Bernie Sanders’ plans may be expensive but inaction would cost much more
Robert Reich writes: 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. Maya MacGuineas, president of the bipartisan Committee for a Responsible Federal Budget, claims Sanders’ agenda would at least double federal…