The Stakes Of Electoral Politics

[Brad DeLong]

>R. Emmett Tyrell is an expert you trust? On anything? Clinton's
>upping the top-bracket tax rate was governing in the interest of Wall
>Street and the Fortune 500?
>
>Brad DeLong
>
>
>no, no, and no, but putting aside that great year of 1997,
>has Clinton ever taken note of the worsening distribution
>of wealth, before- and after-tax income over time?  For
>some reason he didn't get into that in the Amy Goodman
>interview.
>
>[not a rhetorical question]
>mbs

Whenever he is in the same room as Gene Sperling or Robert Reich, he 
worries about it a lot.

Whenever he is in the same room as Bob Rubin or Larry Summers, he 
worries about it some.

Whenever he is the same room as Bruce Reed... you can do the extrapolation.

What does he believe? God only knows.

But I am here to make my full and complete confession. When Bill 
Clinton said in the winter of 1992 that the rise in income inequality 
over the preceding decade and a half meant that the Democrats could 
not afford to nominate a candidate as far to the right and as 
pro-business as Paul Tsongas, I fell for it. I fell for it 
completely. I fell into the pit of damnation, brothers and sisters.

But now I have climbed out! I have repented! I have been washed white 
in the blood of the lamb!...

Perhaps I need to get some sleep. Perhaps I need to get my meds adjusted...

Brad DeLong