Obamanomics has delivered record corporate profits but sagging middle-class wages and an anemic, jobless recovery. It has promoted and exacerbated inequality. It has isolated the poor and squeezed the middle class.
It has also exposed the president’s party to extreme political vulnerability.
But to seize this opportunity — to fix what’s broken in Washington and our economy — a still-distrusted GOP first must end cronyism in our own ranks. The GOP has to close its branch of the Beltway Favor Bank and truly embrace a free-enterprise economy of, by, and for the people.
Impossible? That’s what they said about earmarks.
Too radical a change? These are principles we already espouse.