Study: Sanders' economic plan piles $18T on federal debt

[jmowreader]

109. Oh my goodness, you have no idea what you're talking about!

Let's skip over the "but the American people will be SO much better off!" meme and tell me where Bernie finds the extra $6 trillion a year he's going to actually need to pay for everything he's been proposing. The tax increases he wants only come to about $1.5 trillion, so there's a $4.5 trillion gap between Bernie's revenue and Bernie's spending. The worldwide bond market can't absorb an extra $4.5 trillion in bonds per year.

We "can't have something better than in Europe" BECAUSE THERE'S NOT THAT MUCH MONEY IN THE ENTIRE WORLD! Bernie talks about Denmark a lot. Bernie hasn't mentioned a couple of little tidbits about Denmark: its landmass is roughly 2x New Jersey (or about half of West Virginia), and its population is close to Wisconsin's. IOW, its demographics are that of one moderately-sized US state. And really, you can do a LOT for six million people that you can't do for 300 million.

We aren't Europe. We are too big and too decentralized to ever be like Europe. So we need to do things that are for America, not for Europe.