A preview of my weekly read-around for the Washington Center for Equitable Growth: 1) It used to be that there were high-wage occupations and high-wage firms, and that these were different and, to a large extent, countervailing sources of income inequality. But over the past generation this has ceased to be the case to a remarkable degree. How much of this is deunionization? How much of this is tech winner-take-all, and why has modern tech been so friendly to winner—or, rather, winning-team—take all? These are still profound mysteries to me:
There's a lot of harmony between these two pieces #6 and #8- Ganz: "The left in America today is… weird…. The idea that this [Biden Administration] is some kind of liberal trap and the correct path is back out into the wilderness seems wrong…." Sargent: "those who suggested that winning bipartisan cooperation would have been an inherent good were necessarily offering an opinion on policy: They were saying a much smaller package would have been a better outcome than what did happen, because it was bipartisan…." In other words, the Left and the Middle in U.S. politics seem to be doing what they can to sabotage real policy reform, by undercutting the boldest programs that can actually be passed, for different ideological reasons. Or because they listen to different Pied Pipers, Sanders on the left and GOP leadership on the right. Pray that Schumer gets religion and Sanders takes a back seat!
There's a lot of harmony between these two pieces #6 and #8- Ganz: "The left in America today is… weird…. The idea that this [Biden Administration] is some kind of liberal trap and the correct path is back out into the wilderness seems wrong…." Sargent: "those who suggested that winning bipartisan cooperation would have been an inherent good were necessarily offering an opinion on policy: They were saying a much smaller package would have been a better outcome than what did happen, because it was bipartisan…." In other words, the Left and the Middle in U.S. politics seem to be doing what they can to sabotage real policy reform, by undercutting the boldest programs that can actually be passed, for different ideological reasons. Or because they listen to different Pied Pipers, Sanders on the left and GOP leadership on the right. Pray that Schumer gets religion and Sanders takes a back seat!