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“It has become a common feature for progressive politicians to propose fantastical trillion-dollar spending plans with straight faces and earn praise for their daring. This can be seen with the current Green Deal, or the Better Deal before this, or pretty much any idea put forth by Alexandria Ocasio Cortez, Elizabeth Warren, or Bernie Sanders.
It thus falls upon conservative commentators to point out just how expensive and ineffective these plans are. A Green Deal would cost trillions of dollars and hardly do anything for the environment but wreak havoc on the economy.
These politicians and their supporters respond that they will just tax the rich. They can stand to shed a few billion dollars for the greater good. A system with billionaires is immoral, according to Ocasio-Cortez. It would be like Robin Hood, robbing the rich (which curiously never includes millionaires like Sanders or Warren) in order to give to the poor for the sake of fairness.”
JJ Editor's Picks
"Once again, the developed world is feeling the inherent tension between market capitalism and representative democracy. Each institution provides its own mechanisms for allocating society’s resources and distributing the income and..."
"Two hundred years ago, the Founding Fathers made a mistake. They decided that the president of the United States should be elected by a popular vote held among the entire country’s citizens. The results of this flawed system speak for themselves..."
"As alien enthusiasts arrive at a remote patch of the Nevada desert, one young hero has already emerged from the legion people who have pledged to invade Area 51, and finally “see them aliens.” The event, which was given the name “Storm Area 51..."
"Women’s empowerment is usually equated with paid work outside the home. That’s a mistake. Assuming that women who choose to stay home and nurture their young children are powerless or unenlightened is not only insulting but dangerous. A woman’s..."
""Since the financial crisis, income inequality has garnered increasing attention from economists, politicians, and journalists, and perhaps no income level has been cited more than the so-called 1 Percent. Yet that term can describe a wide..."
"It’s a formula that we turn to again and again to affirm the value of inclusion, especially in the realm of popular culture: the importance of people who “look like me.” The actor Eva Longoria, who appears in the film “Dora and the Lost City of..."
"In the next few days, we will hear a great deal about the need for a national unity government comprising both the Likud and Kachol Lavan (Blue and White) parties, if only because it will prove, yet again, impossible to put together a narrow and..."
"Artificial intelligence is getting smarter, but it isn’t getting cleaner. In order to improve at predicting the weather, sorting your social media feeds, and hailing your Uber, it needs to train on massive datasets. A few years ago, an A.I..."