Democrats have some big policy ideas for the 2020 presidential election. But have they thought hard about the downsides of them?

This handy NPR story runs through many of the new policy ideas emerging on the political left, some of which may get promoted by Democratic presidential candidates in 2020. Among them: a jobs guarantee, a basic income, and “Medicare for all.” And it looks like wonky constraints such as cost and “technocratic limitations” won’t stop this surge of big thinking from surging. “I think it’s pretty clear that Democrats are swinging for the fences right now,” said economist Stephanie Kelton, an adviser to Sanders’ 2016 presidential campaign. A jobs guarantee, a basic income, and “Medicare for all” each have […]

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