The Wall Street Bailout And Free Of Public Colleges And...

Bernie Sanders wanted to â€Å"†¦make tuition free at public colleges and universities throughout the country† (Sanders), but in his thirty-second commercial he didn’t have the time to mention how he planned to have Wall Street banks pay for it. His idea to cover the costs of these changes to student tuition was to impose a minuscule tax on Wall Street speculator trades. Sanders declares, â€Å"If the taxpayers of this country could bailout Wall Street in 2008, we can make public colleges and universities tuition free and debt free throughout the country† (Sanders). Of course those two entities, the Wall Street bailout and free education are completely unrelated, but Bernie wants to bring them together. His reasoning is that the American public, who suffers from enormous education costs, was forced to pay, involuntarily via their tax money, to save the all-mighty banks from their corrupt dealings in 2008 with a publicly ill-supported bailout, now, he sugges ts, it’s time for the banks to return the favor, via small taxes on their trades, and help us citizens get educated to expand the country’s economy. That seems like a sound and logical plan. In support of this idea, we find many major countries are already doing exactly as he proposed and succeeding quite well according to Senator Sanders who pronounces, â€Å"†¦some 40 countries throughout the world have imposed a similar tax including Britain, Germany, France, Switzerland, and China† (Sanders). Even with this strong empirical evidenceShow MoreRelatedBook Review of Sandal1245 Words   |  5 Pagesutility or by securing freedom of choice (Sandal 261). 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