Big govt, Economy & Investments, Politics

O’Rourke Calls America’s Economy “Racist”

America is so racist that Beto thinks babies need a bailout. During a meet-and-greet in Iowa, 2020 contender Beto O’Rourke disputed claims that he’s a socialist, saying, “I consider myself a capitalist,” but then he went on to say that America’s capitalist economy is “racist.” Beto also acknowledged that “government intervention or policy alone” isn’t enough to address America’s “historic challenges” and what is “clearly an imperfect, unfair, unjust, and racist capitalist economy.” One solution he put forth appears to be borrowed from fellow Democratic candidate Senator Cory Booker (D-NJ): to give infants a “a baby bond” as a way to address the wealth, income, and opportunity disparity “between white America and black America.” In other words, Beto endorses another government handout. Apparently, federal entitlements should now also be part of the cradle-to-grave nanny state.

Here’s more from Politico…

Beto O’Rourke said Friday that America’s capitalist economy is “racist,” while he praised a proposal to give infants so-called baby bonds to address systemic inequalities.

Responding to a question at a meet-and-greet in Iowa about whether he is a socialist, O’Rourke reiterated that “I consider myself a capitalist” and said capitalism is necessary to meet myriad “historic challenges” facing the country.

“It won’t be government intervention or policy alone that makes it possible,” he said.

However, O’Rourke added at a coffee shop here, “Having said that, it is clearly an imperfect, unfair, unjust and racist capitalist economy.”

On Friday, O’Rourke lamented “the disparity in wealth accumulation between white America and black America” and spoke favorably about a proposal to give infants a “baby bond” of hundreds of thousands of dollars at birth — mirroring a bill Sen. Cory Booker (D-N.J.) has introduced.

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