Monday, May 20, 2019

Democrat Swalwell shows why Democrats favor tax and spend

Eric Swalwell is one of the seemingly thousands of random Democrats running for President.  Interestingly almost all of those candidates supports massive tax increases, abortion for any reason at any time--including after birth--, and unlimited illegal immigration.

What's interesting is it turns out that Swalwell can't manage his own finances but he says he can run the government.

Prior to entering Congress Swalwell was making over $100 thousand a year and after entering Congress his salary is $174,000 a year.  That's decent money even in over priced California.

Yet in his financial disclosure statements he reveals that he hasn't significantly paid down his college loans but he has sold off his biggest asset, a pension fund, and increased his credit card debt significantly--going from $20-30 thousand in 2016 to $25-65 thousand in his 2017 disclosure.

He is required to list any bank accounts with more than $5 thousand so the fact that he lists no bank accounts means he doesn't have any cash.

People who make as much as he does shouldn't have tens of thousands of dollars in high interest debt.  That shows an inability to manage his own money which should disqualify him from running we the people's finances.

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