Democratic Primaries
In reply to the discussion: I'm a Liz Warren fan. Root problem: billionaires influencing politics. Warren will address this. [View all]JayhawkSD
(3,163 posts)1. We seem to be addressing wealth as a problem, but not wealth as it relates to influence on governance. Eliminate the influence of money in politics, we say, by making the wealthy less wealthy. That sounds logical, but it actually is not. Warren proposes to reduce the wealth of the elite by 2% per year, wealth which is growing at something like 7% per year or more. That does not compute.
2. Reducing wealth of the elite by 2% per year is not materially going to reduce the amount of money which the elite give to politicians in order to influence legislation.
3. We have a big problem with the elite offering money to legislators in order to influence legislation, but we do not seem to have a problem with legislators accepting money and altering their votes on legislation in return. We keep reelecting those legislators at an 85% rate, and Elizabeth Warren offers no solution to prevent legislators from accepting money in return for legislation favorable to those offering the money.
In short, while Elizabeth Warren might be a good choice in many respects, nothing that she is offering seems to me be likely to in any way alter the effect of money in governance.
primary today, I would vote for: Undecided