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Obama Puts the Middle Class First (Surprise: So Do Economists)

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“We believe that America’s prosperity must rest upon the broad shoulders of a rising middle class,” President Barack Obama said in his second inaugural address Monday in Washington, D.C. It sounds like a remarkable, even wishy-washy, bromide. In fact, it’s the backbone of a bold and somewhat revolutionary new economic policy.

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This article was originally published in The Atlantic.

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