Tuesday, December 17, 2013

2014 Will Be The Year of “Economic Populism” – and Then?

Richard Eskow
Campaign For America's Future
'There will come a time when the American people demand not just discussion and research, but solutions,' writes Eskow.It’s becoming increasingly clear that, at least politically, 2014 will be “The Year of Economic Populism.” Now the question is, who gets to decide what that really means?
A couple of recent policy disagreements offered us glimpses of the debates that could shape tomorrow’s new populist initiatives. These are the debates we should be having – and they’re debates that progressives can win.


The first disagreement began when the leaders of a Wall Street-funded organization called Third Way used a Wall Street Journal op-ed to attack popular Sen. Elizabeth Warren, dismissing the idea of “economic populism” in the process.

Jonathan Cowan and Jim Kessler probably didn’t know what hit them. After years of being treated like stars in the nation’s capital for their corporate-friendly views, it must’ve seemed as if the whole town had suddenly turned against them.

It had.

Shortly before their op-ed ran, President Obama declared that inequality is “the defining challenge of our time.” The Center for American Progress (CAP) announced the creation of the Washington Center for Equitable Growth (WCEG) at roughly the same time, even as founding director John Podesta was being tapped by the White House to serve as a “counselor” to the President for one year.

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