The Boston Herald formally endorsed President Trump for reelection one week from Election Day, describing Joe Biden’s (D) platform as “a risky love letter to social justice warriors and those who believe capitalism is the root of all evil.”
In a Tuesday endorsement penned by the editorial staff, the Herald recognized that the left’s devotion has been, solely, to remove Trump from office — an objective it has held since 2016. While Biden “allegedly offers a return to ‘normalcy,’” the Herald asked, “But, what’s normal in 2020?”
“Biden’s platform is a risky love letter to social justice warriors and those who believe capitalism is the root of all evil,” the Herald wrote, citing Biden’s plans to increase the corporate tax rate and a corresponding economic study “which concluded that corporate tax hikes lead to a substantial decrease in wages and spending, and spurred businesses to move out of the country.”
The Herald raised concerns regarding Biden’s big government plans — which include universal pre-k, free community colleges, and climate-related initiatives — as well as the former vice president’s pledge to create one million jobs in the auto industry:
But a look at data released by the Congressional Budget Office analyzing 2017 household income shows that the top 20% of households already pay 87.1% of federal income taxes and 69.2 % of all federal taxes; and the top 1% of households pay an average income tax rate of 24.4% while the middle 20% of households pays an average income tax rate of 3.3%.
Biden has also pledged to create “one million new, well paying jobs in the American automobile industry” — a neat trick following massive job cuts in recent years by auto manufacturers. Part of the reason for those cuts can be traced to a decline in global light vehicle sales, fueled by drops in demand in China and India. As the global economy has taken a wallop due to the coronavirus pandemic, one wonders how demand will shoot up to the point that job cuts can be reversed, and jobs added.
However, most “disconcerting,” the paper said, is Biden’s seeming embrace of radical left ideas.
Read the rest at: Boston Paper
