Will Senator Elizabeth Warren’s political economic populist movement change US economics and politics now and in the future? In the one year since Elizabeth Warren first arrived in the Senate, the kindly looking Midwestern-born, but Massachusetts based, Harvard University professor, academic, author, banking and financial industry expert, reluctant politician grandmother has become an unlikely media sensation and policy making force. Remember her first major Senate meeting? It was her Senate floor speech about why government matters may have been one of the final impetus, along with the on-going Republican blocking of President Obama’s judicial and agency nominees for the change in the Senate filibuster rules. Her speech is the best explanation of what government is and should be doing, as well as a scolding of the Senate’s “business as usual” approach. Senate Republicans, you can’t say the Senior Senator from Massachusetts didn’t warn you. --------------------------------------- ----- Elizabeth Warren is the voice of the middle and lower classes, those who believe the system is rigged against them. The voice of all those who feel frustrated with, but powerless to change the government of self-imposed inaction, unjustifiable fiscal limits protestations, and protection of the wealthiest. Senator Warren is very intelligent, well-spoken and intense. She is one of the leaders of the new economic populist movement in the Senate, along with Senators Sherrod Brown, Bernie Sanders, Sheldon Whitehouse and Jeff Merkley. Newly elected Cory Booker, with his advocacy of community development and anti-consumerism, makes this a strong contingent in the Senate. This economic movement has support from leading political economic figures as former Secretary of Labor Robert Reich and New York Times columnist Paul Krugman. Professor Reich’s views about economic inequality are featured in the new movie, “Inequality for All”. The Economic Policy Institute agrees: These charts explain the growing economic inequality where the top 10% of Americans have 73% of all net worth and the top 1% have 70 times the net worth of the lower classes: politicususa/2013/11/23/senator-elizabeth-warren-economic-populism.html
Posted on: Sun, 24 Nov 2013 09:17:48 +0000
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