We’ve blown so many enormous opportunities over the past several years. In the immediate aftermath of Sept. 11, 2001, when most of the world had lined up in support of the United States, President George W. Bush had the chance to lead a vast cooperative, international effort to combat terrorism and lay the groundwork for a more peaceful, more secure world.

He blew it with the invasion of Iraq.

In the tragic aftermath of Hurricane Katrina, we had not just the chance but an obligation to call on our best talent to creatively rebuild the historic city of New Orleans. That could have kick-started a major renovation of the nation’s infrastructure and served as the incubator for a new and desperately needed urban policy. Despite President Bush’s vow of “bold action” during a carefully staged, nationally televised appearance in the French Quarter, we did nothing of the kind.

The collapse of the economy in the Great Recession gave us the starkest, most painful evidence imaginable of the failure of laissez-faire economics and the destructive force of the alliance of big business and government against the interests of ordinary Americans. Radical change was called for. (One thinks of Franklin Roosevelt raging against the “economic royalists” and asserting that “we need to correct, by drastic means if necessary, the faults in our economic system from which we now suffer.”)

But there has been no radical change, only caution and timidity and more of the same. The royalists remain triumphant and working people are absorbing blow after devastating blow. More than 1.2 million of the long-term jobless are due to lose their unemployment benefits this month.