February 16, 2016

Liberal Economists Pour Cold Water On Bernie’s Plans For Education And Healthcare

Several left-leaning economists have declared 2016 Democratic presidential candidate Sen. Bernie Sanders’s plans for free healthcare and education unrealistic and unaffordable in light of recent analyzations of Sanders’s proposals.

“The numbers don’t remotely add up,” Austan Goolsbee, the former chairman of President Obama’s Council of Economic Advisers, told The New York Times. Referring to an early criticism of Sanders’s plans as “puppies and rainbows,” Goolsbee continued to say Sanders’s plans have “evolved into magic flying puppies with winning Lotto tickets tied to their collars.”

Jared Bernstein, of the left-leaning Center on Budget and Policy Priorities, examined a paper authored by Gerald Friedman, economic adviser to Sen. Sanders, and discovered several factors he called “wishful thinking,” including the problems with health-cost inflation and ambitious and unrealistic economic growth.

“We need a deep investment in infrastructure, more-efficient health care and less student debt,” Bernstein told the Times. “But when you put it all together, government’s role in the economy goes well beyond anything we’ve ever considered.”

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