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Those who think that the cold weather will end the protests should think again. A new generation of leaders is just getting started. The new progressive age has begun.

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OCCUPY WALL STREET and its allied movements around the country are more than a walk in the park. They are most likely the start of a new era in America.

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Thirty years ago, a newly elected Ronald Reagan made a fateful judgment: “Government is not the solution to our problem. Government is the problem.” Taxes for the rich were slashed, as were outlays on public services and investments as a share of national income. Only the military and a few big transfer programs like Social Security, Medicare, Medicaid and veterans’ benefits were exempted from the squeeze.

Reagan’s was a fateful misdiagnosis. He completely overlooked the real issue — the rise of global competition in the information age — and fought a bogeyman, the government.