Narrow the U.S. Income Gap to Stave Off Another Financial Crisis

It isn't that nothing has happened in Washington since the credit markets froze and the economy tanked two years ago. Far from it. The combination of massive fiscal stimulus, bank bailouts, auto restructurings, and dramatic monetary easing stabilized an economy that was on the brink of a depression. Landmark universal health-care legislation was passed more than a century after it was first proposed in the U.S. Credit-card reforms abolished a number of egregious industry tactics.

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