To date, presidential nominee Joe Biden has released almost 50 policy plans on his website. Some go into great detail while others are light on substance and heavy on rhetoric. Some are especially noteworthy and relevant while others are mere platitudes.
Yet, after combing through Biden’s dozens of plans that he would pursue should he win the upcoming election, here is a list of what I consider to be his five most destructive policy proposals.
In all frankness, my methodology is not grounded in scores of economic models, but relies on something most Americans don’t take for granted: commonsense.
Now, without further ado, here are Joe Biden’s five worst policy proposals.
This would include, but is by no means limited to, “Provide clear, consistent, evidence-based national guidance for how communities should navigate the pandemic.” And, “Implement mask mandates nationwide.”
In short, a national policy concerning how tens of thousands of communities should navigate the pandemic is a farce. The United States is an extremely diverse nation. Some communities are rural, others are urban. Some are heavily populated with Americans extremely susceptible to coronavirus, others are not.
In other words, a one-size-fits-all national response is a lazy and unwise strategy. And mandating that every American wear a mask is not only unconstitutional, but also hopelessly misguided, and not backed by science.
This is one of Joe’s biggest and most ambitious plans. It covers a wide range of policies, but here is the gist of it. Undo the Trump tax cuts, raise the federal minimum wage to $15 per hour, “invest” in green infrastructure and renewable energy, etc.
Biden’s Build Back Better plan would increase taxes during the worst possible time, stifling any chance of a robust economic recovery. It would crush small businesses and job growth by implementing a $15 minimum wage. And it would invite all sorts of crony capitalism to the table with government hand-outs to the renewable energy industry.
Under Biden’s health care plan, the federal government would enact, “a public health insurance option like Medicare.” And, “Biden will help middle class families by eliminating the 400% income cap on tax credit eligibility and lowering the limit on the cost of coverage from 9.86% of income to 8.5%.”
So, in short, Biden would lead the nation further down the road to socialized health care by implementing a public option and increasing subsidies for those on Obamacare. Doubling-down on failed policies is a bad idea.
Here is the crux of this plan. “Biden believes the Green New Deal is a crucial framework for meeting the climate challenges we face.” And, it would, “Ensure the U.S. achieves a 100% clean energy economy and reaches net-zero emissions no later than 2050.
The Green New Deal is a crucial framework for implementing socialism in America. Although Biden does not plan on enacting it in full, his embrace of it as a crucial framework should send shivers down the spine of every freedom-loving American. And Biden’s pipe dream plan to ensure America is a net-zero emissions producer by 20250 would destroy the American economy.
Just when we thought his climate plans could not get any worse, Biden proves us all wrong. This monstrosity of a plan would, “Create 1 million new jobs in the American auto industry, domestic auto supply chains, and auto infrastructure, from parts to materials to electric vehicle charging stations.” And, “Provide every American city with 100,000 or more residents with high-quality, zero-emissions public transportation options.” And, “Move ambitiously to generate clean, American-made electricity to achieve a carbon pollution-free power sector by 2035.” And still, “Upgrade 4 million buildings and weatherize 2 million homes over 4 years.” And last but not least, “Spur the construction of 1.5 million sustainable homes and housing units.”
This plan, in effect, would doom the American economy by turning our thriving industrial sector into a shell of its former self. It would also pour untold amounts of subsidies into renewable energy sources that are not even close to being viable. This plan, coupled with Biden’s long list of Green New Deal-esque policies would be the final nail in the coffin for the future of the American economy.
To make a long story short, Joe Biden is very fond of grandiose plans. However, history has shown that centralized planning, which Joe Biden is promoting en masse, does not work well. If they did, the Soviet Union would be still be around, given their penchant for five year plans.
On the other hand, when it comes to government plans, less is more. Yet, this is something that Joe Biden has yet to learn after spending more than 47 years as a politician. Biden has lived most of his adult life far away from the realities that those of us who are not in the political bubble understand, and that is this: big government plans are almost always big bad ideas with all sorts of unintended consequences.
Chris Talgo (ctal[email protected]) is an editor at The Heartland Institute.