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Reply to "Sanders can't win the general election--why are people so blind to that?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm not an economist, but I know enough to know that Sanders proposals do not add up. He proposes taxes on all financial transactions to pay for free college but does not account for the industry making adjustments in trading practices to reduce their tax burden, so (a) the plan exaggerates how much it will raise and (b) it adds inefficiency to financial markets by adding a non-market factor that will influence investment decisions. The college plan also would cost more than he says because it has very weak or nonexistent management and oversight details, so colleges would be able to increase tuition with no improvements in quality required. It is essentially a voucher program, the tried and true way for the government to pay more and receive less of something. Sanders' health plan replaces tax-exempt employer-paid health insurance premiums with a payroll tax and several other taxes, and incredibly he seems to believe that payroll taxes would not be taken out of employee compensation. Never mind that neither employers nor employees would want to do this. Even if it happened it would not work for many employees. Currently, the employer-paid premium and the employee share are the same for someone making $60K as it is for a coworker making $30K. Substituting a payroll tax would mean the employer would pay twice as much for the $60K worker as for the $30K worker. That would affect hiring and compensation all through the economy. [/quote] When did we try a voucher program for colleges and universities?[/quote] [b]It is essentially a voucher program, the tried and true way for the government to pay more and receive less of something. [/b] That is what voucher programs do. It is simple economics. Hillary's plan is much better: Clinton vs. Sanders: Their Higher Ed Plans Compared https://edreformnow.org/clinton-vs-sanders-their-higher-ed-plans-compared/ [/quote]
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