It argues that
American economic policymakers embarked on the wrong path in the 1970s, when they began tailoring rules to benefit the wealthy in the belief that rich people were «the true drivers of the economy.»
Not exact matches
It is imperative that our
policymakers find ways to compensate
Americans whose jobs are threatened by global
economic integration.
This mistaken belief that
American savings are wholly a function of
American household preferences arises because most economists — and, it seems,
policymakers — can only imagine
American households as autonomous
economic units, and are seemingly incapable of imaging them as units within a system in which there are certain inflexible constraints.
«The feeling is there are many rules that are so old that they're out of sync with what you need to promote
economic growth and that's a conversation
policymakers are now willing to have,» said Wayne Abernathy, executive vice president at the
American Bankers Association, a bank trade group.
The Center for
American Progress hopes that this report's focus on
economic integration is reflective of current policies and practices and helpful for future stakeholders and
policymakers.