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Speaking of Elizabeth Warren...

Speaking of Elizabeth Warren...

While we're on the subject of Massachusetts Senate candidate Elizabeth Warren...

Did y'all catch her latest ad, where she insists America should be more like Communist China?

WATCH:

China is Warren's dream -- a place where 50%of the total population works for the government.  But you  have to give them some credit: Not even Communist China taxes their businesses as much as America.

Conservative author Ira Stoll picks apart Warren's (and Barack Obama's) flawed philosophy in his latest column (emphasis mine):

The first problem is mathematical. U.S. gross domestic product is about $15 trillion a year. Increasing infrastructure “investment” to the 9% Chinese level that Ms. Warren cites would mean an additional $1 trillion a year in government spending. That’s an immense spending increase. To put it in context, the entire federal government spent about $3.6 trillion in 2011, on revenues of about $2.3 trillion. ...

China is able to spend so much on infrastructure because it’s an un-free country. It lacks the rule of law that lets American community groups wage legal and political battles against big government projects. Ms. Warren may protest that when she’s talking about “infrastructure” she mainly means maintaining existing roads and bridges, not building brand new projects that flatten urban neighborhoods or destroy scenic rivers. But that’s not what’s happening in China. ...

...I’m glad to live in America rather than Communist China. Here in America, at least, the people may not get to elect the law professors, but we sure do get to vote on the president and senators.

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