Bernie Sanders really, really doesn’t understand basic economics

Not really a math guy either.


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


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.” 

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. 

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.

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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