Sen. Bernie Sanders on the Failure of Trickle-Down Economics

It is in my humble opinion that Considering the core of the Alliances politics in Sweden was and is” the theory of trickle down economics”. Senator Sanders eloquently points out it does not work. Former Swedish Prime Minister Reinfeldt idolized the USA economics and corporate system. He made it quite clear Bill Clinton was his idol. He started to change Sweden to move into the USA model. Private Medical health insurance is being sold and preferential medical treatment is given to those who can afford it. We can see how under selling of utility companies, privatizing hospitals, schools, medical centers… has had disaster effects here in Sweden. After reading about the TTIP I realize that this was done in preparation to clear the way for this treaty. We should be building and refining what was wrong with the Swedish system that we had before! It is in my humble opinion that the problem was nothing other than bad management and planning. … Streamlining waste by the administrations exorbitant cost and salaries and modernizing our system to meet the countries needs today… You do not throw the baby out with the bath water. I did not say it was a perfect system. The ball is now in the New government to make positive changes in Sweden.

A great speech. Sen. Bernie Sanders, ranking member of the Senate Budget Committee, talks about the failure of trickle-down economics.

In my view there is a war going on in this country. […] against the middle class, against the American standard of living, and against The American Dream. […] The economy is growing in a way that is leaving most of our citizens no better off. […] Left unchecked, widening disparities in wealth and opportunity can give rise to dangerous levels of social unrest. […]

My Republican friends believe that the economy will grow if we just give more tax breaks to millionaires, billionaires, and the largest corporations in America. They refer to this top 1% as the ‘makers’ or the ‘job creators,’ and they insist if we rub their bellies just right, […] we can coax them into building an economy that will work for everyone. That’s called trickle-down economics…

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Posted on January 30, 2015, in politics. Bookmark the permalink. Leave a comment.

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