by But even President Biden’s “big” rhetoric doesn’t fully capture the scope of his policy ambitions. He wants nothing less than to complete the unfinished business of President Franklin D. Roosevelt’s 1930s-era New Deal, once again rejecting fiscal austerity while correcting for racist carve-outs, filling in the holes in our social and care infrastructure, and investing to abate the increasingly dire consequences of climate change. And he wants to demonstrate that the federal government—and the democratic processes undergirding it—can deliver for everyday workers and their families in the United States.Congress too has embraced this “unfinished New Deal” rhetoric, even going so far as to establish a Select Committee in the House of Representatives explicitly modeled on the FDR-era Temporary
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00
Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow
Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten
Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.
But even President Biden’s “big” rhetoric doesn’t fully capture the scope of his policy ambitions. He wants nothing less than to complete the unfinished business of President Franklin D. Roosevelt’s 1930s-era New Deal, once again rejecting fiscal austerity while correcting for racist carve-outs, filling in the holes in our social and care infrastructure, and investing to abate the increasingly dire consequences of climate change. And he wants to demonstrate that the federal government—and the democratic processes undergirding it—can deliver for everyday workers and their families in the United States.Two philosophies colllide — the market state versus the managerial state. China has already taken the decision and also the lead in this. Will the US follow or continue on the neoliberal road to social and political dysfunction?Congress too has embraced this “unfinished New Deal” rhetoric, even going so far as to establish a Select Committee in the House of Representatives explicitly modeled on the FDR-era Temporary National Economic Committee, which was launched in 1938 to study the deleterious effects of overly concentrated economic power. The new House Select Committee on Economic Disparity and Fairness in Growth, chaired by Rep. Jim Himes (D-CT), promises to “develop solutions to the key economic issue of our time: the yawning prosperity gap between wealthy Americans and everyone else.”...
WCEG — The Equitablog
Completing the unfinished New Deal to overcome 21st century U.S. economic inequality
David Mitchell