I agree with your, with your point of view on that. And the way I've tried to frame this is, is cost disease. This is what I think the democratic economic agenda should be, is treating cost disease. Cost disease, otherwise known as the Bommel effect, describes industries that, because of low productivity growth and labor intensity, inflate faster than the overall economy. (20:57–21:02)
CLAIM
Asserts that the Democratic economic agenda should focus on treating cost disease.
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