Deal Again

"Between the 1940s and the 1970s, the New Deal system--large-scale public investment and R&D, regulated monopolies and oligopolies, the subordination of banking to productive industry, high wages and universal social insurance--created the world's first mass middle class. The system was far from perfect. Southern segregationist Democrats crippled many of its progressive features and the industrial unions were afflicted by complacency and corruption. But for all its flaws, the New Deal era is still remembered as the Golden Age of the American economy.
"And then America went downhill."

Michael Lind in Salon argues that President Obama must stop listening to neoliberals in his administration.