Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Dick Young’s Safe America
  • Your Survival Guy’s Super States
  • Critical Race Theory
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money

Job-Killing, Economy-Stifling Ideas

May 14, 2015 By Debbie Young

Guess what NYC mayor Bill de Blasio, Massachusett’s senator Elizabeth Warren, economist Joseph Stiglitz, DNC chairman Howard Dean, various union bosses, and celebrities Susan Sarandon and Steve Buscemi have in common? Their version of a Contract with America. “But for all the glitter associated with its big-name signers,” writes Cato Institute’s senior fellow Michael Tanner, “the manifesto is devoid of new ideas and, if enacted, could be counted on to plunge millions of Americans into poverty.”

What De Blasio, Warren, Dean, et al. are purposing is to make more “investments” in infrastructure, medical and scientific research, child care and after-school programs and increased college aid. And just how are these “investments” going to be funded? By raising taxes on the rich. Even though the top 1 percent of taxpayers already pay as much as 24 percent in federal income taxes, De Blasio/Warren & Gang would like to see that the 1 percenters “pay their fair share, through a 5 percent surtax on their income tax, among other tax increases.”

While Cato’s view on free trade differs somewhat from Young Research’s view—when one country (China) is rigging its currency against its trade partner (U.S.), as well as restricting imports, can it be called “free trade?”—there are plenty of other issues that can be agreed upon as serious contenders to the detriment of economic freedom, entrepreneurship, and upward mobility.

Mr. Tanner maintains that these views, so out of touch with reality, are meant to push the Democratic Party, especially Hillary, further to the left. Ms. Clinton has so far avoided taking positions on most issues, but recently has taken on an increasingly Warren-esque approach. Read more here from Michael Tanner on the left’s “potpourri of job-killing, economy-stifling ideas.”

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • The Job Destruction Act
  • Killing an Economy Obama Style
  • Iowa Votes No on Job Killing Obama!
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • Greetings From Paris & Le Bristol Hotel - June 24, 2022
  • Biden, a Job Killing Machine - June 24, 2022
  • Good News for the 2nd Amendment - June 24, 2022

Dick Young’s Must Reads

  • The Worst President in American History, Part I
  • My Battle-Hardened Stock Market Strategy for the Worst of Times
  • America’s Silent Army with 423M Guns
  • The Butterfly Effect and Chaotic Markets
  • Hillsdale College: What College Is Meant to Be
  • Your Survival Guy’s 2022 Super States: #1 New Hampshire
  • A NEW CONTRACT WITH AMERICA: Rick Scott Finally Gives the GOP Something to Run On
  • Escape From the City: You’re Going to Like What You See
  • The Masters of the Universe Align Themselves with CHINA Using YOUR Money?
  • You Want the Limo, Not the Public Bus

Disclosure

RSS Youngresearch.com

  • Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More
  • Is the Great Job Boom Over?
  • Here’s Why You Need a 15-Year Retirement Investment Plan
  • Will ESG Do to Steel Prices What It Did to Gas Prices?
  • Kellogg Cuts Loose with Split Plan
  • Apple Shares Resilient in the Face of Recession
  • MONEY TALKS: The Best Service in Paris
  • Predictions of MEGA-SPENDING on Metaverse
  • RECESSION? Dow 25,000, $8 Gas, Rising Interest Rates, Spell Mid-term Crack Up
  • Investing During a Recession

Greetings From Paris & Le Bristol Hotel

The Most Controversial Restaurant in Paris?

Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More

Russia’s “Unsubtle” Artillery Attacks Not Necessarily “Archaic”

FLORIDA DODGED A BULLET: Elected Superb DeSantis Over Unstable Gillum

Biden, a Job Killing Machine

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives