Free! Free! Free! Step right up and take it! The rich will pay for it, somehow, we think

A chicken in every pot. Pot for every chicken. Free health care. Free college tuition. Free renewable power (Well, maybe not.). Higher Social Security income. Medicaid for everyone.

And not just for Americans. It’s for anyone who can show up, anytime, at any age.

Hillary Clinton said so last night at the Democratic choir, I mean debate:

“Well, first of all, I want to make sure every child gets health care. That’s why I helped to create the Children’s Health Insurance Program, and I want to support states that are expanding health care and including undocumented children and others.

“I want to open up the opportunity for immigrants to be able to buy in to the exchanges under the Affordable Care Act. I think to go beyond that, as I understand what Governor (Martin) O’Malley has recommended, so that they would get the same subsidies.

“I think that is — it raises so many issues. It would be very difficult to administer, it needs to be part of a comprehensive immigration reform, when we finally do get to it.”

It turns out it is not just for the children. (We do assume that free college tuition mentioned most of the candidates is also for the so-called DREAMers.)

But the Sun Sentinel of Fort Lauderdale in South Florida reports that the U.S. is becoming Castro’s version of Social Security as older Cubans flock to the United States. An analysis by the paper found that the number of Cubans over the age of 60 coming to the U.S. has grown fivefold since 2010.

The attraction: $733 a month in Supplemental Security Income, food stamps, housing assistance and free health care.

Just one example:

“Elisa Diaz came at 75 to be near her three children in the U.S. She lives in Miami in a subsidized apartment, gets food stamps and $700 a month in SSI. The benefits, she said, are much better than pensions in Cuba — about $7 a month. ‘I have an American flag in my house,’ she said. ‘I’m happy. I want to be an American citizen.’”

This is true even if family members here have upper middle class income.

So, the rich here can not only afford all those freebies for Americans but for foreigners, too.

“It’s become a convenient pressure valve for the Castro regime to rid itself of its old people, with all their costs of aging, while holding on to power. …” an Investor’s Business Daily editorial relates. “The cost to U.S. taxpayers for this retirement plan for Castro’s castoffs is likely billions. The Sun-Sentinel found welfare alone for all Cuban refugees is about $685 million, and Cubans are the No. 1 recipients.

“This makes a mockery of the increasingly suspect system of instant asylum to any Cuban who makes it here. Castro has rapidly learned to use that law to dump his high-cost elderly on us, laughing all the way to the bank.”

After watching the debate Republican candidate Sen. Marco Rubio of Florida remarked:

“It was basically a liberal versus liberal debate about who was going to give away the most free stuff. Free college education, free college education for people illegally in this country, free health care, free everything.”

It was amusing to hear Clinton talk about the outrageous cost of college tuition. She is the one who charges colleges a quarter of a million dollar and more to give half-hour speeches.

After the choir, er, I mean debate. (CNN photo)

Tom Sowell pointed out a couple of years ago that this “new” plan by the Democrats has already been tried.

In 1921 the top income bracket tax rate reached 73 percent in 1921. That year the number of people with income of $300,000 a year fell to 300, down from 1,000 five years earlier. Tax revenue also fell, Sowell notes.

Congress cut the top income-tax rate down from 60 percent to 24 percent and “vast sums of money that had seemingly vanished into thin air suddenly reappeared in the economy, creating far more jobs and far more tax revenue for the government.”

They called it the roaring ’20s.

Cato chart

In 1924, Treasury Secretary Andrew Mellon noted, “The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business.”

President Calvin Coolidge agreed, saying “the wise and correct course to follow in taxation and all other economic legislation is not to destroy those who have already secured success but to create conditions under which every one will have a better chance to be successful.”

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31 comments on “Free! Free! Free! Step right up and take it! The rich will pay for it, somehow, we think

  1. nyp says:

    so now you want to deny asylum to refugees from Castro’s communism. Interesting.

    By the way — Hillary said that undocumented immigrants who wanted health insurance coverage would have to buy unsubsidized coverage on the insurance exchanges. What is “free” about that?

  2. Steve says:

    That was an empty promise. Illegals can (and do) already purchase coverage on the open markets. All her promise would achieve is to allow them to buy via the ACA website.

  3. nyp says:

    On the ACA websites they get quality-checked healthplans. Because many of them are young and able-bodied, their premiums subsidize the premiums of older people. And, if they have insurance, we don’t have to pay for their hospitalization if they get injured while on the job.
    Seems like a sensible idea to me.

  4. Steve says:

    Nevada Health COOP was “quality checked” ROTFL MY ASS OFFF!!!

  5. Clinton did not exactly close the door on subsidies for illegals: “I want to open up the opportunity for immigrants to be able to buy in to the exchanges under the Affordable Care Act. I think to go beyond that, as I understand what Governor O’Malley has recommended, so that they would get the same subsidies.

    “I think that is — it raises so many issues. It would be very difficult to administer, it needs to be part of a comprehensive immigration reform, when we finally do get to it.”

  6. Steve says:

    I heard her say that, Tom, but the pundits and analysts are all saying she doesn’t support it.

    All hail,,,Transparency!

  7. Rincon says:

    “Elisa Diaz came at 75 to be near her three children in the U.S. She lives in Miami in a subsidized apartment, gets food stamps and $700 a month in SSI.” I have believed that only people that have had Social Security deducted from their income are eligible for Social Security payments and that the size of your payments are determined by how much income was subject to SS deduction. This would have made Diaz ineligible. Did the law change without my knowing it?

  8. Rincon says:

    So Clinton wants every child to get health care. Thomas does not?
    Clinton wants immigrants to be able to buy in the ACA exchanges. She did not specify legal vs illegal. Even with illegals, is it better that they pay premiums and are covered or not pay premiums and are covered? Everyone has been covered in the ER since I was born. I don’t believe that has changed.

  9. Steve says:

    Illegals already do buy insurance Rincon. And it is already subsidized because they don’t pay any taxes!

  10. yep. SSI is OK for Cubans by law.

  11. Nyp says:

    “Immigrants pay taxes, in the form of income, property, sales, and taxes at the federal and state level. As far as income tax payments go, sources vary in their accounts, but a range of studies find that immigrants pay between $90 and $140 billion a year in federal, state, and local taxes. Undocumented immigrants pay income taxes as well, as evidenced by the Social Security Administration’s “suspense file” (taxes that cannot be matched to workers’ names and social security numbers), which grew by $20 billion between 1990 and 1998.”

  12. Steve says:

    Woo HOOOOOO!!!!!!!

    open all the borders, get those peeps jumping in trucks at home centers nationwide and on up into Canada!

    Illegal immigrants are GOOD for tax revenues!

    thanks for the laugh, nyp

  13. Nyp says:

    They are indeed good for tax revenue & for economic growth in general.

  14. Rincon says:

    So SSI, meaning Supplemental Security Income, which is not funded by Social Security taxes, is the program for disabled people. It requires recipients to be citizens. Sorry Thomas, but once a person becomes a citizen they have the same rights and privileges as other citizens. Your argument may be that Diaz should not have been accepted as a citizen, but your challenge is to find out whether she was disabled and unable to find work at the time of her entry since any citizen can become disabled, not just Cubans. Once we make someone a citizen, we can’t get rid of them because they aren’t working out.

  15. Rincon says:

    You haven’t answered my question, Steve

  16. Rincon says:

    I also forgot to comment on the example of the 1920’s, where lowering taxes on the rich did such wonders for the economy. It neglected to point out that this period of excess ended in the worst financial disaster in this country’s history. Perhaps it’s a better example of how lowering taxes for the rich screws up the economy.

  17. Steve says:

    “You haven’t answered my question, Steve”
    I find nothing from you directed at me.

    And the 1920’s were repeated in the 1990’s, with effort it was extended a bit.

  18. Rincon says:

    Sorry Steve. I should have been more clear. The question wasn’t specifically directed to you: “Even with illegals, is it better that they pay premiums and are covered or not pay premiums and are covered?” Your statement, “Illegals already do buy insurance Rincon. And it is already subsidized because they don’t pay any taxes!” seemed to ignore it. Although I also don’t want to subsidize the health care of illegals, since they’re covered either way, isn’t it better that they at least pay premiums?

  19. Steve says:

    Only if they pay taxes. Illegals don’t, they just send the money back to family wherever they came from. In fact, many of them don’t want to become citizens. That would cost them money!

  20. Steve says:

    Oh, for Nyp, sales taxes don’t count. They would have to be subject to every tax a full fledged citizen pays.

  21. Rincon says:

    I never actually thought about what taxes an illegal doesn’t pay that a citizen does. Which taxes are we referring to?

  22. Anderson Cooper is a child of the infamous 1% (the Vanderbilts)…and yes he did a stint as an intern at the CIA for two summers…and like George Stephanopoulis…is a supporter and member of the Clinton Global Initiative slush fund…so his impartiality as a Democrat debate moderator…is indeed suspect, just ask Jim Webb…

  23. Patrick says:

    http://www.marketwatch.com/story/consumer-prices-fall-again-on-cheaper-oil-imports-2015-10-15

    So whatever happened to runaway inflation ala Weimer Republic, a plunging dollar, a sky high deficit, and $5000 gold anyway?

    So the far right wing economic “analysis” was wrong I guess?

  24. Steve says:

    Fracking happened.

    Fracking.

  25. nyp says:

    In other words, the Obama Administration correctly calculated that improved oil recovery technology, plus continued poor growth in Eurozone countries that had adopted austerian economic policies would more than offset any drilling disincentives created by the President’s more environmentally-conscious drilling regulations. Sounds like good policy-making to me.

    Although I don’t quite understand what oil fracking had to do with the plunging federal deficit.

  26. Plunging federal deficit still equates to increasing federal debt.

  27. nyp says:

    No, it doesn’t.

  28. Steve says:

    ” Obama Administration correctly calculated that improved oil recovery technology”….. By blocking fracking on BLM lands…..

    Thanks for the laugh!

  29. Patrick says:

    And a plunging deficit and a continued upswing in the National Debt hased to: fling inflation, a stronger dollar, $1200 gold.

    And republicans said that would happen?

  30. Patrick says:

    Should be “reduced inflation”

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