How Can We Create Jobs? – 2017

(This is an expanded version of a piece I wrote over four years ago. The U.S. economy is better now than it was then, but the question is still important.) — In 1992 James Carville, Bill Clinton’s campaign manager, famously coined the phrase, “The Economy, Stupid.” The phrase went viral as it was transformed into, “It’s the economy, stupid.” Today, in 2017, many observers claim that Carville’s slogan still applies. “It’s (still) the economy, stupid,” a lesson the Democrats failed to remember.