December 6, 2024

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Within Democratic ranks, there was always a sense of palpable frustration and gallows humor, that our political capital, as former President George W. Bush once called it, was spent putting out fires we did not create. By the time the work was done, Democrats – in our view – had saved the American economy from a conflagration but failed to enact the kind of structural change in the economy that would fundamentally alter the circumstances of everyday Americans.

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