Beyond Rubinomics. (cover story)

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    • Abstract:
      The author discusses the need for U.S. President-elect Barack Obama to develop a new social contract that considers low income workers and the use of public assets. The article describes U.S. Treasury Secretary Robert Rubin and the deregulation he supported and the failure of U.S. President George W. Bush's economic plans. The author argues that Obama needs to create a new social contract, raise the minimum wage, enforce labor laws, rebuild infrastructure, and invest in energy alternatives.