Henry Blodget says, "It is not clear what, if any, power and influence [Steven Lerner] currently wields. His main message - that Wall Street won the financial crisis, that inequality in this country is hitting record levels, and that there appears to be no other way to stop the trend - will almost certainly resonate. "
Actually, the inability of any society to resist immigration, the inability to find other solutions to the problem of employment at the lower, more physical, and menial levels of the economic process, is a serious weakness, and possibly even a fatal one, in any national society. The fully healthy society would find ways to meet those needs out of its own resources.
I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down to very low levels at the top, where we stripped away regulations. So the result of that was not a more dynamic economy, but a more unequal society. We tried the experiment of trickle-down. A third of a century later, we can say fairly definitively that it was a failure.
I set my goals way higher than the achievable. And when I fail, I fail at a very high level. That's my process. It's really demented, but it actually works. When you are aiming really high and doing something new, you must be also prepared to fail, learn from your mistakes and begin with a new plan. More motivated than before.