Facing existential challenges, we must spend heavily on a Green New Deal, Medicare for All and similar plans
In Wednesday night’s Democratic debate, the former South Bend mayor Pete Buttigieg charged that the Vermont senator Bernie Sanders’ policy proposals would cost $50tn. Holy Indiana.
Larry Summers, formerly chief White House economic adviser for Barack Obama, puts the price tag at $60tn. “We are in a kind of new era of radical proposal,” he told CNN.
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