By John Keller | United States
In the current day, a critical midterm election is rapidly approaching. With this, a segment of the Democratic Party is claiming that only they care about the nation’s youth. This segment of the party is campaigning with their alleged care for the youth. But their promises of free college, free healthcare, and more only prove how little they really care.
Promises of billions, even trillions, in new spending for the youth beg a simple question. Just where will all of this money come from? Currently, the United States Treasury is bankrupt, with a debt of over $21 trillion. “Free” education and healthcare is only remotely possible in a stable economy, and holding a debt greater than our GDP is a guarantee at an economy that is too weak and too unstable for such programs.
Furthermore, the money for “free” programs must come from somewhere, meaning it comes from government revenue. Ultimately, this is a fancy term for the taxpayer’s back pocket. Currently, the United States has some of the highest tax rates in the world when factoring in city, county, state, and federal taxes.
In order for the Democratic Party’s “free” programs to work, the current entitlements, such as Medicare and Medicaid, require major revisions. As they hurtle towards bankruptcy, there is not much more room to tax people to fund them. In order to avoid this, it is necessary for the government to look at its wasted spending. Several members of Congress, such as Senator Rand Paul, have spoken out against it. In order to improve the United States Treasury and make any of the Democratic Party’s policies attainable, ending waste is a must.
However, the Democratic Party has no plan to lower the debt or rework spending in order to make their promises possible. Thus, any tangible Blue Wave will only put America’s treasury deeper in the red. A bigger debt with consistent votes for more spending simply pushes the issues down the road. This, of course, deepens the severity of issues that America’s youth must tackle. As taxes increase and services decay, America’s youth will take on the responsibility of this nation’s debt. But the cycle can end, in fact quite simply, by stopping this fall’s Blue Wave.
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