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Working Assets was founded by Peter Barnes, Michael Kieschnick and Laura Scher in 1985 in San Francisco, [2] as a business that would use its revenues to fund progressive social change work. Each time their customers use its services—mobile, long distance or credit card—WA would automatically send a donation to progressive nonprofit groups.
Progressive economics—also known as New Progressive Economics [6] —made a comeback in the United States to the forefront public discourse after the Great Recession of the late 2000s. Popular dissatisfaction with government policies favouring big business and the bailout of banks led to the emergence of the Occupy Wall Street movement.
In 2017, Neil Irwin of the New York Times wrote about increasing the US labor pool in his article "Supply-Side Economics, but for Liberals", including via the earned income tax credit and child-care subsidies. [8] During the COVID-19 pandemic, media attention for supply-side progressivism increased due to pandemic-related shortages.
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He was commenting on the phenomenon of “greedflation,” an economic bugbear previously beloved of progressive economists, not quite venerable 160-year-old French investment banks.
Economist Robert Shapiro has run the numbers, leaving the pandemic year of 2020 out of his calculations as an anomaly that can’t be charged to Trump’s account. Even so, the economy has grown ...
Anti-market progressives dominate the Biden administration. Their policies also help discredit it.
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