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The first step is to recognize the serious imbalances in our economy, chief among them is to get inequality just right. Too much of it, and we risk a return to the terrible inequality of 19th-century Europe and 20th-century Latin America that drove most of our ancestors to emigrate to the United States.
Too much equality, and people seek to emigrate to find opportunities reflective of their talents, as they did escaping from communism.
