Monday, February 05, 2018

More Reasons We Need Sanders Wing Policies

Sanders' platform addressed several areas that have been problematic, and not addressed adequately by the Obama / Clinton wing of the Democratic party.

1. Financial Bubbles
Discussion at EschatonBlog :
Bubbles are the problem with the financial markets. Bursting them is painful, but better sooner than later. Bitcoin is the obvious current example, but the stock markets have been in severe bubble territory for some time.

But when bubbles do burst, it is problematic for everyone, whereas their inflation manages to benefit those with the most resources to get into markets.

Yes. That's one of the problems I've had with mainstream Dem, as well as Republican, policies. After dotcom and housing, we should have learned some lessons about these financial bubbles. I guess Dodd-Frank was better than nothing, but it hasn't prevented more potentially damaging financial bubbles.
2. Health Care and Tuition Inflation
Kevin Drum notes that tuition and medical expenses have risen much faster than the general rate of inflation in recent years.

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