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<blockquote data-quote="rickyb" data-source="post: 2462843" data-attributes="member: 56035"><p>cc: FOS</p><p></p><p>btw robert reich wants a regulated capitalism, he doesnt want to get rid of it unfortunately. and after he supported bernie, he supported hillary clinton vs trump and said "she'd make a good president" which he knew better but said probably because he was labor secretary under bill clinton.</p><p></p><p><a href="https://www.theguardian.com/commentisfree/2016/nov/10/democrats-working-class-americans-us-election" target="_blank">Democrats once represented the working class. Not any more | Robert Reich</a></p><p></p><p>"</p><p>The <strong>Democratic party once represented the working class.</strong> But over the last three decades the party has been taken over by Washington-based fundraisers, bundlers, analysts, and pollsters who have focused instead on raising campaign money from corporate and Wall Street executives and getting votes from upper middle-class households in “swing” suburbs.</p><p></p><p>Democrats have occupied the White House for 16 of the last 24 years, and for four of those years had control of both houses of Congress. But in that time they failed to reverse the decline in working-class wages and economic security. Both Bill Clinton and Barack Obama ardently pushed for free trade agreements without providing millions of blue-collar workers who thereby lost their jobs means of getting new ones that paid at least as well.</p><p></p><p>They stood by as corporations hammered trade unions, the backbone of the white working class – failing to reform labor laws to impose meaningful penalties on companies that violate them, or help workers form unions with simple up-or-down votes. Partly as a result, union membership sank from <a href="http://t.umblr.com/redirect?z=http%3A%2F%2Fwww.bls.gov%2Fnews.release%2Funion2.nr0.htm&t=MzkwZTMyZjNkNGViZDAyNWZhNDk0YWIwZTZlMTQxOWQ3MDBkMzIxZixFdTBacFMxcA%3D%3D" target="_blank">22%</a> of all workers when Bill Clinton was elected president to less than <a href="http://t.umblr.com/redirect?z=http%3A%2F%2Fwww.bls.gov%2Fnews.release%2Funion2.nr0.htm&t=MzkwZTMyZjNkNGViZDAyNWZhNDk0YWIwZTZlMTQxOWQ3MDBkMzIxZixFdTBacFMxcA%3D%3D" target="_blank">12%</a> today, and the working class lost bargaining leverage to get a share of the economy’s gains.</p><p></p><p>Bill Clinton and Obama also allowed antitrust enforcement to ossify – with the result that large corporations have grown far <a href="http://t.umblr.com/redirect?z=https%3A%2F%2Fwww.whitehouse.gov%2F...%2F20151016_firm_level_persp...&t=Njc1MTBlNWFhNGQzNjZhZjYwOTRhNzllNzhlZTE3YzMyYmZhMjkwMixFdTBacFMxcA%3D%3D" target="_blank">larger</a>, and major industries more concentrated. The unsurprising result of this combination – more trade, declining unionization and more industry concentration – has been to shift political and economic power to big corporations and the wealthy, and to shaft the working class.</p></blockquote><p></p>
[QUOTE="rickyb, post: 2462843, member: 56035"] cc: FOS btw robert reich wants a regulated capitalism, he doesnt want to get rid of it unfortunately. and after he supported bernie, he supported hillary clinton vs trump and said "she'd make a good president" which he knew better but said probably because he was labor secretary under bill clinton. [URL="https://www.theguardian.com/commentisfree/2016/nov/10/democrats-working-class-americans-us-election"]Democrats once represented the working class. Not any more | Robert Reich[/URL] " The [B]Democratic party once represented the working class.[/B] But over the last three decades the party has been taken over by Washington-based fundraisers, bundlers, analysts, and pollsters who have focused instead on raising campaign money from corporate and Wall Street executives and getting votes from upper middle-class households in “swing” suburbs. Democrats have occupied the White House for 16 of the last 24 years, and for four of those years had control of both houses of Congress. But in that time they failed to reverse the decline in working-class wages and economic security. Both Bill Clinton and Barack Obama ardently pushed for free trade agreements without providing millions of blue-collar workers who thereby lost their jobs means of getting new ones that paid at least as well. They stood by as corporations hammered trade unions, the backbone of the white working class – failing to reform labor laws to impose meaningful penalties on companies that violate them, or help workers form unions with simple up-or-down votes. Partly as a result, union membership sank from [URL='http://t.umblr.com/redirect?z=http%3A%2F%2Fwww.bls.gov%2Fnews.release%2Funion2.nr0.htm&t=MzkwZTMyZjNkNGViZDAyNWZhNDk0YWIwZTZlMTQxOWQ3MDBkMzIxZixFdTBacFMxcA%3D%3D']22%[/URL] of all workers when Bill Clinton was elected president to less than [URL='http://t.umblr.com/redirect?z=http%3A%2F%2Fwww.bls.gov%2Fnews.release%2Funion2.nr0.htm&t=MzkwZTMyZjNkNGViZDAyNWZhNDk0YWIwZTZlMTQxOWQ3MDBkMzIxZixFdTBacFMxcA%3D%3D']12%[/URL] today, and the working class lost bargaining leverage to get a share of the economy’s gains. Bill Clinton and Obama also allowed antitrust enforcement to ossify – with the result that large corporations have grown far [URL='http://t.umblr.com/redirect?z=https%3A%2F%2Fwww.whitehouse.gov%2F...%2F20151016_firm_level_persp...&t=Njc1MTBlNWFhNGQzNjZhZjYwOTRhNzllNzhlZTE3YzMyYmZhMjkwMixFdTBacFMxcA%3D%3D']larger[/URL], and major industries more concentrated. The unsurprising result of this combination – more trade, declining unionization and more industry concentration – has been to shift political and economic power to big corporations and the wealthy, and to shaft the working class. [/QUOTE]
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