Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
Related: About this forumBernie Sanders Will Make the Economy Great Again
Bernie Sanders Will Make the Economy Great AgainLiberal critics like Paul Krugman argue that Sanderss economic platform is unrealistic.
They are dead wrong.
Robert Pollin
March 29, 2016
(The Nation) Does Bernie Sanderss economic program amount to pie-in-the-sky nonsense? The short answer is no. All of his major proposals are grounded in solid economic reasoning and evidence.
But that hasnt stopped a major swath of leading liberal economists and commentators to insist otherwise. Paul Krugman has led these attacks from his New York Times perch, charging repeatedly that Sanders makes outlandish economic claims, embraces deep voodoo economics, is not ready for prime time, and so forth. A recent Washington Post article by columnist Steven Pearlstein cites several other liberal economists criticizing Sanderss support for Scandinavian-style social democratic policies, concluding that his program promises all the good parts of the Scandinavian model without any of the bad parts.
Sanderss economic agenda certainly represents a dramatic departure from what has come out of mainstream Democratic Party circles for a generation, to say nothing, of course, of the Republicans. The key elements of Sanderss program include a Medicare-for-all single-payer healthcare system; an increase in the federal minimum wage from $7.25 to $15 an hour; free tuition at public colleges and universities, to be financed by taxing Wall Street transactions; opposition to trade agreements like the North American Free Trade Agreement (NAFTA) that have weakened the wage-bargaining power of US workers; large-scale public investments to build a clean-energy economy and rebuild the crumbling US infrastructure; and strong Wall Street regulations to promote productive investments and job creation over casino capitalism.
But that hasnt stopped a major swath of leading liberal economists and commentators to insist otherwise. Paul Krugman has led these attacks from his New York Times perch, charging repeatedly that Sanders makes outlandish economic claims, embraces deep voodoo economics, is not ready for prime time, and so forth. A recent Washington Post article by columnist Steven Pearlstein cites several other liberal economists criticizing Sanderss support for Scandinavian-style social democratic policies, concluding that his program promises all the good parts of the Scandinavian model without any of the bad parts.
Sanderss economic agenda certainly represents a dramatic departure from what has come out of mainstream Democratic Party circles for a generation, to say nothing, of course, of the Republicans. The key elements of Sanderss program include a Medicare-for-all single-payer healthcare system; an increase in the federal minimum wage from $7.25 to $15 an hour; free tuition at public colleges and universities, to be financed by taxing Wall Street transactions; opposition to trade agreements like the North American Free Trade Agreement (NAFTA) that have weakened the wage-bargaining power of US workers; large-scale public investments to build a clean-energy economy and rebuild the crumbling US infrastructure; and strong Wall Street regulations to promote productive investments and job creation over casino capitalism.
More: http://www.thenation.com/article/bernie-sanders-will-make-the-economy-great-again/
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
5 replies, 1529 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (4)
ReplyReply to this post
5 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Bernie Sanders Will Make the Economy Great Again (Original Post)
Rebkeh
Mar 2016
OP
No, the economy is just fine as it is.... except for the middle class's champion deficiency.
Warren DeMontague
Mar 2016
#5
onehandle
(51,122 posts)1. So he'll make America great again?
Sounds familiar.
Rebkeh
(2,450 posts)2. You'll have to ask the guy that wrote the article nt
beam me up scottie
(57,349 posts)3. Reading is hard.
Wilms
(26,795 posts)4. Hillary Campaign Song
Warren DeMontague
(80,708 posts)5. No, the economy is just fine as it is.... except for the middle class's champion deficiency.
Amirite?