Editiorial: Sanders makes promises no one could possibly keep
Liberal economists say Vermont senator is using unrealistic numbers to back his economic promises
If his numbers don’t add up — and they won’t — his programs will create such large deficits that will drag down economy
Republicans have used bogus numbers for years, but so far Democrats have refused to do so
A bit of a civil war has broken out within the left-leaning wing of the economics blogosphere, where many economists and bloggers are criticizing Vermont Sen. Bernie Sanders’ spending proposals for including unrealistic assumptions about growth.
A group of economists who worked in the Clinton and Obama administrations have written an open letter to Sanders and University of Massachusetts at Amherst economist Gerald Friedman, warning that Friedman’s claims about Sanders’ proposals “cannot be supported by the economic evidence” and urging a return to evidence-based policy. Obama’s former chief economic adviser Austan Goolsbee puts it rather more floridly, saying that Sanders’ plans have “evolved into magic flying puppies with winning Lotto tickets tied to their collars.”
Read more here: http://www.thestate.com/opinion/op-ed/article62268612.html##storylink=cpy
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Now, I don't mind taking - I mean paying more - I'm a Democrat!
But let's keep it realistic!
