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The Sanders Education Plan

6/24/2019

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Bernie Sanders announced his education plan today. He would forgive all student debt, roughly $1.6 trillion. He previously said that the federal government should spend $47 billion more per year on education. He would pay for it by adding a tax on all stock, bond and derivative transactions.

People are certainly entitled to their opinion. The problem is that Sanders doesn’t even understand the basics of economics. Recently he seemed confused over the difference between revenue and profit. He claims this is a tax on Wall Street. There is no way they could afford it so the costs will be passed along to investors.

I guess I am one of the fat cats he hates so much. I am retired and live on a modest income. I supplement it through investing. This would probably cost me $2,000 to $3,000 a year.
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There are too many people like Bernie Sanders who rely totally on their political ideology and prejudices to make policy. Sometimes facts do come in handy.  
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    Hi! My name is Dave. I'm in my 60s and live in Indiana. I'll write about whatever is on my mind but most posts will be political. I'm a centrist who thinks both sides are on the wrong path.

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At long last this idiotic shutdown is over. Hopefully cooler heads prevail and it doesn’t start up again.

The real story is that 800,000 government workers are back on the job and many millions of people are no longer inconvenienced.

Unfortunately, that is not the story we are hearing in the media. Their story is about how Speaker Pelosi beat President Trump. He got himself into this mess. She decided that all that mattered was winning. The harm done to the people involved was of no concern whatsoever. A good leader puts the good of the people over political gamesmanship,

it would be nice to think that both people have learned their lesson and will try to do what is best for the
country. I sure wouldn’t bet on it.
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