“We Are a Plutocracy”: Jeffrey Sachs Slams Biden for Offering to Preserve Trump’s Corporate Tax Cuts

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Democracy Now!

Democracy Now!

3 жыл бұрын

As Democrats and Republicans in Washington continue to negotiate over an infrastructure bill, President Biden is reportedly considering dropping his demand to roll back the 2017 Trump tax cuts - which primarily benefited corporations and the richest people in the country - in order to gain support for infrastructure spending of at least $1 trillion. Biden is offering to keep Trump’s tax cuts and shrink the size of his infrastructure proposal in exchange for a minimum 15% corporate tax rate for all companies. Economist Jeffrey Sachs says a capitulation on the Trump tax cuts would be a huge mistake for the Biden administration. “The corporations have had an unbelievable run of unjust and unaffordable tax cuts,” he says.
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Пікірлер: 1 200
@kongwong5255
@kongwong5255 3 жыл бұрын
US is the richest country. Yet, in the US, 50 million people pray EVERY DAY that they don't get sick!
@abrahamellisjr4757
@abrahamellisjr4757 3 жыл бұрын
Rich ? Where ? Debt ? TDA Account ? Poor People ? Stealing ? Health ? Ummm , Rich Thief ?
@craffte
@craffte 3 жыл бұрын
Me
@geoff9858
@geoff9858 3 жыл бұрын
Ordinary Americans are just a rubber stamps who votes but it is only the few that make the rules.
@ngfookkwai6096
@ngfookkwai6096 3 жыл бұрын
@@abrahamellisjr4757 you are right 👍👏,28 trillions in debt,the amount of homeless living on the streets, depending on food stamps, can't pay rents, mass shootings, blm, guns violences,anti asian hate crimes,poor medical assistant.carsjacking,crimes in the subway.advise you to leave for south east Asia will be better for you.
@abrahamellisjr4757
@abrahamellisjr4757 3 жыл бұрын
@@ngfookkwai6096 agree; trying to save the children, parents too busy and NOT listening NOR thinking. Truth is what I think they need. Getting them to read material not touched by the MOB, gangsters robbing their graves and they aren't born , yet. NORMAL ? Kool-Aid strong...
@DarylBark
@DarylBark 3 жыл бұрын
"Meet the new boss, same as the old boss" Pete Townshend
@daxbruce3491
@daxbruce3491 3 жыл бұрын
Clowns to the left of me jokers to the right. Stuck in the middle with you. Bob Dillon
@cassiusdhami9215
@cassiusdhami9215 3 жыл бұрын
That's actually "Steeler's Wheel's" song @@daxbruce3491 . 😉 Just sounds a lot like Dylan.
@gardensofthegods
@gardensofthegods 3 жыл бұрын
@@cassiusdhami9215 yep as a kid I bought that album and that song first came out and i remember enjoying looking at the album cover ... back when the album covers were important and interesting .
@DarylBark
@DarylBark 3 жыл бұрын
@@daxbruce3491 Gerry Rafferty of Stealers Wheel wrote that tune, and did you mean Bob Dylan by any chance.
@DarylBark
@DarylBark 3 жыл бұрын
@@daxbruce3491 The sentiment was spot on though. :)
@user-wp8yx
@user-wp8yx 3 жыл бұрын
The corporate tax rate in itself is meaningless without a discussion of deductions and write-offs.
@Waaben21
@Waaben21 3 жыл бұрын
Or the fundamental capitalist system where a few chosen bank institutions have sole rights to central bank loans and from there on decide who to invest with.
@Achrononmaster
@Achrononmaster 3 жыл бұрын
@@Waaben21 That's not capitalism (private ownership) what you're talking about is government regulation. All private banks are in fact by law agents of governemtn. Congress chooses the credit issuance regulations. Don't blame the banks for following the law. Change the law.
@Achrononmaster
@Achrononmaster 3 жыл бұрын
Corporate tax hurts the poor the most. Corporations are pieces of paper, they pass the cost of tax hikes not consumers by raising prices or cutting lower rank worker wages. It does nothing to lower executive salaries. I the aim is to reduce executive salaries and bonuses, the government has to introduce new laws governing fair share of profits to workers, say based on labour time. (Since one full time worker cannot possibly be working less than three times the hours of an executive, the worker should never receive a wage less than a third of the executive's wage).
@sunnyla2835
@sunnyla2835 3 жыл бұрын
@@Achrononmaster that’s total nonsensical BS! Corporate tax rates have continued to decline as wages have remained stagnant and prices have skyrocketed! Where’ve you been the past 40 years of trickle down that never did? DF ostrich
@daviel
@daviel 3 жыл бұрын
Hahaha it's even worse when some corporations get paid hundreds of millions tax rebates by government although the corporation has already profitted billions.
@jimmyhuffman6802
@jimmyhuffman6802 3 жыл бұрын
Don't worry the rich aren't going to pay, guess who's going to pay. Yeah you and I are.
@dondrysdale7297
@dondrysdale7297 2 жыл бұрын
i'm not some who claims to have much of economists sense, but i don't figure i need to to get that Bill Gates alone, only has hundreds of billions--what is it most will say on that? they say, what does Gates have to do with politics, and that has to be the most deluded thing i can here. it's obvious by now Gates has had more control than anyone with only being in control of Big Pharma. so, what's that to begin with? i have heard all the other incredibly deluded and childish attitudes about him, including that we should feel sorry for poor old abused geek Bill, and there has been an admitted need to have an American 'super hero', some have found in Gates. doesn't get anymore deluded and absurd than that, but that's been part of the reality. worse, why should a plutocrat like the child lunatic Trump even of been aloud to step up to a mike ever? if people are still obsessed with being told what to do and how do run their lives, then at least have an 'ordinary commoner' who isn't obviously influenced by other mega-rich billionaire clubers, which has amounted to a technocrat cult with an agenda for us.
@Berley_1234
@Berley_1234 Ай бұрын
yea you're right...the more money you have, the greedier you get and the more you want. Rich won't pay, the slaves do
@mrmckraken4893
@mrmckraken4893 3 жыл бұрын
We will never know the amount of personal gain the professor has sacrificed in order to stay true to his integrity. Thank you dearly Professor Sachs. You are a true advocate for democracy and peoples everywhere.
@santinorider7536
@santinorider7536 3 жыл бұрын
Suspect this will be his last interview here. He's sounding too much like Glenn Greenwald, who DN has banned from their channel. Truth-telling and objectivity has a price I guess.
@devondevon3416
@devondevon3416 3 жыл бұрын
Saying the US is for the billionaire is not something I think will hurt him. A lot of people often say the same thing. There are 614 billionaires in the US, and 8% of the US adult population are millionaires.
@sashazxtt
@sashazxtt 3 жыл бұрын
He is no longer welcome on MSNBC. I doubt DN! will invite him back. Not because Amy necessarily disagrees with his economic views. But because he dared to criticize Biden.
@leeahna2616
@leeahna2616 2 жыл бұрын
You beat me to that realisation...!
@HouseholdDog
@HouseholdDog 2 жыл бұрын
We are talking about the idiot who ran the Millennium Villages project? They guy is a disaster.
@thomascross8339
@thomascross8339 3 жыл бұрын
"I was shocked and dismayed at being forced to acknowledge Joe Biden's long record of being a corporate sock puppet"
@gardensofthegods
@gardensofthegods 3 жыл бұрын
I still can't believe how many Americans haven't realized the two party system is a joke ; they are both in bed with big money and this is why third party politicians are so important and why people need to be brave stop thinking in terms of Republican and Democrat . People need to create real change by voting third party to break the stronghold of the two-headed Beast . The Democratic party hasn't been real Democrat in a long time and i saw that back by the late 1990s ... nothing like the Kennedy Democrats . I grew up in a democratic household but have been bashed by my Democrat family and friends for voting third party . But these Democrats are just as corrupt as the Republicans when it comes to pulling in the money for themselves and not caring about American citizens . Proof the Democrat Party has been infiltrated by something dark and unsavory is the fact that they didn't pick someone really decent and honest like Tulsi Gabbard to run for vice president ,but instead chose Kamala Harris who has been involved in human rights violations against American citizens ... Tulsi Gabbard even called her out on the floor about this 2 years ago and Kamala Harris just kept lying and denying it . A clip of the video is still here on KZfaq . There's also a clip somewhere of Tulsi on The Joe Rogan show talking about the agenda with the Democrats
@ZeitgeisterOm
@ZeitgeisterOm 3 жыл бұрын
We absolutely need to start supporting third parties. I suggest joining one of the third parties as they are at the forefront of transforming our democracy into one that can handle having more than just two corporate capitalist parties.
@gardensofthegods
@gardensofthegods 3 жыл бұрын
@@ZeitgeisterOm isn't it nauseating when family and friends try to convince you that a vote for the third party is a vote thrown away ? Back in 2000 I got bashed by my Democrat family and friends for voting Green . I told them that if everybody was brave enough just take a step forward and vote third party we would be able to disable the two-headed beast but they always make the same excuses that my voting for The Green Party is why Al Gore lost . I'm so sick of the people who can only think in terms of the two party system but they constantly complain about nothing really changing ... I tell them that's because they're getting ping pong back and forth . It's really frustrating but I know that's a number will slowly creep up words as to how many or voting third party and watch what happens by the time it gets around 13 definitely by the time it gets to 15% then you're going to see a big shift of more and more people joining third party voting .
@ZeitgeisterOm
@ZeitgeisterOm 3 жыл бұрын
@@gardensofthegods I found it very offensive and mean spirited. that Democrats make undemocratic arguments to say you shouldn't run as a green etc or you shouldn't vote a certain way these are extremely undemocratic arguments coming from people that are so called Democrats but they don't seem to understand what democracy really is and means. I found my home in the man green Independent party after I saw how the Democratic institutions were corrupted by money forces the fact that they use a super delegate system which is an elitist system I think the Democrats have just as much as a fascist Street as a Republican and I wish people could see that more because it's Democrats who attacked me when I go out gathering signatures for independent candidates of any kind.
@josephmills2010
@josephmills2010 3 жыл бұрын
I am not shocked at all because I knew this would happen. I am only shocked at the speed at which it happened. Biden has been president for less than six months and he has folded on all of the key items in his agenda.
@Dsullivann
@Dsullivann 3 жыл бұрын
We should've had Bernie. Biden is a joke.
@63saruman
@63saruman 3 жыл бұрын
That's exactly why he was 'anointed'.
@yoelsyhutchinson4377
@yoelsyhutchinson4377 3 жыл бұрын
I think he was boycotted both time,he didn't have the support of most of the Democrats.Many of them even said that they would rather have second Trump term,
@dulynoted2427
@dulynoted2427 3 жыл бұрын
@@zyxw2024 Obama and the rest of the neoliberals were not going to have Sanders winning the nomination.
@dulynoted2427
@dulynoted2427 3 жыл бұрын
@@zyxw2024 in all actuality, We got trump, because of spineless neoliberal democrats, sold themselselves out. And yes, They knew, With a Bernie Sanders as President, they stood to lose thier corporate bribing, gravy train.
@dulynoted2427
@dulynoted2427 3 жыл бұрын
@@zyxw2024 Don't fall asleep at the wheel. Just because we got the narcissistic con man out, who used the office for him and his crime family's personal gain, doesn't mean it'll be any better for the country. "Nothing will fundamentally change." And that's what got us trump. Imagine, if a Tom Cotton got in the White House. You want that? An extremist with a brain to further screw this country?
@davehendricks4824
@davehendricks4824 3 жыл бұрын
How about just passing a law that corporations can’t stash their money ANYWHERE. Pay the damn taxes. We taxpayers don’t get those corrupt deals.
@HeresMyView
@HeresMyView 3 жыл бұрын
Not as easy as that. Economic 101, multinational corporations have offshore operations to cut cost n make the goods cheaper. If not, how can they compete globally. Many goods are imported from China, Vietnam, Malaysia, Pakistan, Thailand, etc. , etc are cheaper. They support American std of living. Without them, the cost of living is expensive n many Americans will live in poverty. So, do you want cheaper goods or high cost of living? And. with anti-China rhetoric, the US started a trade war imposing import tariffs. This resulted in more expensive cost of living n push down the US std of living. So, you cannot imposed high taxes on corporations bcos the taxes get passed to consumers indirectly thru import tariffs or production cost. Corporations cannot make goods in US bcos the labor cost is too high. That's why manufacturing jobs go off shores. US rising poverty traps US cost of living.
@johnnytocino9313
@johnnytocino9313 3 жыл бұрын
@@HeresMyView omg that's your pathetic excuse for offshore tax havens? Lmfao.
@antediluvianatheist5262
@antediluvianatheist5262 3 жыл бұрын
Sounds good. They own the senate and courts. So it'll never happen.
@dondrysdale7297
@dondrysdale7297 2 жыл бұрын
your not off at all, Dave, but we can't even trust the voting system thanks to technology mainly--that would have to be fixed itself.
@davehendricks4824
@davehendricks4824 2 жыл бұрын
@@dondrysdale7297 have to change the system.
@grmpEqweer
@grmpEqweer 3 жыл бұрын
This is my total lack of surprise.
@daxbruce3491
@daxbruce3491 3 жыл бұрын
This is Jack's total lack of suprise.
@DarylBark
@DarylBark 3 жыл бұрын
If he keeps pulling shit like this the Cons will win again in 22 and 24!
@RedboneUnincorporated
@RedboneUnincorporated 3 жыл бұрын
yeah, it's basically a lock.
@michaeldowner2337
@michaeldowner2337 3 жыл бұрын
Yeah, that's so smart.
@daxbruce3491
@daxbruce3491 3 жыл бұрын
But I thought our 2 party system was the best. Why dose the "leader of the free world" only get 2 choices for president?
@RedboneUnincorporated
@RedboneUnincorporated 3 жыл бұрын
@@daxbruce3491 our system of government is literally designed around two parties, that will NEVER change; best we can hope for is rank choice voting.
@DarylBark
@DarylBark 3 жыл бұрын
@@daxbruce3491 Why indeed? Or why not Direct Democracy like in Switzerland? I think we all know why, because America is not a real Democracy and never has been, it's always been more of a goal than a reality. The truth is that the U.S is a Plutocracy or maybe a Corporatocracy at best. And because YT won't even acknowledge the correct spelling, I'm going to say Corporatocracy is the right answer.
@suzanneschannel1
@suzanneschannel1 3 жыл бұрын
And the corporations will benefit the MOST from a rebuilt infrastructure, such as improved road and bridges, as well as rural internet.
@Achrononmaster
@Achrononmaster 3 жыл бұрын
That benefits the people working for the company, and benefits everyone using the infrastructure. Taxing corporations (which are just pieces of paper) hurts consumers the most. If the aim is to reduce executive salaries taxes will not do it, there must be explicit laws governing fair share of profits going to workers. If that were done paying corporations to build infrastructure will benefit workers and consumers and not disproportionately enrich the executives.
@barriewright2857
@barriewright2857 2 жыл бұрын
That's the part that I don't understand why they don't understand !? . They themselves will benefit from the utilities updates and upgrades !? Wired. It looks like they love their money more than life it self ! .
@dondrysdale7297
@dondrysdale7297 2 жыл бұрын
it didn't have to happen if the elite cult didn't trash someone like Marx who had theories that could of easily solved it. in a 'primary purpose' type of societal structure, money could of always been in a 'basic pot of the people', with something like prudent reserves, like A.A. had always done until it went extinct two years ago. however, you still have most people in the delusion that the Gov. has been all about greed, when in fact most of the greed has come from people like land developers. Bill Gates alone has hundreds of billions, and Rothschild Inc itself is estimated to worth 500 trillion today. their money has clearly only been used to get blind sheep further into an agenda.
@STScott-qo4pw
@STScott-qo4pw Жыл бұрын
And... they're cool with it for sure so long as it's the peons paying for it and not them.
@MamasitaMe
@MamasitaMe 3 жыл бұрын
Looking after the interest of the wealthy, the rich, and the greedy. As always!
@stvdmc2011
@stvdmc2011 2 жыл бұрын
Will you voted for those MFer. Wealthy and corporations paid campaign contributions do you?
@dondrysdale7297
@dondrysdale7297 2 жыл бұрын
most of the greed has actually come from commoners with money, such as land developers mostly. i think the problem is systemic in which Rothschild Inc is estimated to be worth 500 trillion alone, and Bill Gates only has hundreds of billions. this elite cult's money has only been meant to put us further into an agenda, which is why the madness of the last two years has happened. it is why people like Marx were oppressed and why David Icke was banned from his YT channel in spring 2020.
@Jose-ti4ws
@Jose-ti4ws 3 жыл бұрын
Spot on; invite this guest back he gets it
@adambathon
@adambathon 3 жыл бұрын
That's why Bernie Sanders is better. Biden was my last choice out of all 26 or 28 candidates (however many) and look at him folding like the corporate suit he is.
@haleybrown2836
@haleybrown2836 3 жыл бұрын
This household didn't vote for Trump NOR Biden but voted Green. There was plenty of information available about Trump and Biden's past voting record.
@zeeone4492
@zeeone4492 3 жыл бұрын
That’s why Bernie will never be president
@dondrysdale7297
@dondrysdale7297 2 жыл бұрын
i think Biden went in just because the voting system has been rigged thanks to technology. it could of been the opposite--Trump in now, Biden the prior, for all i trust it. i have no question they have all been paid actors since JFK, which is why the Bush regime took him out. Sanders is the only one have trusted, as well as Dr Richard Wolfe, who understands what Marx was about probably better than anyone around right now. they didn't ban David Icke from his YT channel in spring 2020 for no reason--who in part tried to get through to people what a child Trump is.
@joanam3070
@joanam3070 3 жыл бұрын
"Corporate feudalism" as Yanis Varufakis calls it.
@cypriano8763
@cypriano8763 2 жыл бұрын
Why do we keep electing millionaires and keep hoping they will do anything for us
@MrHydus
@MrHydus 3 жыл бұрын
This is all gaslighting. Time to reinstate regulations and enforce fair wages.
@daxbruce3491
@daxbruce3491 3 жыл бұрын
Duhh. What politician will push it through? They took Bernie out of the equation.
@MrHydus
@MrHydus 3 жыл бұрын
@@daxbruce3491 The people. The young people can win.
@andreah6379
@andreah6379 3 жыл бұрын
What are you talking about? Who's gaslighting?
@daxbruce3491
@daxbruce3491 3 жыл бұрын
@@MrHydus I sure hope so. I'm 48 my kids are 13 and 10. Their mother's side of the family are fully blown Trump supporters, and we're all union workers. I try to be honest with my children, and respectful (it's hard). I vote libertarian for the sole purpose of possibly giving my children 3 viable choices.
@daxbruce3491
@daxbruce3491 3 жыл бұрын
@@andreah6379 both major political parties, and ther propaganda/ news outlets.
@marbury2403
@marbury2403 3 жыл бұрын
Chris Hedges gives us about 10 years left.
@gardensofthegods
@gardensofthegods 3 жыл бұрын
I'm going to look into that but 10 years left till what , exactly .. Edit : I did a quick claw and i see 10 years left till American Empire crumbles or something like that . Back in 1994 foreign policy magazine or maybe it was American history magazine said the 20th century was the American Century but the 21st century is the Asian Pacific century ... they predicted that's where most of the shift of power would be
@IyanAhmath12
@IyanAhmath12 3 жыл бұрын
Who does he write for now? I used to read his work on TruthDig
@alanpaulsen6174
@alanpaulsen6174 3 жыл бұрын
Wow, Hedges is optimistic.
@solidaritytime3650
@solidaritytime3650 3 жыл бұрын
@@alanpaulsen6174 hahaha! I like that one.
@andreah6379
@andreah6379 3 жыл бұрын
To find a more dour, depressing person than Hedges is impossible. 10 years, then what? America blows up? We commit suicide like Jonestown?? I stopped listening to him as soon as I started.
@rogue-ish5713
@rogue-ish5713 3 жыл бұрын
This just in, water is wet... Fire can burn you and ice is cold, jaun? ~Amy Goodman 2021
@davidjacob5828
@davidjacob5828 3 жыл бұрын
@Jaspa Jones a good witch 🧙‍♀️.
@treznicek
@treznicek 3 жыл бұрын
Sadly, no longer
@stephentan6995
@stephentan6995 2 жыл бұрын
J Sachs is one brave man who speaks the truths.
@oghyeahoo6165
@oghyeahoo6165 3 жыл бұрын
"Biden has always been a Doofus" -Thomas Sowell
@luperamos7307
@luperamos7307 3 жыл бұрын
Thomas Sowell is literally a house slave who just repeats propaganda. He has no original thoughts and just repeats Friedman's garbage. And he never seems to be on any left leaning channels that they question his garbage. Sam Seder tried to have him on several times. He won't go bc he knows his nonsense would get destroyed
@oghyeahoo6165
@oghyeahoo6165 3 жыл бұрын
@@luperamos7307 "Lupe Ramos" ..I rest my case.
@clarkhull7546
@clarkhull7546 3 жыл бұрын
@@luperamos7307So you're upset that doesn't repeat left-wing propaganda? And way to show your racism with calling him a house slave.
@nunyabidnis3815
@nunyabidnis3815 3 жыл бұрын
@@clarkhull7546 That comment from them was way out of line, but I myself have problems with Sowell's rhetoric. Asserting that welfare is a con that makes people lazy is a false narrative that the right pushes a lot. The reason that responses like Lupe's come up, is that the same argument become part of the 'Southern Strategy' for right wing politics, that demonized struggling demographics, and lionized the wealthy. The false equivalence is that your net worth is related to meritocracy.. and there's a correlation, but not a direct causation to wealth and effort. (I'll gladly elaborate if you want.) What Sowell's arguments showcase, are the same arguments used today to claim that there is no systemic racist outcomes.. something that is still true today, and was certainly true at the time. This often gets poorly articulated by those that critique him, because they smell a grift, and have no mercy for that behavior. Unfortunately affective override occurs... and I gotta tell ya, the folks that are fans of Sowell are often nothing short of dogmatic... as with many neo-conservative objectivists. Hell, a claim to fame of Thatcher for example was asserting, "there is no alternative," to exactly as she saw how markets should operate.. so it's no surprise.
@Jimi_Lee
@Jimi_Lee 3 жыл бұрын
He should know.
@WilliamGreen
@WilliamGreen 3 жыл бұрын
Good reporting Goodman. Call out power. You can still do this.
@andreah6379
@andreah6379 3 жыл бұрын
This is really only one of the few journalists that does this. Is says a lot about America that it's so hard to find.
@Juan-ud3if
@Juan-ud3if Жыл бұрын
Jeff Sachs is such an honest, just man. Everything he say's is so sensible and compassionate for the helpless masses. Great man. The masses are grateful for such truthful persons at the top.❤❤❤❤❤❤
@artstrology
@artstrology 3 жыл бұрын
Do not vote for any person who has over 500,000, and demand we reduce the military budget by 80%. Make it an issue.
@thikang7781
@thikang7781 3 жыл бұрын
Yes, finally. Minimum tax has been needed. No more zero taxes for Amazon. Take away subsidies and rebates from Corporations that pay less than a living wage.
@nasserderakhshan3211
@nasserderakhshan3211 3 жыл бұрын
I love Jeffrey Sachs! He is an honourable man.
@richardtung4109
@richardtung4109 Жыл бұрын
Well said Jeff. All truths and no.misinformations. Alway like tour podcast. Keep up the good woek.
@DanA-nl5uo
@DanA-nl5uo 3 жыл бұрын
The only path forward is the people's party and rank choice voting. We have to end the two party monopoly
@IExpectedBSJustNotThisMuchBS
@IExpectedBSJustNotThisMuchBS 3 жыл бұрын
Sachs is so right on target!
@ronkirk5099
@ronkirk5099 3 жыл бұрын
Just what we need the obscenely rich getting even more rich and continuing to buy political power. I'm emailing Joe right now to let him know what I think about this concession.
@andreah6379
@andreah6379 3 жыл бұрын
I stopped doing that under Dump. In fact, Dictator Dump stopped it. I think many more of The People need to engage at these very difficult times. We are losing our democracy and the greedy rich don't want The People to protest. It's hard to fight when oligarchy are trying to demoralize us.
@The.world.has.gone.crazy...
@The.world.has.gone.crazy... 3 жыл бұрын
Stop writing, start fighting! Get united go on the streets, hang em!!! 😂😂😂😂
@dondrysdale7297
@dondrysdale7297 2 жыл бұрын
ok, but it was the public who had let a total plutocrat like Trump step up to the mik, who clearly brought out the worst in people at times.
@carmenfender4793
@carmenfender4793 3 жыл бұрын
First words out of this guy... shocked and dismayed. Are you serious? This stuff just goes on and on and on. No one really stands for anything. It's all a big game.
@cliffordcabiness9098
@cliffordcabiness9098 3 жыл бұрын
I helped put you in office not to see u lay down to the Republicans stand up and fight for the people of this country
@amranaadan1112
@amranaadan1112 3 жыл бұрын
You and everyone who believed and put him in office are idiots.
@vicenthuerta8477
@vicenthuerta8477 3 жыл бұрын
If Biden leaves the corporate tax rate 21 percent maybe we could cut defense spending by 50 percent?
@kevingaffney9689
@kevingaffney9689 3 жыл бұрын
Prof. Sachs always comes across as educated, articulate and refreshingly direct in his analysis of economics and international relations
@littleclay5875
@littleclay5875 3 жыл бұрын
"We are a Plutocracy" ... takes a genius to figure that one out
@grmpEqweer
@grmpEqweer 3 жыл бұрын
Captain Obvious sez...
@JeffreyGillespie
@JeffreyGillespie 3 жыл бұрын
I thought that too, as soon as I heard him say it. Like, it's been that way since at least the 1920s and certainly since '81.
@cassiusdhami9215
@cassiusdhami9215 3 жыл бұрын
What does that say about 20 million or so Americans who absolutely believe there is a plutocracy?
@cassiusdhami9215
@cassiusdhami9215 3 жыл бұрын
Bot/sock puppet account🤖@@fenwan2405
@mania.archive
@mania.archive 3 жыл бұрын
I dont think he knows what plutocracy is
@subwaymirdif
@subwaymirdif 2 жыл бұрын
USA's long-term policy against oligarchy in Russia has died with Soviet Union. The country has unfortunately transformed from plutocracy to oligarchy in less than 5 decades. So much for the champions of democracy.
@Owondr
@Owondr 3 жыл бұрын
this is wrong, who's going to pay for this?
@pacerodi
@pacerodi 3 жыл бұрын
Good trying. Never a Plutocracy, never a a Democracy, simply a Capitalisic Cololonizer.
@dannyboy8850
@dannyboy8850 Жыл бұрын
Someone must be getting lot of money from the corporations under the table. 😠😠😠😠
@cybercuichi
@cybercuichi 3 жыл бұрын
Well, what's the big news? We are a corporate state, don't everybody figure that up by now? The question is: And now, what we are gone do about it?
@bobjones2460
@bobjones2460 3 жыл бұрын
Goodman: What would it take to fix this problem? Answer: A revolution.
@betruthfulnowork8312
@betruthfulnowork8312 3 жыл бұрын
If Biden had at least raised it half way back it would not be this much a disappointment. We call B.S. 😔
@wbafc1231
@wbafc1231 3 жыл бұрын
You call BS on what?
@metalbean813
@metalbean813 3 жыл бұрын
it would have. obama was a complete tool for the 1% he had it at 35% if biden is fdr lmfao it should be like 50%. of course he lied it is what he does , it is all he does, four more years of bs only thing that has changed is the redirect
@whygohome172
@whygohome172 3 жыл бұрын
Mansion is a republican plant in the Democratic party, ya think?
@metalbean813
@metalbean813 3 жыл бұрын
@@JohnMoran duh that was obvious before the primary even started. only complete morons believe biden is progressive. i wish i could be as stupid as the american people around me. maybe i could live in ignorant bliss with the rest of the slubs
@wbafc1231
@wbafc1231 3 жыл бұрын
@@whygohome172 The majority of democratic party senators and congress members could be classed as republican plants.
@SueEmmDee
@SueEmmDee 3 жыл бұрын
It's great that Professor Sachs speaks up.
@jongeism
@jongeism 3 жыл бұрын
A Great Man thank you for your understanding
@cutnicely
@cutnicely 3 жыл бұрын
Jeffery Sachs is a rare scholar with conscience and with true pursuit for truth 👍
@tonyrivers8688
@tonyrivers8688 3 жыл бұрын
Michael Parenti wrote and spoke about this. Democracy for the Few was the book.
@daxbruce3491
@daxbruce3491 3 жыл бұрын
George Orwell wrote a kids book about it too. Animal Farm.
@helenpatterson3858
@helenpatterson3858 3 жыл бұрын
And another win for the oligarchs.... And what is Sinema's excuse ? I campaigned for her and I have such a case of shame and cognitive dissonance I can't even begin to understand.
@andreah6379
@andreah6379 3 жыл бұрын
Helen, I am surprised (but not really) that more people don't know her record. When Paul Ryan was House leader, Sinema was there and voted with 5 other House Dems and every Rethuglicon for a "Balanced Budget" bill. Aka: The backdoor to demolish Social Security, Medicare, Medicaid and all other social safety net programs!!! She may have been with The Green Party once, but lots of idiots run there. Biden needs to whip his own party rather than concede to fascists that Rethuglicons are.
@drhirise1
@drhirise1 3 жыл бұрын
People need to realise that the changes that must be made cannot be made under the current system. The system is already moving into collapse.
@stephaniecarrow4898
@stephaniecarrow4898 3 жыл бұрын
Both parties are in the hands of billionaires. That's what makes this an oligarchy. And most Dems in Congress are more Republican than Democrat, not just the two boogeymen du jour.
@VIsTheMusic
@VIsTheMusic 3 жыл бұрын
I knew this was gonna happen.
@KG-ti3gy
@KG-ti3gy 2 жыл бұрын
Well said professor
@williamcheong7713
@williamcheong7713 3 жыл бұрын
Excellent to Jeffrey Sachs
@fazaelma
@fazaelma 3 жыл бұрын
here for Jeffrey Sachs, thank you mister for always talking straight!
@whygohome172
@whygohome172 3 жыл бұрын
So MORE CORPORATE WELFARE IT IS!!!!
@fightignorance3598
@fightignorance3598 2 жыл бұрын
Professor Sachs,, one of the few righteous and rational voices from within US. We could only have hope if we keep such voices coming and let such prudence and integrity be reflected in the management of our own country and our relationship with other countries who deserve as much dignity as we do here and our relationship with environment we all share together. Unfortunately, such voices are often slighted and sidelined, or eventually censored by other forces in his own country which boasts itself as the doorkeeper of freedom and integrity. So depressing and frustrating . Anyone has any idea how to promote such voices to counter bias and ignorance in America? Please share. 🙏
@virolee3776
@virolee3776 2 жыл бұрын
Sachs should be President
@Camcolito
@Camcolito 3 жыл бұрын
'I was shocked and dismayed' - Why is that Jeffrey? Biden's record is very consistent.
@AZOffRoadster
@AZOffRoadster 3 жыл бұрын
I have long suggested we should do away with tax brackets and use an exponential equation with a low end cutoff. The richer you are, the harder it gets to get even richer.
@Jimi_Lee
@Jimi_Lee 3 жыл бұрын
Progressive taxation?
@florincoter1988
@florincoter1988 3 жыл бұрын
No. You are not a Plutocracy. You are a Republic.
@alyasagan3620
@alyasagan3620 3 жыл бұрын
Absolutely
@dontchastop
@dontchastop 3 жыл бұрын
DN needs to invite Jeffrey Sachs on its show to talk about the Syrian War.
@bode7164
@bode7164 3 жыл бұрын
Corporations are people, my friend ...
@ajpello2003
@ajpello2003 3 жыл бұрын
Did we just hear an even lower rate of 15%?!?
@nigelthomas8315
@nigelthomas8315 3 жыл бұрын
Ffs I paid 30%+ in taxes working in a factory throughout my life take all the greedy bastards money!
@Sparklfoot
@Sparklfoot 3 жыл бұрын
And working class commuters get no deduction for their mileage. So pathetic.
@craffte
@craffte 3 жыл бұрын
I wish we would talk about what's REALLY GOING ON. Someone has someone else by the rocks. That's how this country is getting fu ked. Who's in bed with who? I'm so sick of hearing about what we don't have. Go to the source.
@tigersforever4577
@tigersforever4577 3 жыл бұрын
And we'll have a nation of rent poor Americans at the mercy of the plutocrats.
@daviel
@daviel 3 жыл бұрын
Corporations will always win regardless of how many Presidents you change, so much for democracy.
@markcampbell8158
@markcampbell8158 3 жыл бұрын
Cap CEO pay at 50 to 1. Tax the rich, no stock buybacks.
@63saruman
@63saruman 3 жыл бұрын
I can't decide who I find more repulsive: Bezos or Musk.
@diffened
@diffened 3 жыл бұрын
Martin, it's Bezos with Musk being a close second.
@KayyHong
@KayyHong 2 жыл бұрын
Or the Koch Brothers, or the Murdochs, or the Trumps, there is no shortage of them
@tommyborsky8270
@tommyborsky8270 2 жыл бұрын
You right 110% .
@clararomero9206
@clararomero9206 3 жыл бұрын
Our desperately deranged World needs MORE Jeffrey Sachs's!
@billrussell6910
@billrussell6910 3 жыл бұрын
IS anyone really suprised, joe has always catered to the corporations.
@dansingmuch
@dansingmuch 3 жыл бұрын
I don't get that Jeffrey Sachs says, "I don't get it." He said himself that Biden has, in effect, shown that he represents the Plutocrats or Oligarchs just as the Republicans do. What is it that he says he doesn't get?
@ajpello2003
@ajpello2003 2 жыл бұрын
And here we are 4 months later and corps got everything they wanted and won’t even have that 15% tax rate lol what an oligarchy we live in
@midnightrambler8866
@midnightrambler8866 3 жыл бұрын
Eat the rich. The only consideration is do we smother them in barbecue sauce or ketchup?
@gerardparker4220
@gerardparker4220 3 жыл бұрын
Every week, I’m more satisfied that I didn’t vote for Biden. (or 45 ofc)
@micbear9334
@micbear9334 3 жыл бұрын
Just don't forget and don't let everyone else forget who pressured you to vote for him that we were told he is the next fdr and the dumbass justice dems said 'we can move him left'. No he moves us all right like some ppl such as you probably predicted.
@michaeldowner2337
@michaeldowner2337 3 жыл бұрын
Yeah, keep waiting for a messiah
@ZeitgeisterOm
@ZeitgeisterOm 3 жыл бұрын
I voted for Jesse Ventura because there wasn't one candidate that was worth my time not even from the Green party I was so disappointed last year.
@daxbruce3491
@daxbruce3491 3 жыл бұрын
@@ZeitgeisterOm Jo Jorgenson?
@ZeitgeisterOm
@ZeitgeisterOm 3 жыл бұрын
@@daxbruce3491 no personally I'm all set with the libertarian ideology that wants a free market capitalist system. The free market capitalist system is the root cause of most people suffering. People that aren't able to make money can't have food can't have shelter can't have electricity can't have running water this system needs to go. Libertarians are nowhere on that issue but backing the capitalist system.
@suzanneharris8339
@suzanneharris8339 3 жыл бұрын
Jeffrey speaks for millions of us average joes.
@sjacks3281
@sjacks3281 3 жыл бұрын
Frankly. I honestly wouldn’t mind if corporations paid a 15-20% tax rate As long as they actually paid it
@Lobosank
@Lobosank 3 жыл бұрын
Just listened to Chris Hedges many lectures and he reminds us that Bernie voted for every war contractors billions in goodies. We are really screwed.
@mw3516405
@mw3516405 3 жыл бұрын
That's true he sure did ! 👍 Again !! Carlin quote It's a big club!! ( They wrote tax laws they'll get around it tax attorney for sure )
@cpat6389
@cpat6389 3 жыл бұрын
Jeffrey Sachs is amazing. He speaks truth to power on the regular. We need his and other voices to be heard everyday.
@direwolf6234
@direwolf6234 3 жыл бұрын
in 1969 corporations accounted for 22% of federal revenues in 2019 it's 8%...
@wulung5943
@wulung5943 3 жыл бұрын
Define plutocracy!
@jpieroni
@jpieroni 3 жыл бұрын
When will 'Deomocracy Now' stop having THIS truth teller on? "With, without... and who'll deny, it's what the fighting's all about?" -Roger Waters
@illuvatar5923
@illuvatar5923 3 жыл бұрын
Wow, this almost feels like old DN again. Are they not going to wheel out Marcy Wheeler et al to explain how this is all russia's fault?
@treznicek
@treznicek 3 жыл бұрын
Totally. Sad that most viewers don’t get it.
@abdulghani8269
@abdulghani8269 Жыл бұрын
Thank you Mr.Sachs
@mocki5665
@mocki5665 3 жыл бұрын
Mr Sachs gives great interviews!
@wtf_usa5597
@wtf_usa5597 3 жыл бұрын
This man is amazing. He is spot on. There is SO MUCH misinformation out there, it's great to hear someone cutting thru all the BS and just telling the truth for once. Jeffrey Sachs is awesome!!
@dondrysdale7297
@dondrysdale7297 2 жыл бұрын
there is so much misinformation out there because an epidemic of mediocracy, where every guy that puts a video up about who or whatever is a god all of a sudden, and now Brand is making a living at it, who i have nothing against, however, it was a guy more credible on his subject than anyone, who was banned from his YT channel in spring 2020, which was David Icke, and he had pre-announced this latest madness coming in 2019 and had also pre-announced 9/11 20 years ago.
@ralfnator1695
@ralfnator1695 3 жыл бұрын
I'm glad I voted Jill Stein and Howie Hawkins.
@gardensofthegods
@gardensofthegods 3 жыл бұрын
I have been begging Americans to vote third party for over 22 years now ... I keep telling them nothing will change as long as the two-headed Beast is running the show and the only way to kill it or at least to injure it is the third party preferably Green ... it's almost impossible to get through to people who keep adhering to the argument that it's a vote thrown away . I try to explain to them it's fear that they're holding onto and that if they would all be brave enough to vote third party we could take the power from those who have been sticking it to us and slitting our throats and lying to our faces .
@moniqueloomis9772
@moniqueloomis9772 3 жыл бұрын
@@gardensofthegods Amen.
@gardensofthegods
@gardensofthegods 3 жыл бұрын
@@moniqueloomis9772 thank you ... even just writing that made me feel exhausted because that is how i actually feel after trying to explain to people the insanity of the two party system .
@andreah6379
@andreah6379 3 жыл бұрын
So what? Where did that get you??? Even if these nobodys won, nothing would change because they would have to work with Congress--you know, the only 2 parties the greedy, sociopathic/narcissistic rich recognize.
@Thaddeus28
@Thaddeus28 Жыл бұрын
Why doesn't Prof Sachs run for office? He has all the answers!
@DSan-kl2yc
@DSan-kl2yc 3 жыл бұрын
Corporations are becoming first class citizens. I'm worried real people will become second class citizens. Corporate interests are being better represented, and they have the privilege of just telling these politicians what they'll accept and want.
@andreah6379
@andreah6379 3 жыл бұрын
What are you talking about? CEOs and corporations they own have ALWAYS fought the poor people and struggling middle-class!!!! They always fought to keep their status as "1st class" since Pilgrims landed! The greedy sociopathic/narcissistic rich own all Rethuglicon politicians, and one-too-many Democrats.
@helenboyles886
@helenboyles886 3 жыл бұрын
I have about 5% of my portfolio in uranium stock, any advice on any other stock that I can grow my $300k capital to a million dollars
@bitbcrypto...2118
@bitbcrypto...2118 3 жыл бұрын
You should buy and hold tech stock crypto investments
@atzapme7966
@atzapme7966 3 жыл бұрын
I don't think anybody should be left out when going for digital assets
@kaylafingerhut5814
@kaylafingerhut5814 3 жыл бұрын
That is to totally true, but how well does a financial advisor improve your profit? What is the experience like using an advisor?
@admin.6150
@admin.6150 3 жыл бұрын
Stocks are good, but crypto is next level man
@myfinancialfriend3721
@myfinancialfriend3721 3 жыл бұрын
This is impressive, how could someone go about getting investment guidance from a coach like that, do you mind sharing your coach Info?
@blackqueengenius7341
@blackqueengenius7341 3 жыл бұрын
You all STILL DON’T GET IT...these two parties are one and the same‼️‼️‼️‼️
@thejake8099
@thejake8099 3 жыл бұрын
So the Republicans are doing what for the public? Investigating Jan. 6th, fighting voter suppression in 47 states, promote repair of horrible roads and technology infrastructures??
@andreah6379
@andreah6379 3 жыл бұрын
@@JohnMoran it's not Democracy Now! that's the problem. It's ignorant Americans that buy into greedy rich B.S. from corporate-owned media.
@ronniechew6566
@ronniechew6566 3 жыл бұрын
I'm here because of Jeffrey Sachs. Democracy Now is now Corporate
@markbantz9699
@markbantz9699 2 жыл бұрын
It’s not just Biden! He can’t do it alone!
@janstapaj9689
@janstapaj9689 Жыл бұрын
This guy is right !!!!!!
@user-yo3fp6zz8y
@user-yo3fp6zz8y 11 күн бұрын
Both of you are stars!
@ravindertalwar553
@ravindertalwar553 Жыл бұрын
Thanks for the updates
@ksw7259
@ksw7259 2 жыл бұрын
Why America does not allow more party to participate.
@osiasnocum5855
@osiasnocum5855 3 жыл бұрын
Corporate Responsibility i hope goes in the right direction..
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