Did Bernie Sanders just send the 'most economically illiterate tweet ever'?

Well, it’s official: Bernie Sanders did not get an Econ 101 textbook for Christmas (again):

You have families out there paying 6, 8, 10 percent on student debt but you can refinance your homes at 3 percent. What sense is that?

— Bernie Sanders (@SenSanders) December 26, 2015

Bill Kristol thinks history might have been made:

Most economically illiterate tweet ever? https://t.co/J41XM66i9A

— Bill Kristol (@BillKristol) December 26, 2015

Could be!

Sanders was offered a finance education, and these lessons actually are free:

https://twitter.com/BanCollectivism/status/680807734938320901

Reality calling.

@SenSanders if you fail to pay off your mortgage the bank gets your property,a student loan?the gov gets nothing.

— anton newcombe (@antonnewcombe) December 26, 2015

Um, I'm no economics guru, but one is a secured debt; the other is not. Therein lies the "sense." https://t.co/j552apfOEI

— Matt (@Voldematt) December 26, 2015

https://twitter.com/liars_never_win/status/680804473380286466
https://twitter.com/KSConservative1/status/680809346406690816

@SenSanders it makes perfect sense. A 'home' is collateral which the bank can take possession of in case of default. m/t @KurtSchlichter

— All-American Male (@AllAmericanMaIe) December 26, 2015

It's so weird that someone whose platform is all about economics doesn't understand secured debt and collateral. https://t.co/OTQzGVgLQ7

— Michael Freeman (@michaelpfreeman) December 26, 2015

There's this thing called collateral. Until banks can seize human brains in the event of a default… https://t.co/jmbGv7kd0O

— Comfortably Smug (@ComfortablySmug) December 26, 2015

Recommended

'You'll See Things Our Way': Jaguar DOUBLES DOWN on Cringe Ad With Vaguely Threatening Reply to Critics

Amy Curtis

Advertisement

I know, right, b/c student loans and mortgages are totally underwritten and secured the same way YOU FUCKING IDIOT. https://t.co/igR1HQ4hJu

— Kurt Schlichter (@KurtSchlichter) December 26, 2015

https://twitter.com/TANSTAAFL23/status/680800358503956480

@SenSanders Students didn't have to borrow knowing rates. You probably think we should just print some money & pass it around too.

— Colorado RedTraci (@goptraci) December 26, 2015

@SenSanders
A bank can repossess a house. They can't repossess your brain if you quit paying student loans. Though, you make me wonder.

— Smittie™ GED (Hons), BS (D-) (@smittie61984) December 26, 2015

To summarize the reaction:

https://twitter.com/Matthops82/status/680803463467503616

And then some.