How Bernie Sanders' Solutions Would Dramatically Improve Wages, Poverty and Inequality

[Ferd Berfel]

http://www.alternet.org/economy/how-bernie-sanders-solutions-would-dramatically-improve-wages-poverty-and-inequality

A handy guide to explain the specifics of Sanders' economic agenda.

Senator Bernie Sanders has proposed an ambitious program of social reform, including regulatory changes to raise wages and protect workers’ rights, progressive tax reforms, and universal health insurance (Improved Medicare for All). Taken together, these policies would not only dramatically increase employment and national income, but would also raise wages, reduce poverty, and narrow the gap between rich and poor Americans.

The Sanders program will end wage stagnation. (See Figure 1.) I project that, under the Sanders program, real wages would grow by 2.5% a year, returning to the growth rates of the late 1990s. Faster wage growth would result from

1) faster economic growth, which would raise wages by improving the bargaining position of workers, and
2) government regulations restoring the real value of the minimum wage and protecting workers’ rights to overtime pay, equal pay for women, and workers’ right to organize unions.

In addition, universal health insurance financed through progressive taxation would lift the burden of health insurance premiums off workers and employers, freeing up employers’ expenses on labor to be paid in higher money wages.



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What's Hillary's Plan?

[revbones]

1. Does "more of the same" or "trickle down" count? That's her plan anyway. n/t

[LWolf]

2. K & R

[vintx]

3. K&R

[rhett o rick]

4. Clinton's plan is the rising tides plan. Improve the economy for all, which is code for "Same ole

Shit". We've had a great economy for the last 30 years. Great for the wealthy that is. The Clintons have made well over $100,000,000 in about 15 years. But the 99% have moved backwards.

When Clinton says "Rising tides lift all boats" she means yachts.