Subject: Putting Our Middle Class First
From: Andrei Cherny <[email-masked]>
To: [email-masked]
Date: Sun, 16 Jun 2013 03:01:09 -0400 (EDT)

Putting Our Middle Class FirstJune 14, 2013

Dear John,

For much of the past 40 years, the economic theory that has been put forth to the American people has been the "top down" idea that if you give more to those who have the most, they will trickle some down to everyone else.  The results are in: growing inequality, diminishing opportunity, and slower economic growth.

In the newest package of ideas from Democracy, we build the case for an alternative economic theory: middle-out economics (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q8QTw5peHyyA4_AaMTkaPW4V3OEi4uKykO29H9jWQoSoSHglI5mOxOwI3ADegAAbr3Iu0ZGJ4Mzq3WBC6adBhdunTXgHyzXo1M-j52km3Mgn1J74HbXH5pvw3MbBfppDKoHPAchGJCG3KgkGKY2kJv3jJh0-6_cM--vP1okv_Cq7w==).  It is a plan that works for the economy of this more Jeffersonian Individual Age (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q-YHadjD1P-VhMTHX7p4sahvrmsV7luVEzOWLFjAVGaZekeQKoGx9PB6UG51_0ZXLm46bbVVlu-4VzPrtqoHkDMp9LkwaA5bvDlSL3Obk470Y5U2TIIzQuSsZYR0hMjTks29J2OetCp6kjelnBrGwWG_LkYG0G9VtVPuyImmeqIk_HmtCdMVmBZ), one where we put middle-class growth and opportunity front and center, invest in the skills and health of our people, and spur innovation and entrepreneurship.

If you're in the Washington, D.C. area on Wednesday, June 19, please join us (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q-NFZvSQkHrIuwCspZVU13GF7954DlRHM9JZRWfhd55MuHFY9i85_TyqyXUgxzAIASaXoqUaQSZQD8Fq2QDMe4tn5dYGwEUhTc_Sm478grWS7GPmUoNdT_Q0RfVlIbY5CkudHi7v-MjXnmxNjy73Wmow1Xu1jO9LNOYSfTLycqhYH4uEBE_avJ0wcSLzrGZV4aBSy6gcu6GCg==) for a lunch event on "The Middle-Out Moment" at the Center for American Progress.

To show how middle-out economics would work, we brought together some of the most cutting-edge thinkers working today.  They come from the highest levels of the Reagan, Clinton, and Obama Administrations; the business world and organized labor; academia and think tanks. Together, their ideas on family policy (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q_enHwc4WzDxuwf4mJ-TRFht7POS_tmaxJWtlHehfvzwq8gEGvu9nmH04e7weaafkqewBX_K-KpIMmmXB2gd7tkm2-LrODIVtvvOhOq2XA5tpGLHxbEjjTcB2UQyh0wKe3K2bSxNnCybuCnEySHuOOB7bXx3MDWzM_EVHpjuc1EALhjkR0MpRe0WxbqqeJr_LXnu4JKhWWXSA==), the wage gap (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q_ii5oBu4dmqFEfkWQqMntWwWWI2r8_DG5APXH7xPivz3rURvJ8lxElIHXVE2X05_Mlj-sH7KG7U_4J_mIzWtUqB4k5KGc56NwBZvdIofgask87-ukNgvYzy5tzrvsoGY-9keLtAq3DiEyqTv8Icfm0bfTezy2iJ8talZxyzeBedIO8tCP-spGIHxz4BjPLLhw=), job training (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q9XDb_zR4sPxGEkgDxW-GvuZRqsVGFKwClk2OAhpjjRGNNRPZwbvSwJTWBj6ANmvupI4SycrgnmlBFu2hTUaD2Oy4g_j-t1Pyltt6pzjZ0YR18quj9x9lKVdcBo4scXwBqjSRND28Nno1gc6IxpYxuffZPs0hdT_7iMJrZErDrAvnBWMxW5ssmeptXoXBa7JCNSHjLcpXPV1w==), labor (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q90mHoDr65gKoQXN9OnmW5-Ow9r6BzxPuXNFRvJlD6cTKb3SacFk6gdU5HjpBDzua36dyitn8F71VtZe36Mf2OeRKDZYw88rY2QkL9CUkCrPie15q2A227HkECyTWFhmDtWxGobuLdT4GYtgKUV2Ur738ovAS0lDsPzVB3Pht3gPA==), energy (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q_V3MG9htkdR2RaqhvvHFFXbiGEnQzz93BP7WSzDC2GNUaWUgWISRuR49-r-cnKwzm_wN9rq3P0VIkNlZmB31xKogrpPLe69sj6HtPShEx-l7E0RDl8b8ECxweRE8PAMPYc-bAm_7MpJVYw_FEzSDV0o2bnPJymbNnYd2lI4I-uAEKcP6brrEqaJbewmuZP4BTvv4cENaLEtz-qfsp3jasw), and trade (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q-Syzi-KXXZ7yIkc8aEZ49VArhzoHlZmpEdiA6XWi1bxvmluWxBbHY_Y73IaYkW6YpIY_D52nWCafm5wAYnNdkTF2c0Eg1pnXtM3FOtISOwLNDE852kqAbTgewXVfC2R6pieTMjDEkfYpIrTjw6cAsMrikYwg6AvOm8N8kU5WL_WQ==) add up to a compelling and coherent alternative (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q-YHadjD1P-VhMTHX7p4sahvrmsV7luVEzOWLFjAVGaZekeQKoGx9PB6UG51_0ZXLm46bbVVlu-4VzPrtqoHkDMp9LkwaA5bvDlSL3Obk470Y5U2TIIzQuSsZYR0hMjTks29J2OetCp6kjelnBrGwWG_LkYG0G9VtVPuyImmeqIk_HmtCdMVmBZ) to the supply-side approach.

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There's still more in the newest edition of Democracy: important thinking on the changing nature of global CEOs (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q-Xc2gYMI4RyDCuQZa-pAbr_iA1dG5k5XNl1r_vW5Uif2Ure9UY_NM3xs4yhHv7v9CjtcP5RfEPKiQJxd6yxBQfHWlZR7WKZ8brXQ0J5GBr-5DA48O4HztYG4k4tVxfSENKwdIOcB__5oQwbyeqbOBGgwsx3DupM6zEAXOCE2MoOg==), the new American energy boom (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q-ZlKaAGwTZ5gp5eg5zt9cn5YOdHbcLy7rH28yPixptBdfSjfBSVbQVZ8Vtf0DZJ0GJKmLq-mShW2Wgd2BJQWhrjV_3nlAaiPvqTvjut0zbvj-yl8o5e8mK90l3aUauKUm3qA5S1rO4tsvpTDeMb4rxVuWejzbMh1w=) and what it means, and an assessment (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q9wCpPg0ouF_2IA244mN_qfKDeS5eQegApgv-xv3HoraOPiW8Nv-PMaoefZJrhSdTZAwsi73GJyGnSntktVw1A383bbEAjzjzSdnN0Fh0o_5o7HvaHUX0tYtJ7HhhgGuxqg754II-2_Wqy7NW8xfjqO) of Hillary Clinton's tenure as Secretary of State.

All this is free of charge on the Democracy website (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q-tmpPTbIMKTataaoyJUundgTXxbc1mH6quCwjYTy5q9sdmOySSDSj11OIba6hENVVIMcyj8VT_a5e6YaBRkmXc8n8VICfppKLywewRl2GXJNZ10wmFB8hpTDPb2QgNw_fFYKmw17n6FA==), but if you like what you read and want to support new ideas and vibrant debate, I hope you'll consider subscribing to the print edition of Democracy (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q9VaU9JkZKDxgkOQ6TdcQKFVOJIU7Jh0Ejdml6UHtpg5xRtduAGEc6zdA1nf0XkqcDKrBrb74UCHri0Vc8nVQwYPfG_paor6rO2wT-ZI60vuAh550erRt1-nfxeBl1wJzGoji_bjX8j8w==), giving the gift of a subscription (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q9VaU9JkZKDxgkOQ6TdcQKFVOJIU7Jh0Ejdml6UHtpg5xRtduAGEc6zdA1nf0XkqcDKrBrb74UCHri0Vc8nVQwYPfG_paor6rO2wT-ZI60vuAh550erRt1-nfxeBl1wJzGoji_bjX8j8w==) (Father's Day is coming up!), or making a tax deductible donation (http://r20.rs6.net/tn.jsp?e=0010a7RZh7s5q8Uqh5D3UqF-zu93e1QoV1EZWvvu2y34c2Z8D6dZft8j-edC3MJj4_uJYxUi_dg0w_8Lom430Sfo9Xdw-6xXEvQIKBvAw4WX99YPtx87fVv_oSfaXR9xldUN4DAfQfH9cXhV-R5XjLQyg==) of any size to our nonprofit enterprise.

As always, I hope you're doing well and look forward to being in touch.

All the best,

Andrei Cherny

President

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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ [email-masked] http://www.democracyjournal.org

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