Bernie Sander's has promised to do two things that probably will
not happen. Those two things are the breakup of the Big Banks and the tax
increases that would be imposed to cover universal health care amongst other
things. Here are the reasons why.
Big Bank Breakup: Under the law a
bank or even a business for that matter cannot be broken up unless it is either
a monopoly or it poses a severe threat to the economy. However our banks
like Bank of America, Goldman Sachs and the other banks on Wall Street pose no
such threat and they are not a monopoly. Therefore the courts that
oversea bank breakups would deny a president Sander's the ability to do anything
to the Wall Street banks.
Tax increases: Here the Republicans,
as long as they hold a majority, and some Democrats would block the tax
increases that would be used to cover the costs of a universal health care
system. Basically, Bernie would have to have a Democrat controlled House
of Representatives and Senate to even hope to get any tax increases passed and
even then I am skeptical about how those tax increases would pay for a new
universal health system as our population is significantly larger than any
other countries in the world that already has the single payer model.
Conclusion: Like Trump, Bernie Sander's will
not get what he wants passed assuming he wins. As such people should not
be surprised when his promises fall short.
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