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1/5
I disagree. I don't think American democracy was trashed. It was certainly bruised, but democracy is a messy process, and it is especially messy during times when political institutions must adjust to great underlying changes. But that is also its great strength: however... https://twitter.com/BW/status/1347177456118231040
I disagree. I don't think American democracy was trashed. It was certainly bruised, but democracy is a messy process, and it is especially messy during times when political institutions must adjust to great underlying changes. But that is also its great strength: however... https://twitter.com/BW/status/1347177456118231040
2/5
messily they do so, democracies adjust.
One thing we can say about recent events in Washington is that they should make the urgency of adjustment all the more clear to Republican and Democrat policymakers. The direction should also be pretty clear. Throughout American...
messily they do so, democracies adjust.
One thing we can say about recent events in Washington is that they should make the urgency of adjustment all the more clear to Republican and Democrat policymakers. The direction should also be pretty clear. Throughout American...
3/5
history a long period of soaring wealth for the elite and economic stagnation for the masses has always led first to deep resentment, and then to political chaos and conflict which at times even seemed a challenge to democracy, but always ended up strengthening it.
history a long period of soaring wealth for the elite and economic stagnation for the masses has always led first to deep resentment, and then to political chaos and conflict which at times even seemed a challenge to democracy, but always ended up strengthening it.
4/5
There was never any reason to believe that the past few decades would be any different, and because we ignored the problem for so long as we allowed our financial elites to capture the policymaking process, we were ultimately punished by the election of Trump. That is...
There was never any reason to believe that the past few decades would be any different, and because we ignored the problem for so long as we allowed our financial elites to capture the policymaking process, we were ultimately punished by the election of Trump. That is...
5/5
why I would say that the top economic priority of the Biden administration and the Congress should be to re-ignite income growth among the bottom half of Americans and to reverse decades of rising income inequality.
why I would say that the top economic priority of the Biden administration and the Congress should be to re-ignite income growth among the bottom half of Americans and to reverse decades of rising income inequality.
