As corporate profits soar, and as billionaires become even richer, working class Americans are falling further behind. This, sadly, is not a new reality. Tragically, despite huge increases in worker productivity, real inflation adjusted wages for American workers are lower today than they were nearly 50 years ago. During that period there has been a multi-trillion dollar redistribution of wealth that has gone from the middle class to the top 1 percent, and we now have more income and wealth inequality than at any time in American history. Unbelievably, CEOs of major corporations now make almost 400 times what their average workers make. Given the economic pain facing working families, many voters are asking themselves which party will better fight for legislation that will improve life for ordinary Americans. As the longest serving Independent in the history of Congress, someone who caucuses with Senate Democrats, let me give you my best answer. First, let me admit that the Democratic Party is far from perfect. Too many Democratic members of Congress have been unwilling to stand up to the big money interests that dominate Washington and fight for working families. That’s why we need at least 52 Democrats in the Senate. But here is the simple reality: the Republicans in Congress are far worse when it comes to addressing the needs of the working class.
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "As corporate profits soar, and as billionaires become even richer, working class Americans are falling further behind. This, sadly, is not a new reality. Tragically, despite huge increases in worker productivity, real inflation adjusted wages for American workers are lower today than they were nearly 50 years ago. During that period there has been a multi-trillion dollar redistribution of wealth that has gone from the middle class to the top 1 percent, and we now have more income and wealth inequality than at any time in American history. Unbelievably, CEOs of major corporations now make almost 400 times what their average workers make. Given the economic pain facing working families, many voters are asking themselves which party will better fight for legislation that will improve life for ordinary Americans. As the longest serving Independent in the history of Congress, someone who caucuses with Senate Democrats, let me give you my best answer. First, let me admit that the Democratic Party is far from perfect. Too many Democratic members of Congress have been unwilling to stand up to the big money interests that dominate Washington and fight for working families. That’s why we need at least 52 Democrats in the Senate. But here is the simple reality: the Republicans in Congress are far worse when it comes to addressing the needs of the working class." in the context of "" to mean that wisdom is timeless.
Tags
About Bernie Sanders