Theodore's World: Sanders Says Redistribution More Important Than Growth, gets agreement from The Washington Post

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July 14, 2015

Sanders Says Redistribution More Important Than Growth, gets agreement from The Washington Post

Socialist presidential candidate Bernie Sanders believes that redistribution is more important than economic growth. Sanders obviously doesn’t understand economics or America, even at the advanced age of 73.

The Washington Post posted an approving piece today about what presidential candidate Bernie Sanders is willing to sacrifice to achieve “a more equal society” – economic growth.

Jim Tankersley, who covers economic policy for WaPo, is excited about Sanders’ maverick “unorthodoxy” that is tapping into “the mounting frustration in America, particularly among more liberal voters, with the widening gap between the rich and everyone else.”

“Our economic goals have to be redistributing a significant amount of [wealth] back from the top 1 percent,” Sanders said in a recent interview. “Unchecked growth – especially when 99 percent of all new income goes to the top 1 percent – is absurd”:

Where we’ve got to move is not growth for the sake of growth, but we’ve got to move to a society that provides a high quality of life for all of our people. In other words, if people have health care as a right, as do the people of every other major country, then there’s less worry about growth. If people have educational opportunity and their kids can go to college and they have child care, then there’s less worry about growth for the sake of growth.

Tankersley asserts that “many liberal economists, including some close to [Hillary] Clinton, contend that some policies designed to reduce inequality will in fact spur faster growth.”

Socialist Sanders has “an agenda,” Tankersley continues, “that includes sharply raising tax rates on the highest earners, increasing government spending by $1 trillion to rebuild infrastructure and create millions of jobs, and renegotiating America’s international trade agreements in hopes of boosting domestic workers.”

Wild Thing's comment.............

To quote former British PM Margaret Thatcher, “the problem with socialism is that you eventually run out of other people’s money.”

Posted by Wild Thing at July 14, 2015 12:50 AM


Bernie is no more socialistic then the Marxists obama or Hillary.

Posted by: TomR,armed in Texas at July 14, 2015 01:30 PM