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"A large across-the-board increase in interest rates is a cure worse than the disease," says economist Joseph Stiglitz. "That might dampen inflation if it is taken far enough, but it will also ruin people's lives."

Workers used the additional resources of the past year to demand better pay and conditions.

The senator is willing to break a few eggs, over easy, to get Democrats back on track to their working-class roots. He sees this moment as a chance to “address concerns progressives have had for decades.”

The men and women who went to work and war during World War II were backed by a care economy. We need one too. What are the basic facilities necessary to enable our society to function? And then let’s fund the answer.

The National Restaurant Association estimates there are now over 110,000 closures and says the industry badly needs government aid to get through the pandemic.

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The plan does not seek to reinstate a status quo riddled with inequality. Instead it recognizes the current crisis as the “moment to build a system that is capable of delivering gender equality.”

Census Bureau report for 2017 shows that while all race and ethnic groups shared in the growth in median household incomes during the previous two years, that trend abruptly ended for African American households in 2017.

While some communities are currently enjoying the fruits of the recovery, others have sunk further into poverty. According to the authors, this pattern of distress vs. prosperity not only “diverges between cities and states but even more starkly within cities at the neighborhood level." In the period of recovery following the Great Recession, the authors find, jobs in the median U.S. ZIP code grew at less than half the national rate.