Median income would soar by more than $22,000. Nearly 26 million jobs would be created. The unemployment rate would fall to 3.8%.
Those are just a few of the things that would happen if Bernie Sanders became president and his ambitious economic program were put into effect, according to an analysis given exclusively to CNNMoney. The first comprehensive look at the impact of all of Sanders' spending and tax proposals on the economy was done by Gerald Friedman, a University of Massachusetts Amherst economics professor.
This more sweeping analysis was not commissioned by the candidate, though Sanders' policy director called it "outstanding work." Friedman has worked with Sanders in the past, but has never received any compensation.
CNN does quote a few more skeptical voices toward the end of the article.
The University of Massachusetts economics department is notoriously left-wing. I'm not generally a fan of anonymous sites, but, with that important caveat, the "Rate My Professors" site has some pretty humorous reviews of Professor Friedman's work: "He mainly talks about sex and drugs, not much talk about Econ but it is an intro class. No exams, only problem sets that you're encourage to work on with others," and "he presents his opinions as facts" and "he throws chocolate at you during lectures and brings his dog with him." Humorous unless you are the one paying taxes in Massachusetts or going into student debt to fund the guy's salary.