Beto O'Rourke is getting all the attention, but Elizabeth Warren's economic policy proposals are....

[Omaha Steve]

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Warren's plans represent what many financially squeezed voters say they want: a clear and comprehensive accounting of how a would-be president would reduce their burdens.

In practice, voters respond to specific proposals less than personal charisma or simple familiarity. That explains why the Massachusetts senator lags behind opponents such as Beto O'Rourke, who recently joined the contest, in national polling, fundraising and media attention.

Yet a 2020 debate about average families' struggles to get ahead plays to Warren's strengths as a bankruptcy scholar, consumer advocate and second-term senator.

John Harwood | @johnjharwood
Published 8:01 AM ET Mon, 25 March 2019 Updated 6 Hours Ago


Tom Williams | CQ-Roll Call Group | Getty Images
Sen. Elizabeth Warren, D-Mass., questions Treasury Secretary Steve Mnuchin during a Senate Banking Committee hearing in Dirksen Building titled Domestic and International Policy Update, on May 18, 2017.
About 14,000 more families would pay taxes on estates worth over $7 million. That would finance 3 million new affordable housing units for low-income families.


The 75,000 richest families would pay a 2 percent tax on the value of their wealth above $50 million; the 900 families worth more than $1 billion would pay another 1 percent. That would finance child care and early childhood education for 12 million kids under 5 — free of charge for families below 200 percent of the poverty line.

Workers would gain more clout by acquiring the power to elect 40 percent of large corporate boards. Consumers would face technology behemoths a little smaller than today. Corporations could not wield influence by hiring ex-lawmakers and Cabinet members to lobby the government on their behalf.

Each of these proposals from Democratic presidential candidate Elizabeth Warren would be difficult to enact, at best. Each would arouse fierce opposition from those who would pay the bill, including the economic titans of Wall Street.

FULL story: https://www.cnbc.com/2019/03/25/beto-orourke-gets-the-attention-but-warrens-proposals-lead-2020-pack.html

[stuffmatters]

1. Since S. Brown declined, Warren to me is the most consistent, pragmatic,and visionary candidate

We need a 21st Century New Deal; so far Warren is the only one who's shown the depth of knowledge, fierce history of proposals,actions & votes, and the determined inclusion of all tiers of the 99% to lead our Country back to economic, social and climate democracy.

FDR had Francis Perkins to architect his New Deal; I love that in our 21st century Warren can be President and her own Francis Perkins.