SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
housing
Game Changers: Building an Economy that Works for Working Americans
There is an arsenal of bold policies out there to embrace that will “defeat fascism, preserve democracy, and help create a greener, stronger and fairer economy for American workers.”
Jul 13, 2026
The United States is a plutocracy. Its economy works for the wealthy and powerful at the expense of working people. It is a broken politico-economic system in need of major repairs, but as leading progressive economist Gerald Epstein points out in the interview that follows, there is indeed an arsenal of bold policies to “defeat fascism, preserve democracy, and help create a greener, stronger and fairer economy for American workers.” Epstein is professor of economics and a founding co-director of the Political Economy Research Institute (PERI) at the University of Massachusetts Amherst.
C.J. Polychroniou: It’s often been said that progressives are good in offering stinging critiques of the status quo and even making appealing policy proposals, but there is still a short supply of game changing strategies. I take it that this is the aim of Game Changers: Economic Polices for a Working America, an exciting new project from the Political Economy Research Institute (PERI) at the University of Massachusetts Amherst. You conceived of the project and serve as its director, so tell us more about it. Why now the launching of such a project, what are the major issues covered, and what do you hope will be achieved?
Gerald Epstein: I launched the Game Changers project, along with my colleagues James Boyce of the University of Massachusetts Amherst and Juliet Schor of Boston College, because of the emerging perception that progressives in the United States could not gain political power and defeat the fascists and MAGA simply by leveling criticisms and epithets against Trump and his associates. Working people in the United States are hurting and angry after decades of neoliberal economic policies implemented, with some exceptions, by both Republican and Democratic administrations. Looking for answers to their legitimate problems, many American voters either simply sit out elections, or pull the lever for extreme candidates that seek to manipulate them by identifying scapegoats—such as immigrants—as the source of their problems.So, we launched Game Changers to be a positive source of real answers to real problems facing working Americans. The idea is to offer activists, political candidates, and government officials with policy ideas that bridge the gulf between the transformative and the practical, ideas that can envisage the way to an economy that is fairer, greener, more productive and more democratic. These are ideas, we believe, that are also practical enough to offer hope to those who want to help to mobilize the political forces that can help bring them into fruition.
Importantly, though, we are not intending to offer a comprehensive program for the American left. We felt that would be presumptuous for us to do and beyond our competence and standing. Ours is more of a menu of ideas that can be picked up by those who need them and who want to mobilize on their behalf.
We geared the timing of this project so that the policy ideas would be ready by the Congressional elections in November of 2026. In fact, we are launching policy proposals this month of July 2026. They can be found at https://gamechangerspolicy.org. Some of these ideas might be taken up by candidates. If they win, they might be taken up when they serve in Congress. Some of these ideas may percolate and emerge in future campaigns and legislative actions, as well as be taken up by progressive organizations. That is our hope, anyway.
The Game Changers project consists of 9 teams of experts and practitioners, (about 45 people in total) working on a range of subjects: Care, Finance and Financial Regulation, Health Care, Housing, Immigration, Macroeconomics, Trade and Labor, and Work and Jobs. All in all, these teams have developed about 25 different policy proposals.
The range of policies is striking. They include: “The Wealth of Welcome: Immigration Reform that Works for America”; “America’s Workers Deserve a Four-Day Week”; A Universal Basic Income for Children”; “Medicare for All”; “Polluters Pay - The Extreme Weather Superfund”; “Democratize North American Trade”; “Housing as a Human Right”; “National Rent Control”; “Public Banking”; “No More Bailouts”. (For the whole list, see GameChangersPolicy.org).
C.J. Polychroniou: Since the project is about advancing progressive economic alternatives to the problems and challenges facing the US economy, one would assume that the economists invited to be part of the project represent a common tradition in the discipline. If so, how would you define this tradition, and is it important that there is a consensus among them as to what constitutes progressive economic policies over key issues? We know that the Left has always been divided over ideology and policymaking. It is divided over the scope of government intervention in capitalist economies, and there is even disagreement over several specific issues, such as the Universal Basic Income, how to reduce inequality, and how to combat the climate crisis.
Gerald Epstein: What unites the economists and other experts involved in Game Changers is a commitment to defeat fascism, preserve democracy, and help create a greener, stronger and fairer economy for American workers. We did not invite experts based on a theoretical, methodological or ideological litmus test. Indeed, I would say that is one of the strengths of our project. The left often has great difficulties uniting sufficiently to engage in practical tasks like winning elections, or even achieving small practical goals, because they are riven by ideological, theoretical or methodological differences. We are not subject to that problem. Big egos are also a problem in politics -left, right and center and, for sure, in academia. Thankfully, we have avoided that problem as well. For us, the litmus test was a commitment to the ideals of Game Changers, expertise in their subject areas, and, for the most part, a willingness to volunteer their time.
C.J. Polychroniou: The 1930s posed the biggest and most severe challenge in US economic history. The New Deal was a response to the calamity of the Great Depression and reshaped the United States in a major and profound way. But the New Deal ultimately gave way to the neoliberal order and the results have been nothing but catastrophic for working-class people. Is the US today in a similar state of affairs as it was in the 1930s in the sense that the system is badly broken? Is this the message behind the launching of Game Changers? If so, can different issues still be addressed separately or does the entire system need restructuring before anything meaningful can be done?
Gerald Epstein: You are certainly correct that the neoliberal order wreaked havoc on America’s workers, but now things are even worse. In the U.S. we are facing a particularly pernicious form of capitalism, an authoritarian, and profoundly corrupt version that is dominated by a self-seeking Presidential family and a lethal coalition of techno-fossil-fuel-financialized capitalists. While our specific issues and policy proposals stand on their own terms, we see them as part of a broader vision of what our economy needs to overcome this lethal form of capitalism. The antidote is to recognize the equal dignity of every human being and working to guarantee their right to economic security, the opportunity to thrive, a livable planet, a world free of racism, and democratic governance of our lives, societies and economies.
More specifically, Game Changers is posing a set of policies to help defeat this form of capitalism by “changing the game”, based on three principles.
Changing the game means (1) investing in each other, through public provisioning of care, health care and other critical services; (2) securing our future by, for example, breaking the power of the fossil fuel capitalists and addressing climate change; and (3) righting the rules, by ending reckless and predatory financial practices, changing tax policies so that the super-rich have less wealth and contribute a bigger share for the operations of our government, preventing capitalists from firing workers arbitrarily and without just cause.
At one level, these, of course, are not revolutionary demands in a traditional sense. But if widely implemented, they would bring about a revolutionary improvement in the lives of working people, not only in the short term but in the longer term as well.
C. J. Polychroniou: In your view, what are the most pressing issues facing today the US economy and working-class people?
Gerald Epstein: While the US economy’s productivity has grown significantly over the last 40 years, the standard of living of American workers has, for the most part, barely budged. This is especially true if one includes American workers’ ability to acquire many of the most important basics of life: housing, time and the wherewithal to care for children, family members and their communities; a sustainable environment in the face of climate change and degradation; quality health care and education; and dignity, respect and a voice in their workplace. American capitalists, especially but not exclusively those on Wall Street, engage in speculative and extractive activities, rather than investing in socially productive assets for the future. Even when a new technology is developed that could improve workers’ lives, such as AI, these are weaponized by big capitalists in their efforts to control and extract wealth from American workers. We have a bailout economy, whereby Wall Street financiers undertake highly risky investments, grab the rewards, and when these threaten themselves and the economy, they get bailed out by the government. All of this has led to an obscene level of income and wealth inequality. And we have a political economic system where those at the top use xenophobia, and racial and ethnic baiting and oppression to try to divide and conquer America’s workers in order to stay in control.
At Game Changers, we are trying to do our small part to help overturn this immoral and destructive system.
Keep ReadingShow Less
'Sign the Damn Bill!' Anger at Trump Grows as US Housing Prices Hit All-Time High
US Sen. Amy Klouchar said that the housing bill has "been sitting on President Trump’s desk long enough."
Jul 09, 2026
With President Donald Trump still refusing to sign bipartisan legislation aimed at lowering the cost of housing, fresh outrage erupted Thursday as new data shows buying a home in the US has never been more expensive.
The National Association of Realtors (NAR) on Thursday released its monthly report on home sales showing that the median sales price of existing homes grew to $440,600, a record high.
Lawrence Yun, chief economist at the NAR, said that housing supply remains a major barrier to making owning a home more affordable.
"Progress on long-term housing affordability could be hampered if inventory growth continues to stall," said Yun. "Without consistent gains in inventory, home prices can accelerate. It is critical to introduce more supply to the market to widen the opportunity for homeownership."
The 21st Century ROAD to Housing Act, which passed with overwhelming bipartisan support in the US Congress last month, was designed specifically to address the housing shortage in the US.
Among other things, the bill prohibits large Wall Street investors from buying up new single-family homes, streamlines environmental reviews under the National Environmental Policy Act (NEPA), and creates a $200 million annual competitive grant program to benefit communities that have demonstrated success in expanding their housing supplies.
Trump, however, refused to sign the legislation, insisting that it be paired with the SAVE America Act, a voter suppression bill that will curb ballot access but Republicans in Congress do not currently have enough power to pass.
Sen. Elizabeth Warren (D-Mass.), who co-wrote the housing bill alongside Sen. Tim Scott (R-SC), took to social media on Thursday and pointed to a poll showing that the legislation has overwhelming support throughout the country.
"The American people have a message for President Trump," Warren wrote. "Sign the damn bill."
Sen. Amy Klobuchar (D-Minn.) also took a shot at the president for dragging his feet on the legislation.
"Over two weeks ago, Congress passed the ROAD to Housing Act with overwhelming bipartisan support," Klobuchar wrote. "It will pave the way for more housing, make it easier to build, and help more Americans find a place to call home. It’s been sitting on President Trump’s desk long enough. Sign the bill."
Rep. Chris Pappas (D-NH), currently a candidate for the US Senate running in New Hampshire, urged Trump to finally take action.
"It's never been more expensive to buy a home," wrote Pappas. "I helped pass a bipartisan housing bill to bring down home prices, and I'm calling on the President to get it over the finish line."
Trump's illegal war of choice with Iran has also not helped the housing affordability crisis, as it has led to an inflation spike that has left the Federal Reserve with little room to lower interest rates without risking further price acceleration.
Keep ReadingShow Less
Proving He 'Does Not Care About Your Cost of Living,' Trump Calls Housing Bill 'Big Yawn'
"A yawn? Try telling that to the families who can't afford rent, can't afford to buy gas or groceries, and are one paycheck away from losing everything."
Jun 29, 2026
Democrats in the US House of Representatives quickly fired back on Monday after President Donald Trump called pending affordable housing legislation a "big yawn" compared to the attack on voting rights that he wants Republicans to pass.
Trump last Wednesday canceled a planned signing ceremony for the 21st Century ROAD to Housing Act and demanded that Congress, which is narrowly controlled by Republicans, pass the Safeguard American Voter Eligibility, or SAVE America, Act.
House Speaker Mike Johnson (R-La.) on Monday sent Trump the bipartisan housing bill—which will become law with no action by the president after 10 days.
Asked by reporters whether he'll sign the housing legislation, Trump replied: "It hasn't been sent to me yet. It's coming, I understand, and then I'll make a de—Here's what I would like to say... It's a yawn. Some people say it's wonderful. To me, compared to the SAVE America Act, just about everything is a big yawn."
Sharing a clip of the president's remarks on social media, House Minority Whip Katherine Clark (D-Mass.) declared, "He truly doesn't give a damn about you."
Other Democrats delivered similar responses. Congresswoman Pramila Jayapal (Wash.) said that "Trump does not care about lowering housing prices," while Rep. Becca Balint (Vt.) wrote of his comments, "Donald Trump literally does not care about your cost of living, part one million."
Democratic Colorado Congresswoman Brittany Pettersen said: "A yawn? Try telling that to the families who can't afford rent, can't afford to buy gas or groceries, and are one paycheck away from losing everything. Believe him when he tells you who he is."
Rep. Christian D. Menefee, a Texas Democrat, charged that "Trump cares more about rigging elections than Americans affording homes."
The Democratic National Committee's (DNC) rapid response director, Kendall Witmer, said in a statement that "Donald Trump continues to mock what everyday Americans are experiencing. Time and again, Trump has had the chance to lower costs for working families, but without fail, he has chosen to prioritize his own interests and those of his wealthy friends."
"As Americans struggle to put a roof over their heads and afford basic necessities," Witmer added, "Trump continues to double down on his disastrous policies and self-serving agenda—and Americans are fed up."
Trump's comments came just over four months away from the November midterm elections, in which Democrats aim to regain control of both chambers of Congress.
In the lead-up to the midterms, Trump has ramped up pressure on Republicans in Congress to pass the SAVE America Act, which would force Americans to show proof of citizenship when registering to vote, and photo identification at the ballot box. Critics have warned that the former requirement could disenfranchise millions of Americans who may not have access to documents such as a birth certificate or passport with their current name.
Johnson said Sunday on Fox News that "we're going to try to pass it again, and this time we’re going to try to put it on a reconciliation bill," which "prevents the necessity of 60 votes in the Senate."
The speaker on Monday also sent a message to his GOP colleagues who might block unrelated legislation in a bid to pressure senators to pass the SAVE America Act: "Whomever is thinking that stopping the work of House Republicans to make Americans safer right now and to bring down the cost of living—impeding that progress just because stubborn Senate Democrats won't do the job of the American people is self-defeating. It doesn't make any sense."
Punchbowl reported on Monday that GOP leadership has also expressed interest in creating a $4 billion grant program that would incentivize states to enact parts of the bill. Some Republican state lawmakers have already pursued copycat legislation.
As elected Republicans attack voting rights at the national level, the US Supreme Court—whose right-wing supermajority has often rubber-stamped Trump's agenda—delivered a surprise victory for voting rights on Monday: Two conservatives joined the three liberal justices in rejecting the Republican National Committee's (RNC) challenge to states counting mailed ballots that are postmarked by Election Day but received afterward.
"The DNC is proud to have stood with the state of Mississippi to defeat the RNC's latest attack on Americans’ voting rights," said the Democrats' chair, Ken Martin. "Trump and Republicans are attacking our elections and trying to rig the system in their favor because they know the American people are ready to reject their chaos and corruption this November."
Keep ReadingShow Less
Most Popular