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The 1 percent hollowed out the middle class and our industrial base. And Washington just let it happen.
The lesson of the last 40 years is that we can’t depend on the free
market to sustain a middle class. It’s not going to happen without
government intervention. Even when American industry dominated the
world, one reason workers prospered was that the economy operated on New
Deal underpinnings, which included legal protections for labor unions,
government regulation of industry and high marginal income tax rates.
http://www.alternet.org/rip-middle-class-1946-2013?akid=10961.294211.M3PKoA&rd=1&src=newsletter899398&t=15
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