Flying Banking News Today

Transition from academic to advocate, policy wonk and now elected official. >> thats right. >> why keep writing books because youre an elected politics? >> its still a tool in the toolbox to get out there and fight. the point about all of this is really, books are identifying the same kind of problem thats going on. its basically, i tell them the long story in this book, how it starts first with what america did right, how we built a great middle class, coming out of the "great depression," 1935...

The same kind of problem thats going on. its basically, i tell them the long story in this book, how it starts first with what america did right, how we built a great middle class, coming out of the "great depression," 1935, and part of it was about regulating industries too big, giving small businesses a chance and forcing antitrust laws, breaking up the banks so there was where we separated boring banking from high flying banking. at the same time, progressive taxation and taking that money an...

Separated boring banking from high flying banking. at the same time, progressive taxation and taking that money and putting it into opportunity. opportunity for the middle class, working families, for the poor to have a chance, to grow into something. we invested in education, invested in infrastructure and roads and bridges and power in rural areas. we invested in research and a pipeline of ideas. from 1935 to 1980 we made those investments and it worked. it worked. we built the strongest great...