Policies based on a hyper-liberal approach, which she shared with Ronald Reagan, had massive adverse consequences over time and space. She started a class war,but did not promote economic growth in the UK, as she is widely credited to have done.
Raising the minimum wage and incorporating a system for automatic adjustment over time is key to reversing this erosion of low-wage workers’ earnings, and would help combat growth of income inequality.
According to the "flexibility bill", a worker’s agreement to receive comp time instead of overtime pay is supposed to be voluntary. But anyone who has worked at a $10 an hour job understands what it is to get an offer from your employer that you can’t refuse.
In this important essay the Author deals with the structure and the functioning of the oil market and the causes of its instability, listing a series of policies that would mitigate the instability and therefore reduce the shocks to the economy.
Democrats keep telling their growing coalition to wait and the economic policies they've been hoping for will come. Unfortunately, the Obama administration's agenda can't back up that promise.