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In reply to the discussion: Hillary and Bill earned every penny they have. [View all]nadinbrzezinski
(154,021 posts)31. Given what the economic policies have done
it could very well be seen that way.
This from the Report to the President:
Real output per hour was 99 percent higher by the end of 1972 than in
1947, while real average hourly earnings (GDP deflator) grew by 73 percent.
Figure 5-3 shows that since the early 1970s, the paths of labor productivity
and average hourly earnings diverged more widely. As a result, by the end of
September 2013 real output per hour was 107 percent higher than at the end
of 1972, but average hourly earnings had only grown 31 percent.8
Since the 1970s, these trends generally have been worse for lower income
households than for higher-income households (DiNardo, Fortin,
Lemieux 1996; Piketty and Saez 2003; Lemieux 2008; CEA 2012; Haskel,
Lawrence, Leamer, and Slaughter 2012).9 In particular, the income growth
in the top percentile of the income distribution has been much stronger
than other percentiles.
People like Bill Clinton at high policy levels set the ground for the 2008 economic crash, and people on both parties are still fighting bringing the economic system back to heel. You know, the watered down bank regulations, they want to repeal them...
And yes, this blood money analogy was being repeated by many kids in many an occupy, indignado, et al camp around the world. That has not played out. In fact, it is just starting to play out.
Now my advise to the Clintons, is stop sounding naive and nouveau riche... aka, you can afford it, get a damn publicist. What both mother and daughter said recently has really grated people's sensitivities. It is almost as if I were back at a certain Occupy camp interviewing people. There is an undercurrent, almost like an undertow... that something is really, and I mean this, really wrong and broken.
Given the policies set up the conditions where we have the most income disparity since 1913, you can see why things are kind of boiling over. And yes, those were set by neoliberal types, including Bill Clinton. And Hillary will run on populist grounds but trust me, will not revise NAFTA, or worst, get out of NAFTA, let alone get out of TISA or TTP negotiations. That ain't gonna happen. The money people will not let her, and like most pols in the US, she listens to the money people. See, it is not just her.
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I save blood money for the Bush Cheney crew- this is more "they're all exactly the same"
bettyellen
Jun 2014
#11
It's a meme going around here- saw Hil compared to Romney- then Malia and Sasha to Bush's kids on
bettyellen
Jun 2014
#22
the "blood money" is OTT. just as comping Clinton wealth with Romney wealth is.....
bettyellen
Jun 2014
#26
I actually do. It is still overheated rhetoric. And a naive line of thinking.
bettyellen
Jun 2014
#50
You have absolutely no idea what I have experienced- but thanks anyway for the snark
bettyellen
Jun 2014
#60
I completely agree, but at this moment- discussing these candidates- it is what we are stuck with
bettyellen
Jun 2014
#154
Merely saying that supporting a neoliberal candidate is "pragmatic" does not make it so.
woo me with science
Jun 2014
#168
again, you are making unfounded assumptions - where did I say I support Hillary? NOWHERE.
bettyellen
Jun 2014
#170
No, I am saying it is hyperbole that the uninformed will take and run with.
bettyellen
Jun 2014
#155
I don't mind that Hillary is rich. I mind that she's a warmongering, TPP-backing neo-con.
Scuba
Jun 2014
#3
Maybe by "targeted response" she meant we'd buy Syrian refugees some food and clothing at Target.
Scuba
Jun 2014
#161
Its all knee-jerk, Romney money - good. Clinton money - baaaaaaaaaaaaaaaad.
marble falls
Jun 2014
#6
sigh. you persist in trying to falsely make this about people here hating rich people
cali
Jun 2014
#35
You brilliance is noted, but Baby, you forgot to complete your sentences in a couple of your lines.
lumpy
Jun 2014
#97
To rich folks, when "earning" money, slave labor is something of which one never thinks.
Maedhros
Jun 2014
#130
Can you please stop making it personal for a moment and respond to the policies?
woo me with science
Jun 2014
#107
You say, "fair point," yet your next sentence accuses me of "hurling personal insults at Democrats."
woo me with science
Jun 2014
#124
You are remarkably incapable of making, or refuting, effective arguments. [n/t]
Maedhros
Jun 2014
#131
The constant denial of the link between predatory policies and economic and human despair
woo me with science
Jun 2014
#132
Wow you silver tongue devil remind me not to get in a policy debate with you. Nice retort woo n/t
Drew Richards
Jun 2014
#171
You are right. 'A little knowledge can be a dangerous thing'. It is amazing to hear that Hillary is
lumpy
Jun 2014
#82
Sadly, anything connected with Wall St and bankers today is in essence blood money.
raouldukelives
Jun 2014
#38
Now that you have discovered the cause of all the ills of mankind, what is your solution to
lumpy
Jun 2014
#83
What I'm trying to say is that this is all white noise, that it doesn't matter.
Beacool
Jun 2014
#71
Except it's not. Elizabeth Warren is touted as the anti Hillary and she's very wealthy
Bluenorthwest
Jun 2014
#157
" i'm much more interested in senator warrens' amazing talents and plans than i am about hearing...
bettyellen
Jun 2014
#79
They ARE comparing the Clintons with Pol Pot and Stalin. That is not the way to influence
lumpy
Jun 2014
#91
So did a lot of people. Which doesn't mean they'd make a decent president.
Tierra_y_Libertad
Jun 2014
#86
By the time Bill Clinton left the WH there was only one reason I could still tolerate him
tularetom
Jun 2014
#87
Speaking of blood, there are too damn many people on this site who are willing to draw blood.
lumpy
Jun 2014
#93
Do you think she 'earned' her 15 Million Dollars running a shelter for homeless bunny rabbits?
Bluenorthwest
Jun 2014
#146
Everybody seems to have missed the last line: "It ain't the money: it's the bull@#$%." Says it all.
marble falls
Jun 2014
#147
Someone actually suggested to 1SBM that women, LGBTs and POC have some differences in priorities
bettyellen
Jun 2014
#167