Bernie Sanders
Related: About this forumMajor Research Findings: Sanders’ Tax Wall Street Plan Would Raise $300 Billion And --
--Create Millions of New Jobs
http://www.commondreams.org/views/2016/03/22/major-research-findings-sanders-tax-wall-street-plan-would-raise-300-billion-and
But a new report from the University of Massachusetts Amherst Political Economy Research Institute documents how a key Sanders proposal a tax on Wall Street speculation -would bring at least $300 billion a year in new revenues from those who can most afford to pay it for the critical reforms the country so desperately needs.
Further, the report by Robert Pollin, lead author, and his colleagues James Heintz and Thomas Herndon, breaks new ground in documenting that the tax would be a huge boon to the economy in creating millions of new jobs in education beyond what the same spending creates on Wall Street.
And contrary to the critics would not dampen productive investment, which has fallen sharply under the reckless Wall Street behavior of recent decades.
Taxing Wall Street speculation to finance free public college tuition, as Sanders talks about on the campaign trail, and has introduced in legislation, S 1373, the College for All Act, could create a net expansion of 4.2 million jobs. Not to mention securing equal educational opportunity for everyone, regardless of background or ability to pay.
Investing in education produces more than 8 times the number of jobs created by the same spending in financial services, the authors explain.
This finding parallels a 2009 National Nurses United study that found conversion to a Medicare for all health care system, as Sanders also proposes, would create millions of new, good paying jobs, as would a green economy as Pollin documented in his 2012 book Back to Full Employment.
Simply put, a socially productive economy, from education to healthcare to renewable energy is also a job creation engine.As with the extremism insinuation, the unelectability charge lacks foundation. Polls show Sanders beating all the potential Republican nominees, and beating Trump handily.
hereforthevoting
(241 posts)What I feel is that for him it means things he represents in spite of who he is - people have a stereotype of who he is which the rest of us see he defies. He's not a rich snobby stick in the mud who never smiles and doesn't give a rip about rights.
TrueDemVA
(250 posts)He has shown everyone that there is hope. We are waking up to the fact that our leaders don't care for us and it is time to take back our country. Over the next few years we are going to change this world. That is something I didn't think was possible until now. He has shown us that standing up for what is right can work. His story will continue for years to come and that is becoming more frightening to the rich and powerful. We must carry on for the rest of our lives until we know our future generations have a better place to live. GO BERNIE!
Scuba
(53,475 posts)... he's already won the battle of ideas.
No amount of Third Way / Chamber of Commerce spin will stop the political revolution.
Thank you Bernie!!