We Need An Economic Bill Of Rights

This election cycle there seems to be a call from the Left for a new idea they call the “Economic Bill of Rights”…….Bernie, Warren, Harris et al will call for this to be the law of the land….

I agree…there needs to be some sort of economic reset so that poverty does not become the “law of the land”….

The problem with this idea is that it is old hat…..this idea was floated by FDR back in 1944 just before he died….and the idea apparently died with him for Truman made no mention of it…..there were some of the same ideas being floated by Dems for 2020…..

Among these are:

  • The right to a useful and remunerative job in the industries or shops or farms or mines of the nation;
  • The right to earn enough to provide adequate food and clothing and recreation;
  • The right of every farmer to raise and sell his products at a return which will give him and his family a decent living;
  • The right of every businessman, large and small, to trade in an atmosphere of freedom from unfair competition and domination by monopolies at home or abroad;
  • The right of every family to a decent home;
  • The right to adequate medical care and the opportunity to achieve and enjoy good health;
  • The right to adequate protection from the economic fears of old age, sickness, accident, and unemployment;
  • The right to a good education.

http://www.ushistory.org/documents/economic_bill_of_rights.htm

What was old is new again!

It’s time to think big. The rules that govern our economy are working best for far too few, at the expense of far too many. While Republicans have sought to dismantle the New Deal and the regulatory apparatus that was developed to protect Americans from an unfettered private sector, Democrats in recent decade have mustered no more than incremental changes to an increasingly unequal and unfair economy. The rise of Donald Trump provides a political lesson for both Democrats and Republicans: People are looking outside the box. Despite the vast gulf between the two major political parties on many issues, on fundamentals both have adhered to a neoliberal agenda of deregulation, reliance on market-based solutions to our social problems, and a devolution of the role of government in ensuring and enforcing Americans’ right to a decent standard of living, economic dignity and economic mobility. 

Direct government intervention for full employment, a cornerstone of the Democratic Party Platform for almost half a century, has been all but forgotten, replaced by a commitment to market liberalization or tax incentives and other subsidies for corporate America to cajole them into hiring more workers. Policies put forth by Hillary Clinton in 2016, which included raising the minimum wage and promoting equal pay for equal work for women, would have improvde the lives of many working Americans – but they do not go nearly far enough.  They do not address the fundamental problem of increasing risk and vulnerability—employment “precarity”—confronting the American workforce.

Let us be clear: Our economic reality is not mere circumstance; these are the result of policy choices.

https://prospect.org/article/economic-bill-rights-21st-century

Ask yourself why the Dem Party forgot this plan until recently.  In an age when Dems were extremely popular why did they abandon such a great program?

I know why…..do you?

Be Smart!

Learn Stuff!

Now take what you ahe learned and….VOTE!

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10 thoughts on “We Need An Economic Bill Of Rights

  1. If you are not in power, you can promise anything. Then if you win the election, just conveniently forget you said it. That’s Politics! 🙂
    Best wishes, Pete.

  2. I posted on this exact thing back in September of 2016.. another time, another place… seemingly eons ago… in my old and defunct blog….

    https://dougsboomerrants.wordpress.com/2016/09/24/resurrect-roosevelts-bill-of-rights-a-cry-for-good-old-fashioned-republicanism/

    At the time I made that post it was in response to an article someone posted listing Roosevelt’s “rights”… and it rather sent a shudder through me at the time. Since then of course.. we are being sent shudders constantly so I’ve gotten used to it.. thank you, Trump.

    But interestingly as the Democratic candidates are bellowing their individual Democrat concepts of how life should be I am getting the occasional twinge of my old Republican roots acting up. Recently I got a small “whif” in Biden’s speech where he said (I am paraphrasing) that Wall Street didn’t make America, nor did stockholders… but rather working Americans made America. Well.. not true, actually. It was a team effort of investors and hard working Americans… and the fact that those hard working Americans could make a wage to purchase what they were making; the cycle of economic capitalism in action. But I understand Biden’s use of the populist preference he chose and I don’t fault him. I’d still vote for him over Trump any day of the week. Which then brings me to the point that I am willing to compromise on my usual political leanings in a “normal” world to get Trump the hell outta there.

      1. I think so too and we certainly want to promote the general well being and enforcing equal opportunity has been the means. This manifesto is more than a simple bill of rights. It is a bill of guarantees. Quite a difference and really really progressive thinking beyond normal expectations.

  3. I like the ring of “a society that works for everyone” lefist mantra. But a large part of the society has no sense of dutiful participation in working for themselves let alone the whole. We’ve bred a welfare class of contentment. As the entrepreneur wealth proding class is demonized socialism becomes more appealing to the welfare class. Capitalism produces wealth but socialism produces nothing but redistribution of wealth. I do believe, however, that the working poor should get any help for which they may truly qualify.

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