Rather modest changes that would damp down the instability and despair fueling political unrest:

Long term policy of seeking full employment and wage growth

Reduction/eliminating of pro-rentier policies in higher ed, pharma, private equities

Moderate reindustrialization of US
Professionalization of local US law enforcement at Euro level and eliminating racist thuggery “warrior cop” culture

Policies to stimulate upward mobility in bottom 20-50% communities via greater education and entrepreneurship opportunities
These are not cure alls. A variety of serious problems would remain and be fought over but they would do much to improve the perception of legitimacy the system is losing because of the neoliberal economic self-aggrandizement policies of the elite since the mid-90’s
We have had a lot of economic and worker productivity growth in the last 30 years. Very little of it was invested in wages, infrastructure or systemic resilience. That’s why at root ppl are freaking out
Chad the hedge fund manager getting a $200 million year is a less wise set of economic priorities than investment rules that prioritize R&D investment & groundbreaking of new facilities in CONUS. The market did not create this situation, Federal regs and corporate tax changes did
If you don’t care much for what I am saying here, you might care that our current political economy regime is sapping our military power and causing long term relative decline. Not being able to make stuff in quantity - like medicines, high grade steel, basic supplies - cripples
US defense experts know that US clients that buy gobs of US high tech weapons are unable to fight real wars. They can’t replace anything lost in combat to sustain the war effort. No capacity and too costly.

Well hate to tell you, that’s now the US. Difference is the degree
And we did this to ourselves - or to be specific - the Clinton, Bush II and Obama admins along with the GOP and Dem Congressional leadership & committee Chairs did it at the behest of their super rich donors and corporate lobbyists. Except on China trade, also Trump admin
It can be reversed. Will probably take a good ten years after tax/reg changes to revitalize and significantly alter trajectories of decline and see results but it’s a matter of realigning the systemic incentives the wealthy Boomers have gotten put into place since the mid 90’s
I can’t see this happening in the next four years. Biden presided over the creation of this system and Trump worked all of the angles in it - sole exception, China policy now has bipartisan momentum in right direction. The rest remains a debacle of designed decline
I’m ending the rant here. The exit ramps are clearly visible and are easily affordable but the political will to reduce autopilot rentier accumulation by small % even in self-interest of political survival, is absent in our political class.

As in most oligarchies
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