Stagnant wages and rising inflation continue to hurt working people.

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Working people in America are screwed. Just as corporate profits have reached pre-recession levels – and in fact shattered 60-year records in 2011 – working people have yet to see any of the gains. In January – average hourly wages climbed a meager 1.5% from where they were last year – but core inflation – the price of things like food and energy – increased by 2.3%, meaning working Americans aren’t collecting the paychecks they need to keep up with rising living costs.

Between 2009 and 2011 – 88% of our nation’s income went to corporate profits – whereas only 1% went into working people’s wages. This is theft – and it’s the sort of theft that’s been made legal – and even been promoted – by 30-years of Reaganomics. We have to roll back the Reagan tax cuts – close tax loopholes for corporate outsourcers – and bring democracy back into the workplace through unions.

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Bernie Sanders Could be the Next FDR

Tuesday night, I appeared on the Last Word with Lawrence O’Donnell to talk about Elizabeth Warren, the rise of progressives within the Democratic Party, and what this means for Bernie Sanders’ presidential campaign.

At one point in our discussion, the conversation turned to whether Bernie represents the closest thing to an Elizabeth Warren candidacy.

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