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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums'Bad economic theories that have guided the policies of both parties for more than 30 years'
Last edited Tue Aug 14, 2018, 01:18 PM - Edit history (1)
Food for thought...just want to toss some economic realities into the political conversation. 'Economic policy agenda that necessarily balances the interests of business (the few) versus the interests of labor (the many)' is a losing platform and a recipe for inequality. Article is by Nick Hanauer, Seattle-based venture capitalist.
[link:https://www.politico.com/magazine/story/2018/08/14/democrats-must-reclaim-the-center-by-moving-hard-left-219354|]
'Democrats need to stop balancing the economic interests of the top 2 percent against the interests of everyone else and start focusing on the needs of the majoritarian centerthe 80 percent of families who have been left behind by 40 years of trickle-down economics. Raise wages now. Thats the kind of pragmatic centrism the majority of Americans truly want, and that our economy needs.'
DonCoquixote
(13,615 posts)For you centrist Democrats who have long dominated the party establishment, it is time for you to admit that a pragmatically centrist agenda that enjoys neither majority support nor serves a majority of voters, is neither pragmatic nor centrist. In fact, its suicidal. Indeed, when Starbucks CEO Howard Schultz earnestly insists that Democrats must go after entitlements (Medicare for Fewer rather than Medicare for All), his only real chance of uniting voters is in opposition to Howard Schultz. And dont you dare think for a moment that you somehow know better than voters whats good for them, because Econ 101! or something. Econ 101 is bullshitat least in the way that its been relentlessly misapplied to public policy these past 40 years.
pecosbob
(7,511 posts)unless you really don't understand economics or don't care...