A Critique of Young Progressives | WillingToTalk™

A Critique of Young Progressives | WillingToTalk™

on a Friday in July Speaker of the House
Nancy Pelosi came to Indianapolis her time in town was eye-opening revealing
how liberals and conservatives go about business in much the same way her first
event was part of her speaker in the House series and the second was to speak
at a young democrats of america convention or yda Pelosi is traveling
the nation in an attempt to fortify the Democratic base for the 2020 elections
at the first event Pelosi spoke in a town hall-style setting alongside
representative Andre Carson they answered a few questions from the
audience and touted their $15 an hour bill
recently passed in the house when she spoke to yda it was more of a rally the
young Dems were loud elated and chanting Nancy over and over they vigorously applauded her every line
from fighting for the middle class to fighting to protect elections from
foreign intervention Nancy must have been happy with all the cheering because
after all it’s her job to get the people riled up to vote liberal she has the
power of the purse and she also has the power of the vote and for her to take
the time to come to Indiana to speak to the Young Democrats convention to do a
town hall here I think it shows that they understand that Indiana is a
critical state in the 2020 election we got a chance to speak to some of these
people we can tell that there is a lot of excitement and hope for 2020 there’s
a special excitement for Elizabeth Warren her name came up with everyone we
spoke to at yda politically or like policy-wise I like Elizabeth Warren
Elizabeth Warren I like with Elizabeth Warren while the excitement is real the
under steaming of complexity of politics seemed to be lacking this was made clear
at the yda convention this is where we came to understand that liberals can be
just as bad as conservatives when it comes to bolstering their ideas the
Nancy chanson pledge allegiance aside let’s take a look at some examples in the June Democratic debates Bernie
Sanders was asked whether an expansion of Medicare would mean higher taxes for
the middle class and if so how do you sell that to voters after significant
prodding the candidate eventually agreed to this premise with a few
qualifications of course so we put it to progressives whether they would be open
to higher taxes on the middle class what we found was that rather than conceding
that a slightly higher income tax may be necessary to offset lowered health care
they think the money should come from somewhere else entirely so I have to
kind of disagree with that entire notion honestly I think we spend so much money
so much unnecessary money on our military and on building these unneeded
giant planes yes the US military spends a lot of money
and we should better allocate those resources but simply saying that is not
an exact solution it’s merely shifting the focus he’s answering the question
with a new question a classic case of what about ISM but since we were talking
about military spending it’s true that a number of young progressives feel that a
smaller portion of their tax dollars should go to defense spending but they
also fail to understand that a cut to military spending would have major
repercussions that would be frightening to many Americans cutting the military’s
budget has huge implications what does it mean for benefits to servicemembers
and their families we would love to cut costs but what would a smaller military
mean for our presence in the world most of our foreign troops aren’t even
engaged in an act of war it may be reasonable to want to reduce military
expenditure but let’s not think moving billions of dollars from defense to
another Department won’t have major ramifications for the country and the
world another way progressives would like to
obtain funding for social programs is through the increased regulation and
taxation of so-called big banks the middle classes suffer long enough and I
think it’s time for the top 1% especially people like big banks I think
it’s time for them to pay their due this idea is popular among young liberals
because they see the big banks as the root cause for the 2008 recession the
worst financial crisis since the Great Depression and yet as the financial
institutions were bailed out and allowed to continue profiting even as
working-class Americans continue to suffer from the impacts of the recession
however popular the idea may be liberals seemed disinclined to discuss the
particular measures that should be taken there are a wide variety of ways to
regulate big banks from limiting the amount of risk they are allowed to take
on to taxing them based on riskiness of their investments and even deciding on
one of those regulatory solutions doesn’t help us determine what we should
consider big banks it’s probably too much to expect liberals be completely
aligned not only on what they want to get done but also how to go about it
even so if liberals spent less time talking about whether big banks should
be broken up or not and more time debating solutions for how these banks
should be regulated the moderate tone of the solutions would be more likely to
attract left-leaning centrists as well as independents and conservatives even
who agree that something must be done to avoid another catastrophic recession in
the near future the house legislation the passed in late
July plans to increase the minimum wage from the current $7.25 to $15 an hour over
the next six years progressive voters are such fans of the measure that the
$15 an hour minimum wage has become part of the Democratic Party platform though
enthusiastic these voters also appear to have little understanding for the
specific economic repercussions of such a plan so if an economist was to say hey
look it’s a good idea but not right now I’m all for that for not pushing it to
15 but if an economist is say hey look we should be pushing this I’m all for it
absolutely a higher wage in part makes sense because the minimum wage has been
stuck at 725 an hour since 2009 while inflation has kept at about 2% annually
with this in mind it’s sensible to demand a living wage but let’s see what
that means by comparing two states with very different cost of living California
and Indiana compared to the average power of the dollar across the u.s. in
California the power of a dollar is about 88 cents this of course is due to
the higher cost of living where is an Indiana where the cost of living is
relatively lower a dollar is worth a dollar and 10 cents then there’s the
matter of scaling the pay according to Axios in elf central california nursing
assistants make roughly $15 an hour a federal increase would mean they would
make as much as low skilled workers like fast-food employees yes fast-food
employees deserve a livable wage but nursing assistants need to also be
properly compensated for larger investment they have had to make towards
their education which usually entails a greater amount of student loan debt
their wages need to be higher or proportional to the investment in time
and money they have put into their professions returning to Indiana one of
the only employers providing $15 an hour minimum wage is that to adapt to the
increased cost of labor when Amazon raised its minimum wage to 15 an hour
they had to adjust salaries for senior workers who were
already making that much so they bump their hourly wages by a dollar
however workers have complained that Amazon has stopped issuing as many
bonuses and stock options and has even cut back on hours resulting in an
overall loss of income one reason that Amazon can afford to cut
back on hours is due to the rapid pace of advancements in automation a blanket
at fifteen an hour just might accelerate this advancement in order to offset the
higher cost of low skilled workers companies will have to decide between
paying more for the same amount of labor or cutting labor cost in favor of more
research into automated solutions Pelosi coming to town was eye-opening as
we got the opportunity to see how liberals can sometimes fail to
understand the nuances of their ideas whether it’s decreasing military
spending increasing regulatory pressure on big banks or raising the income of
low-skilled workers it seems liberals want to fundamentally
change how the US economy works so as to remove some income disparity and raise
up the middle class but they don’t seem all that concern with how radical their
message sounds to conservatives and those who fall somewhere in the middle
of the political spectrum they push radical and expensive ideas without
necessarily reflecting on the negative externalities those would cause

One thought on “A Critique of Young Progressives | WillingToTalk™

  1. Speaking as a progressive, I have a few pretty simple responses. Bernie in the debates has said taxes will go up by a small amount with his Medicare for All bill but overall costs for middle class families will go down by thousands due to the elimination of deductibles. The details are on his website, plain for all to see. Warren's plan isn't much different. Secondly, military cuts would absolutely not come at the cost of vets. Unlike any other candidate, Bernie actually wants to fund the VA and suicide prevention programs! Cuts to military will only affect contracts in the billions range for weapons, aircraft, and tanks, which we have plenty of already. Concerning the $15 minimum wage, you exposed the greed inherent in capitalism, making the progressive case for your viewers that no one is being fairly compensated for their work. There is no contradiction between paying people fairly and still being profitable, yet giant corporations like Amazon would rather cut corners on hours and worker satisfaction than settle for less profit. All this demonstrates is that the minimum wage cannot be the working class' only concern. We need to unionize!

    Overall, not sure why you're going after young progressives specifically when adults have the answers you seek. Nice job on editing and narration though. Keep it up! I do find the centrist point of view interesting, as far as it can be clearly defined.

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