(01-17-2020, 09:29 PM)MalabarJag Wrote:

(01-17-2020, 10:10 AM)mikesez Wrote: 2. Barack Obama - sold off GM, Chrysler, and the banks, and never proposed a wealth tax.  Did not create a public option for health insurance.  You could argue that the tight regulations he put forward amount to control of industry, but I don't buy that.

Obama? Really? He's the one you put forth?

Increasing availability for Medicaid = redistribution of wealth
Increasing availability for SNAP = redistribution of wealth
Giving GM to the union = redistribution of wealth AND government control of industry
Proposing a minimum wage increase also fits both categories

And yes, the use of regulations to favor one industry over another is 100% control of industry.

Wow, he never proposed a tax he knew had no chance of passing? Proof right there!

But even if you continue to deny reality, going back to a Democrat in the past isn't meaningful. I'm surprised you didn't just dig up JFK.

1) Medicaid and SNAP are funded with income taxes. Income is not wealth.

2) GM and Chrysler were about to go bankrupt. More likely than not, a bankruptcy judge would have determined that the employee benefits trust should get paid first. The result would have been the same, it just would have taken a lot longer and factories would have been idle, with no parts getting delivered, in the meantime.

3) minimum wage is a question of income. A change to a minimum wage law tweaks the income distribution, not the wealth distribution.

4) which regulations are you talking about, that you think favor one industry over another? If I own the power company, I get to decide what energy source it should use. If the government makes regulations on coal so burdensome, I will use something else. I would still have 5 or 10 other choices. But if the government actually takes over the power company, they will choose what energy source is used.  Obama did not take control of private enterprises. He took some choices away from them, and maybe that wasn't always a good idea, but private industry still had many more choices left.

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