She Has a Plan for That – So What?
Thanks in part to the Trump/Biden/Ukraine controversy and a poor debate performance from Kamala Harris, progressive candidate Elizabeth Warren has managed to reach first place in two national polls.
Elizabeth Warren is a longtime senator who enjoys considerable influence despite having accomplished virtually nothing. Her detailed policy proposals make her stand out from the crowd, but her congressional resume lacks proof that she can actually implement one of her grand plans.
Warren face considerable obstacles, primarily related to her far left “plans” that are of concern to the more moderate element of the party. CNBC has reported said that traditional Democrat supporters on Wall Street are pulling back because of Warrens criticisms of the banking system and large corporations.
In short, the moderate left is scared of her. And rightfully so.
Just a quick tour of her ‘Plans’:
Like her pal Bernie Sanders, Warren supports a $15 federal minimum wage, free tuition, and Medicare for all.
If elected, Warren has promised to break up big businesses, ban foreign lobbying, and eliminate private prisons. She also wants to get rid of the Electoral College, impose limits on campaign spending, return voting rights to released felons, and require paper ballots for national elections.
Like most Democrats, Warren wants to ban assault weapons but legalize abortion and recreational marijuana. She thinks we should abolish the idea of “illegal immigration” and let everyone in. To save the environment, she wants to ban fracking, impose government regulations for carbon emissions, and pay farmers to adopt sustainable methods.
Warren is a longtime critic of big banks who wants to use a wealth tax to create a free childcare system for poor families, cancel some student debt, and expand Social Security.
This summer, she released a proposal that would make private equity firms responsible for the debts and pensions connected to companies they buy.
“I’m fighting for an economy and a government that works for all of us, not just the wealthy and well-connected,” she tweeted in response to a CNN report claiming that Democratic donors on Wall Street would support Trump over Warren. “I’m not afraid of anonymous quotes, and wealthy donors don’t get to buy this process. I won’t back down from fighting for the big, structural change we need.”
Warren opposes big money donors and has promised not to accept money from special interest groups. Her campaign raised $19 million in Q2 (mostly through small donors).
The Trump 2020 campaign raised over $100 million during the same time period.