Bernie Sanders’ Plan Would Help Income and Jobs Soar, Says Top Economist


Gerald Friedman, an economics professor at the University of Massachusetts Amherst, prepared an exclusive analysis to CNN Money on Bernie Sanders’ economic program. According to Friedman, the median income for Americans would rise by more than $22,000 and 26 million new jobs would be created.

Although Friedman has worked with Sanders in the past (without compensation), the analysis was not commissioned by the Sanders campaign.

According to the analysis, which also includes the approximate cost of Sanders’ Medicare-For-All plan estimated at $13.8 trillion over 10 years, the median household income would be $82,200 by 2026. The Congressional Budget Office previously estimated the median income by 2026 to be $59,300.

The analysis also shows that poverty would sink to a record low of 6%, the U.S. economy would grow by over 5% a year, the unemployment rate would sink to 38%, and our deficit with turn into a surplus by Sanders’ second term.

Sanders’ plan includes raising the minimum wage, shifting income from the rich to the working class, increasing spending on infrastructure, youth employment, and Social Security benefits, making college free, and expanding health care and family leave is said to increase productivity and economic activity.

Some economists disagree with the analysis, calling it overly optimistic. Specifically, they say that Friedman is miscalculating how much Medicare-For-All would cost by $3 trillion, though Friedman makes a case for this in his analysis by saying that $3 trillion would be saved by eliminating tax breaks for health insurance premiums.

Friedman maintains that Sander’s plan is extremely stimulative and different than other candidate’s plans due it calling for money being poured into the economy rather than just cutting taxes.


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Alexandra Jacobo is a dedicated progressive writer, activist, and mother with a deep-rooted passion for social justice and political engagement. Her journey into political activism began in 2011 at Zuccotti Park, where she supported the Occupy movement by distributing blankets to occupiers, marking the start of her earnest commitment to progressive causes. Driven by a desire to educate and inspire, Alexandra focuses her writing on a range of progressive issues, aiming to foster positive change both domestically and internationally. Her work is characterized by a strong commitment to community empowerment and a belief in the power of informed public action. As a mother, Alexandra brings a unique and personal perspective to her activism, understanding the importance of shaping a better world for future generations. Her writing not only highlights the challenges we face but also champions the potential for collective action to create a more equitable and sustainable world.