In this piece Reich sees the establishment continuing on after this election, with further cuts to social programs and tax breaks and subsidies to the wealthy. Which will cause yet another crash and the people will finally be fed up to form a third Party. Said Party will draw in the disaffected from the rigged system on all sides and will stand for the following. A nice vision:
"Getting big money out of politics, ending 'crony capitalism,'
abolishing corporate welfare, stopping the revolving door between
government and the private sector, and busting up the big Wall Street
banks and corporate monopolies. The People’s Party also pledged to
revoke the Trans Pacific Partnership, hike taxes on the rich to pay for
a wage subsidy (a vastly expanded Earned Income Tax Credit) for
everyone earning below the median, and raise taxes on corporations that
outsource jobs abroad or pay their executives more than 100 times the
pay of typical Americans."
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.