Bernie Sanders blasts ‘unfettered free trade’ as stock market reels and investors panic
Only hours after delivering a stem-winder speech in New Hampshire blasting income inequality created by economic policies that help the rich get richer while the poor stay poor, Democratic presidential contender Sen Bernie Sanders (I) ripped into “unfettered free trade” that is devastating workers.
On Twitter this morning, Sanders wrote: “The results are in. Unfettered free trade has been a disaster for working Americans. It is high time we ended our disastrous trade policies.”
Sander’s tweet came as investors panicked in what some are calling “Black Monday,” with the Dow Jones dropping a 1,000 points this morning, the worst meltdown since 2008.
While small investors were in a frenzy- selling off their nest egg before it disappears only to have large institutional investors swoop in and scoop up stocks at bargain prices – Sanders pointed out that the U.S. has never seen so much income inequality, dating back to 1928 – the year before the stock market crash launched the Great Depression, according to the Concord Monitor.
“Today, we live in the wealthiest country in the history of the world,” he said. “But very few people in America know that because they’re working two to three jobs, they can’t afford to send their kids to college . . . almost all of the wealth and much of the income is going to the top 1 percent.”
Sanders went on to marvel at members of the struggling middle-class who continue to vote Republican.
“I will never understand why working-class and middle-class Republicans continue to vote against their own best interest,” he said, adding that the GOP is on a mission to “attack the needs of working families.”
Sanders’ message of economic populism has drawn huge crowds, including an overflow crowd in Salem Sunday night, and is likely to gain even more national media attention now as the country slips into economic chaos, however brief it might be.
Watch portions of Sanders speech below (beginning at the 59:00 mark), uploaded to YouTube by SEOWise: