2016 Postmortem
In reply to the discussion: * Bernie Sanders vs. Hillary Clinton, the 99% vs Bankers, here in the US and abroad -- does Greece [View all]PatrickforO
(14,570 posts)And, if you'll recall, many prominent economists were all for a second stimulus to follow up ARRA, but the Republicans dug in and the Third Way Dems started acquiescing.
What these two screen prints show is a profound difference between the two in their understanding of how a national economy works. Austerity has been BAD for the United States, and has been proven by history to be BAD for everyone else. The bottom line is we spend WAY too much feeding Wall Street and the Military-Industrial Complex, and don't spend NEARLY ENOUGH of OUR tax dollars on things that help US.
Unfortunately, Hillary Clinton has repeatedly shown neoliberal tendencies while Bernie Sanders has not.
On the issues, I like Bernie pretty much on everything, but I like him BEST on his stance on getting these corporations who have offshored trillions of dollars and not paid a dime in US income tax since 2008. I also like the way he is advocating a miniscule trade tax on Wall Street. My son is in finance and he tells me that lots of the volume on the stock exchanges happens when 'bots owned by the big investment houses practice arbitrage. Every minute, there are literally thousands of these mechanical transactions where they are picking up maybe 1/10 of a cent per share - a minute tax on trading of this kind is a very solid idea.