Bernie Sanders unveils Job Guarantee legislation
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Sen Sanders unleashed a legislative proposal for a Job Guarantee today. He adds his name to the growing list of Democratic caucus members in the Senate who have come out in favor. His long suffering economic adviser Dr Stephanie Kelton must be ecstatic. washingtonpost.com/news/wonk/wp/2018/04... While Sen Sander's office has not released cost estimates or how the plan would be paid for you, I can give you estimate and explain how it will be paid for. A true JG for every American who is able and willing to work will cost between $400-700 billion a year, and it will be paid for by marking up accounts in the banking system. Here's a discussion at the Sanders Institute between Stephanie Kelton and Jane Sanders discussing the JG: youtube.com/watch?v=EoU2YL3hWvk
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According to the latest totals posted by Huffpost, the leading Democratic fundraiser is Bernie Sanders, with $18,000,000 raised. Kamala Harris is number 2, with $12 million. Meanwhile, Trump has raised $30,000,000, but he FINALLY has a challenger by the name of William Weld. I'm a bit concerned by the fact that there are 15 candidates, and also by the fact that Bernie is the biggest fund raiser, but it is WAY to early to get nervous. For now, I'll just wait until the dust settles a bit before drawing any conclusions. https://www.huffpost.com/entry/democratic-primary-2020-fundraising_n_5cb53448e4b082aab08aeb1d
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Former Massachusetts governor Bill Weld just announced that he is running against Trump in 2020, which actually could be good news for the Democratic Party, and the first two paragraphs of in the link below explain why. https://www.newsmax.com/newsfront/weld-trump-2020-primary/2019/04/16/id/911899/?ns_mail_uid=55284481-e237-4dcf-a870-3b9d22910c8d&ns_mail_job=DM24133_04162019&s=acs&dkt_nbr=010502viyedj There are a lot of people in this country who will vote for a Republican, even one who is a horrible candidate, simply because he is a Republican. If Weld is able to confront Trump with some tough questions, the more moderate Republicans (and there are some) will begin to doubt the wisdom of voting for Trump. I'm not sure if Weld himself could attract enough votes to get elected, but he may be able to sway enough voters away from Trump to make it easier for a Democrat to win the White House. The interesting thing about Weld is that he actually would be able to attract support from both Democrats and Republicans due to the fact that he has a track record of working with both parties. At one point, he was nominated to be ambassador to Mexico by Bill Clinton. When he ran for re-election as the Massachusetts governor, he he was re-elected by the largest margin in the state's history, and Massachusetts is DEFINITELY a Democratic state. https://en.wikipedia.org/wiki/Bill_Weld
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Chet Ruminski Wrote: Trumps biggest problem is Bernie. Trump will be campaigning to the same people making the same promises as Bernie but calling Bernie a socialist. Chet, sorry it is way too early to have an opinion; the guy may die before the election, if he's too wild  . Also since he lost in the last election, people may have changed their minds about him; since he was an "spoiler" for Hillary. Also the enormous field of candidates may have influence on any outcome. Thus may be I'm negative, but still think Trump may win in the end, unless we get an super smart candidate who can fight him. ( Last time he "won" from 12 GOP candidates, thus why not in 2020 from 12 DNC candidates). Right now none of the "promises" by the present candidates will make an impact on Trump supporters. Like "taxing" the rich; they will keep voting for him, let alone care about "socialistic" promises, like "healthcare for "all". Bernie will still struggle with, where does he get the "money", to fulfill his promises; I doubt if the rich and powerful will cheer for it, let alone pay for it. We are already "trillions in debt"; more debt will bankrupt this country.
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