re: WSJ Piece: Americans Want Populist Policies That Defy Traditional Political Labels

quote:

---

Nearly three-quarters of voters support a cap on child-care costs for working families, an idea backed by liberal Democrats, such as Sen. Elizabeth Warren (D., Mass.).

---

Either will not work or will only work with significant government subsidies. Not feasible

quote:

---

Nearly three-quarters of voters support a cap on child-care costs for working families...

---

It's not the government's business to tell a service provider what they can charge for their service.

quote:

---

...capping the cost of prescription drugs...

---

Places like Canada and Europe will hate this as high American prescription drug prices subsidize their low prescription drug prices.

quote:

---

...nearly four in five voters support capping credit-card interest rates at 10%.

---

I agree with this 100%, but be ready for the screams and howls of racism when less-than-creditworthy people are denied credit cards.

quote:

---

Trump’s proposal to send $5,000 checks to all adults if Republicans retain their congressional majorities in the midterm elections.

---

This is just plain stupid.

quote:

---

Having the government open stores to sell discounted groceries...

---

This, too, is stupid. By "discounted groceries" do they mean "below-or-at-cost?"

quote:

---

Raising taxes on the wealthy, a core populist impulse, proved popular among voters in the survey—except with Republicans. Two-thirds of voters would raise taxes on people with million-dollar incomes, while a majority of Republicans rejected that idea. About 60% in the survey supported a wealth tax on billionaires, but only about one-third of Republicans backed that proposal.

---

This will solve nothing.