Parker: Dems take pass on telling Americans the truth
Of late in The Wall Street Journal Neera Tanden CEO of the Center for American Progress a major foghorn in our nation s capital for America s left explained Why Democrats Won the Shutdown The majority accurate declaration in the article is fights tell the country a lot about what and who the fighters care about And indeed there should be no question what the Democratic Party is about That is to miss no opportunity to accumulate political power by fostering as widely and as deeply as manageable a society of ruling body dependence in America And to pay the bill for this by bankrupting our country Affordability is the political buzzword du jour now And indeed no one wants higher prices But the way to lower prices is greater efficiency in businesses delivering the products and services we care about The authorities s role in this is removing to the greatest extent doable unnecessary regulations and taxes However for those that love political power the way to lower prices to affordability is subsidies Shield those who you want to depend on you from the true costs of what they are consuming And indeed this is the way of Obamacare Shield the true cost of medical care by sending the subsidy funds to the insurance companies to keep premiums to the consumer artificially low Per the Paragon Fitness Institute in federal subsidies through the ACA Medicaid expansion and the exchanges which almost all flowed to insurers totaled billion Not surprisingly as Paragon reports since when Obamacare was enacted a weighted average of stocks of medical insurance companies is up though the end of compared to in the overall sphere measured by the S P The next question is How can we pay for this plan Democrats have for making things more affordable Unfortunately here we have even more subterfuge to shield Americans from reality Or in the words of former UK Prime Minister Margaret Thatcher the challenge with socialism is eventually you run out of other people s money There are two means the federal leadership can get its hands on more money Tax us Or not tax us now and borrow the money on global credit markets basically putting us all on the hook without us knowing about it Our federal cabinet has been running a fiscal deficit every year since Expenditures are greater than income And of curriculum Democrats have no interest in cutting spending The outcome is that in the last year we had a fiscal surplus federal debt as percent of GDP was Now per the Federal Reserve Bank of St Louis it s Projections from the Congressional Budget Office show our debt burden will continue to grow to unimaginable levels Step one to solving the dilemma is getting honest and realistic that we have a challenge And this is the last thing that Democrats want Star Parker is founder of the Center for Urban Renewal and Teaching Her new book What Is the CURE for America is available now