Ed Driscoll

The 1980s? More Like The 1960s

In “1980s Redux: Hillary Clinton and Industrial Policy“, James Pethokoukis of US News & World Report writes:

Quick quiz: What does Hillary Clinton think is a “great organizing principle” for the American economy? Increasing our standard of living? Maximizing economic growth and economic freedom, maybe? Putting a chicken in every pot, perhaps? Nope, none of those. In a speech to the Chicago Economic Club last spring, she suggested that climate change would be a cool concept to organize an economy around.

And if government is going to make climate change or energy independence or whatever an explicit “organizing principle” for an economy, it means a return to a once edgy concept from the 1980s: industrial policy