[lbo-talk] Obama economist an apologist for Wal-Mart

Doug Henwood dhenwood at panix.com
Tue Jun 10 09:43:58 PDT 2008


On Jun 10, 2008, at 12:33 PM, Charles Brown wrote:


> Don't you attribute the 2000 gini index and poverty rate to the reign
> of Clinton(Bill)-Rubin-Brookings economics?

The late-90s boom, while good for the working class, was the byproduct of an unsustainable bubble. We're not going to get back to those poverty rates and ginis without something like a social democratic program, and that's not coming from an Obama-Hamilton agenda.

Doug



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