Doug Schoen’s op-ed is a valiant attempt to prevent a major political trainwreck. That isn’t likely since Schoen admits that studying the New Hampshire Primary “results reveals a Democratic Party at war with itself.” It isn’t a stretch to say that uniting the Democratic Party is difficult. Later in his op-ed, Schoen talks about Bernie as a socialist, which he is, and the moderates running. It’s insulting to hear Democrats talking about moderates as Democrat presidential candidates.

Schoen’s boss, Michael Bloomberg, is running as a moderate. That’s BS on steroids. With all the attention paid to Bloomberg’s racist statements this week, it isn’t surprising that few people know that Bloomberg wants to blow up the economy.

This article, published by Bloomberg’s newspaper, highlights the fact that a Bloomberg administration would feature a $5,000,000,000,000 tax hike. According to the article, “Michael Bloomberg said Saturday he would raise taxes on the wealthy, increase the corporate tax rate, and curb tax-free inheritances of large estates, elements of a tax plan that he says would raise $5 trillion over a decade.”

Then there’s this:

Bloomberg’s plan serves to show how he’d pay for an array of proposed new spending initiatives, which so far top $3 trillion. But his campaign cautioned that the tax plan could still change as the former New York mayor rolls out even more policy plans in the near future.

TRANSLATION: Bloomberg’s tax hike might go higher if he tries buying more votes.

Later, Schoen wrote this:

Moreover, Bloomberg is working to do exactly what the Democratic Party needs to do, working to unite African American voters, Hispanic voters, White voters, progressives, moderates and voters with varying degrees of education, so that the Democratic movement against Trump spans wider than the party’s base.

What Schoen doesn’t admit is that President Trump has cut into huge parts of the Democrats’ base. By signing the First Step Act and by highlighting school choice, opportunity scholarships and Opportunity Zones, President Trump is cutting into the Democrats’ base of minority voters. Democrats aren’t proactively reaching out to minority communities. Instead, Democrats are taking these communities for granted.

The dirty little secret is that President Trump is uniting minority communities through prosperity opportunities. Mike Bloomberg’s $5,000,000,000,000 tax hike would kill those prosperity opportunities. Further, this segment, on CNN of all places, isn’t uniting Democrats:

Bloomberg’s long-held position on stop-and-frisk won’t unite Democrats. His #MeToo problems won’t unite Democrats, either. Bloomberg’s $5,000,000,000,000 tax hike will unite independents and Republicans. At this point, the economy is uniting people around President Trump. This is hilarious:

To counteract Trump’s relative strengths, it is critical that the Democratic Party coalesces around a cohesive, inclusive, pro-growth message centered on jobs, the economy, health care and advancing equality of opportunity, while also highlighting President Trump’s own policy failures in these areas.

What a joke. Most of the Democrats’ presidential candidates are socialists or a step removed from being socialists. There’s no such thing as pro-growth socialist economic policies.

I almost feel sorry for Schoen. That’s because he’s caught betwixt and between defending Bloomberg’s anti-capitalist tax policies, Bloomberg’s government-knows-best nanny state policies and Bloomberg’s gun control policies.

2 Responses to “Bloomberg’s economic policies would kill Trump’s economy”

  • eric z says:

    Bloomberg has a wallet. No policy really. Only a wallet. Where do you see any real “policy” from that camp?

  • Gary Gross says:

    He wants to raise taxes by $5,000,000,000,000. That’s a policy. It’s counterproductive but it’s a policy. Bloomberg thinks that throwing kids against the wall will fix crime. That’s policy. It isn’t the brightest policy but it’s policy. Just because you don’t like Bloomberg’s policies doesn’t mean he doesn’t have any policies.

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