Hillary Clinton’s big speech about the economy on Monday generated a wide range of reactions from the punditocracy….
My reaction was that the speech suggested serious intentions to tackle the problem of wage stagnation and to boost middle-class incomes….
One thing Clinton didn’t do was utter the “R-word” — redistribution — which would surely be a central element of any serious revival of old-fashioned American liberalism. Instead, she talked about encouraging “fair growth,” which is another term for inclusive prosperity. Speaking on this theme, she said, for example, “We have to get serious about supporting workers,” and, referring to the need for tax reform, “Those at the top have to pay their fair share.”