“Economic growth and rising productivity are needed for broadly shared prosperity, but rising living standards require policies that ensure regular increases in the minimum wage, which peaked in 1968; greater investment in the social safety net; full employment as a government priority; progressive taxation; and effective financial regulation to avoid overgrowth followed by collapse.”
While the editorial is right to point out that the Republican presidential candidates disagree with the quoted policies. It’s baffling to me that the Times thinks President Obama does.
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