Friday, March 25, 2016

Democratic Presidential Candidate Bernie Sanders (2016)

STATEMENT ABOUT INCOME INEQUALITY

 “Today, we live in the richest country in the history of the world, but that reality means little because much of that wealth is controlled by a tiny handful of individuals.
“The issue of wealth and income inequality is the great moral issue of our time, it is the great economic issue of our time, and it is the great political issue of our time.

               “The reality is that since the mid-1980s there has been an enormous transfer of wealth from the middle class and the poor to the wealthiest people in this country. That is the Robin Hood principle in reverse. That is unacceptable and that has got to change.

              
Just as the commandment Thou shalt not kill sets a clear limit in order to safeguard the value of human life, today we also have to say thou shalt not to an economy of exclusion and inequality. Such an economy kills. How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points? Pope Francis

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There is something profoundly wrong when 58 percent of all new income since the Wall Street crash has gone to the top one percent.

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Despite huge advancements in technology and productivity, millions of Americans are working longer hours for lower wages. The real median income of male workers is $783 less than it was 42 years ago; while the real median income of female workers is over $1,300 less than it was in 2007. That is unacceptable and that has got to change.


                 “There is something
 profoundly wrong when we have a proliferation of millionaires and billionaires at the same time as millions of Americans worklonger hours for lower wagesand we have the highest childhood poverty rate of nearly any developed country on earth.

                  “There is something profoundly wrong when one family owns more wealth than the bottom 130 million Americans.

                   “The reality is that for the past 40 years, Wall Street and the billionaire class has rigged the rules to redistribute wealth and income to the wealthiest and most powerful people of this country.

                    “This campaign is sending a message to the billionaire class: “you can’t have it all.” You can’t get huge tax breaks while children in this country go hungry. You can’t continue sending our jobs to China while millions are looking for work. You can’t hide your profits in the Cayman Islands and other tax havens, while there are massive unmet needs on every corner of this nation. Your greed has got to end. You cannot take advantage of all the benefits of America, if you refuse to accept your responsibilities as Americans.”