Bernie, Student Loan Rates Should Be Higher

Bernie Sanders has been asking: What is the deal with student loan rates?

Sorry, I can’t resist. Ever since seeing Larry David portray Sanders on “Saturday Night Live,” I can’t stop thinking of him as a “Seinfeld” character: Bernie the bewildered old senator.

That he is economically illiterate is, I hope, no surprise. He is a socialist, and socialism is an economically illiterate doctrine. So let’s patiently explain it to him.

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