Just a second. I need to get out my slide rule.
He may be winning over failed moderate Republican California gubernatorial candidates, but the Bernie from Burlington doesn’t impress some economically-inclined members of the party whose presidential candidate he'd like to be, including Hillary Clinton’s former chairwoman-in-law of the Council of Economic Advisers. She and three other CEA chairs—not that Barack’s making any endorsements just yet!—have a few quibbles about Bern’s math.
No credible economic research supports economic impacts of these magnitudes. Making such promises runs against our party’s best traditions of evidence-based policy making and undermines our reputation as the party of responsible arithmetic. These claims undermine the credibility of the progressive economic agenda and make it that much more difficult to challenge the unrealistic claims made by Republican candidates.
An Open Letter from Past CEA Chairs to Senator Sanders and Professor Gerald Friedman [Letters To Sanders/a blog created specifically to post said open letter]