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Every so often, what we have to do...
Author: Raine    Date: 10/15/2015 13:23:49

My issues with the candidates are the polices and approaches they will take when leading our nation. There is one in the debate that puncuated one of those issue between Senator Sanders and SoS Clinton. Ms. Clinton, from the debate transcript:
Well, let me just follow-up on that, Anderson, because when I think about capitalism, I think about all the small businesses that were started because we have the opportunity and the freedom in our country for people to do that and to make a good living for themselves and their families.

And I don't think we should confuse what we have to do every so often in America, which is save capitalism from itself. And I think what Senator Sanders is saying certainly makes sense in the terms of the inequality that we have.

But we are not Denmark. I love Denmark. We are the United States of America. And it's our job to rein in the excesses of capitalism so that it doesn't run amok and doesn't cause the kind of inequities we're seeing in our economic system.

But we would be making a grave mistake to turn our backs on what built the greatest middle class in the history...
Vox writes:
Sanders didn't push the point:

"Everybody is in agreement. We are a great entrepreneurial nation. We have to encourage that. Of course, we have to support small and medium-size businesses. But you can have all of the growth that you want, and it doesn't mean anything if all of the new income and wealth is going to the top 1 percent."

This was the single most important exchange of the first Democratic debate — because it's the single most important cleavage in the Democratic Party today. Sanders's profession of agreement obscures a genuine divergence between the two candidates — a disagreement that reflects different views of the role that corporations should play both in the economy and in Washington.

I thought that the three main candidates did a great job the other night. I was very impressed. Having said that, the bolded part is something that very much bothers me.

We should not be saving capitalism from itself. We be strongly and consistently regulating it to ensure that we don't have the kind of problems that nearly took down our economy in 2008. We are still recovering from the fallout of that crash.

Yes, these past few years is a time when we needed to save capitalism, but I would like to see systems put in place so that what we all experienced in this nation is prevented and gone for good. We had to save it because of so much deregulation.

There is nothing wrong with capitalism as long as it is strongly regulated. This idea that we need to sometimes save it from itself, this notion of capitalism being like a child that needs to be corrected in order to grow up into a mature and balanced adult is a strange mindset, in my opinion. Capitalism, the economy and the nation need to have firm guidance using regulations that are consistent.


28 comments (Latest Comment: 10/16/2015 01:20:00 by TriSec)
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