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The Economic Agenda

THE MIDTERM elections were in part a repudiation of Republican economic priorities. The economy has grown strongly for five years even though it is slowing now, but the fruits of prosperity have not been shared widely. While corporate profits and pay for people at the top have risen, the majority of the workforce has experienced a stagnation of pay that stretches back, with only brief respites, to around 1980. The Republican Party has veered between denying the data and acknowledging middle-class anxiety while offering nothing to assuage it. The Democrats have understood the nation's economic insecurity, and they have been rewarded....
 
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