Alexandria Ocasio-Cortez Still Can’t Say How She’ll Pay for All Her Socialism

RUSH: Now, I want to move on from all of this. Audio sound bite time. Alexandria Ocasio-Cortez. … She appeared recently on a podcast called Pod Save America. The cohost is a man named Jon Lovett. And he asked Alexandria Ocasio-Cortez about how she is gonna pay for her agenda. And every time this question comes up it becomes abundantly clear this woman is clueless.

OCASIO-CORTEZ: They say, “How are you going to pay for it?” as though they haven’t used these same ways to pay for unlimited wars, to pay for trillion dollar tax cuts and tax cut extensions. They use these mechanisms to pay for these things all the time. They only want to know — it just seems like their pockets are only empty when we’re talking about education and investing in human capital in the United States: education, healthcare, housing, and investing in the middle class. All of a sudden, you know there’s nothing left. All of a sudden, the wealthiest nation in the world, we’re just totally scarce. We have complete scarcity when it comes to the things that are most important.

RUSH: Now, what is asinine about this, no, she doesn’t even try to answer the question how is she gonna pay for it. She just complains about the fact that money isn’t being spent on it when it already is! Over 60% of the federal budget is already spent on things this woman claims we’re not spending anything on. The vast majority of our budget is not defense. Anyway, not to mention that we are $20 trillion in debt and don’t have any money, really, except for the money we can print. But she wasn’t through. Here’s the continuation, remainder of her answer.

RUSH: Remember what the question was. How are you gonna pay for your agenda? And now she’s trying to deny that she is part of a left-right arrangement, when she’s espousing socialism. Okay. Let’s go through the numbers here very quickly because the time is dwindling. We’re already, with her agenda, $32 trillion over 10 years just for Medicare for all. Now she wants free tuition. She wants free food stamps, free everything. The numbers that have been drawn on her proposals equal $42 trillion over 10 years above what we’re already spending.

Now, let’s talk about how to raise that. What do you think we would have to do? She’s totally clueless. I’ll tell you one thing. You would have to confiscate every dollar of corporate profits over $90,000. Not tax it at 25 or 30. You’d have to confiscate it. Essentially you would need to create a 77% federal tax rate in order to raise money, 77% above $90,000 of income, everything over 90,000 gets taxed at 77%. It’s confiscated. And you’re still way short of what you need.

It isn’t possible, folks.

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