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Bill Clinton is so full of shit

Bill Clinton, that loveable rogue. I still have a soft spot for him because he's so damn good at what he does[1]. And no matter the reason, the Clinton 90s were better for a lot of Americans than Bush's oughts or Obama's teens; real wages, on average, went up, for example. But that was a long time ago, and what has Bill or any Clinton done for me lately? But dear lord. This is unforgivable:

[BILL CLINTON:] We are in the best shape of any big country in the world in the next 20 years,” he said. “No big country that is running this well is as young as we are, as diverse as we are or as technological as we are. In the next 20 years, there will be bad days, there will be bad headlines, but you can keep the trend lines positive.

Bill, if I want any shit from you I'll squeeze your head. Take a look at this chart:

This is the trend line I care about.

(Via Fabius Maximus.) I picked green for the color of the highlight, not yellow, because green the color of flatlines. Like this:

"[R]unning this well is as young as we are, as diverse as we are or as technological as we are." Now, to be fair, there's a wriggling bucket of weasel wording packed into those words -- "this well" doesn't mean "well," for example -- but what Clinton's quote means to me is that he's been hanging out with too many squillionaires and has lost his touch.

If another forty years of flatlined wages is the best the 90% can do, then it's time for the Democratic brand to die, and be replaced with something better, and if that doesn't work, it's time for a new system, and it won't be old coots like me who have a lingering affection for the Big Dog that plant a pitchfork in his doughy white ass.

NOTE [1] Clinton's quintessential talent was defined by one Arkansas union leader, even more jaundiced than, as the ability to "shake your hand and piss down your leg at the same time". Very different political talent from Bush, or Obama, for that matter.

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Submitted by lambert on

From the same HuffPo link:

Wasserman Schultz said she discussed the need for a review with Obama on election night and both agreed on the need to move forward. She also spoke about her plans Saturday with Rep. Nancy Pelosi of California and Sen. Harry Reid of Nevada, the party's leaders in Congress.

"We need to understand everything that went wrong so that we can address all the potential problems and prepare for future elections," she said

Wait. "Potential problems"?

nippersdad's picture
Submitted by nippersdad on

This might be a good time to send your twelve points to DWS; then, at least, she can't say that no one told her..........

Submitted by lambert on

... by Rosenberg at OpenLeft back in the single payer battle -- before I got banned, ha ha.

So, on the one hand, I'm pleased that stuff we've been saying for years is now sort of semi-OK in Salon. On the the other hand, there are very few people from those days that I trust to get it right, and Rosenberg isn't one of them.

Barmitt O'Bamney's picture
Submitted by Barmitt O'Bamney on

I know Thomas Frank now writes for Salon, but... The only reason I'd ever go there would be to ask him if doesn't feel like the piano player in a bordello. Paderewski plays the cathouse.

Barmitt O'Bamney's picture
Submitted by Barmitt O'Bamney on

Wouldn't Democrats, as the other party of NeoClassical economics, see "stagnant wages" as another way of saying stable prices, which is a condition favorable to business acc. to their theory, and therefore view them as a good thing, not bad?

I know I'm in over my head here on economic theory, but from what I can tell about Democrats, to be a good Democrat these days, you must believe in the following articles: Inflation is what the government says it is, unemployment is also what the government says it is, and that prosperity can flower and the standard of living can rise only when business conditions are optimized. Entrepreneurs will lead us to salvation and government, consumers and workers need to stay the hell of the way. "Optimized" consists of the standard wish list : an environment of competitive deregulation among states, low prevailing rates of taxation, liquidity in both capital and labor markets, and general price stability.

So I have to wonder, would a paid-up Democrat in good standing really object to what you call "stagnant wages"? You seem to be objecting to what is, according to defenders of the faith, a precondition of a better world.