boji said:
I for one will gauge her excellence by her effectiveness and shrewdness at improving her burrough without taxing the businesses there so hard they up and leave.
Sounds like you are talking about state and local taxes, which she won't be involved in at all??? State and local issues create an uneven playing field and sometimes cause businesses to relocate. As a Congressperson she'll have an impact on federal taxes and other regulatory issues. Federal policy also can cause businesses to move operations out of the country.
As for income inequality, that's not going to be solved with social programs or wealth redistribution, at least not like we imagine.
Unless we want to technologically move backwards or go to war or something (Let's see what happens as Trump's second term grows close). AI and automation is only going to exacerbate the rise of populism. Also I'm not sure what that means, populism. Socialism?
http://globaldialoguecenter.blogs.com/johnrenesch/2014/11/wealth-gap-unsustainable-duh.html
Edit: There are very good arguments to be had for UBI that most people, even myself inherently distrust, but we need to consider it if we want a middle class in the coming years.
A lot of what we are experiencing is a repeat of the late 1800s and early 1900s leading to the great depression. Wealth inequality was extremely high. There was a imbalance of power between labor and Capital. Read about the Robber Barons.
Workers were forced to work long hours for little pay and had little to no power for workplace safety etc...
This is attributed to the Laissez faire approach to the economy taken up to that point:
"abstention by governments from interfering in the workings of the free market."
It's pretty clear from history that a free market leads to stagnant wages, higher and higher business profit / Capital returns, and eventual destabilization.
People however are unable to learn from history - go figure.
Look at the decades after the great depression for some ideas. Basically, the state allocated power to workers through unions, minimum wage, regulations on work hours, safety etc..
The US had a strong middle class until most of these things were unwound, starting in the 1980s, and business/capital had an imbalance of power once more.
Whether you hate unions or not, the point is the government did things to create a balance of power between workers and capital. Maybe new ideas are needed for the next revolution, but the effect needs to be the same.
populism != socialism
socialism is state control of Capital and is the opposite of Capitalism. There are negatives at the extremes of either.
Populism is a political term referring to 'the people' rising up against 'the elite'