… Is a new majority in fact ready to support a political agenda based on ending or reducing economic inequality through government activism? There are circumstances like those of the early 1930s when a majority of Americans have backed progressive economic reform and government intervention and even the kind of radical reforms envisaged by the Roosevelt Institute—but are we in fact living in such a period?
I fear that the new populist approach is based on several assumptions—about the economy and the electorate—that are feeding false hopes of success. CONT.
John B. Judis, National Journal