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Economy
Related: About this forumRobert Reich on the differences between Hillary and Bernie's policy.
Found on Facebook...
I got a call this morning from a Democratic operative, seeking suggestions for how Hillary Clinton could fix her economic message. I told him that the problem wasn't her economic message. It was her economic strategy, and her dependence for campaign funding on big donors.
Her economic strategy consists of lower taxes for companies that create jobs, higher taxes on companies that outsource them, investments in education and job training and infrastructure, paid leave, lightly re-regulating Wall Street but not resurrecting Glass-Steagall or breaking up the biggest banks. This strategy is a continuation of Bill Clintons and Barack Obamas economic strategy. That Clinton-Obama strategy also included free trade, deregulation of Wall Street, a huge taxpayer bailout of the Street, and free rein to big corporations to grow much larger, give their CEOs exorbitant pay packages, and screw their workers.
Democratic presidents have presided over 16 of the last 24 years yet most people dont feel better off. The middle class is smaller now, and the ranks of the working poor have grown. An economic strategy that continues those previous strategies doesnt address the elephant in the room -- the increased concentration of wealth and political power at the top, and the rigging of the economy. Promising half a loaf is unconvincing to people who want to take back the bakery.
What do you think?
I think he said it very well.
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Robert Reich on the differences between Hillary and Bernie's policy. (Original Post)
haikugal
Mar 2016
OP
revbones
(3,660 posts)1. Link? n/t
haikugal
(6,476 posts)2. It's on my Facebook feed...not sure how to link to it.
ladjf
(17,320 posts)3. Dr. Reich is a good and intelligent American.
I read everything he presents to the public.
haikugal
(6,476 posts)4. I completely agree...I think he'd make a wonderful VP for Bernie.
He could help in so many ways. A good man.
ladjf
(17,320 posts)5. Without a doubt. nt
tk2kewl
(18,133 posts)6. "Promising half a loaf is unconvincing to people who want to take back the bakery"
haikugal
(6,476 posts)7. Arg!! Wonderful, thanks!!