Insight of Senator Sanders

The Sanders statement on the 2016 presidential election result and his future conduct regarding the president-elect.

“Donald Trump tapped into the anger of a declining middle class that is sick and tired of establishment economics, establishment politics and the establishment media. People are tired of working longer hours for lower wages, of seeing decent paying jobs go to China and other low-wage countries, of billionaires not paying any federal income taxes and of not being able to afford a college education for their kids – all while the very rich become much richer.”

Flashback: Sanders addresses the underestimated probability of a result similar to Brexit happening in the United States.

And it’s not just the British who are suffering. That increasingly globalized economy, established and maintained by the world’s economic elite, is failing people everywhere. Incredibly, the wealthiest 62 people on this planet own as much wealth as the bottom half of the world’s population around 3.6 billion people. The top 1 percent now owns more wealth than the whole of the bottom 99 percent. The very, very rich enjoy unimaginable luxury while billions of people endure abject poverty, unemployment, and inadequate health care, education, housing and drinking water.

Could this rejection of the current form of the global economy happen in the United States? You bet it could.

Meanwhile, in our country the top one-tenth of 1 percent now owns almost as much wealth as the bottom 90 percent. Fifty-eight percent of all new income is going to the top 1 percent. Wall Street and billionaires, through their “super PACs,” are able to buy elections.

Today: Bernie Sanders op-ed in the New York Times, on the recent presidential election, and a better direction for the Democrats to move in. By able to “buy elections,” he refers to the terrible Citizens United Supreme Court ruling from 2010, that should be overturned with a Constitutional amendment immediately.

I am saddened, but not surprised, by the outcome. It is no shock to me that millions of people who voted for Mr. Trump did so because they are sick and tired of the economic, political and media status quo.

Working families watch as politicians get campaign financial support from billionaires and corporate interests — and then ignore the needs of ordinary Americans. Over the last 30 years, too many Americans were sold out by their corporate bosses. They work longer hours for lower wages as they see decent paying jobs go to China, Mexico or some other low-wage country. They are tired of having chief executives make 300 times what they do, while 52 percent of all new income goes to the top 1 percent. Many of their once beautiful rural towns have depopulated, their downtown stores are shuttered, and their kids are leaving home because there are no jobs — all while corporations suck the wealth out of their communities and stuff them into offshore accounts.

Working Americans can’t afford decent, quality child care for their children. They can’t send their kids to college, and they have nothing in the bank as they head into retirement. In many parts of the country they can’t find affordable housing, and they find the cost of health insurance much too high. Too many families exist in despair as drugs, alcohol and suicide cut life short for a growing number of people.

Let’s rebuild our crumbling infrastructure and create millions of well-paying jobs. Let’s raise the minimum wage to a living wage, help students afford to go to college, provide paid family and medical leave and expand Social Security. Let’s reform an economic system that enables billionaires like Mr. Trump not to pay a nickel in federal income taxes. And most important, let’s end the ability of wealthy campaign contributors to buy elections.