Obama suggests Sanders' economic ideas are unrealistic

Obama suggests Sanders' economic plans are unrealistic.
(Image credit: JIM WATSON/AFP/Getty Images)

Sen. Bernie Sanders' plan to break up the big banks in the name of economic stability isn't realistic, suggested President Obama in an interview about his economic legacy published online by The New York Times Magazine on Thursday.

"It is true that we have not dismantled the financial system [like Sanders proposes], and in that sense, Bernie Sanders' critique is correct," Obama remarked. "But one of the things that I've consistently tried to remind myself during the course of my presidency is that the economy is not an abstraction," he added. "It's not something that you can just redesign and break up and put back together again without consequences."

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Bonnie Kristian

Bonnie Kristian was a deputy editor and acting editor-in-chief of TheWeek.com. She is a columnist at Christianity Today and author of Untrustworthy: The Knowledge Crisis Breaking Our Brains, Polluting Our Politics, and Corrupting Christian Community (forthcoming 2022) and A Flexible Faith: Rethinking What It Means to Follow Jesus Today (2018). Her writing has also appeared at Time Magazine, CNN, USA Today, Newsweek, the Los Angeles Times, and The American Conservative, among other outlets.