Warren brings a breath of fresh air to debates
In many ways, the economic debate in the U.S. has been stuck for quite a while. Progressives want higher taxes on the rich, more spending on the poor and more government health care; conservatives and libertarians want less. The 2016 election brought some innovation, with Donald Trump's protectionism and the socialist revival sparked by Bernie Sanders.
But the biggest breath of fresh air is coming from Democratic presidential candidate and Massachusetts Senator Elizabeth Warren.
Just since the start of this year, Warren has released no fewer than 19 detailed economic policy proposals. This outpouring of ideas has been so dramatic that it has spawned Twitter hashtags such as #shehasaplan.
Warrens ideas are neither the cautious, technocratic tweaks that tend to emerge from centrist think tanks, nor the bold but vague promises often issued by the socialist left. Nor are they merely a laundry list of campaign promises. Instead, they represent a coherent, unified program for transforming the U.S. economy.
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Warren's ideas are also notable for their specificity. In their recent book Concrete Economics, economist Brad DeLong and historian Stephen S. Cohen argued that successful policy programs should have concrete goal instead of leaving the future up to the vagaries of the market. Warren seems intent on doing exactly that - under her industrialist program, Americans would get more housing, more opportunity to start their own businesses and more respect and power at work. They would also get more child care, cancellation of student debt, assistance with addiction, and a number of other tangible benefits. A health care plan is surely also forthcoming.
https://www.mcall.com/opinion/mc-opi-elizabeth-warren-new-deal-20190626-7apki5ilxbfedfaccelmzuoyyi-story.html