US economic structure wrong for average American – Democratic Congressman
“What we had was that Wall Street dictated a bailout. Wall Street dictated the terms of reforms. Wall Street was getting their banks taken care of and Main Street was losing jobs, income dropping, losing homes, and people are going to hold the party in power responsible – which is what they did,” Dennis Kucinich said.
Kucinich said that the structure of the US economy just does not work anymore for an average working person.
“The American economic system, when it comes to delivering food to the practical aspirations of Americans, is falling apart,” he said. “The economic system itself is the problem, and whether it’s a Democrat or a Republican in charge of it, look, it is a faulty vehicle right now.”
Kucinich added, “America has to go through a restructuring, because frankly, the way the economy is set up right now, is against the working people, it is against the middle class.”
He said that if Republicans and Democrats, the two major parties which have a responsibility to the American people, fail to deliver in the following two years – the tidal forces of voter anger are going to wash both parties out.