This campaign puts to rest the idea of trickle-down economic theory. The idea that helping the rich will then trickle-down to the poor. This toxic theory has resulted in the greatest concentration of wealth in human history.
The beauty of the New Third Way is that it not only obsoletes trickle-down economic theory, but also does it while decreasing the tax and regulatory burdens on business.
For the incoming Biden presidency, the New Third Way opens the pathway to healing a deeply divided nation in two key ways.
Firstly, it recognizes and acknowledges the fears and concerns of the millions of Americans who voted and still support Donald Trump by reaffirming and expanding the core principles of the Declaration of Independence in a grand narrative for the 21st century.
Secondly, it allays the fears of those who feel left behind in a post-industrial society by offering a new economic model that puts people first.
Importantly, the New Third Way provides an economic mechanism for global action on climate change, which will enable the developing nation to transition to renewable energy. This removes one of the main objections to climate change action that argues that action on climate change that does not include the developing nations is nothing more than virtue signaling.
For more details see End Covid Third Wave Campaign.