Are the far-left radicals over at MSNBC finally catching on? Were AOC, Tlaib, and Omar on to something when they decided to endorse Bernie Sanders over Elizabeth Warren?
Apparently, some people feel Warren’s policies would be more devastating for America than Bernie’s. So, if Bernie is an admitted Democrat Socialist, what does that make Warren?
Check this out…
From Daily Wire:
On Friday, Economist Editor-in-Chief Zanny Minton Beddoes and former Obama administration adviser Steven Rattner slammed Democratic presidential candidate Sen. Elizabeth Warren (D-MA), calling her economic proposals “extreme” and suggesting that they would devastate the U.S. economy.
“Many of the things that she’s trying to address are real problems in the U.S. economy – the scale of inequality, the increasingly concentrated nature of the U.S. economy – but on balance, when you look at it, I actually think that many of her specific proposals, there are some that make a lot of sense, but many of them, when taken together, it would give a shock to the U.S. economy that on balance would be not good for the U.S. economy,” Beddoes said on MSNBC’s “Morning Joe.”
“About 50% of the stock market and private equity companies would be affected by her re-regulation, by break up, by some of, one of her many very big, ambitious proposals, and I think it’s not just that there are individual policies that one can disagree with, and there are many,” Beddoes continued.
“The broader philosophy underpinning it, I think, has two elements: one is that she has an enormous faith in government and government regulation, and as we all know, government regulation has its downsides, and we may be in a situation where we need [a] different kind of regulation of some industries, but she is driven by a faith in government,” Beddoes added. “And the converse of that is that I think she’s driven by a real punitive dislike of much of business, and that is actually some of the underpinning of American prosperity – much of that underpinning. American capitalism is strong because of its business.”
Source: Politico Usa News