December 18, 2013
Thomas Edsall does a very nice job of making a distinction between a political agenda focused on providing basic needs for the poor (known in these parts as “loser liberalism“) and an agenda focused on structuring the economy so that growth benefits everyone rather than just those at the top. This point is a central, if often overlooked, theme of political debate. (See also my new book with Jared Bernstein on Full Employment. While getting to full employment is a policy decision, leaving tens of millions unemployed or underemployed is also a policy decision. Those fiscally conservative budgets don’t come from the gods.)
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