Democrats have a huge Bernie Sanders problem on their hands that’s destroying the party.
Nancy Pelosi got a huge ultimatum on him that she can’t afford to ignore.
Nancy Pelosi shot down a critical demand that’s going to cost Democrats big.
The Democrats could be concerned about Bernie Sanders being their nominee.
It is common for Democrats to call for more government spending as a method to gain voters.
But Bernie Sanders isn’t talking about adding on a few social programs to the federal government.
Bernie Sanders is talking about tripling the size of the federal government at the very least.
His plans would cause millions of people to lose their jobs in the private sector and have them go over and take Bernie Sanders’ guaranteed government jobs.
This means millions of people would be moved from doing useful, productive work that adds to the economy, to busy work in the federal government.
This would devastate the American economy.
And Bernie Sanders also wants to make sure that billionaires leave America by taxing their wealth.
Wealth taxes don’t work. Other countries have tried them and they don’t bring in the promised revenue and they drive wealthy people to leave.
Big Democrat donors want to make sure that Bernie Sanders isn’t the nominee and they would like Nancy Pelosi and Chuck Schumer to help them stop Bernie Sanders from walking away with the nomination.
But the Democrats’ leadership isn’t willing to be so helpful. They’d rather sit back and watch what happens even if it means losing valuable allies.
According to The Daily Wire:
Democratic mega-donors are starting to worry about a Sen. Bernie Sanders (I-VT) nomination and are calling on party leaders, Sen. Chuck Schumer (D-NY) and Speaker of the House Nancy Pelosi (D-CA) to make critical endorsements against Sanders in an effort to curtail the Vermont socialist’s rise.
CNBC reported Thursday that Bernard Schwartz, who has given and bundled millions for Democratic candidates over the last several decades, has reached out personally to Schumer and Pelosi to beg them to press a more moderate candidate, “in the hope that voters will follow their lead and end up denying Sanders the party’s presidential nomination.”
They haven’t picked up the phone.
“We should know who is the best person to beat Donald Trump, and with all due respect, Bernie Sanders cannot beat Trump,” Schwartz told the financial news outlet.
Bernie Sanders may seem like a threat only to the ultra rich but that’s not the case.
Income tax went from 7% for the highest bracket earners to 90% in less than 20 years.
Bernie Sanders can’t fund his programs just with money from the wealthy. He’ll have to take from the middle-class as well.
Governments shouldn’t steal from the rich to give to the poor.
It takes self-sacrifice to build up wealth instead of saving money.
And people building up wealth means that there’s money to pour into business, money saved for emergencies, money so that people can retire.
Bernie Sanders is putting all of that in jeopardy which is why Americans have to say “enough” to his socialist experiments and put them to an end even if Nancy Pelosi won’t.