Robert Reich: Why Bernie’s Proposals Would Spur Economic Growth

[Ferd Berfel]

http://robertreich.org/post/139547626540

Robert Reich:

A few days ago, Neel Kashkari – now president of the Federal Reserve Bank in Minneapolis, who was the senior Treasury Department official in the George W. Bush and Obama administrations helping to save the big Wall Street banks – said “I believe the biggest banks are still too big to fail and continue to pose a significant, ongoing risk to our economy,” and called for them to be broken up. “The question is whether we as a country have the courage to actually take action now.”

That seems to me to be the question on a lot of fronts. Our health costs continue to rise and are about to soar as boomers need more health care. A single-payer system is necessary to restrain those costs and provide the care people need. Anyone who still harbors doubts should take a look at these studies: http://www.pnhp.org/facts/single-payer-system-cost .

It’s the same with widening inequality and structural discrimination.

[Uncle Joe]

1. Kicked and recommended.

Thanks for the thread, Ferd Berfel.

[Jarqui]

2. This is a notable quote by Reich (that your heading alludes to):

As Bernie Sanders has said, taking action on all these fronts would therefore spur growth, employment, and median incomes. (In this respect, I disagree with the views of four former chairs of the Council of Economic Advisors from the Clinton and Obama administrations.)

The question is whether we as a country have the courage to actually take action now.

Giving money to the middle class will help the economy. Lowering healthcare costs helps everyone except the insurance companies and to a smaller degree maybe, some of the high cost providers.

[Ferd Berfel]

3. Actually that's Reich's headline

from his blog.

[Lorien]

4. K & R

[RiverLover]

5. R & K for truth

Fighting the spin the establishment puts out on so many fronts really is David vs Goliath. We're so outnumbered.