@snood,
snood wrote:
Warren took a lot of heat for being a pie/in-the-sky socialist when she tried to carefully spell out her plans, but you just didn’t see the same kind of pressure applied to Bernie to spell out his plans, even though he is famously the socialist.
Just seems stinky to me.
I agree with you. However in Bernie's case I suspect he's been proposing his free stuff for all panacea for so long, and has become so convinced of the wonderful results that will surely ensue, that he thinks describing the outcome he envisions is sufficient, it no longer concerns him just how his programs will be either enacted by the Congress or will be organized and paid for by our government.
Perhaps more importantly, neither Sanders nor Warren has taken the trouble to address the side effects that will likely attend their programs - side effects that result simply from the pursuit of self interest by the people and institutions affected by the new programs. Thus Federally subsidized capital pumped into the housing market in 2000 - 2006 ended up creating a bubble in housing prices - which made housing less, not more, accessible for buyers, and led to an eventual crash in 2007 that primarily injured low income buyers, who found themselves overextended and underwater with outstanding mortgage debt greater than the new value of their homes. Similarly pumping new subsidized Federal capital into student loan programs simply led to rapid gross inflation in university tuition, making them less, not more, accessible to students, and burdening a generation of graduates with large debts at the start of their working careers - while they are least able to quickly repay them.
