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A division in Dem's economic vision


John Adams

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It will be interesting to see how Clinton approaches his economic vision tonight. I bet he will sound more like Warren. There's no way he makes the same pro-business speeches that he would have made during his presidency. Obama would sh** all over that.

 

 

In truth, though, Mr. Clinton and Ms. Warren speak to different audiences and reflect inescapably divergent perspectives on how to confront the epic challenges of globalization and inequality.

 

Mr. Clinton is the president who made the sustained case to Democrats that they had to be pro-growth and pro-Wall Street, not just to get elected, but also to build a more modern economy. He was the one, as spokesman for the centrist Democratic Leadership Council, who told Democrats again and again that they couldn’t succeed as a party that “loved jobs and hated business.” Mr. Clinton transformed welfare, balanced the budget and declared an end to the liberal era of government, which is why a lot of conservative-leaning independent voters would re-elect him if they could.

 

As a Harvard law professor during the Bush years, Ms. Warren, who is now a candidate for Senate in Massachusetts, came to represent a rebuke of such Clintonian expedience. Her indictment against the excesses of Wall Street and the abdication of centrist Democrats became popular among a new generation of old-style economic populists (most notably John Edwards and then Mr. Obama), who often cited Ms. Warren’s arguments in making the case that the party had to reverse course from the Clinton years and rein in a business community that was prospering at the expense of the middle class.

 

 

http://thecaucus.blogs.nytimes.com/2012/09/05/in-clinton-and-warren-competing-messages-for-the-middle-class/?hp

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You are correct Mr. A, that this should be a very interesting speech by President Clinton.

 

Judging by his track record in the nineties (even when he was the head of the party, he looked to be his own man first and foremost)

so I can't see him embracing something that wouldn't reflect favorably on his old administration.

 

He's a talented enough speaker to pull off a balancing act, where he praises Obama, but doesn't (fully) endorse his policies.

 

He'll probabaly just concentrate on knocking the GOP

 

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Bill Clinton met with Bill Gates and understood the gold mine that was inherent in the Y2K bug that Gates designed in DOS/Windows.

Barack Obama met with Steve Jobs and didn't understand a God damned thing about how and why Apple builds their machines in China.

 

Bill Clinton was a pragmatist and an intellect. Barack Obama is a cargo cultist dope who thinks by mimicking financial discourse in his mumbo jumbo way of speaking, that the bounties of free market capitalism will be showered down upon the people through the power of his government's regulations.

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