Skip to main content

Bern Gets Burned (By Economists)

Not all of them are feeling his math.
  • Author:
  • Updated:

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]


NOT GOOD ENOUGH. By Gage Skidmore [CC BY-SA 2.0], via Wikimedia Commons

Economists Annoyed By Democracy

Damn the uncertainty of this election! Damn it to hell.


WSJ Tries And Fails To Find One Living White House Economist That Supports Trump

To be fair, it is unclear if any dead members of the White House Council of Economic Advisers support The Donald.


Actual Economists Are Inherently Too Poor To Run Trump's Economy

In Trump's America, we leave the nerd policy stuff to rich traders and bankruptcy investors.

Economists Keeping Themselves Busy

Nothing calms nerds in crisis like talking process.

Getty Images

Warren Buffett Would Sooner Entrust His Wealth To A 53-Year-Old Corpse Than Any Hedge Fund Manager

The Oracle of Omaha gives a whole new meaning to "passive investing."

Fed Not Amused By The Honorable Wingnut From Kentucky

They recently let him know exactly how they feel about his "Audit the Fed" campaign and, spoiler alert, it's not very good!