A choice between 2 visions of Capitalism (Main Street vs Wall Street, Finance Econ vs Real Econ)
Notice which sector has lost most of the jobs in recent years?
Why isn't it a known and repeated fact that the Unemployment Rate remains high because of GOVERNMENT job losses?
Focus, people!!!
It's not enough for us to preach to progressives.
The Democrats need to focus on a BETTER vision that fits America's identity as capitalist. We must remind the undecideds and the moderates that the Dems are better aligned with the form of capitalism that grew communities, grew a middle class, grew manufacturing, grew labor standards, grew infrastructure, and grew to be the #1 world economy.
Main Street Capitalism
vs
Wall Street Capitalism
The GOP support Wall Street-oriented, finance-oriented, tax evasion-oriented capitalism that centers on CEOs that hop from company to company, from country to country, and from foreign investor to foreign investor. They see our communities and companies as commodities to strip of value. They aren't about long-term community growth. They believe in laissez faire markets, not healthy and fair markets.
We need to be better at market arguments than the GOP, rather than running from them.
Fact Checks:
In spite of inheriting the worst global recession in 100 years, Obama's record includes the following.
* 30 months of private sector growth, including small business.
* First growth in manufacturing sectors in 30 years.
* Record corporate profits.
* More millionaires and billionaires every year since Obama took office.
* Americans remain #1 in worker productivity.
* Household debt reduced by half-a-trillion.
This happened during the worst GLOBAL recession in 100 years.
There's nothing inherently wrong with profits. There's nothing inherently wrong with millionaires. The question is whether we're also growing the middle class and remaining competitive for the future.
PRIVATE EMPLOYMENT SINCE 2008
Share these facts!
We need to properly frame our problems in terms of FAILED finance-capitalism.
Finance economy vs Real economy.
Wall Street vs Main Street.
Money exploits vs Manufacturing.
Top-heavy corporations vs Competitive corporations.
Our CEOs get paid 300-400:1 against average workers. China CEOs make $180,000.
Japan = 11:1
Germany = 12:1
France = 15:1
Italy = 20:1
Canada = 20:1
Britain = 22:1
Our CEOs and investment banks are our competitive weakness. The 1% is sitting on $3 trillion in cash rather than investing in America, in spite of record low rates. It's purely about exploitation for them, not long-term investment.
The goal is to make moderates and undecideds understand this.