Bernie Sanders really, really doesn’t understand basic economics

Not really a math guy either.

bs

If you don’t believe me then just check his Twitter account.

sanders

Yeah, that’s right.  Bernie is making a direct comparison between college education and house refinancing and completely not understanding the idea of collateral.

But then again, what do we expect from a guy that wants to tax all wealth over $1 million at 100%.  Why? Because no one “deserves” that much money.

As you can imagine, plenty of people on Twitter took the time to educate the poor, looney old guy:

Most economically illiterate tweet ever!!!

Hello, my name is and although I have no clue how collateral works, I am running for president. Weeeee!

Facepalm: This CRAZY B.S. tweet redefines economic illiteracy

Nutjob alert.

@SenSanders You see, if you fail to pay off your mortgage the bank gets your property, a student loan the gov gets nothing.  Get a clue old man.

Um, I’m no economics guru, but one is a secured debt; the other is not. Therein lies the “sense.” https://twitter.com/SenSanders/status/680789930482778113 

In the democratic party, whoever promises more gimme dat’s wins!

Googling the repossession figures on student educational loans and weird numbers are popping up.  ZERO. https://twitter.com/SenSanders/status/680789930482778113 

Well you see, @SenSanders, a home has actual value, whereas a $100,000 degree in “women’s studies” is, umm, WORTHLESS.

It’s so weird that someone whose platform is all about economics doesn’t understand secured debt and collateral. https://twitter.com/SenSanders/status/680789930482778113 

http://www.youngcons.com/bernie-sanders-posts-a-tweet-about-the-economy-that-has-a-lot-of-people-scratching-their-heads/

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About avirginiapatriot1776

I hope we have once again reminded people that man is not free unless government is limited. There’s a clear cause and effect here that is as neat and predictable as a law of physics: as government expands, liberty contracts. — Ronald Reagan
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