By Sarah van Gelder
President Obama is proposing important steps toward doing what Americans have been asking for since the financial collapse of 2008—putting a focus on families and jobs.
To create real prosperity, though, Washington will have to deal with three main drivers of our economic malaise: massive inequality such that the super wealthy and big corporations are sitting on piles of cash while ordinary Americans’ can barely get by; enormous ongoing expenditures for wars; and assaults on our natural systems, including our climate, such that costs of everything from insurance to food is rising while our security is threatened.
Without families buying things, the economy can’t revive and create jobs. That’s why our solutions need to focus on ways to support small businesses, which create the bulk of the jobs and keep money flowing locally instead of flowing to distant corporate headquarters.
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