An Open Letter from Past CEA Chairs to Senator Sanders and Professor Gerald Friedman
Yeah pretty much none of this guys economic claims or payment plans for his agenda actually add up and finally some respected economists have had enough.
STOP IT.
PEOPLE keep saying They dont add up.
I'll ask this question again. he is telling you 3 places where he's going to get most of his money
#1. From Wall Street
#2. Corporate and Rich folks taxes
#3. Everyone's taxes.
IN that order.
if he can pull off #1, college can easily be paid for. thats a fact.
if he could pull off #2. the other stuff can be paid for(minus healthcare)
we know he can pull off #3. and this is where medicare for all kicks in.
if he pulls off his massive infrastructure move... more people will have more money to pay more taxes. that is a fact of life. more companies will have more money to pay even more taxes. thats also a fact since more people will spend more money since more people have more money to spend. gotta spend the cheese somewhere.
If i no longer have to pay for healthcare out of my pocket in my check and i save in the end(which i would). then i have even more money to save(banks) or spend or get loans/credit against(banks)
the more loose change i have in my pocket. the more i can play the stock market if thats what i choose to do. in addition the more people at work and the more people making money. the more spending we do and the more money corporations make. which means they have to hire more. hiring more people = more 401k's (more money for wall street to play with, to pay their bernie bills).
So never say it doesnt add up. it adds up if he can accomplish those things. if not. not it wont work. its that simple. but whats the alternative? hillary? ok...and....same healthcare as today. thats cool. baby tweeks. still down with trade agreements galore. so mo jobs lossed in the global economy. still down with wall street(you dont get paid that kind of cheddar for nothing from these guys).
so more of what we currently have. i guess thats a better option than trump or some other repub. but lets be real about it.