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Consider:

Average life expectancy in the United States has declined over the last three years and is lower than it was in 2010.

Median household net worth declined 30 percent between 2007 and 2016 (the most recent year for which the Federal Reserve has released data). The combined net worth of the poorer half of households is negative, which means their debts are worth more than their assets.

Incomes for most households, after taxes and government benefits, have grown frustratingly slowly over the last few decades — considerably more slowly than the economy has grown. Only the affluent have enjoyed big pay gains.

Rates of economic mobility — the number of people who are climbing the income ladder — are lower in the United States than in Canada and much of Europe.

In some fundamental ways, the American economy isn’t working for the majority of Americans. The best thing about Elizabeth Warren’s presidential campaign is that she is trying to offer solutions that match the scale of the problem.

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In response, of course, her critics have declared her ideas too bold. “Warren has already drawn criticism from centrists and conservatives who say her plans — many calling for new regulations — would hurt business and the economy, stifle innovation and potentially harm the very workers they were intended to help,” as The Times reported yesterday.