The Washington Post spotlights a Billionare House member that is working with Sanders and others in examining capitalism in America in the Trump era….
Trump moves a focus on the rich at a time when the poor and even the middle class seem to be pushed aside….
Tax cuts disguised as even MORE of a give away to big corporation’s runs under the radar for Democrats looking for votes next year is creating worries for the rich….
Do they do anything about their success meaning hurt for other Americans with less?
For decades, Democrats and Republicans have hailed America’s business elite, especially in Silicon Valley, as the country’s salvation. The government might be gridlocked, the electorate angry and divided, but America’s innovators seemed to promise a relatively pain-free way out of the mess. Their companies produced an endless series of products that kept the U.S. economy churning and its gross domestic product climbing. Their philanthropic efforts were aimed at fixing some of the country’s most vexing problems. Government’s role was to stay out of the way.
Now that consensus is shattering. For the first time in decades, capitalism’s future is a subject of debate among presidential hopefuls and a source of growing angst for America’s business elite. In places such as Silicon Valley, the slopes of Davos, Switzerland, and the halls of Harvard Business School, there is a sense that the kind of capitalism that once made America an economic envy is responsible for the growing inequality and anger that is tearing the country apart….
image…Rep. Ro Khanna (D-Calif.) walks toward his car after a Bernie Sanders rally in San Francisco. (Nick Otto/For The Washington Post)