Did Bernie Sanders learn economics at the University of Chicago or at Hogwarts?

Former NASCAR driver Ward Burton was not a liberal, but he has a great story about winning. After one of his victories at a NASCAR track, Ward was asked to what did he attributed his victory. Ward responded that it was the advice from his crew chief. When asked what that advice was he replied, “Turn left, Ward! Turn Left!” Somebody must be giving the same advice to the Democrat party because they are driving further and further left. Will this lead the Democrats to victory?

As Written by Eddie Zipperer for Lifezette:

Leading liberal senators pander to increasingly radical left-wing base, alienating moderate voters.

Did Sen. Bernie Sanders (I-Vt.) learn economics at the University of Chicago or at Hogwarts? I’m only asking because his brand of oxymoronic “Democratic Socialism” seems less rooted in classic economic theory than in wand-pointing hocus-pocus. Sanders, along with 15 Democratic co-sponsors, recently introduced his single-payer, “Medicare-for-all” plan in the Senate, and it’s practically aglow with paranormal activity. Magic economics. Magic math. Magic solutions to America’s health care woes. It would be safer to hand over the U.S. health care system to Count von Count from Sesame Street — whose math may be simple, but at least it’s recognizable to muggles like me.

Sanders’ plan is similar to the one he touted on the campaign trail in 2016. The cost of that plan was estimated by the Urban Institute at $32 trillion over 10 years. So if you thought the Congressional Budget Office (CBO) was unkind to Republican ideas on health care, get your popcorn ready, because Sanders’ bill is a veritable masterpiece of train-wreck economics! The average cost for the first decade breaks down to $3.2 trillion per year. To put that price tag in perspective, the CBO projects the federal government’s entire revenue for the 2017 fiscal year — every dime the fed will bring in — will be $3.3 trillion. Sanders could confiscate all the money from all the millionaires and billionaires in America, and it wouldn’t cover the price of this new entitlement………..

THERE IS MORE HERE KEEP READING:

Fear the Bern: Sanders Lures Democrats Off Electoral Cliff | LifeZette

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