How to revive the American Dream

[n2doc]

By Elizabeth Warren and Bill de Blasio

In this land of big dreams, there was never a dream bigger or more important than the one so deeply rooted in our values that it became known as the American Dream. Across generations, Americans shared the belief that hard work would bring opportunity and a better life. America wasn’t perfect, but we invested in our kids and put in place policies to build a strong middle class.

We don’t do that anymore, and the result is clear: The rich get richer, while everyone else falls behind. The game is rigged, and the people who rigged it want it to stay that way. They claim that if we act to improve the economic well-being of hard-working Americans — whether by increasing the minimum wage, reining in lawbreakers on Wall Street or doing practically anything else — we will threaten economic growth.

They are wrong.

That thinking is backward. A growing body of research — including work done by Nobel Prize-winning economist Joseph Stiglitz and the Roosevelt Institute — shows clearly that an increasing disparity between rich and poor, cronyism and an economic system that works only for those at the top are bad for the middle class and bad for our economy.

more

http://www.washingtonpost.com/opinions/how-to-revive-the-american-dream/2015/05/06/a583c94c-f323-11e4-b2f3-af5479e6bbdd_story.html?tid=rssfeed

[daleanime]

1. K&R.....

[mother earth]

2. We need to listen to our economists.

Stiglitz, Hudson, Krugman, Reich, Wolff, etc., are all telling us the same truth, our future is bleak if we do not address poverty and inequality, monetary reform. We can have a system that is not parasitic. History has taught us lessons that we have forgotten to our own peril. It's time to start realizing all of the problems we face are tied to economic policy that profits off of debt and in essence, slavery.

We need to support candidates that are willing to go up against the Goliaths that have been intentionally created to siphon wealth off the backs of the middle class and poor, that benefit only a tiny uber wealthy elite.

[merrily]

3. Sanders thinks the middle class could disappear within one more generation.

He said that's why he is running. Well, that and Warren did not run.