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Re: the Clinton years



Michael writes:

Gil seems to be saying that Clinton rode the rightward drift that had
come before -- beginning I believe in the Carter years.  Clinton was very
smart.  He knew what was happening.  Instead of putting things right, he
shifted the Dems. even farther to the right.  Sam Smith in his Undernews a
week or so ago, showed that this tactic won him reelection, but also
propelled the Dems. downward.

This assumes that the Dems weren't headed in a rightward direction in any case. And again, even granting this point, it remains the case that Bush II is much worse than Clinton--though perhaps less disappointing, since Dubya's policies are more or less exactly as one would have expected prior to his installation by the Supreme Court.


I have only gotton through the first Clinton chapter so far, but Pollin
seems quite balanced.  He is not "blaming" Clinton, only saying that
things were not going well during the "boom."

I don't know who you're quoting here, because I never stated that Bob Pollin "blamed" Clinton for the changes. Indeed, I agree with your assessment of his book. As you can see from the rest of my post, my main issue is with those who would assert that there is no important difference between Clinton and Bush II. And I agree that the economic boom of the 1990s benefited workers considerably less in relative income terms than did earlier, milder expansions--but again, more than the current almost-jobless economic upswing under Bush.

Gil



 --
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx



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