The Great Debate
What better time to gauge the emotional profile of Senator Bernie Sanders (I-Vt.), an avowed Socialist, than during his Labor Day speech to the AFL-CIO in New Hampshire? After all, the independent junior senator from Vermont, who’s running for the Democratic Party’s presidential nomination, has a website home page that focuses on economics and the working class. Creating jobs, raising wages, “taking on the enormous economic and political power of the billionaire class” is what Sanders says his campaign is all about.
Here’s an idea for how to end corporate greed and reverse the trend of growing income inequality worldwide: impose a new rule that would limit the pay of top executives to just 12 times that of the lowest-paid employees at the same firm. In other words, prevent CEOs from earning more in one month than the lowliest shop-floor worker earns in a year.
It was a sermon — of sorts.
President Barack Obama’s address at the Lincoln Memorial on Wednesday only rarely echoed the cadence — the preacher’s rhythm — of the speech he was there to commemorate, and could not match its moral force. But this was a sermon all the same.
Fast-food workers in more than 50 cities Thursday are striking for fair pay and the right to form a union — the biggest walkout to hit the industry. This latest round of labor unrest comes 50 years after hundreds of thousands of Americans, led by Martin Luther King Jr., joined the March on Washington for Jobs and Freedom, demanding not only civil rights, but also good jobs and economic equality.