Democrat National Committee Chair Tom Perez is a good liberal.
He knows what to say to pander to the masses. He also knows what to say to keep liberals confused enough to keep voting Democrats into office.
From Washington Times:
Democratic National Committee chairman Tom Perez says that what Republicans call “socialism” actually makes “capitalism work for everyone.”
“You know Brett, socialism is the oldest trick in the book,” Mr. Perez said. “You’re a very good student of history. When Social Security was debated, when Medicare was debated, when the minimum wage was debated, Republican opponents of all of those three critical elements of our social compact said this is socialism. What Social Security and Medicare and the minimum wage have done is make capitalism work for everyone. And so, this is the oldest attack line in the book. Voters are smart. When you have coverage for people with a preexisting condition, I’d hardly call that socialism. I’d call that sound health policy and sound economic policy.”
“The big difference between Republicans and Democrats on the economy is that Democrats believe that the economy should work for everyone — not just a few at the top. Republicans don’t,” Mr. Perez replied. “Democrats have passed, in the House, an increase in the minimum wage. Donald Trump said seven and a quarter [dollars] is enough to feed your family. … If you want fiscal responsibility in this country — go back 20, 30 years — elect Democrats. [The] stock market does better. The deficit goes down. George Herbert Walker Bush handed Bill Clinton, you know, a deficit as long as the eye can see. Bill Clinton handed George W. Bush surpluses.”
You can’t spend more money than you take in. Well, you can but it won’t end well in most cases.
Enter the Democrat National Committee, which continues to teach Americans how to waste money…
Bloomberg reports that the Democratic National Committee’s financial woes continue as Chairman Tom Perez and his colleagues continue to spend more than they take in. In fact, the DNC has already added $3 million in new debt in just the past four months. The Republican National Committee, however, is raking in boatloads of cash ahead of the 2020 election which will surely give President Donald J. Trump a leg up on whomever he ends up running against.
In 2019 already, the “DNC had collected contributions of more than $24.4 million but had spent $28.4 million, according to the latest disclosures. It had $7.6 million cash on hand, $1 million less than in January. It posted $6.2 million in debt, including bank loans and unpaid invoices to vendors,” according to Bloomberg.
But, the RNC has $34.7 million on hand with no debt at all. Plus, the GOP has raised $63 million this year.