Timothy Shepard for United States Senate

Restore Democracy. Reform Capitalism. Invest In Our Future

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Abundance

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Before 1980, economic growth was distributed across class. After 1980, not so much

We are in the midst of the most significant economic transformation in the history of our country and the world. Our institutions are years behind the curve, and the majority of Americans are getting left behind.

It is time to build an economy that puts people at the center. My platform is built around the core idea that everything should serve ALL humans, not just those at the top.

Abundance

Since the early 1980s, America has implemented a very unfair taxation system. The time has come for us to switch back to abundance. It is time that we unlocked humanity’s potential by moving our political discourse toward a mindset that there is enough to go around, and we do not need to fight for scraps. We need to fight for policies that will allow ordinary citizens and small and medium-sized businesses to get their heads up and plan for the future.

Before 1980, economic growth lifted all boats and was evenly distributed across social economic classes. After 1980, the economic gains have been concentrated heavily on the top 1%.
Before 1980, economic growth lifted all boats and was evenly distributed across social-economic classes. After 1980, the economic gains have been concentrated heavily on the top 1% with the bottom 50% only enjoying a 1% increase. Data source: Thomas Piketty, Emmanuel Saez, and Gabriel Zucman, “Distributional National Accounts: Methods and Estimates for the United States.” Working Paper 22945. NBER Working Papers. National Bureau of Economic Research, 2016. Sourced from, “Open, the Progressive Case for Free Trade, Immigration, and Global Capital,” by Kimberly Clausing.

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