A while back I read this piece by Jared Bernstein on improving the economy and though there weren't a lot of really new ideas, his initial premise on fixing the economy "First do no harm" (from the Hippocratic Oath) struck me as a novel prescription (so to speak). And a premise that all too often, our own leaders ignore.
But not the Germans--I've read of their success, even through the downturn, with their own economy but this piece by Harold Meyerson explains it in a manner more for people like me whose eyes glaze over at the sight of the first economics pie chart. In a nutshell: the concerns of the working class are given equal weight as those of them that has the gold. Important note: in Germany, the rate of pay for the middle class has risen at roughly the same rate as those of the wealthy. Imagine that!
Here's the thing: when leaders look out for all and not for the few, things work out much better for the nation. It's not socialism. It's good sense.
Peace,
emaycee
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