Evidently far left extremists haven't learned what drives progress for ALL Americans....
https://www.realclearpolitics.com/a...dates_are_missing_economic_growth_141439.html
While running for president in 1960, John F. Kennedy campaigned against the moderate growth economy (2.5% annual GDP rise) in the last years of the Eisenhower administration. He appealed to Americans' highest aspirations by saying in his typical Boston drawl: "We can do bettah." JFK promised 4% and 5% rates of annual economic progress for the nation -- and he delivered.
Those were the days.
What a contrast to the proposals and rhetoric from today's presidential candidates. I've watched many hours of Democratic presidential debates and have yet to hear an impassioned plea for faster growth. Many of the candidates -- including Sens. Elizabeth Warren, Kamala Harris and Bernie Sanders -- seem far more designed to reduce "inequality" or hand out free things to voters rather than expanding the economy.
The policy ideas would divide the pie differently, rather than expand the size of the pie for everyone. So much for the JFK idea of a "rising tide lifting all boats."
The new economic message of progressivism is grounded more in envy and giveaways than prosperity and opportunity. Sometimes liberals seem so obsessed with income inequality they seem contemptuous of growth because it makes the rich, richer.
https://www.realclearpolitics.com/a...dates_are_missing_economic_growth_141439.html
While running for president in 1960, John F. Kennedy campaigned against the moderate growth economy (2.5% annual GDP rise) in the last years of the Eisenhower administration. He appealed to Americans' highest aspirations by saying in his typical Boston drawl: "We can do bettah." JFK promised 4% and 5% rates of annual economic progress for the nation -- and he delivered.
Those were the days.
What a contrast to the proposals and rhetoric from today's presidential candidates. I've watched many hours of Democratic presidential debates and have yet to hear an impassioned plea for faster growth. Many of the candidates -- including Sens. Elizabeth Warren, Kamala Harris and Bernie Sanders -- seem far more designed to reduce "inequality" or hand out free things to voters rather than expanding the economy.
The policy ideas would divide the pie differently, rather than expand the size of the pie for everyone. So much for the JFK idea of a "rising tide lifting all boats."
The new economic message of progressivism is grounded more in envy and giveaways than prosperity and opportunity. Sometimes liberals seem so obsessed with income inequality they seem contemptuous of growth because it makes the rich, richer.
