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rhett o rick

(55,981 posts)
Fri Dec 11, 2015, 12:48 PM Dec 2015

Issues - Senator Sanders on the Economy

Last edited Fri Dec 11, 2015, 05:27 PM - Edit history (1)

Senator Sanders:

Supports increased government spending to generate jobs and rebuild the nation’s infrastructure.
Would raise the federal minimum wage to $10.10 an hour from $7.25, although in early April he called a $15 minimum wage “reasonable.”

Has proposed breaking up the nation’s largest banks, saying the six biggest ones wield too much control over the economy.

Proposed barring banks’ chief executives from serving on the Federal Reserve’s 12 regional boards of directors, saying their membership on those boards poses a conflict of interest and undermines regulation of the financial services industry.

Vehemently opposes the Trans-Pacific Partnership with Asian nations, a trade deal Mr. Obama has championed. “Are you on the side of working people who would suffer as a result of this disastrous trade agreement, and seeing their jobs go to China or Mexico?” Mr. Sanders said recently. “Or are you on the side of corporate America and pharmaceuticals?”

Against unhealthy mergers like Comcast and Time Warner.


More at: http://www.nytimes.com/2015/05/01/us/politics/bernie-sanders-on-the-issues.html?_r=0

Support Senator Sanders the People's candidate and not the billionaires.
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JonLeibowitz

(6,282 posts)
2. And you are saying this without a source because you are an economist with knowledge in this area?
Fri Dec 11, 2015, 12:52 PM
Dec 2015

Oh, and why is that again? Because you dabble in the stock market?

 

JaneyVee

(19,877 posts)
4. OP provided no source to back up claims either.
Fri Dec 11, 2015, 12:56 PM
Dec 2015

Maybe you can. Which of those listed will create jobs?

JonLeibowitz

(6,282 posts)
6. The source is Sanders' NYT "On the Issues" Politics page from May.
Fri Dec 11, 2015, 01:01 PM
Dec 2015

If you need evidence that jobs are created by investment in national infrastructure, you need to do more reading about 20th century government programs.

 

JaneyVee

(19,877 posts)
7. I'm all for infrastructure investments...
Fri Dec 11, 2015, 01:57 PM
Dec 2015

But infrastructure jobs are basically temporary construction jobs. We need to kick the economy into overdrive.

JonLeibowitz

(6,282 posts)
8. Honestly without major reforms to corporate restructuring and education, it is all
Fri Dec 11, 2015, 02:05 PM
Dec 2015

a house of cards. We need more than a consumer(-credit) economy.

My hope is that the next President takes a three-pronged solution domestically: invest in infrastructure to ready America for manufacturing jobs; no longer let corporations run roughshod over American workers by advocating trade deals and then shipping jobs overseas based on these bought, er, lobbied, deals; and reform education by making college affordable so that young Americans do not have to limit their enthusiasm and ingenuity to pay education loan bills.

Various factions of Corporate America are opposed to all of these proposals, however, so we must work hard.

 

rhett o rick

(55,981 posts)
9. And what's your proposal to "kick the economy into overdrive"?
Fri Dec 11, 2015, 03:29 PM
Dec 2015

By the way there is enough infrastructure to keep jobs alive a long time. The one trillion dollars given to the 99% in the form of wages will go a long way to "kick the economy into overdrive".

 

rhett o rick

(55,981 posts)
3. Not true, however you question pertained what would he do to help
Fri Dec 11, 2015, 12:56 PM
Dec 2015

solve income and wealth inequality.

Stopping disastrous so-called Free Trade Agreements like the TPP will save American jobs. I hope you support that.

Raising the min wage is know to boost the economy and jobs are created.

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