I like Warren and would certainly vote for her if she is the party’s choice. My preference for Bernie is the result of knowing his economics team and how they share a transformational view of our economy. Warren is committed to the dysfunctional system we now have and tweaking it around the edges while Bernie would likely turn the present system on its head, possibly even burning it down and starting over if required to return the power of the purse to the people.
If the people could be released from the shackles of myths and outdated concepts of their money, as they were under FDR and up to RayGun, they would “demand” many of the benefits that are taken for granted in more “socialist” countries. The knee jerk reaction Americans have to socialism was actually reinforced by the success of FDR-style socialism, but with capitalists taking credit for it.
The New Deal ushered in American economic leadership in a world torn apart by WWII, but as other nations recovered by adopting socialism out of necessity, Americans began falling behind because the oligarchs that had fomented much of the destruction of the war, financing, and profiting from both sides, found fertile ground in America’s ignorant and mistaken concept of capitalism as a superior economic model.
America’s over the top claim of superiority in all things, perfectly embodied in the election of Trump, is the result of decades of propaganda aimed at surrounding any mention of socialist policies with a negative connotation. While both Warren and Sanders embrace more socialist policies, Warren still adheres to the mistaken concept that they should be paid for by forcing the oligarchy to “share” more of its wealth with the working class.
Bernie’s policies, even though he presents taxation of the wealthy whenever asked how he will pay for them, are based on the knowledge of all money being a product of spending by our government, not a product of capitalism. This distinction is extremely liberating to a Congress that is Constitutionally mandated to create currency as a no-cost commodity to shape the economy. No longer constrained by revenue, Congress becomes politically answerable for any misery that can be mitigated by spending with no cover from fear-mongering of the deficit or debt.
This is a yuuuuge difference from the present policy of approaching the wealthy with hat in hand begging them for enough of their wealth to fund the general economy. The best way to handle the avarice of the wealthy is to make them irrelevant to our general welfare, freeing America from the concept of “job creators” it is dependent upon. Doing so opens the floodgate of taxation of their wealth, not to “fund” anything, but just because they have too damn much money and they use it to undermine democracy.
