Putting Government In Its Place

By Laurie Fels
January 9, 2020

David Riemer’s book tells the story of how President Franklin Roosevelt and his New Deal team – most prominently, Frances Perkins and Harry Hopkins – created 4 new clusters of domestic policy (New Deal 1.0).  Over the next 80 years those policy clusters:

  1. Broad-based economic security guarantees
  2. means-tested welfare programs
  3. Market regulation
  4. Market manipulation

under went extensive revision, shaping today’s New Deal writ large (Version 2.0)

The model worked fairly well during the post-WWII era when the U.S. dominated the world economy and technology remained generally benign.  But since the 1970s, the New Deal settlement has sputtered in the face of rising international competition and highly disruptive technology.  For Decades we have made little progress – often seen deterioration – in economic security and market regulation.

Riemer explains the gaps, flaws and mistakes of the New Deal settlement.  His book spells out in outline and detail, the sweeping changes needed to produce a New Deal 3.0 that would guarantee Americans far greater economic security, strengthen our markets and make possible America’s next birth of freedom.

 

David Riemer has worked closely with both Democrats and Republicans to create path-breaking public policy at the state level and influence national policy.  A graduate of Harvard College and Harvard Law School, Riemer held administrative, legal and policy-making positions with the Mayor of Milwaukee, 2 Governors of Wisconsin and the late Senator Edward Kennedy’s health subcommittee.  Active in politics as both an adviser and candidate, Riemer has focused during the last decade on advocacy and writing that aim to reshape the role of government in ensuring economic security, equal opportunity and an effective market economy.

 

 

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