Bernie Sanders
Related: About this forumThe economic questions of our time, by Bernie Sanders
The economic questions of our time:
How does it happen that, despite huge gains in technology and productivity, the average American today is working longer hours for less wages?
How does it happen that the median family income today is almost $5,000 less than in 1999, while 99% of all new income is going to the top 1%?
Senator Bernie Sanders (I), Vermont.
Enthusiast
(50,983 posts)Red Oak
(697 posts)A deficit of $56B a month is about 0.3 percent of our GDP every month or about 3.6 percent of our GDP per year assuming a U.S. gross domestic product of 16.77 Trillion dollars per year. With those headwinds over decades, it is little wonder the U.S. middle class and even more so those struggling to make middle class, are under such pressure and suffering so much.
My amazement in our political system is that the non-one-percent doesn't vote in its own economic interests. Both parties trot out social issues during the campaigns to deflect the real issue - money. The pattern has been repeated for decades.
The truth is that the Democratic party (of today) and the Republican party are in lockstep agreement on this vital issue of trade (vital to the one percent) - free trade is good for all.
It is so obviously NOT good for all.
We can change this - vote your pocketbook.
erronis
(15,272 posts)merrily
(45,251 posts)Thing is, you have to convince them which candidate will best serve the interests of their pocketbook (aka family). And that takes money. Maybe not billions, but a good amount. And the catch 22 there is that the multi-millionaires and multi-billionaires are not going to be donating to Bernie. Somehow, we have to make up for that.
www.berniesanders.com
KJG52
(70 posts)AzDar
(14,023 posts)cascadiance
(19,537 posts)... that has helped them work with a smaller work force, who is made more efficient (and should be worth MORE when harnessing technology to turn out more product and services).
But they just reward higher level management with more pay or stock options instead of those who DO the work to give them this advantage that they use to just lay people off and not raise their pay. And us IT folk that do this work have our jobs outsourced through BS "Free Trade" treaties or H-1B Visa hires, to the point that our salaries are reduced and more of us than ever are just contract workers instead.