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pecosbob

pecosbob's Journal
pecosbob's Journal
August 14, 2018

'Bad economic theories that have guided the policies of both parties for more than 30 years'

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 center—the 80 percent of families who have been left behind by 40 years of trickle-down economics. Raise wages now. That’s the kind of pragmatic centrism the majority of Americans truly want, and that our economy needs.'

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Member since: Wed Oct 26, 2016, 05:18 PM
Number of posts: 7,534

About pecosbob

Don't take what I say too seriously...I'm a dumb-ass.
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