Senator Bernie Sanders: Rebuild the middle class

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By Senator Bernie Sanders The Burlington Free Press

The United States is in the midst of the worst economic crisis since the 1930s. Workers in Vermont and throughout the country continue to lose their jobs, homes, pensions and ability to send their children to college.

To strengthen and expand the collapsing middle class during these very difficult economic times, I am fighting for a number of important steps that Congress and the president will have to make.

We need to fundamentally change the way Wall Street does business so that it invests in the job-creating productive economy, instead of the casino-style gambling that led to the largest taxpayer bailout in history. Financial institutions that are “too-big-to-fail” need to be broken up. Big banks that received a taxpayer bailout need to increase lending to small businesses. And we need to establish a national usury law to stop lenders from ripping off the middle class by charging outrageously high interest rates.

The United States will not succeed in the global economy if our infrastructure continues to crumble. We can create millions of good-paying jobs by rebuilding our roads, bridges, schools and water systems, and by creating 21st-century public transportation.

Every year, we waste $350 billion by importing oil from Saudi Arabia and other foreign countries. The United States can create good-paying jobs by moving away from fossil fuels and foreign oil, and into energy efficiency and such sustainable energies as wind, solar, geothermal and biomass. Vermont is a national leader in energy efficiency. We must now become a national leader in sustainable energy.

Read more at  The Burlington Free Press

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