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from here: How to revive the American Dream - The Washington Post

Liz Warren, while being a mind-bending liberal compared to most other pols, is onto something.

By Elizabeth Warren and Bill de Blasio May 6 at 11:12 AM
Elizabeth Warren, a Democrat, represents Massachusetts in the Senate. Bill de Blasio, a Democrat, is mayor of New York.

In this land of big dreams, there was never a dream bigger or more important than the one so deeply rooted in our values that it became known as the American Dream. Across generations, Americans shared the belief that hard work would bring opportunity and a better life. America wasn’t perfect, but we invested in our kids and put in place policies to build a strong middle class.
We don’t do that anymore, and the result is clear: The rich get richer, while everyone else falls behind. The game is rigged, and the people who rigged it want it to stay that way. They claim that if we act to improve the economic well-being of hard-working Americans — whether by increasing the minimum wage, reining in lawbreakers on Wall Street or doing practically anything else — we will threaten economic growth.
They are wrong.
That thinking is backward. A growing body of research — including work done by Nobel Prize-winning economist Joseph Stiglitz and the Roosevelt Institute — shows clearly that an increasing disparity between rich and poor, cronyism and an economic system that works only for those at the top are bad for the middle class and bad for our economy.
When the economy works for everyone, consumers have money to spend at businesses, and when businesses have more customers, they build more factories, hire more workers and sell more products — and the economy grows. For decades, our economy was built around this core understanding. We made big investments in the things that would create opportunities for everyone: public schools and universities; roads and bridges and power grids; research that spurred new industries, technologies — and jobs — here in the United States. We supported strong unions that pushed for better wages and working conditions, seeing those unions improve lives both for their members and for workers everywhere.
And it worked. From the 1930s to the late 1970s, as gross domestic product went up, wages increased more or less across the board. As the economic pie got bigger, pretty much everyone was getting a little more. That was how the United States built a great middle class.
Then in the early 1980s, a new theory swept the country. Its disciples claimed that if government policies took care of the rich and powerful, wealth would trickle down for everyone else. Trickle-down believers cut taxes sharply for those at the top and pushed for “deregulation” that hobbled the cops on Wall Street and let the most powerful corporations far too often do as they pleased.
Trickle-down economics failed disastrously. The rich and powerful have become richer and more powerful . In the past 35 years, the top 10 percent got all the growth in income. The rest of America — 90 percent of Americans — got nothing. Zip. Zero.
Government policies matter and can make a difference. Strengthening the American Dream is about the basics:
● Make work pay by increasing the minimum wage, empowering unions to bargain collectively, ending abusive scheduling practices for hourly workers, getting people the overtime pay they deserve, ensuring equal pay for equal work and making sure employers follow the law and respect the rights of workers.
● End the squeeze on working parents by passing a paid family leave requirement and investing in child care, after-school programs and extended learning days. Let families with children have a chance to balance careers with quality time together.
● Ensure everyone can get a great education without drowning in debt. Rein in the cost of college and allow families to refinance student loans at lower rates. Give every child access to full-day pre-kindergarten. Education is still the best ticket to the middle class.
● Focus on research and innovation needed to develop the technologies of the future. Investments in medical and scientific research let us build whole new industries and give us the chance to create good jobs right here in *America.
● Invest in infrastructure — in roads, bridges, rail, water, power and broadband. Businesses can’t grow if the foundation crumbles beneath them. A 21st-century economy needs 21st-century infrastructure.
● Strengthen and expand Social Security, not just for today’s seniors but also for today’s young people. Work is changing. A strong Social Security system will ensure that all workers, no matter the number of jobs they piece together during their careers, can count on a secure retirement.
● Strengthen the rules of the marketplace. We don’t build a future by turning the biggest banks loose to do whatever they want, and markets don’t create value when corporations can cheat people or roll over their upstart competition.
● Promote fair trade by embracing only those trade policies that strengthen our economy, create good jobs with good wages and establish fair rules of the road for companies around the world. Our trade agreements shouldn’t help multinational companies gut environmental, health and safety standards here and abroad under the guise of promoting commerce.
● Reform the tax code by ending the billions in tax breaks for corporations shipping jobs overseas and big oil companies, while leveling the playing field so that millionaires and billionaires pay their fair share.
Rebuilding our middle class won’t be easy, but real change rarely is. It’s time to be bold.
The American Dream depends on it.
 

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The one that sticks in my mind are the free trade treaty's. These seem to never really favor the U.S. Some other policies I can see some merit in their thinking and others are just pie-in-the-sky liberal pipe dreams.
 

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The one that sticks in my mind are the free trade treaty's. These seem to never really favor the U.S. Some other policies I can see some merit in their thinking and others are just pie-in-the-sky liberal pipe dreams.
do you consider the Trans Pacific Partnership a liberal pipe dream? sure seems like all the Republicans are rubbing their hands in glee to get it passed...
 

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Would this be the "partnership" that a Democrat Administration has been negotiating for the last 6 years?
 

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do you consider the Trans Pacific Partnership a liberal pipe dream? sure seems like all the Republicans are rubbing their hands in glee to get it passed...
Who said anything about Republicans or Democrats in regards to these trade policies?

The others I speak of are "Free" education and the mandatory minimum wage.


Infrastructure, I completely agree with.

Tax Code. You will never understand that the goverment should not have to rob Peter to pay Paul.

I realize you are slightly blinded by your loyalty to a certain party, but maybe take a look at both sides.
 

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Would this be the "partnership" that a Democrat Administration has been negotiating for the last 6 years?
yes - and the one Bernie Sanders and Liz Warren, as well as a good number of the Dems are shouting slow down on, and the Republicans seem to want to have a vote on before anybody has time to read the entire thing.
 

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Got ya, the one the populists don't like but most Dems and Republicans support. I don't even know enough about it to have an opinion. I do know I have a very difficult time trusting sloganeering, pandering populists.
 

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Well, the American Dream was also shared north of the border. What we have now is polarization of classes, de-contenting of the middle class. More working poor and more wealth in the hands of the few at the very top. Sorry, but I agree that trickle down did not help anyone other than those at the top.

Manufacturing must move back to your town, those jobs created innovators, and buyers for your American Dream Lifestyle. Next problems: work ethic & incorrectly blaming things you can't change for the things you can.
 

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It is very simple. Look at the cities and states that liberals control (so called blue states) vs the ones that conservatives control (so called red states) and you will see a significant difference in how things are run and how well the middle class is doing. Red states are clearly blowing away blue states in just about every good statistic. Most Blue states are in bankruptcy or on the verge of it. Ms. Warren wants all the states to be run like the blue states so we are all miserable and need her to come save us and be under her thumb, just like all communist/Marxist want.
 

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Gov't Regulation (biggest jerb deterrent...29 hr. work week anyone?)

"Strengthen (change) the 'rules' of the Marketplace" (?) Not sure who decided that capitalism is a "game" (with 'rules' - see "fair" below), but if you're gonna get rid of something, and have the replacement "stick", you had better have the publics buy-in *cough Obamacare cough* before proceeding; otherwise, train wreck ensues. Yes, I'm betting the SCOTUS will lay what's left of Obamacare in the lap of Congress later this month. They will appropriate some stop-gap measure to keep subsidies as they are until mid-2017, so make preparations accordingly.

"fair" - one of those gray "feel good" words that liberals use to coerce the lazy, uninformed masses to accept their POV. When I was growing up (mid-60s through early 70's), you didn't hear that word uttered by anyone over ~10 years of age. Today everyone that uses it sounds...

like a 10 year old. :cry:
 

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Gov't Regulation (biggest jerb deterrent...29 hr. work week anyone?)

"Strengthen (change) the 'rules' of the Marketplace" (?) Not sure who decided that capitalism is a "game" (with 'rules' - see "fair" below), but if you're gonna get rid of something, and have the replacement "stick", you had better have the publics buy-in *cough Obamacare cough* before proceeding; otherwise, train wreck ensues. Yes, I'm betting the SCOTUS will lay what's left of Obamacare in the lap of Congress later this month. They will appropriate some stop-gap measure to keep subsidies as they are until mid-2017, so make preparations accordingly.

"fair" - one of those gray "feel good" words that liberals use to coerce the lazy, uninformed masses to accept their POV. When I was growing up (mid-60s through early 70's), you didn't hear that word uttered by anyone over ~10 years of age. Today everyone that uses it sounds...

like a 10 year old. :cry:
Sad really. Idiots have no clue.
 

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And there it goes. No need for name calling. That's a warning.
 

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And there it goes. No need for name calling. That's a warning.
I wasn't name calling who I quoted (I think, it's been so long.)... it's the people in office, lobbyists, and corporations. Not to mention the so-called startups and analysts rating them with an exaggerated future net worth. There's not even enough printed money to cover all the debt in the U.S. and it ought to be completely opposite to that effect.
 
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