The National Memo
New York Times
Four out of every five - or more - have said the government makes them feel either angry or frustrated. These frustrated Americans may not fully realize it, but there's a strong case for more government - not less - as the most promising way to improve the nation's standard of living. The American government pretty much stopped growing when the civil rights movement forced whites to share public space with African Americans, then Latinos, Asians and Native Americans.
Congressional Progressive Caucus urged members to reject the so-called Cromnibus if a provision which helps big banks trade derivatives in units backstopped by a government guarantee remained in the spending measure. This kind of activity was a cause of the 2008 crisis - it a giveaway to wealthy campaign donors and Wall Street banks. Analysis for more information about key takeaways from the proposed spending bill, as well as a few controversial surprises.
If high unemployment is one of the obstacles to more equitable growth, then the question is: how do we achieve full employment? There are four main ways. Each route faces substantial political opposition, both because of powerful interests that would be hurt by paying higher wages and because of popular prejudices that are persistently promoted in the media.
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