Amid so much economic suffering and despair, when many Americans have lost faith in their government – and when millions are prepared to accept lies … - Bernie Sanders

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Amid so much economic suffering and despair, when many Americans have lost faith in their government – and when millions are prepared to accept lies about the outcome of the 2020 presidential election – it is imperative that Democrats pass a bold and aggressive economic agenda within the first 100 days of Joe Biden’s presidency. Now is not the time to think small. It is the time to think big and to restore faith among working families – Black, White, Latino, Asian American and Native American – that in a democratic society, government can respond to their needs. Failure to adequately respond to the economic desperation in America today will undermine the Biden administration and likely lead Democrats to lose their thin majorities in the US House of Representatives and US Senate in 2022. Democrats suffered significant loses in 1994, two years after President Bill Clinton’s victory – and, in 2010, two years after President Barack Obama’s victory. We must not repeat those mistakes. The danger we face would not be in going too big or spending too much but in going too small and leaving the needs of the American people behind. If Republicans would like to work with us, we should welcome them. But their support is not necessary. In 2010, Sen. Mitch McConnell was willing to sabotage the economy to advantage Republicans, doing everything he could to make Obama a "one-term president." We cannot let him play the same games again.

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About Bernie Sanders

Bernard Sanders (born September 8, 1941) is an American politician who has served as the junior from Vermont since 2007. The for the state's at-large congressional district from 1991 to 2007, he is the longest-serving independent in U.S. congressional history and a member of the Democratic caucus. Sanders ran unsuccessfully for the 2016 and 2020 Democratic nomination for president.

Also Known As

Birth Name: Bernard Sanders
Alternative Names: Sen. Bernie Sanders Bernie Bernard "Bernie" Sanders Senator Bernie Sanders Senator Sanders
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Additional quotes by Bernie Sanders

Research by the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University has found that employee ownership boosts company productivity by 4 percent, shareholder returns by 2 percent, and profits by 14 percent. This is a case where discarding the old uber-capitalist models and trying something new is good for workers and good for business. That's one of the reasons why I made employee ownership a big issue in my second presidential campaign. Under the plan that we developed during the campaign—and which I have since used as a basis for legislative proposals—corporations with at least $100 million in annual revenue, as well as all publicly traded companies, would be required to provide at least 2 percent of stock to their workers every year until the company is at least 20 percent owned by employees. This would be done through the issuing of new shares and the establishment of Democratic Employee Ownership Funds. These funds would be controlled by a board of trustees directly elected by the workers, and that board would have the right to vote the shares in the best interest of company employees—in the same way that other institutional shareholders vote their shares. The shares would be held in permanent trust for the workers, and so, while they have increase in value, they wouldn't be sold to speculators. But employees would benefit from the increased value through dividends paid directly to them.

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