President Trump didn’t mince words during a fiery campaign stop in Louisiana Wednesday night; saying a Democrat victory in the 2020 election would lead to a “depression the likes of which you’ve never seen before.”
“Make no mistake, if the Democrats get back in you will have a depression the likes of which you’ve never seen before,” he told the packed arena.
President Trump: "Make no mistake, if the Democrats get back in you will have a depression the likes of which you've never seen before." pic.twitter.com/TXpX8S81XY
— The Hill (@thehill) November 7, 2019
The President’s comments come just hours after presidential hopeful Elizabeth Warren and Congresswoman Ocasio-Cortez publicly mocked wealthy Americans on social media.
“The fact that they’ve reacted so strongly—so angrily!—to being asked to chip in more tells you all you need to know. The system is working great for the wealthy and well-connected, and Jamie Dimon doesn’t want that to change. I’m going to fight to make sure it works for everyone,” posted Warren on social media, referring to Dimon’s claim that Warren’s rhetoric vilified successful Americans.
The fact that they've reacted so strongly—so angrily!—to being asked to chip in more tells you all you need to know. The system is working great for the wealthy and well-connected, and Jamie Dimon doesn't want that to change. I'm going to fight to make sure it works for everyone.
— Elizabeth Warren (@ewarren) November 5, 2019
“Y’all, the billionaires are asking for a safe space – you know, in addition to the entire US economy and political lobbying industry,” added Rep. Ocasio-Cortez.
Y’all, the billionaires are asking for a safe space – you know, in addition to the entire US economy and political lobbying industry. https://t.co/oJR8SZz9gJ
— Alexandria Ocasio-Cortez (@AOC) November 6, 2019
Warren escalated her attack on billionaires this week; saying successful and wealthy Americans will fully fund her $52 trillion ‘Medicare for All’ plan.
BAN BILLIONAIRES! AOC Says ‘No Person Should Have a Billion Dollars’ in the United States
Controversial Congresswoman Alexandria Ocasio-Cortez slammed wealthy Americans on social media this week; saying “no person should have a billion dollars” in the United States of America.
“‘Billionaires should not exist’ does not mean certain people should not exist. It means no person should have a billion dollars. The ascent of billionaires is a symptom & outcome of an immoral system that tells people affordable insulin is impossible but exploitation is fine,” posted AOC on Twitter.
“Billionaires should not exist” does not mean certain people should not exist.
It means no person should have a billion dollars.
The ascent of billionaires is a symptom & outcome of an immoral system that tells people affordable insulin is impossible but exploitation is fine. https://t.co/fjxKOGIdc2
— Alexandria Ocasio-Cortez (@AOC) October 2, 2019
Sen. Bernie Sanders made similar statements last month.
“Billionaires should not exist,” he stated on social media. “There should be no billionaires. We are going to tax their extreme wealth and invest in working people.”
Billionaires should not exist. https://t.co/hgR6CeFvLa
— Bernie Sanders (@BernieSanders) September 24, 2019
There should be no billionaires. We are going to tax their extreme wealth and invest in working people. Read the plan: https://t.co/RJDLvX5H4c
— Bernie Sanders (@BernieSanders) September 24, 2019
“In order to reduce the outrageous level of inequality that exists in America today and to rebuild the disappearing middle class, the time has come for the United States to establish an annual tax on the extreme wealth of the top 0.1 percent of U.S. households,” Sanders writes. “This wealth tax would only apply to net worth of over $32 million and would raise an estimated $4.35 trillion over the next decade. Anyone who has a net worth of less than $32 million would not see their taxes go up at all under this plan.”
“The tax rate would increase to 2 percent on net worth from $50 to $250 million, 3 percent from $250 to $500 million, 4 percent from $500 million to $1 billion, 5 percent from $1 to $2.5 billion, 6 percent from $2.5 to $5 billion, 7 percent from $5 to $10 billion, and 8 percent on wealth over $10 billion. These brackets are halved for singles,” adds Bernie.
CLASS WARFARE! Elizabeth Warren Continues Attacks on ‘Billionaires,’ Calls for ‘Universal Childcare’
Firebrand Senator and potential 2020 Democratic candidate Elizabeth Warren continued her all-out assault on the nation’s wealthiest citizens Monday; calling for a “universal childcare” program and a “Green New Deal” throughout the United States.
“Billionaires like this guy make me wonder what our country needs more of: ranches with golf courses designed by PGA players & fireplaces ‘imported from European castles’ – or universal childcare & a Green New Deal?” asked Warren on Twitter.
Billionaires like this guy make me wonder what our country needs more of: ranches with golf courses designed by PGA players & fireplaces “imported from European castles” – or universal childcare & a Green New Deal? #UltraMillionaireTax https://t.co/w4rm9gRlRv
— Elizabeth Warren (@ewarren) January 28, 2019
Warren made national headlines late last week when she unveiled her ‘Ultra Millionaire Tax’ that would impose a stiff tax rate on Americans with more than $50 million in assets; saying the revenue would go towards left-leaning programs across the country.
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