Thursday, April 14, 2016

What To Consider When Dealing With Bernie Sanders and Socialism

All Eyes on U.S., provided an excellent blog with a reasonable argument of their beliefs. Now, I agree with you that America needs to focus on itself, as we are on somewhat of a decline. Sanders is the type of guy who is ready to get stuff done and I love how he wants to benefit those who are put in an unfortunate position financially. Yes, free universal health care, higher minimum wages, and free college educations sounds incredible, but it is not that easy. Every president becomes president because they are willing to put in the hard work to benefit America as a nation, which raises the question, don’t you think all of those great things would have been implemented by now if there was no potential consequence?

Sander’s most significant proposals are providing a single-payer health care system, breaking up big banks, raising minimum wage to $15, and ending free trade agreements NAFTA, CAFTA, permanent normal trade relations (PNTR) with Chine and the recently-signed Trans-Pacific Partnership. In reality, most of his ideas have solely focused on spending without a clear idea as to how to pay for the proposals. One can interpret that paying for his programs would require an increase in the deficit and/or higher taxes. If Sanders’ policies deepen, the budget deficit for many years down the road, it could impact the bond market and creditor, driving up interest rates and having an inability to give out loans. Overall, it could be more expensive to run the government. Bill Clinton learned this during his presidency as he was forced to prioritize deficit reduction instead of fulfilling his spending promises.

            Bernie Sanders has included raising taxes on the rich and corporations in order to pay for a large expansion of programs for everyone else at the heart of his campaign. In other words, there will be an enormous tax increase for everyone except those at the bottom. I am in full support of helping those in need. However, what will the reaction are when taxes are raised exponentially? Isn’t the purpose of America to be a place where every American can determine their success based off of their hard work? Of course, some are put into much better situations than others, providing them a seemingly easier access to opportunity, but that does not make it impossible. I am often times alone with this thought, but most of the most successful people in the world started with absolutely nothing. If they could find success, then why can’t others who are at the bottom? Must they continuously rely on the government to get them out of trouble? People who are outrageously successful did not blame any of their surroundings because they understood that being successful was completely their responsibility. They made the sacrifice and put in the sickening hard work without making excuses and never giving up so that one-day they could achieve their dream. If they can do it then so can anyone, people just have to believe in their limitless capabilities and put in the work. I am not claiming the unfortunate to be lazy or anything because I have never experienced such hardship. All I am saying is that it is possible to overcome it and it has been done before.

Bernie Sanders has wonderful intentions for America, I just believe that forced economic equality would defeat the purpose of America, which is the ability to have all kinds of limitless opportunity if you are willing to do the work. I support his strive to help those in financial problems, however, it needs to be paid for without making successful people suffer from their hard earned money. They are there for a reason; doesn’t it ruin their freedom and equality in a way, making them pay more than everyone else? It sounds reasonable that they should pay more because they earn more, but I feel as if everyone is equal in America no matter what position.

In Conclusion, this was an incredible blog and I enjoyed reading it as my ideas and interest began to flow. Keep it up!

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