Beware, fellow plutocrats, the pitchforks are coming | Nick Hanauer
"It’s Time to Stop Living the American Scam"
Reposted to fix the video
1,172,866 views Aug 13, 2014
TED
Nick Hanauer is a rich guy, an unrepentant capitalist — and he has something to say to his fellow plutocrats: Wake up! Growing inequality is about to push our societies into conditions resembling pre-revolutionary France. Hear his argument about why a dramatic increase in minimum wage could grow the middle class, deliver economic prosperity ... and prevent a revolution.
...rooster, wrong. Trump lags behind his predecessors on economic growth [...] The Early Economic Records of Presidents from Kennedy to Trump President GDP Business Investment Investment in Equipment Kennedy 7.0% 8.3% 14.2% Johnson 6.3% 10.7% 11.9% Nixon 0.0% -1.6% -0.3% Carter 2.7% 8.2% 12.2% Reagan -2.1% 3.0% -3.0% Bush-1 2.6% 0.5% -0.2% Clinton 3.5% 7.7% 13.5% Bush-2 1.1% -4.7% -6.1% Obama 2.2% 1.5% 14.7% Trump 2.6% 5.9% 9.0% ,, with others .. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142497306
How Democracy in America Can Survive Donald Trump [...] Can the Trump presidency serve as a wake-up call to stimulate the reclaiming and rebuilding of American democracy? Three things will have to happen during the coming year and beyond. First, in order to win back Congress, Democrats will need to build coalitions that reach across political divides, bringing together discontented voters who demand economic fairness and opportunity and reduced inequality, and who can be persuaded to put aside differences on social and cultural issues to achieve these demands. Second, Republicans who have facilitated the Trump attacks on democracy will need to be punished at the polls for their role in promoting polarization and obstruction. The lesson of Federalist Number 10 is that democracy is destroyed by political parties that see issues as winner-take-all power struggles rather than mandates for democratic compromise. .. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138803856
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