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I'm not quite sure what I was doing last week when this first appeared, but I missed it. Here's a summary from Amherst professor Gerald Friedman about the impact on the economy if we adopt all of Bernie Sanders' domestic spending proposals: WTF? Per-capita GDP will grow 4.5 percent? And not just in a single year: Friedman is projecting that it will grow by an average of 4.5 percent every year for the next decade. Productivity growth will double compared to CBO projections—and in case you're curious, there has never been a 10-year period since World... [Read More]
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