“The cost of this $75 billion a year plan is fully paid for by imposing a tax of a fraction of a percent on Wall Street speculators.”
Really?
I’m sure some college graduates will figure out how to speculate in Singapore or London and avoid the Bernie tax.
Bernie isn’t promising “free” to most of his gullible supporters:
“The Sanders plan would require public colleges and universities to meet 100% of the financial needs of the lowest-income students.”
Only students who have studied “hard”, attend a “public” college and come from the “lowest-income” households will get a “free” education (and “needs” like campus housing+transportation) from Bernie.
All others will be at a financial disadvantage after graduating.
Those who got a “free” education will be able to work for less than:
a. any private college graduate or
b. any graduate from a middle class or affluent household.
“Under the Sanders plan, the formula for setting student loan interest rates would go back to where it was in 2006. If this plan were in effect today, interest rates on undergraduate loans would drop from 4.29% to just 2.37%.”
“Over the next decade, it has been estimated that the federal government will make a profit of over $110 billion on student loan programs. This is morally wrong and it is bad economics.”
Those profits partially pay for Obamacare, Bernie.
Just pray your young ones get a better education than Bernie got (and don’t get sick either).
That Tobin Tax on Wall Street transactions IS going to happen IMHO.
It will poll north of 80% in public approval polls. Particularly if they agree to use a chunk of it to increase Social Security benefits.
I bet there won’t be 20 Republicans in the Senate with the guts to vote against it.