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(18,791 posts)And yet some little people are still hoping for some crumbs.
dchill
(38,462 posts)It's Funnel Up.
brush
(53,758 posts)mwooldri
(10,302 posts)is a bunch of rich bastards with prostate issues trying to pee. On us.
It's just plain painful.
pansypoo53219
(20,966 posts)MisterP
(23,730 posts)underpants
(182,721 posts)appalachiablue
(41,113 posts)SunSeeker
(51,545 posts)The problem is most markets are not particularly free, and need regulation. Further, trickle down economics is anathema to a free market and is very bad for business. As he states:
http://hereandnow.wbur.org/2016/02/02/nick-hanauer-minimum-wage
That is why Nick Hanauer opposes Reaganomics. It is a very good argument since it works on the people we need to convince.
Nick Hanauer is one of the good guy billionaires (there are some) Dems rely on for big money donations. http://prospect.org/article/meet-billionaires-backing-team-blue-megaphone-only-money-can-buy
appalachiablue
(41,113 posts)Nick's background has much to do with his views, as he's said. And that's quite understandable.
strategery blunder
(4,225 posts)He would have been a billionaire in today's dollars I'm sure.
But he understood that the economy could never recover from the Great Depression, if no one except the very wealthy had any money to spend. And he ACTED on that truth, and fought like hell to use the leverage and reach of the Federal government to help those less fortunate than himself, and by extension, get money circulating in the economy again.
He was venerated within the Democratic Party up until the time of Reagan. Even now he is still venerated amongst the Democrats fighting to bring the Democratic Party back to its modern-day roots.
Yes, even Berners (like me) understand that not all rich people are evil.
The rich people who believe that their fair share is "all of it" (to quote one of them), and who buy our politicians, are the evil and sociopathic ones.
Dustlawyer
(10,494 posts)SunSeeker
(51,545 posts)His message just needs to get out more.
mnhtnbb
(31,381 posts)Dont call me Shirley
(10,998 posts)Plucketeer
(12,882 posts)In some circles AKA "Golden Shower".
pangaia
(24,324 posts)Thespian2
(2,741 posts)I was kicked out of Her Royal Highness's group long ago...a badge of honour...Yes..
hobbit709
(41,694 posts)B Calm
(28,762 posts)Wake the fuck up by now.
Avalon Sparks
(2,563 posts)AlbertCat
(17,505 posts)This was pointed out the minute the "Laffer Curve" was presented as something legit.... 1970s.
rhett o rick
(55,981 posts)theory. It makes the rich get richer and that's her goal. $150 million and climbing.
SunSeeker
(51,545 posts)She has always fought to improve the earning power of the middle class and has offered many concrete, achievable plans to do that, including her innovative profitsharing plan to give workers a percentage of a company's profit.
You seem to want to turn every post into a divisive Hillary slam. That is not what the OP is about. The OP quote is something all Dems on this site agree on, as does Hillary. Please take your Hillary hate to the GDP cesspool.
Avalon Sparks
(2,563 posts)Based on my extensive research, she supports supply side, and endless war. She's fiscal right, social left. She's DLC....
SunSeeker
(51,545 posts)She offers plans to increase middle class incomes that actually stand a chance of being implemented.
rhett o rick
(55,981 posts)she stood in front of the Senate and repeated the Bush lies. Not progressive.
She will do nothing to stop the ever widening wealth gap that is bringing joblessness and poverty to the lower classes. Not progressive.
Her stand on marijuana isn't progressive nor her stand on the TPP or fracking or almost everything.
This is what Black Lives Matter said about her:
Here's the truth: the Clinton legacy has left our prisons bursting at the seams. Real lives have been destroyed as a result. It is an indisputable fact that millions of Black people were locked up for drug crimes and provided the bodies for the expansion of the prison industry.
The 1994 Crime Bill that she so vigorously defended not only expanded incarceration, but stripped funding for college education from prisoners. The Clinton legacy allowed for policies that prevented anyone convicted of a felony drug offense from receiving food stamps or income assistance. Clinton-led welfare reform fundamentally ripped apart the social safety net.
Make no mistake, Hillary Clinton's efforts to push these policies resulted in the continued destruction of Black communities and the swift growth of our mass incarceration crisis.
How can you say she is progressive?
SunSeeker
(51,545 posts)rhett o rick
(55,981 posts)can't afford to carry the load of this country.
Avalon Sparks
(2,563 posts)I am curious if you've read about that
SunSeeker
(51,545 posts)Hydra
(14,459 posts)She didn't offer any policies at the beginning of the race. Everything was just peachy.
Then this crazy old socialist started talking about "Income inequality." Something weird happened too- people were interested in that.
Ever since she's been telling us that she is concerned too...and will give some serious consideration to doing some halfway measures. If the Republicans don't object.
rhett o rick
(55,981 posts)Like helping college students with large debts. She is willing to let them refinance at the expense of the lower classes taxes. She wouldn't dare think of asking Goldman-Sachs to pay their fair share.
Major corporation get the benefits of public funded education, they should pay their share.
Hydra
(14,459 posts)Everything from public roads to police to firefighters to courts to the military to food stamps and medicaid for Wallyworld so they can underpay their workforce.
No one screams louder than they do about paying their way. In fact, they want to be exempt from taxes altogether and/or to have the gov't PAY them for being "job creators."
As George W. put it so well, "This is an impressive crowd. The haves and the have mores. Some people call you the elite. I call you my base." I think Hillary took that job over.
rhett o rick
(55,981 posts)rhett o rick
(55,981 posts)before all else. I hate those that pretend to be friends of the people all the while taking money (quid pro quo attached) and turning their backs on the lower classes. The status quo has been going on tooo long. Clinton is beholden to the Big Money.
SunSeeker
(51,545 posts)She wants to increase earnings for the middle class, and has a plan that actually has a chance of success.
rhett o rick
(55,981 posts)job killing Free Trade. Hmmmm. Also, her plan counts on the lower 99% to foot the whole bill. The lower classes can't prosper if they have to fund their own recovery. We need to make the Wealthy and Super-Duper Wealthy pay their share and she isn't the one to do that. She is suggesting tax breaks to help the recovery. Who makes up the tax difference when some are given tax breaks? The lower 99%.
And really a $12 min wage? She can't even try for $15? $12 per hour isn't a living wage and is lower than some states.
We need to end the growing wealth gap that is indicative of the Wealthy (like Clinton) looting our resources. All other concerns become moot if we all become paupers.
Silver_Witch
(1,820 posts)Is Hillary giving speeches to Wall Street to encourage them to promote profit sharing? Is she going to use an executive order to make it happen. Tell kme more. Would love to find out how wrong I am about Mrs. Clinton. Really!
whereisjustice
(2,941 posts)Hillary is a protege of Kissinger and Reagan (and Regan). In a just world, her views would toss her out of the party and on to the street where she'd have to earn a living some other way than speeches to Wall Street CEOs telling them how awesome they are..
But here she is, and her supporters are suddenly channeling Reagan in an effort to see her in the White House.
What a fucking disaster.
SunSeeker
(51,545 posts)Her plans include:
Inequality is a drag on our economy, and to get incomes rising again, we need to renew our countrys basic bargain. With near-record corporate profits and stagnant wages, the deck is stacked against working Americans. If you work hard, you deserve to get ahead and stay ahead.
Ensure more workers share in near-record corporate profits. Corporate profits are near record highsbut workers have not shared through rising wages. Profit sharing is linked to higher pay, benefits, and productivity. Thats why Hillarys plancreates a 15 percent tax credit for companies that share profits with workers on top of wages and pay increases.
Raising the minimum wage and strengthening overtime rules. Hillary believes we are long overdue in raising the minimum wage. She has supported raising the federal minimum wage to $12, and believes that we should go further than the federal minimum through state and local efforts, and workers organizing and bargaining for higher wages, such as the Fight for 15 and recent efforts in Los Angeles and New York to raise their minimum wage to $15. She also supports the Obama administrations expansion of overtime rules to millions more workers.
Reform our tax code so the wealthiest pay their fair share. Hillary supports ending the carried interest loophole, enacting the Buffett Rule that ensures no millionaire pays a lower effective tax rate than their secretary, and closing tax loopholes and expenditures that benefit the wealthiest taxpayers to pay for her plan to make college affordable and refinance student debt.
https://www.hillaryclinton.com/issues/plan-raise-american-incomes/
rhett o rick
(55,981 posts)workers on top of wages and pay increases. " So who pays the workers their share of profits? Not the corporation, but the taxpayers to make up for the "tax credit". This is how she pays for her "plan". Not requiring the coroprations to spend a dime but giving them more and more "tax credits". You realize that corporations like GE get so many "tax credits" that we end up paying them out of our tax money.
Her min wage increase is an insult. The corporations love her for it and give her money for her personal fortune. $12 is an insult. It's no where near a living wage. It wouldn't even catch up with some states. So who ends up helping support the working poor? Not the corporations, not Walmart, but once again the taxpayers.
She is a friend of Goldman-Sachs and not the lower classes.
SunSeeker
(51,545 posts)That is why most progressive economists support Hillary. Like Rick Hanauer, she is appealing to business owners to make changes because it will be in their own interest. That makes her a friend of the working class, like Hanauer.
Kittycat
(10,493 posts)They get another tax credit!
And at $12/hr, it's more fodder for those wanting to cut public support, despite companies not paying a living wage.
elljay
(1,178 posts)Under her plan, or at best whatever minimal raises, if any, would be required to qualify. I guarantee you that we would get only profit-sharing as a replacement for our raises. We'd make the same amount of money and the corporations would get a 15% tax break. I suspect you don't work for a corporation- I do and know quite well how they work.
noiretextatique
(27,275 posts)The point is; who gets screwed over...again...by these grand bargains.
Red Oak
(697 posts)Land of Enchantment
(1,217 posts)HughBeaumont
(24,461 posts)All this doomsday talk about automation and offshoring killing millions upon millions of jobs, doing "more with less", whole fields going away . . . yeah, search me how their precious re-branded Feudalism continues with swaths of people with no disposable income and no viable means of earning any more, but I imagine they have a plan that involves islands and paid mercenaries.
Rex
(65,616 posts)Some in this country are too greedy and lack enough morals to admit the truth, like this billionaire did. They want to keep the poor in their place, so they can continue sucking the last drop of blood from the middle class.
gordyfl
(598 posts)when they said Bernie's campaign would putter out like Howard Dean.
I didn't buy Into the only reason Bernie won New Hampshire was because its neighbor was Vermont.
We were told Bernie could never ever accumulate more than 30% of the vote.
Bernie would be gone by the time we reached Iowa.
Bernie wouldn't have enough money to compete, they said.
On and on they go...
treestar
(82,383 posts)They are doing well enough for themselves and like to think they made their own opportunities and worked hard and shouldn't be taxed to pay for anything for anyone who didn't have the same good luck. And there are enough of them and they vote.