Democrat Economic Proposals

1) Hillary Clinton proposes giving every newborn $5,000.

-- Shades of George McGovern's 1972 campaign? This would cost about $20 billion per year. We give everyone $5,000 at birth but they have to pay higher taxes later to pay for that. I assume that the point of all this is to increase progressivity, but the notion that you are taxing people to give all newborns more money. If you means test the money to the poor, you dramatically lower how much you have to pay out. Presumably one reason for this could be to encourage people to have more kids, but the Even assuming that someone thought that it was necessary for yet another government program to transfer money, why would you want to give every newborn more money?

Note: I am not a big fan of the.

2) Congressional Democrats want a $35 billion increase in government health care financed by a $1 tax increase on cigarettes.

-- Also sorts of states are starting government programs with the promise that cigarette taxes will pay for them. Not only were states unlikely to get the money that they wanted to begin with, but this Federal tax increase would make that all the less likely.



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