Home
/
RELIGION & LIBERTY ONLINE
/
Fact check: 5 facts about the fourth Democratic debate of 2019
Fact check: 5 facts about the fourth Democratic debate of 2019
Jan 12, 2025 3:14 AM

The largest number of candidates to date filled the stage at Otterbein University in Westerville, Ohio, for the fourth Democratic presidential debate last night. They offered a number of statements and assessments that bear further scrutiny.

1. Which will benefit workers more: A Universal Basic e or $15 minimum wage?

Senator Cory Booker: Ihope that my friend, Andrew Yang, e out for this – doing more for workers than UBI [Universal Basic e] would actually be just raising the minimum wage to $15 an hour. It would put more money in people’s pockets than giving them $1,000 a month.

The Congressional Budget Office’sanalysisfound that the raising the minimum wage to $15 an hour would give impoverished Americans who keep their jobs an extra $600 a year. It would also cost the wealthiest Americans $700 a year. The “Raise the Wage” Act would also cost an estimated 1.3 to 3.7 million American jobs, reducing those workers’ e to zero, the CBO found.

However, it’s not clear that a UBI does “more for workers.” An experiment in Finland concluded that a UBI failed to stimulate employment among those who received a check.

2. Trade destroyed more U.S. jobs than automation

Sen. Elizabeth Warren: The data show that we’ve had a lot of problems with losing jobs, but the principal reason has been bad trade policy. The principal reason has been a bunch of corporations, giant multinational corporations who’ve been calling the shots on trade.

Warren had previously written that blaming automation for U.S. job losses is “a good story, except it’s not really true.”

Automation accounts for almost 88 percent of all manufacturing job losses between 2000 and 2010, according to a report from Ball State University. The remaining 13 percent of job losses came from trade.

3. Will Bernie Sanders create 35 million new jobs?

Sen. Bernie Sanders: We could put 15 million people to work rebuilding our roads, our bridges, our water systems, our wastewater plants, airports, et cetera. Furthermore — and I hope we will discuss it at length tonight — this planet faces the greatest threat in its history from climate change. And the Green New Deal that I have advocated will create up to 20 million jobs as we move away from fossil fuel to energy efficiency and sustainable energy.

The Green New Deal would have a net negative impact on U.S. jobs.

The 20 million “new” jobs produced e at the price of private sector jobs. Nicholas Loris of the Heritage Foundation explained the Green New Deal’s impact on employment best:

Granted, a massive tax-and-spend program will “create” jobs by building wind turbines, installing solar panels and building electric vehicles. Yet government spending does not actually create jobs; it merely shifts resources to politically connected sectors of the economy and away from more productive uses. Overall, the number of jobs destroyed would far outweigh any subsidized jobs created.

Sanders’ estimate does not include jobs directly destroyed by the Green New Deal. The GND would end all air travel and shutter the fossil fuel industry. Estimated job losses vary. “Most if not all of the $1.5 trillion in annual U.S. economic activity directly or indirectly attributable to the airline industry would disappear,” writes Dan Reed at Forbes. “Airlines For America, the airline industry’s lobby group claims that U.S. airlines are directly or indirectly responsible for more than 10 million jobs.” Similarly, Wayne Wingarden of the Pacific Research Institute writes, “Oil and gas firms support over 10 million jobs across the country — the Green New Deal would eliminate nearly all these positions.” The Chamber of Commerce estimates that eliminating fracking alone would cost 14.8 million jobs.

Nor does Sanders’ estimate take into account jobs destroyed through the proposal’s inordinate cost. The Green New Deal would cost $93 trillion over 10 years, according to the American Action Forum. The GND would demand 35 percent of GDP, in addition to existing federal spending, which demands another 20 percent of GDP. Together with state and local government spending, government already consumes more than 35 percent of GDP.

A Green New Deal would in which the government demands 70 cents of every dollar produced in the United States cannot help but negatively impact investment and private-sector growth.

4. Bernie Sanders more than doubled the number of homeless on U.S. streets.

Sen. Bernie Sanders: You have a half-a-million Americans sleeping out on the street today.

Sen. Sanders well overstated the number of people living on the street. While the U.S. Department of Housing and Urban Development (HUD)’s single-night survey found that 552,830 people could be “counted as homeless in the United States” in January 2019, only “194,467 (35 percent) were unsheltered” – or living on the streets. The remaining 358,363 (65 percent) “were sheltered” in temporary housing. (For more facts on homelessness in America, see this article.)

5. The president shouldn’t choose big corporations to break up.

Beto O’Rourke: [W]e will be unafraid to break up big businesses if we have to do that, but I don’t think it is the role of a president or a candidate for the presidency to specifically call out panies will be broken up. That’s something that Donald Trump has done, in part because he sees enemies in the press and wants to diminish their power. It’s not something that we should do.

True.The Constitution – in Article I, Section 9, paragraph 3 – prohibits the government from passing a Bill of Attainder, which would declare someone guilty of breaking a law without a trial. Then again, “Antitrust doctrine is not embodied in constitutional text,” as Alden Abbott, who now serves as general counsel of the Federal Trade Commission (FTC), has written.

Related:

Fact check: 5 facts about the third Democratic debate of 2019.

This photo has been cropped. CC BY 2.0.)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Every man is the architect of his own fortune
Boys’ Latin students hard at work. Black and Latino young men from munities show statistically low high school graduation and attendance rates. One group of young men, however, is proving that that academic underperformance doesn’t have to be the norm. These e from a poor black neighborhood, but they’ve been taught a special skills most American students lack: learning the Latin language. They’re students at Boys’ Latin of Philadelphia Charter School where they’re required to study a language many would...
What caused the Great Depression?
Almost 90 years have passed since the beginning of the Great Depression and yet most of us are still unclear on what caused America’s greatest economic collapse. The causes and precursors plex, of course, but there are a few factors that we should know about. In this brief video, economist Alex Tabbarok provides one of the best overviews of what exactly occurred during this troubling period in economic history. (If you find the pace of the videos too slow, I’d...
Winners of 2017 Mini-Grants on free market economics
The Acton Institute Mini-Grants on Free Market Economics program accepts proposals from faculty members at colleges, seminaries, and universities in the United States and Canada in order to promote the scholarship and teaching of market economics. This program allows for collaboration between faculty from different universities, as well as help future leaders to emerge, strengthen, and expand the existing network of scholars within economics. Entrants may submit proposals in two broad categories: course development and faculty scholarship. Here is plete...
Bad economic policies create moral problems
In Europe, the answer to one bad economic policy seems to be another bad economic policy. However, if such failures intersect in the right way, the problem goes from being a fiscal to a moral problem. Take the issue of“eurobonds,”a concept wholeheartedly supported by newly elected French President Emmanuel Macron. Think of eurobondsas the redistribution of debt. The mechanism essentiallypools the collective debt of itsremaining 27 members at the EU level. Eurobondswould allow nations like Greece to borrow more money...
Economic freedom eases poverty
“The poor will always be with us, but such a sobering reality does not free us from an obligation to work to alleviate the ravages of poverty,” says Trey Dimsdale. “On the contrary, Jesus’ statement only serves to remind us that every generation will face the question of how best to fulfill our holy obligations to them.” It is clear that many in the present generation have taken notice of the plight of the poor and are moved by passion...
Unemployment as economic-spiritual indicator — May 2017 report
Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and munities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need...
Audio: The Populist push against globalization
KangZeLiu, Globalization, CC BY-SA 4.0 Acton’s Director of Research, Samuel Gregg recently spoke on the Library of Law and Liberty’s podcast Liberty Law Talk to answer the question, “Is globalization in retreat?” You can listen to the discussion here. For more from Acton on globalization, see other PowerBlog posts. ...
15 Biblical foundations of environmental stewardship
Today is World Environment Day, the United Nations’ “most important day for encouraging worldwide awareness and action for the protection of our environment.” Though we may disagree on policy solutions, we here at the Acton Institute share the UN’s concern for the environment. In 2007 we published Environmental Stewardship in the Judeo-Christian Tradition as our primary source for religious thought on environmental stewardship. The following piled by Elise Hilton, gathers information from “A Biblical Perspective on Environmental Stewardship,” an essay...
EU funds ‘the largest source of corruption in Central and Eastern Europe’
A significant fact lies buried inside MEP Richard Sulik’s report on how subsidiarity could save the European Union: EU programs are reinforcing the very Communist-era behaviors they are intended to eradicate. Taxpayer-funded grants from the European Union are fueling cronyism and corruption, especially in its newest and most vulnerable member states. EU funds inflict the worst corrupting of the political process in former Communist countries, Sulik, an MEP from Slovakia, writes: Despite the good intention, European funds have e the...
6 Quotes: Peter Augustine Lawler on virtue
Peter Augustine Lawler died last week at the age of 65. Lawler, who referred to himself as a “postmodern conservative”, was a distinguished political philosopher and public intellectual who frequently wrote about the role of virtue in the modern (or postmodern) world. In honor of his passing, here are six quotes by Lawler on virtue: On virtue and knowing: “Virtue is the action that flows from knowing: 1. Who we are. 2. What we’re supposed to do. Doing, as Aristotle...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved