- wants to come down on the big Wall Street banks that were responsible for the worst economic crash since the Great Depression.
- thinks that it’s ridiculous our government is making billions from issuing student loans.
- believes workers in America should be paid a living wage so that they don’t need government programs to survive.
Stances like those shouldn’t be a “Democrat” or “Republican” thing, they’re just common sense.
She’s a senator who honestly seems to care about fighting for the poor and middle class against those who are doing their best to buy and lobby control of our government.
That’s the kind of politician all Americans should want – though, unfortunately, that’s not the case.
Well, Warren crushed the ridiculous GOP-supported notion of trickle-down economics during a Wednesday speech at the Center for American Progress.
“The Republicans have a pretty simple philosophy: they say if those at the top have more, more power for Wall Street players to do whatever they want and more money for tax cuts than somehow they can be counted on to build the economy for everyone else,” Warren said. “Well, we tried it for 30 years and it didn’t work. In fact the consequences were nearly catastrophic.”
“We tested the Republican ideas and they failed, they failed spectacularly. There’s no denying that fact,” she continued. “We know the importance of accountability on Wall Street, the benefits of having a better educated work force. The advantages that come from investments of high-speed rail and medical research.”
And she’s exactly right. We’ve been force-fed trickle-down economics since the early-80’s and it hasn’t worked. The rich are richer than they’ve ever been while the poor and middle class continue to fall further and further behind. After eight years of George W. Bush cutting taxes and deregulating Wall Street, our economy finally hit a breaking point and damn near collapsed. And those are the same failed policies the Republican party wants to return us to. Tax breaks for the rich, less regulation on Wall Street and a guaranteed path to another massive economic breakdown.
It makes absolutely no sense.
I just wish more Democrats would grow a spine and follow Warren’s lead, because she has the backbone to fight against Republican absurdity that far too many Democrats lack.