- - Wednesday, August 8, 2018

Democrats have become unhinged with this mindset of free college tuition and health care for all, as they embrace the nonsensical philosophy of this socialist from the Bronx, Alexandria Ocasio-Cortez (“Alexandria Ocasio-Cortez on upper-middle class, ‘soccer moms’: ‘That’s not America anymore!’” Web, Aug. 8).

A question: How are these socialist/leftist programs to be paid for? Experts opine such pie-in-the sky programs as the ones Miss Ocasio-Cortez supports would cost $32 trillion over the next 10 years. To finance this nonsense, personal-income marginal tax rates would rise to nothing less than 70 percent, and assuredly corporate rates would exceed 60 percent.

Such free services, as with any commodity or service subsidy, mean an increased demand for such economic outputs. Assuming educational — and medical-infrastructure supply levels remains static — health care and academic costs would naturally skyrocket to herculean levels in order to adjust for this imbalance. As marginal rates rose to finance such a fiasco, domestic business and manufacturing competitiveness would consequently degenerate and expatriate to foreign producers. Job losses would abound in the American labor market. In this context, these hare-brained ideas of Bernie Sanders, Cynthia Nixon and Alexandria Ocasio-Cortez do nothing for this nation.

EARL BEAL

Terre Haute, Ind.



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