CNN Report Says Income And Jobs Would Soar UNDER BERNIE SANDERS
CNN has published a new report based on the findings of an economics professor from the University of Massachusetts which claims jobs and the economy would do extremely well under President Bernie Sanders.
This isn’t propaganda at all:
Under Sanders, income and jobs would soar, economist says
Median income would soar by more than $22,000. Nearly 26 million jobs would be created. The unemployment rate would fall to 3.8%.
Those are just a few of the things that would happen if Bernie Sanders became president and his ambitious economic program were put into effect, according to an analysis given exclusively to CNNMoney. The first comprehensive look at the impact of all of Sanders’ spending and tax proposals on the economy was done by Gerald Friedman, a University of Massachusetts Amherst economics professor.
Friedman found that if Sanders became president — and was able to push his plan through Congress — median household income would be $82,200 by 2026, far higher than the $59,300 projected by the Congressional Budget Office.
In addition, poverty would plummet to a record low 6%, as opposed to the CBO’s forecast of 13.9%. The U.S. economy would grow by 5.3% per year, instead of 2.1%, and the nation’s $1.3 trillion deficit would turn into a large surplus by Sanders’ second term.
The left thinks the time for socialism has finally come and they’re doing everything they can to promote it.
The fact that CNN would publish this garbage is proof.