Bernie extrapolates from Brexit:
Surprise, surprise. Workers in Britain, many of whom have seen a decline in
their standard of living while the very rich in their country have become much
richer, have turned their backs on the European Union and a globalized economy
that is failing them and their children.
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
http://www.oxfam.org.uk/media-centre/press-releases/2016/01/62-people-own-same-as-half-world-says-oxfam-inequality-report-davos-world-economic-forum
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.
In the last 15 years, nearly 60,000 factories in this country have closed, and
more than 4.8 million http://data.bls.gov/pdq/SurveyOutputServlet well-paid
manufacturing jobs have disappeared. Much of this is related to disastrous
trade agreements that encourage corporations to move to low-wage countries.
Despite major increases in productivity, the median male worker
http://www.census.gov/content/dam/Census/library/publications/2015/demo/p60-252.pdf
in America today is making $726 dollars less than he did in 1973, while the
median female worker is making $1,154 less than she did in 2007, after
adjusting for inflation.
Bernie Sanders: Democrats Need to Wake Up
http://www.nytimes.com/2016/06/29/opinion/campaign-stops/bernie-sanders-democrats-need-to-wake-up.html?_r=0
http://www.nytimes.com/2016/06/29/opinion/campaign-stops/bernie-sanders-democrats-need-to-wake-up.html?_r=0
Bernie Sanders: Democrats Need to Wake Up
http://www.nytimes.com/2016/06/29/opinion/campaign-stops/bernie-sanders-democrats-need-to-wake-up.html?_r=0
The rejection of globalization that powered the Brexit movement could happen
in the United States. And it may help Donald J. Trump.
View on www.nytimes.com
http://www.nytimes.com/2016/06/29/opinion/campaign-stops/bernie-sanders-democrats-need-to-wake-up.html?_r=0
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