On Monday, House Speaker Nancy Pelosi (D-CA) sent shockwaves through the political world when she said ats were looking at the possibility of pushing a minimum guaranteed income. That would come with societal problems, according to Sen. Mike Lee (R-UT).
During an interview with Fox News Channel’s Shannon Bream, Lee likened her proposal to something one might find in a “Western European-style socialized democracy,” and explained how guaranteed incomes stymy economic mobility, especially among the poor and middle class.
“If we want to become a Western European-style socialized democracy, then that is the approach we should take,” Mike Lee said. “The fact is, Shannon, that hurts poor and middle-class people. And the fact is, that runs contrary to everything we believe about the limited role of government and about the ability individual citizens need to have to achieve upward economic mobility. If you want a stagnant economy — one in which poor and middle-class Americans are locked in place and have artificial barriers put in their way by government, then that’s what you should do. Otherwise, we should stick to free markets. Nancy Pelosi knows better, and she ought to be ashamed of herself for suggesting otherwise.”
Follow Jeff Poor on Twitter @jeff_poor