The pressures on the so-called "squeezed middle" are now intense. These pressures will not be eased without pro-growth macro-economic policies, activist industrial strategies, stronger unions, higher real incomes across the board, and tougher action against inequality. A return to the Anglo-Saxon model will lead to stagnation, higher unemployment and even bigger public-sector deficits.
Now it's time to deliver.
I guess I should disclose Larry and I are both members of the Green New Deal group.