Tuesday, March 08, 2016
The Social, Secular and Progressive Dream State
The dream state of Clinton and Sanders
Free medical care for
all throughout life
Free college
education for all
Out of work allowance
of 75% of last pay
Housing mortgage at
an interest rate of 3% or less
Car loans at an
interest rate of 3% or less
Get ready for school
allowance of $300 each fall
Clothing allowance of
$400 per year per person in household
Vacation time of six
weeks per year.
Unlimited paid sick
leave as determined by the doctor
Disability pay of 75%
of last salary
Nine days of holidays
per year
Rehabilitation leave all
expenses paid to a vacation area at doctor's orders of two weeks
Vacation pay of
$1,000 per adult in the family
A minimum wage of $20
per hour
Guaranteed ten years
of employment once hired
The only question is:
who is going to pay for all of this largess?
By 2020 the entire
revenue per year from taxes will be absorbed by entitlements and interest on
the national debt, so the goodies above must be covered by additional taxes,
estimated to be at least a trillion or so dollar's worth.
Similar goodies used
to be paid out by the Dutch government in the 1980's, and it was glorious for
the lower classes, but very hard on the middle and upper classes, who paid from
62% to 93% taxes on their salary and income to carry the load. When hard times
came, most of these goodies were terminated because they were simply unaffordable.
The dream state of Clinton and Sanders
Free medical care for
all throughout life
Free college
education for all
Out of work allowance
of 75% of last pay
Housing mortgage at
an interest rate of 3% or less
Car loans at an
interest rate of 3% or less
Get ready for school
allowance of $300 each fall
Clothing allowance of
$400 per year per person in household
Vacation time of six
weeks per year.
Unlimited paid sick
leave as determined by the doctor
Disability pay of 75%
of last salary
Nine days of holidays
per year
Rehabilitation leave all
expenses paid to a vacation area at doctor's orders of two weeks
Vacation pay of
$1,000 per adult in the family
A minimum wage of $20
per hour
Guaranteed ten years
of employment once hired
The only question is:
who is going to pay for all of this largess?
By 2020 the entire
revenue per year from taxes will be absorbed by entitlements and interest on
the national debt, so the goodies above must be covered by additional taxes,
estimated to be at least a trillion or so dollar's worth.
Similar goodies used
to be paid out by the Dutch government in the 1980's, and it was glorious for
the lower classes, but very hard on the middle and upper classes, who paid from
62% to 93% taxes on their salary and income to carry the load. When hard times
came, most of these goodies were terminated because they were simply unaffordable.
