Elaine Parker of Job Creators Network writes in Townhall that sweeping policies espoused by presidential candidates in this robust economy are doomed out of the gate because the money to pay for them simply doesn’t exist:
Election season is gearing up and as usual candidates are promising the world to American voters as they try to curry their favor.
It’s a difficult task to accomplish in the current economic climate—encapsulated by rock-bottom unemployment rates and rising wages. It takes overzealous new policy promises to outdo successes of the current administration. Unfortunately, a runaway federal budget frequently accompanies these initiatives (never mind non-financial policy implications).
Nonetheless, taking center stage during the campaign stump speeches are polices like Medicare for All, the Green New Deal and a Universal Basic Income (UBI). But as candidates continue to push the envelope of what they claim big government can accomplish, I can’t help but wonder, what do the American people who will be directly impacted by these policies think?
Read the rest of the article here.
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