What could work is an investment program, much of it administered by the state, initially funded by debt and ultimately paid for by moderate tax increases on most Americans. After years of neoliberal conditioning, such a program may seem irretrievably Leftist, fundamentally un-American, or antithetical to growth; none of these descriptions are warranted. All of these strategies have been pursued before, often quite successfully, and by both parties. Using tax revenues to support even the most expensive and state-centered programs, e.g., infrastructure and defense, would not strike a 1950s
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