I keep hearing that the Democratic presidential candidates are suggesting “radical” economic ideas. It’s not true. The candidates are not seeking radical change with their main proposals — like Elizabeth Warren’s tax on wealth or Kamala Harris’s big anti-poverty tax plan. They are instead trying to undo some of the radical increases in economic inequality over the past 40 years. My column today makes the full version of this case and explains why keeping the version of the United States that we have long known — optimistic, future-oriented and more powerful than any other nation — depends on undoing extreme inequality.
If you missed this last month, take a look: “What’s Really Radical? Not Taxing the Rich: It’s time to reverse the extreme upward redistribution of the last 40 years.”
Quote of the Day
I sincerely believe … that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.~Thomas Jefferson
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