Spending Plans of the Presidential Candidates

But don't worry.  Only the rich will be taxed to pay for all of these promises.  The socialists of the Democratic Socialist Party, who do not actually believe in democracy, have assured us that very few of us will be taxed to pay for all the goodies a much multiplied bureaucracy of swamp creatures and the special interests their handouts will spawn will provide.  We will just tax the producers of wealth in America and hand their money over to politicians and bureaucrats and we will be well taken care of.  No worries.

Reality: You will have to work mighty hard to become one of the special interest factions able to soak up the money unless you want to join the vast majority of Americans in a lower standard of life.  Forget about voluntary associations and acts of cooperation in a free society.  Forget about choosing your own values and dreams.  Forget about managing your own life in accordance with your self-chosen values.

Stop working hard -- if you do, everyone else will just take all you produce, stealing the very hours of your life.  Don't be a slave to government -- go fishing or watch endless hours of TV, or stare at your cell phone all day.  This is the good life according to the many socialists among us.  Any purpose but the pursuit of power over others is pointless.  Is it any wonder the majority of the people will turn to alcohol and opiates in their ideal society, while the ambitious will become brutal savages in the pursuit of the power to deny everyone else their voluntary associations and acts of cooperation?

Socialism only appeals to the unbelievably ignorant, the insane, and the most brutish persons of a society.

Update on 6 March 2020:

Only Sanders and Biden remain of the Democratic Party significant contenders of the spending plans plot above.  Buttigieg, Bloomberg, Steyer, and Klobuchar only wanted federal spending over 10 years of $68 trillion or less.  That was not enough for the modern Democratic Party.  They all failed to acquire enough votes from their highly socialist party adherents.  Biden promises to spend $75.6 trillion over the next 10 years and that might be enough to satisfy enough party members for him to secure the party nomination with the generous help of the party political hack delegates who do not need to get votes.  Sanders wants an unbelievable $139.5 trillion in spending over 10 years.

Sanders wants to spend enough to collapse the federal government.  This is the real revolution he has been advocating.  Collapse the federal government and in the ensuing chaos, create a communist government to take its place.  His passion has always been for the kind of socialism that makes everyone equally poor.  He has never had any use for people who produce the goods and services of the private market.  His is a real passion for socialism and he has no real interest even in stealing from the private sector in an ongoing manner.  No, he only wants to steal all its wealth once.  Once and done.

Biden and the political establishment of the Democratic Party do not want to collapse the government.  They do not want to entirely kill the wealth generating private sector.  No, they are parasites and they have just enough self-interest not to kill their host.  They need the wealth-generating private sector to generate the wealth they will steal and the money they will use to acquire more power over the American people.  These people include most of the media, almost all of academia and the bureaucrats, almost all the lobbyists, and some environmentalists and labor leaders.  They want to maximize the amount of wealth they can steal, which means they have to allow wealth to be generated still.  If they understood economics better, they would allow more wealth to be generated than they will allow and they would actually get away with stealing more, though at a lower percentage.  However, these are also envious people who depend heavily upon getting the votes of envious people, so they have to compromise by maximizing some combination of envy + stolen wealth.

Comments on Medicare-for-All

Elizabeth Warren's plan to nationalize the health care system in the USA has a price tag of $52 trillion according to her no-doubt reliable cost accounting.  She has claimed repeatedly that billionaires will pay all the taxes to pay for it.  The middle class will pay nothing, so she says.

The total wealth of American billionaires is estimated to be about $2.4 trillion.  If every last penny of that wealth were confiscated by Warren's socialist government, the tax on the billionaires would cover about 4.6% of cost of the first 10 years of her Medicare-for-All program.  Now, mind you, who is then going to pay that same 4.6% of more of the next 10 year period of her Medicare-for-All?  When those American billionaires sell off all their assets to pay their confiscatory taxes, will those who buy up the assets manage them as well and generate as many jobs and as much GDP growth?

Other portions of the costs are to be paid by having the states transfer their Medicaid payments to the federal government.  Companies will have to turn over what they are paying into employee health plans to the federal government.  Companies will lose the ability to tune their health insurance costs to their industry, location, and profitability.  Many more companies will fail without this flexibility, causing a loss of jobs and a loss of GDP growth.  Still, these sums will fall far short of providing the $52 trillion costs of Warren's plan.  Who do you think is going to make up the huge difference?

Both Warren and Sanders plans will shut down the private health insurance markets.  This means they will put 2 million Americans in that industry out of work.  Do either of their plans cost estimates include putting these 2 million Americans on unemployment insurance payouts and other welfare programs?  When 2 million Americans lose their jobs, how many will become alcoholics or other drug users?  How many will commit suicide in their despair and depression?  Have we learned nothing from the human disaster that occurred in part as Obama acted to destroy the coal mining industry and the jobs of those who transported coal, burned coal in power plants, and ran the retail and services industries of the towns that depended upon coal production?

Medicare-for-all will result in lower quality medical care for everyone.  Innovation, medical care giver training and intelligence, equipment, and facilities will all deteriorate more and more over time.  Bureaucrats will be in charge of deciding who will live and who will die.  And every American will lose the sole ownership of their minds and bodies.  When someone else gets to dictate how you will act to maintain your own mind and body, then you have lost your most critical property right.  You are no longer sovereign.  You are a slave.

Cummins on Ayn Rand's View of Human Nature

Dr. Denise Cummins wrote an article entitled This is what happens when you take Ayn Rand seriously, on which I commented extensively.  She has followed that article up with another in which she takes exception to one of my comments and generally finds fault with Ayn Rand for not embracing altruism.  Her second article is entitled What Ayn Rand got wrong about human nature.  She starts her article by saying that the complaints of Rand's followers "primarily objected to my assertion that Rand celebrated unbridled self-interest."

Her first quote and the only quote of such a "follower" was taken from one of my comments.  This is that quote:

Rand’s good people do care about others. They do not care to be forced to give away the fruits of their invested time to others, but they are delighted to trade what they produce to others and delighted to see those trades improve the lives of others.

To which her only direct comment is "Such objections are without merit." Oddly enough, she then quoted Ayn Rand

Man gains enormous values from dealing with other men; living in a human society is his proper way of life — but only on certain conditions. Man is not a lone wolf and he is not a social animal. He is a contractual animal. He has to plan his life long-range, make his own choices, and deal with other men by voluntary agreement (and he has to be able to rely on their observance of the agreements they entered). The choice is not self-sacrifice or domination.

showing that she also believed in goodwill towards others provided our associations and trades are of a voluntary nature.  She introduces this quote of Rand's by saying that she acknowledged that human beings are social animals who should "look beyond their own immediate self-interest in order to function."  Looking beyond "immediate self-interest" is consistent with Rand's general philosophy and with my comment that Cummins claimed had no merit.  Note the sleight of hand by Cummins in claiming that Rand believed in "unbridled self-interest" in the first paragraph of her article even as she now acknowledges that Rand looks beyond "immediate self-interest."  Actually, Rand and I believe that rational man pursues his rational self-interest, not an "unbridled self-interest."  An unbridled self-interest is an emotion-driven and short-range viewpoint of others and one's relations with them which is not bridled by rational assessment and long-range planning of one's life.

Cummins then claims:

Despite embracing sociality, Rand saw more evil than good in this kind of interdependence between people. As she wrote in “The Fountainhead,” “The choice is independence or dependence. All that which proceeds from man’s independent ego is good. All that which proceeds from man’s dependence upon men is evil.”

Note that in the quote she gives here, Rand is discussing man's independent ego.  She is not discussing an independence from the trade of values with others.  Rand is saying that one's ego should not be dependent upon what others think of you or that you should not let others tell you what to think or whether you have self-value.  The contradiction Cummins claims is not supported by this quote.

Cummins then claims that Ayn Rand somewhat embraces altruism:

Perhaps the key to understanding this contradiction lies in a journal entry in which she writes, “Selfishness does not mean only to do things for one’s self. One may do things, affecting others, for his own pleasure and benefit. This is not immoral, but the highest of morality.”

Seen in this light, altruistic acts are sanctioned insofar as they bring pleasure or other benefit to the giver, who has no moral obligation to offer help to those who are suffering.

 Ayn Rand defines altruism as the act of sacrificing one's own self-interest for the sake of the interest of others.  Cummins appears to believe that any act done for the sake of others is an act of altruism.  There are certainly many situations in which a rational man will act to enhance the interest of others without sacrificing his own interest and indeed by enhancing his own self-interest as well.  Cummins wants to provide legitimacy for altruism by claiming it subsumes both the sacrificial and the self-interested acts that help others.  For strong moral reasons, Ayn Rand wants to separate these very different actions with respect to relations and associations with others.  Cummins wants to muddle them together.

Cummins next takes exception to Rand's claims that socialism does not work.  Cummins says that socialism can lead to abuse and poverty, but it can also lead to wealth, health, and happiness superior to capitalism.  So, she proves this by stating that a certain Prosperity Index lists the United States as the 11th most "prosperous" nation after a number of nations she calls socialist nations.  The criteria for this ranking are not given by her link and that link does not link to the criteria either.  But in any case, one critical assumption in her "proof" is that the USA is an example of an unadulterated capitalist country.  In fact the Cato Institute 2015 Economic Freedom of the World report ranked the USA as only the 16th country in economic freedoms.  The Heritage Foundation Economic Freedom Index of 2016 lists the USA as #11 in economic freedom.  So, it should not be a surprising result of an index of prosperity to rank the USA #11.  According to the Cato Economic Freedom of the World report, New Zealand, Switzerland, Ireland and Canada are economically more free than the USA.  According to the Heritage Foundation Economic Freedom Index, New Zealand, Switzerland, Australia, Canada, and Ireland all have more economic freedom than does the USA.  Apparently, Cummins is unaware of the many socialist programs and economic controls that American governments have saddled our business sector with.

Oddly, Cummins claims that

while a given individual can benefit from cooperating, he or she can usually do better by reneging.  The end result is that altruists go extinct.  But Trivers showed that altruists can survive if one simple condition is satisfied: Those who fail to reciprocate must be punished through exclusion from subsequent cooperative ventures.

Once again, Cummins is implicitly claiming that one who cooperates and does their part is an altruist, while the rational self-interested person will renege.  But, she says the altruist can do well in cooperative transactions if the reneger is not allowed to enter into future cooperative ventures.  So, the long-range rational self-interest of a person is not to renege, which takes us right back to Ayn Rand's self-interest -- one of rational thought and long-range planning!  Cummins then tries to make a strong contrast between future exclusion and the enforcement of contracts.  The enforcement of contracts as advocated by Ayn Rand does help to prevent harm to the partner in a cooperative endeavor who will live up to the spirit of the endeavor.  The one who does not is subject to legal action to recover damages and also to future exclusion from cooperative endeavors.

Cummins claims that Rand's idea of enforceable contracts says Rand expects "government to play a role in maintaining fairness in market transactions."  She may be trying to claim this opens the door to a version of fairness as Cummins would see fairness, not as Rand would see it.  If this is not the case, I do not see why she has brought this up.

Not surprisingly, Cummins claims that laissez-faire capitalism failed in the 2008 financial crisis.  She fails entirely to recognize the many ways in which that crisis was caused by government policies and the many ways that government policies iced a recovery.

Cummins wraps her article up with the Elizabeth Warren quote that every individual has a collectivist debt, which may be extracted by force, because we gain from living in a society in which we exchange values, sometimes voluntarily, sometimes at the point of a gun.  Well, of course, we gain from living in a society in which we are allowed to choose our own values and act, often in cooperation with others, in the pursuit of our values.  That is central to Rand's philosophy.

Warren claims that we gain even from those goods or services delivered by the force of government that provide us some benefit, even if that benefit cost us far more in expense than is the value of the benefit.  We owe the collective for allowing us to use the roads, no matter how badly government builds and maintains roads.  We owe the collective for long-term unemployment insurance, no matter how irresponsible the beneficiary is for not getting another job or creating his own job.  This is Warren's inversion of cause and effect and hers a great way to reduce productive and creative work.  It is also most strange that she is only interested in laying forceful claim to the products of creative and productive work.  There is no compensation to the creative and productive person in the hours others have invested into their entertainments and pleasures of a non-creative and non-productive manner.  Warren is simply a bank-robber, who claims it is moral to be a thief.

Of course we gain by living in a society in which the knowledge gained by others and the produce of others can be freely traded and made available to us.  Most people who act in the private sector do leave a legacy of values behind them which make it easier for others to survive and flourish in the future.  This is a major benefit of a free society.  It is not a benefit if these benefits of a free society are undermined by the claim that the legacy of prior productive people allows a moral right to take by force whatever one wants in the future from that legacy beneficiary.  This claim does nothing but infest with rot the process of productive and creative thinking and the actions needed to turn those thoughts into actual goods and services.  We rightly admire those who have led productive and creative lives, but this does not make us slaves either to them or to others in society who may not be very productive and creative.  To claim that the legacy of other productive and creative people should be a justification for the use of force to steal the fruits of the time and effort that others invest in their productive and creative work is a sacrilege against that legacy and the good people who left it.