November 16, 2024

DEMOCRATS

RBReich - In the next two months, Senate Democrats can...

-Fill 47 judicial vacancies
-Ensure a Dem majority on the NLRB
-Appoint key regulators to the SEC and FDIC to protect the American people from financial fraud-
-Reappoint FTC Chair Lina Khan

Democrats need to act. Now.

Robert Reich, The GuardianWhat’s the Lesson of the 2024 election? According to exit polls, Americans voted mainly on the economy – and their votes reflected their class and level of education.

While the US economy has improved over the last two years according to standard economic measures, most Americans without college degrees – that’s the majority – have not felt it.

In fact, most Americans without college degrees have not felt much economic improvement for four decades, and their jobs have grown less secure.

The real median wage of the bottom 90% is stuck nearly where it was in the early 1990s, even though the economy is more than twice as large now as it was then. Most of the economy’s gains have gone to the top.

This has caused many Americans to feel frustrated and angry. Trump gave voice to that anger. Harris did not.  The real lesson of the 2024 election is that Democrats must not just give voice to the anger, but also explain how record inequality has corrupted our system, and pledge to limit the political power of big corporations and the super-rich.

 

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