Мобильный 1 Add news
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021April 2021May 2021June 2021July 2021August 2021September 2021October 2021November 2021
News Every Day |

The People Dream of a President Who Will Take on Corporations

There’s been no shortage of hand-wringing in recent weeks about President Joe Biden, the Democratic Party, and their electoral prospects. The president faces increasing concerns about the economy, an ongoing pandemic, and dwindling time to tackle the climate crisis—all amid intransigence from his own party’s centrists and a damaging loss in the Virginia gubernatorial race. Many well-compensated pundits and political consultants have begun either preemptively writing obituaries for the party or encouraging Biden simply to abandon his agenda and pivot, in some undefined way, to the center-rightwhere solutions are forever said to be at hand but never seem to emerge.

Obviously, Biden faces some potent headwinds. But it may shock these pundits and consultants to learn that solving big problems while under pressure is the nutshell description of the president of the United States’ job—and that the president has methods of doing so besides giving televised speeches or begging Congress to act. Instead, through the existing powers of the executive branch, Biden can enact good policy, practice good politics, and make life tangibly better for people across the country. The prospects for the Biden administration still teem with possibilities—and the American people have their own ideas about what direction he should head.

We must recognize the common root cause of many of the problems we are currently enduring: corporate greed. For instance, the supply chain shortages we face are a consequence of threadbare logistics systems designed to cut as many corners as possible, all for the purpose of maximizing shareholders’ profits. Additionally, the only way finally to stop Covid-19 is to get the whole world vaccinated as fast as possible, and the only way to do that is to open the intellectual property restrictions furiously guarded by Big Pharma manufacturers. Furthermore, the oil firms behind our environmental crisis shamelessly lied to the public about climate change for decades, all while violating anti-pollution and tribal sovereignty laws with impunity. In all of these cases, firms have not just defied the public interest—they’ve often broken the law.

Cracking down on abuses like these is the only way actually to address many of the problems Americans face today. Moreover, taking highly public action against these bad corporate actors makes for a very persuasive political argument that Democrats are fighting for ordinary, working people: I am on your team, and I will punish the people who cheated you. A Biden administration that pursues crooked CEOs and brings down abusive corporate titans will find a willing audience in the American public.

The proof is in the polling. Data for Progress recently surveyed attitudes of likely voters toward corporations that break the law for profit and whether they’d support a president who prioritizes corporate accountability. The results, provided to The New Republic, were astonishing. Voters agree with the statement “Wealthy people and corporations are regularly not punished for breaking the law” by a margin of +67 percentage points. Additionally, with a +80-point margin, likely voters agreed with the statement “When wealthy people and corporations are not punished for breaking laws, people lose trust in the government and the rule of law.” Increasing funding for federal investigations into corporate lawbreaking was backed by a +49-point margin of support.

These extraordinary levels of support reflect deeply felt grievances among the electorate. What’s even more notable is that this support crosses partisan lines: 70 percent of Republicans and 70 percent of Democrats surveyed believe the Biden administration should do more to hold lawbreaking corporations accountable. Clearly, maintaining the status quo is not a winning position.

Importantly, cracking down on our golden age of white-collar crime does not require a single vote from Congress. All it takes is Biden fully utilizing the massive powers of the executive branch already at his disposal. The Revolving Door Project and Data for Progress are releasing a set of “scorecards” for Biden’s executive branch across a range of policy areas in the coming months, both highlighting the existing successes of the Biden administration and providing a pathway for the administration to rein in further abuse.

The modern presidency was originally designed to wage and win these fights. Much of the executive branch was created after the first Gilded Age, in hopes of preventing its widespread abuses from ever happening again. We made a Federal Trade Commission to prevent consumer abuses and bust monopolies. We made an Environmental Protection Agency to protect our biosphere and ensure tribal sovereignty, and bring the hammer down on any firm that would violate either. We made a whole alphabet soup of financial regulators to rein in Wall Street.

Over the decades, a combination of capture, ideology, funding cuts, and wrongfully decided court cases hollowed out these and other agencies, allowing corporate America to run rampant once again. Reversing this trend is not only necessary policy, it can be excellent politics. With a properly run executive branch, Biden can crack down on corporate abuses and rightly take public credit, to the likely thrill of voters in a tough election year.

We’re starting our scorecard series with an issue dear to the president’s heart and the party’s electoral prospects: American labor. While union leaders have hailed Biden as the most pro-labor president of their lifetimes, there is far more Biden and the executive branch could be doing to protect workers. Directing his Department of Labor to turn its Red Scare–era powers to surveil unions back on the consultants and union-busting firms that trample them would be one place to start.

Biden understands the potency of this type of American populism. When he ran for president, he notably advanced rhetoric of fighting for Scranton, not Park Avenue. He saw that the surest approach to picking up swing voters and securing turnout was not coddling the powerful but sharpening his tongue against them and signaling that his executive branch would fight for the little guy. It is time for Biden to walk that walk. The potential consequences of failure are indeed dire, but with the right messaging and the right approach, Biden can make life better for the people—and win elections to boot.

Read also

Police investigate Black Friday mall shooting in Washington

We must review professionalism, regulation after Ikoyi building collapse – Raji, Odu’a Investment GMD

Australian state on edge about Omicron virus variant arrival

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Global Plant-based Meat Market to Offer Increased Growth Prospects for Manufacturers

Today24.pro — latest news 24/7. You can add your news instantly now — here

News Every Day

Stacey Solomon reveals hair transformation on date night after accidentally dying her eyebrows RED

Sports today

Новости тенниса
Даниил Медведев

Даниил Медведев: Нужно сражаться за каждое очко в матчах Кубка Дэвиса

Спорт в России и мире

Созин призвал Карпина включить разум и вызвать Дзюбу на стыковой матч против Польши


All sports news today


Sports in Russia today

РБК вспомнил о смертях российских хоккеистов из-за травм

Новости России

Game News

Fortnite's 'The End' event: Everything we know


Вирусолог Альтштейн оценил вероятность появления омикрон-штамма COVID-19 в России

Губернаторы России

Эксперт Сбер Управление Активами рассказал, что будет с облигациями госкомпаний на фоне слухов о дефолтах

«Родине» не пригодился, а в «Волге» прижился. Чем уникален футболист Алексей Каштанов

Путин: личный состав ВС РФ надежно защищен от коронавируса

Врач Яковлев заявил, что самыми опасными после прививки от COVID-19 являются первые недели

В Москве 15-летняя девочка отравились противозачаточными таблетками, прописанными врачом

Композитор Александр Градский умер после экстренной госпитализации в Москве

СМИ: пострадавшей в пожаре Хлебниковой понадобятся сложные пластические операции

Саксофонист Бутман заявил, что Путин может сыграть Баха «двумя руками»

Яков Якубович раскритиковал планы Минтруда РФ по борьбе с теневой занятостью

Медведев обеспечил России победу над Эквадором в Кубке Дэвиса

Медведев принес России победу в матче Кубка Дэвиса против эквадорцев

Даниил Медведев: "Кубок Дэвиса" потому и является особенным, что на нём может произойти немало неожиданностей

Медведев пятый в туре ATP по числу эйсов в 2021 году

Умер композитор Александр Градский

Пострадавшая при пожаре певица Марина Хлебникова начала дышать самостоятельно

Вирусолог Альтштейн оценил вероятность появления омикрон-штамма COVID-19 в России

Эстония собирается профинансировать строительство хранилища ЯО в Украине. Одобрит ли МАГАТЭ?

Вне конкуренции! Шьем элегантное пальто оверсайз⠀

Кедми: «России достаточно “чихнуть”, чтобы от майдановского режима ничего не осталось»

Антиваксеры устроили скандал при посещении красной зоны в больнице в Москве

Пятый канал: Александр Градский умер на 73-м году жизни

Путин в России и мире

Персональные новости

Александр Градский

Режиссер Герман—младший поделился воспоминаниями о Градском

News Every Day

Party Supplies Market Growth to Surge Owing to Increasing Adoption by End-use Applications

Friends of Today24

Музыкальные новости
"Воскресенье " Олег Митяев

Персональные новости
Близкий друг Путина миллиардер Пугачев. Вся правда о Путине, его семье и деньгах. В гостях у Гордона (2021)

Навальный об уволенном за пост священнике (2021)

Slava Marlow – суперуспех и депрессия в 21 год / вДудь (2021)

Обнаглевшие дети путинской элиты (2021)

Дайте собакам мяса (новый звук) -Владимир Высоцкий

Группа "Рождество" - песня "Так хочется жить!" (Видео с концерта в Киеве группы "РОЖДЕСТВО" в 2011 году в Доме офицеров)

Adriano Celentano Любимая песня Челентано (высочайшая энергетика) talentTV