Is Obama channeling him some Bernie Sanders

[FreakinDJ]

Why You Shouldn't Believe Donald Trump's Plan for Economic Growth



Who's right? Democrat Bernie Sanders, who says the system in this country is rigged against the little guy and proposes redistributing wealth and promoting economic growth by more heavily taxing the 1 percent? Or Republican Donald Trump, who would dramatically reduce taxes on businesses and the wealthiest in an effort to spur the gross domestic product (GDP) to 6 percent growth?

According to the Economic Report of the President released on Monday, the resounding answer is Sanders. The 300-page report, which combines the annual analyses of the president's Council of Economic Advisers, takes a deep dive into the financial state of the nation, including an examination of the entrenched problems afflicting the middle class and low-wage workers, such as a drop in home ownership rates and a general decline in opportunities. The picture that emerges suggests that among the world's developed nations, the U.S. is fast becoming one of the least economically mobile.


"In this new economy, workers and start-ups and small businesses need more of a voice, not less," President Obama writes in his opening letter to the report. "The rules should work for them. And this year I plan to lift up the many businesses that have figured out that doing right by their workers ends up being good for their shareholders, their customers, and their communities, so that we can spread those best practices across America."


The administration's solutions include strengthening the progressive tax code, as well as creating new programs that insulate workers from the increasing vicissitudes of the economy. These could include wage insurance, or giving opportunities to the most economically disenfranchised such as pre-kindergarten education, free community college, and a higher minimum wage.

http://www.inc.com/jeremy-quittner/bernie-sanders-is-right-about-the-economy-being-rigged.html

You can find Pres Obama's economic report here
https://www.whitehouse.gov/sites/default/files/docs/ERP_2016_Book_Complete%20JA.pdf

[ladjf]

1. If Obama wanted to do something wonderful for America, he could throw his

full support to Bernie. nt

[JI7]

2. He will if Sanders wins the nomination

[ladjf]

3. I fear that would be too late. nt

[Jitter65]

4. Free Community College has been Clinton's policy for a long time. Free public college is

where Bernie is at. Hillary was on this bandwagon a long time as well as for early childhood education AND free and subsidized childcare.