Thank you all very very much for being out here today. Let me just make a brief comment and take a few questions. We don’t have an endless amount of time. I have to get back. Let me just say this. This country today in my view, has more serious crises than any time since the Great Depression of the 1930s. For most Americans, their reality is that they are working longer hours for lower wages. In inflation-adjusted income, they are earning less money than they used to, years ago, in spite a huge increase in technology and productivity. bernard sanders 2016 announcement speechSo, all over this country, I have been talking to people, and they say, “How does it happen? I’m producing more, but I’m working longer hours for lower wages. My kid …show more content…
And, my conclusion is that that type of economics is not only immoral, is wrong, it is unsustainable. It can’t continue. We can’t continue having a nation in which we have the highest rate of childhood poverty of any major nation on Earth, at the same time as we’re seeing a proliferation of millionaires and billionaires. So, that’s the major issue. The major issue is how do we create an economy that works for all of our people rather than a small number of billionaires, and the second issue, directly related, is the fact that as a result of the disastrous Supreme Court decision on Citizens United, we now have a political situation where billionaires are literally able to buy themselves elections and candidates. Let’s not kid ourselves. That is the reality right now. So, you’ve got the Koch Brothers and other billionaire families who are prepared to spend hundreds and hundreds of millions of dollars in elections to buy the candidates of their choice, often extreme right wing candidates. I am the former chairman of the Senate Veterans Committee, and I can tell you that I don’t believe that the men and women who defend American democracy fought to create a situation where American billionaires own the political process. That’s a huge issue that we’ve got to deal …show more content…
I grew up in a family that did not have a lot of money. My dad came to this country at the age of 17, dropped out of high school, never made any money. My mother graduated high school. We didn’t have a whole lot of books in the house. It was my brother who actually introduced me to a lot of my ideas. So, I hope my brother does very well in his race for Parliament in the UK. [Question] Absolutely not. No, that’s a fair question, and let’s be clear. To say that people disagree on issues, and the point of these issues, that’s what a debate is about. That’s what democracy is about. So, no, certainly I would be doing that. What I’m saying is, you know this better than I do, is turn on these vicious 30-second ads, and vicious personal attacks against other candidates, I think the American people are sick and tired of it and I’ve never done it in my life. [Question] I think what is more fair game for my campaign is the role of money in politics. Where are the conflicts of interest, when the Koch brothers are going to be spending 900 million dollars in this campaign, making a lot of their money from fossil fuel, and having a platform which, as I understand it, calls for the elimination of Social Security and Medicare and Medicaid, ideas which are increasingly palatable to my Republican colleagues. That’s a conflict of
“More children are living below the poverty line in the United States that in any other developed country.” This statement made by Dan Brown is eye opening to say the least. America, the land of opportunity, is failing its citizens which have had a monstrous effect on American children. Although, many may think our economy has rebounded in recent years which would lead to a decrease in children below the poverty line, the trend of children below the poverty line has been on the rise which is in desperate need to make a turn for the better. There are solutions to this crisis such as creating jobs, paid leave and sick days, and increased education.
“Despite huge advancements in technology and productivity, millions of Americans are working longer hours for lower wages. The real median income of male workers is $783 less than it was 42 years ago; while the real median income of female workers is over $1,300 less than it was in 2007. That is unacceptable and that has got to change.”
According Forbes Magazine, in the year 2010, a year that was not even a presidential election, the Koch brothers contributed over $45,000,000 to campaigns through a group they deemed “Americans for Prosperity” (Poole). With this money going towards the men in congress almost any legislation proposed by President Obama has been stalled, resulting in what is known as a policy gridlock. Whatever the case, seeing the huge money being contributed by individuals or their businesses, makes the campaigns run by people such as Donald Trump or Bernie Sanders more admirable for not being bought out by big money.
It is time that the voters are the only one’s deciding elections. Candidates should be running on issues, not money. They should not be allowed to get money from wealthy investors, who keep the playing field unlevel. Any person who wants to run for office, and is qualified to run for office, should be able to regardless if they have a lot of money to set up a campaign or not. It is time for Campaign Finance Reform.
There is no doubt that wealth inequality in America has been escalating quickly; the portion of total income earned by the top one percent has doubled since the beginning of the 1970’s. The wealthy are the main beneficiaries
While public outcry has produced groups such as the Tea Party, who claim to favor nontraditional politics, it’s important to note that wealth is an important factor in campaigning. A person of modest income will find it more difficult to run for office than a person of a wealthy background. A person with wealth, by nature, runs in the same groups with his or her income level, and therefore has more access to raising money than a person who is not from a higher income level. A person who is not wealthy would have to do more fundraising, and acquire either larger contributions or small contributions from a greater number of people.
I've heard from so many of you about the difficult choices you face and the stresses that you're under. So let's have paid family leave, earned sick days. Let's be sure we have affordable child care and debtfree college. How are we going to do it? We're going to do it by having the wealthy pay their fair share and close the corporate loopholes.
“For a lot of Americans, simply having a job no longer means you’ll be able to support a family or pay for your basic needs. We have a low-wage recovery and most new jobs in the next decade are expected to follow
Politicians run campaigns to gain support from voters and donors so that they can win an election. However, running campaigns require money, which is provided by many corporations to the political parties. In 2010, the Supreme Court made a decision in Citizens United v. FEC where companies can contribute to political parties during elections. The court ruled “that the First Amendment protected the right of corporations and unions to spend money on political speech” (NPR Staff 1).
Therefore, in order to make the American Dream achievable to everyone, income wages must increase for those in the lower class and government welfare should be provided to all Americans in order to increase the opportunity of social mobility. Though income inequality may seem as an inevitable issue that just happens to plague many Americans who choose to work in blue collar jobs, current economic inequality is more realistically the result of unfair economic policies that threaten to worsen if they are not immediately addressed. The poor conditions of the workers who work for long hours with little pay demonstrate that America is at a crucial point, and that without immediate action, the country will continue to plunge further downward into
According to the Credit Suisse Global Wealth Databook America is now the most unequal of all advanced economies (Eric Zuesse). The 185 richest families in America are worth 1.2 trillion dollars combined (Dolan and Kroll). Additionally, the 400 richest Americans have more wealth between them than the bottom 185 million (Social Problems 33). Now it is often thought that the one percent in America controls one-third of the nation’s wealth. The sad reality is that the Americans in the top one percent actually control 35.6 percent of the wealth which is more than one-third of the nation’s wealth. What’s even sadder is that the top ten percent of America controls over seventy five percent of the total wealth (Dave Roos). What this means is that the remaining twenty five percent of the nation’s wealth is distributed among ninety percent of the United States population. There are approximately 321 million people in the United States, and approximately 289 million of them are only responsible for twenty five percent of all the nation’s wealth (United States Census Bureau). The inequality gap has increased for a number of reasons. For
One of the biggest issues facing the U.S. today is the lack of a living wage. The level of inequality in the United States today is obscene. According to the National Bureau of Economic Research, the top 1/10 of 1% owns almost
Our government has a wrong perception when it comes to campaigns, it believes that the interests of a business are equivalent to the interests of the American people. The governments point of view is non identical with its people due to the fact that, businessmen invest anything that will help the production, efficiency, and profitability of their company. On the other hand, citizens give money to politicians because that citizen agrees with the politician’s future for America. In January 2010, a decision was made by the Supreme Court which granted corporations to give unlimited amounts of money to politicians. The common argument that is made in favor of corporations is that in denying them unlimited lobbying power, you deny them the right to free speech. This misconception that says that a corporation is a citizen of the United States, creates an
The tremendous growth of income inequality comes with a cost to individuals and to society as a whole. Since inequality means that larger shares increase the wealthy, the poor is affected by the disparity of incomes. The intergenerational community is based on the parent’s income which is a disadvantage to children who want to obtain success. In my perspective, stronger unions and a healthier corporate culture in which CEOs have a stronger relationship with their workers can lead to higher wages. Moreover, the wealthy have strived to earn a better future, but some have exploited the American worker and legal system. Employers must be responsible for protecting their workers and giving them fair wages. In my opinion, the higher education and raising the federal minimum wage can reduce the income gap and unemployment in the United States. Overall, this defining challenge requires steps in narrowing the income disparity in this
faces today is the increasing social and economic inequality on the many aspects of society. The gap between the rich and the poor, and the decreasing number of the middle class all contribute to inequality, which may further divide America. Today’s education system, tax system, social and religious values, and impoverished public sector will soon arrive at a deadlock, where reform will be difficult. This also comes with the unemployment rate declining. The 2008 finical crisis lead to people’s loss of house, jobs, and cars, and drove the unemployment rates to a high ground. The unemployment reduces GDP for the U.S. and slows down the economy. Unemployment also lead to various other problems: the increase of crime, poorer education, less income in the pocket of the majority of Americans.