What Would Sanders Do? An Analysis of His Proposals

[Ferd Berfel]

http://www.truth-out.org/news/item/34675-what-would-sanders-do

Taken together, Bernie Sanders' 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.

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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[onehandle]

1. He would spend his one term vetoing legislation from an antagonistic congress.

But he would be free to raise unicorns.

[daleanime]

2. And Hillary wouldn't?

[EmperorHasNoClothes]

3. I guess Hillary would just go ahead and sign all that legislation?

[daleanime]

6. Definitely would be willing to sign off on.....

a bunch of items we don't want.

[Nanjeanne]

4. What? An Economist with a PhD from Harvard? And using actual CBO figures?

And Sanders plans would reduce poverty, reduce inequality, pay for shared benefits, push wages up?

But but but but but but I'm sure Krugman will disagree. So this can't be right. And don't forget . . .

"socialist" "revolution" "shouter" "radical" . . .

[Ferd Berfel]

5. Couldn't have said it better

[daleanime]

7. And we're the ones....

who can't face reality? It drives me nuts, it's so simple. Is there any better investment for Americans to make then their fellow Americans?

[kristopher]

8. Yes, we will. nt