How could progressive policies help young Americans pursue the American Dream? Franklin Roosevelt’s proposed second Bill of Rights opens a discussion about wages, homeownership, and the difference between providing a benefit and creating conditions people can use through their own effort.
This January 2024 essay proposes full-time pay tied to local living costs and favorable financing for first-time homebuyers, alongside an increase in starter-home supply. The discussion considers local living costs, borrowing costs, and housing supply, including objections to a single national wage rate. The goal is a fair opportunity to support a family and build financial security. What rules would make that opportunity more attainable?
Read the essay and sources: https://joelkdouglas.com/2024/01/30/progressives-and-the-american-dream/
