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The Economy/Government is broken

by JD Washington
August 24, 2022
in Politics

Fox News has an interesting opinion article that posted yesterday by Senator, and Presidential-candidate, Bernie Sanders. In the article, Sanders discusses his concerns with income inequality and other economic concerns. He spends much of the article outlining how Trump is a failure, blaming Trump for the same rhetorical arguments that were staples of the 2016 election cycle. Amid all of his socialist concerns, one thing really stands out as he closes the article when Sanders says, “Together, we can and must create an economy and government that works for all Americans and not just the 1 percent.”

The argument that the economy and government only works for the top 1 percent of Americans is an interesting one, especially based on the NY Times article where it’s identified that Senator Sanders himself is in the 1 percent. Sanders is arguing against the government and economy that helped him attain his wealthy status. Ann Schmidt has a great article over at Fox News which outlines where Senator Sanders income was derived. Sanders claims that his books have been what makes him a millionaire. These are the same books that relied on the US economy for the publishing, printing and distribution of the books. The same books relied on the free market to allow individuals to choose to purchase this book with their money. So not only did Sanders become part of the 1 percent through the very economy he states is “not working,” he’s now also part of the 1 percent he claims is the problem with the country.

If you look at the full picture, Sanders positioning himself as the best candidate to represent the “oppressed American people” is quite interesting. Median household income in 2017 reached a new high. Senator Sanders income alone was $174,000 in 2017. In fact, Senator Sanders has made over $160,000 annually since elected to the Senate in 2006. Sanders was elected to the US House of Representatives in 1990 and in his first year in office the salary for a US Representative went up to $125,100. Median household income in the same timeframe was $50,200.

It’s hard for Senator Sanders to argue that he is the best to represent the people against the 1 percent when he has lived above the average American family and is part of the 1 percent himself. His version of economics is hard to imagine. The ideas of Medicare for all and drug price regulation may sound appealing on the surface, but with a national debt that is over $22 trillion dollars, we simply cannot afford expansion of government programs on this scale. Senator Sanders, why not remove regulations and free the economy so everyone can enjoy the benefits? It obviously worked for you.


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