Another year older, another year "wiser"? I see my last blog post and think, "do I always try to start this up again around mid-year"? 2015-16 was big for me. I was married in August of '15, moved to the CT suburbs in October '15, and changed jobs to CBS Sports in March '16. My commute has dramatically increased but so has my time for personal development and learning.
The Presidential Election media coverage has taken up a number of my train rides recently. The primaries are coming to a close with Hillary and Drumpf leading their respective parties and I believe wealth inequality is a major issue for 2016. This was the same subject, different topic in 2008 when we had to bailout the banks following their greed and corruption. It is important to understand the issue and how the candidates are addressing it. Below is a great video and read I came across today by Vox. Thank you Vox!
Wealth Inequality Explained
Vox also has a great article and cartoon explaining this.
"So how do the 2016 candidates talk about wealth inequality?
Sanders has a 13-point plan that directly addresses it. He proposes arguably the most progressive tax policy we've ever seen from a modern presidential candidate, while increasing social programs that largely help low- and middle-income households.
Hillary Clinton has an eight-point plan to increase wages for the middle class. While Clinton's tax policy isn't all that different from President Obama's, several parts of her platform address wealth inequality, either through education or jobs.
Meanwhile, presumptive Republican nominee Donald Trump has positions and issues that don't really address wealth inequality. He does promise tax relief for the middle class, but this is while also giving even bigger tax breaks to the wealthy — and all the while increasing spending. (This cartoon explains how irresponsible that is.)
In short, Trump's proposals would almost certainly exacerbate wealth inequality
If making America great again involves reducing income inequality and bringing back a strong middle class in the way it was done during The Great Compression, Trump has failed to outline a roadmap."
If only we could bring Teddy back to run for that elusive third term he always tried for.