Naked Capitalism has the article After Distancing Herself From Bill Clinton’s Economic Policies, Hillary Wants Him as Mr. Economic Fix It.
After having institutionalized the neoliberal economic policies that have enriched the 1% and particularly the 0.1% at the expense of everyone else, Hillary Clinton wants to give the long-suffereing citizenry an even bigger dose. As she said in Fort Mitchell, Kentucky:
My husband, who I’m going to put in charge of revitalising the economy, because you know he knows how to do it,” Clinton said in Fort Mitchell, Kentucky, on Sunday. “And especially in places like coal country and inner cities and other parts of our country that have really been left out.
This plan is revealing, and in not a good way.
This article is a devastating analysis of all the things Bill Clinton did wrong to the economy when he was President. These are the things I try to post about. This is the best compilation of all the factors that I have seen in a relatively brief article.
If you don’t read this, or haven’t studied this on your own, then you don’t really have a clue as to all the damage that the Clintons have done to our economy. This article even mentions some of the damage that Bill Clinton wanted to do, but couldn’t get accomplished.
If you don’t understand why I will not vote for Hillary Clinton for President after reading this, then there is no hope of reaching you. Either Hillary Clinton has no understanding of federal level economic policy needs, or she does understand how to make it work for the benefit of the 0.1% and devastating it for the rest of us. I don’t like either alternative.
Even Donald Trump wouldn’t be this bad. I don’t say that about Donald Trump just because of his reputation as a business man, but in spite of that reputation. There are two things he has said lately that give me the impression that he really does understand the economic policy needed to be President. He mentioned that the USA never needs to default on our debt exactly because we create our own money. He also mentioned that the government needs to be a net issuer of debt when interest rates are low, and a net buyer of its own debt when interest rates are high. Everybody right and left purposely misstated what he said so that they could accuse him of economic ignorance. In fact he was only stating what every investor has to know – buy low and sell high.