White House hopeful Elizabeth Warren declared Monday in an article on Medium that another economic crisis is looming and the “warning lights are flashing.”
In “The Coming Economic Crash — And How to Stop It,” Warren warned, “When I look at the economy today, I see a lot to worry about again. I see a manufacturing sector in recession. I see a precarious economy that is built on debt — both household debt and corporate debt — and that is vulnerable to shocks. And I see a number of serious shocks on the horizon that could cause our economy’s shaky foundation to crumble.”
In the article she offered a plan to deal with the coming threat, the economically disastrous steps of which include raising the minimum wage to $15 an hour, erasing student debt, offering “free” college and “free” universal childcare, and pumping $2 trillion into a Green Investment Plan to combat the mythical “existential threat of climate change.”