The most important line in Bill Clinton's speech this week was this: "[Obama] has laid the foundations for a new, modern, successful economy of shared prosperity. And if you will renew the president's contract, you will feel it. You will feel it." That comment jumped out at me the moment he said it, and I knew it was not good.
But then he went on to say, "President Obama's approach embodies the values, the ideas and the direction America has to take to build a 21st-century version of the American dream, a nation of shared opportunities, shared responsibilities, shared prosperity a shared sense of community."
Richard Trumka also opened the convention with these quotes: "Our history teaches us that shared prosperity is the only kind that lasts," and "President Obama and Vice President Biden have put the country on the right path – toward jobs and shared prosperity."
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Please go to gpn.org to find out what he was referring to. These guys have a new social contract and a "plan to revive the American economy" that is based on "shared prosperity" and a contract the reads like the communist manifesto. The best part is they are part of the "Economic Policy Institute," which is headed by Lawrence Mishel (a long-time member of the Democratic Socialists of America) – and folks like Richard Trumka, Keith Ellison, Robert Reich all sit on the board.
This is exactly where four more years will take us. I would love to see your team write an article on this topic.