Unable to identify any regulatory reforms that would make things more affordable for consumers, Democrats are promising tax cuts that would not only add trillions of dollars in new debt under existing government spending levels, but they would also add trillions more once additional spending increases are tacked on. The pushback to Sen. Cory Booker’s (D-NJ) new tax cut plan from both the right and left shows just how misguided Democrats have become on affordability.

“Americans are working harder and harder, and they’re making less and less relative to their parents and grandparents,” Booker said when releasing his Keep Your Pay Act this week. “The economy is not working. So we need big ideas that could redeem the dream of America.”