January 29, 2013

AND YET ONE OF THEIR CAMPAIGN THEMES WAS THAT THEY’D BRING BACK THE CLINTON PROSPERITY: Purging the Ghost of Bill Clinton’s Economics From the Holy Spirit of Barack Obama. “One of the more interesting and regrettable ideological developments over the past eight or so years has been the Democratic Party’s repudiation of Bill Clinton’s economic policies (a repudiation, fortunately for Clinton, that does not require rejecting the Big Dog himself, nor renouncing credit for his economic successes). . . . But here’s the problem: Every time the Congressional Budget Office conducts a ‘long-term budget outlook,’ the result is always horror.”