The Briefing Room
General Category => Elections 2024 => Topic started by: mystery-ak on May 25, 2023, 01:29:29 am
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RFK Jr. Champions Economic Populism: Protect American Workers with Tariffs
John Binder 24 May 2023
Democrat presidential candidate Robert F. Kennedy Jr. is championing a populist-nationalist approach to the United States economy, vowing to impose tariffs on foreign imports to protect American workers and industries from unfair trade competition.
In a series of Twitter posts, Kennedy detailed the nation’s growing wealth inequalities whereby the very top earners — many of which are billionaires — have seen their share of income grow exponentially while the share of income among working- and middle-class Americans has steadily declined.
The breakdown of unions — in part, as a result of decades-long job-killing free trade policies — has coincided with growing income inequalities, Kennedy noted.
“The top share of income going to the top 10% has increased from 35% in 1945 to more than 45% today. Union membership has declined in the same period from 33% to about 10% — its lowest level since the 1930s,” he wrote on Twitter:
From the end of WWII through the 1980s, income distribution stayed relatively constant. But union membership began declining, and the share of income going to the bottom 90% followed it. Capitalism only functions equitably if workers have the collective bargaining power of unions, so they can claim a fair share of the economic pie.
more
https://www.breitbart.com/politics/2023/05/24/rjk-jr-protect-american-workers-tariffs/