Almost immediately post World War II, we had the Korean War.

(In the days when, you know, war helped the economy).

Though the Eisenhower administration, the World War II war tax, to pay for war was still in effect. Also, we had bombed the hell out of our biggest manufacturing competitors, Germany and Japan, so US manufacturing was riding high. So was big oil. And building the US highway system conceived of by FDR put a lot of people to work (as well as literally and figuratively paving the way for a very different way of life in America, building in the suburbs and exurbs, etc., including veteran's housing). So heavy construction, residential constructions and all the industries and sectors that profit from new home construction were booming, too.

These factors and others combined to give us the "guns and butter" economy for which the Golfer in Chief, Eisenhower, gets so much credit. But, given the potential it had, it didn't last all that long.

We had a 'go-go" stock market in the 1960s that reminded some of the market before the 1929 crash. And then we had stagflation in the 1970s. Since the 1970s, real wages have risen very little.

Created an opening for the capitalist class? LMAO.

The capitalist class has been in charge since the days of the East India Company, John Hancock, slave traders, carpetbaggers and weapons and war profiteers like Samuel Prescott Bush (born 1863).

http://en.wikipedia.org/wiki/ Founding_Fathers_of_the_United_StatesFounder's finances, at 1787, were good to excellent, though, as a group, those loyal to the King were wealthier. (Duh)

http://en.wikipedia.org/wiki/Samuel_P._Bush


Why do we act as though the 1% just grabbed hold? (or the 15% or whatever percent they have been at various times since 1607). Why are we perennially brand new? The percentage of the top keeps getting smaller, but the plutocracy is as old as Jamestown.

As for Krugman, he is a good Democratic spokesperson/partisan neoliberal economist.

Bernie: We need a growing middle class

"We need a growing middle class, not one that's been disappearing for forty years. We need a vibrant one person-one vote democracy, not one which is dominated by billionaire campaign contributors. It's time for a political revolution. It's time to make our government work for all of us and not just the 1%"

Senator Bernie Sanders.


Sounds good to me!

11 powerful quotes show why Sen. Sanders is a progressive icon.

I think many people have the mistaken impression that Congress regulates Wall Street. In truth, that's not the case. The real truth is that Wall Street regulates Congress.

World Happiness Report (Spoiler Alert: Apparently, Scandinavians in general are happy).

Elizabeth Warren Praises Bernie Sander's Prez Bid.

Posted in the Warren Group. http://www.democraticunderground.com/12653870

Elizabeth Warren praises Bernie Sanders’ prez bid

This OP will be linked to in the Sanders Group.

Warning: the Boston Herald leans heavily right. However, I don't think it's sleazy enough to doctor a video of Warren speaking; and the story includes such a video.

Saturday, May 2, 2015

Bay State U.S. Sen. Elizabeth Warren welcomed fellow liberal from the north, Vermont U.S. Sen. Bernie Sanders, into the presidential sweepstakes yesterday, even as she continues to resist efforts to draft her into the race.

“I’m glad to see him get out there and give his version of what leadership in this country should be,” Warren said while at Middlesex Community College in Lowell yesterday. “I think that Bernie Sanders is going to play out a vision for America and that it is important for people to hear what he has to say.”

Warren has repeatedly said she will not run for president, despite a nationwide campaign urging her to throw her hat in the ring. Sanders shares many of Warren’s causes, such as breaking up big Wall Street banks, and many see him as the party’s only real chance to force Democratic presidential front-runner Hillary Clinton to tackle more liberal issues.

Super delegates, coronation attempts, disadvantaging candidates with lower name recognition,

manipulating debate schedules to advantage one Democrat over the others.

Ladies and gentlemen, I give you......the Democratic Party.

golf clap

Bernie's Contact Info

The 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.

Hi from a new Populist Reform Group host.

You may or may not have noticed that the roster of Populist Reform Group hosts has expanded. Please do not hesitate to pm me if you see and/or are being bothered by posts inappropriate for this group.

It's a free country, but my personal recommendation is that you do not engage those making these posts. For one thing, good rarely, if ever, comes of it. For another, it further deflects from the topic of the thread. However, one reminder that the person is posting in a group may be appropriate: Wandering into a group accidentally via the Latest or Greatest page is always a possibility.

Happy posting.