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The President’s Economics Speech, First Impressions


I thought the President gave a resonant and powerful speech today, as he often does when he’s covering this material on the road.  The analysis flowed insightfully from diagnosis to prescription, with a correct and strong emphasis on how the economy and policy has changed over recent decades in ways that exacerbate the disconnect between middle-class prosperity and the economy’s growth.

The policy agenda emphasized clean energy, infrastructure, manufacturing jobs, education (pre-K and community college), college affordability, affordable health care, help with refis, savings incentives for retirement, and help for vulnerable cities/neighborhoods.  It notably did not dwell on debt, deficits, and austerity (see Greg Sargent on that last point)...