Dem Panic Time: It Berns! It Berns!
20th February 2016
Steven Hayward scratches his head.
The study, by UMass/Amherst economics professor Gerald Friedman, asserts that median income would soar by more than $22,000, 26 million jobs would be created and unemployment would fall to 3.8 percent. And that’s just from Sanders’s Medicare-for-All proposal alone. Imagine what going Full-Venezuela could do! The Sanders campaign pounced on this result, declaring it to be “outstanding work.”
A couple of observations before we enjoy the Democratic panic. First, I think we can safely assume that Prof. Gerald Friedman is no relation to Milton Friedman. I’m not even going to check it out. Second, every UMass/Amherst economics student who took courses from Friedman should demand a tuition refund immediately. Third, seriously Amherst? Would you hire a flat-earther for your geography department? Why would you hire one for your economics department?