“Socialism’s obvious immorality to the individual and Sanders appeal explained”
Bernie Sanders and his supporters have ignited a “political revolution”, declaring the
middle class is too poor and the upper class is too rich. Sanders is promising a vast array of “free
stuff” paid for by Wall Street if elected to the presidency. It all ranges from universal healthcare,
to free higher education for the public. To pay for his free upper education program, he wants to
institute a speculation tax on day trades. His top policy analyst states it will provide $300 billion
in revenue. However, the Tax Policy Center says conservatively it will only provide $50 billion
in revenue. Now without these facts laid in front of them, my generation is buying right into this
sham. When questioned about the successes of the 0.1% Financial Transactions Tax (FTT)
Sanders has proposed, one may respond it will cause financial institutions to be less reckless.
Countries with socialist tendencies like Sweden and France have both toyed with the idea of
FTT’s, and both countries decided against it stating it would drive financial establishments
overseas. I can’t blame my generation for buying into all of this though, a measly 2.4% increase
in economic growth in 2015 and a rapidly expanding competitive marketplace can scare
anybody. Financial success and security is something that everybody yearns for, and right now
the current establishment does not provide a clear future. So Sanders unexplained promises to the
struggling middle class of zero to little college debt and guaranteed healthcare explains why he
has garnered the popularity he currently holds.
Failing to provide an in depth explanation of how he intends to pay for his proposed
universal healthcare, one can only deduce from the tidbits he has provided that it would cost
more than all of his other programs combined, according to the Tax Policy Center.
Sanders most outstanding quality is his self proclamation of being a democratic-socialist.
