Hillary Clinton and the Northern Strategy

[MisterP]

4. under neoliberalism the bubbles generated by "liberating" the economy were supposed

to take over for the state's pullout and disinvestment: individuals and universities just had to manage "smartly," like Cramer and Orman yelled at you to

oil in the mid-80s, S&Ls in the late 80s, IT/telecom early 90s, dotcoms until 1999, housing until 2007--all were "surefire, inflation-proof investments" that'd never go down

the safety net could be minimaxed down and blamed for any deficit, service jobs would take over outsourced manufacturing (Canada's economy's no less service-dominated); even Massachusetts Miracle technocrat Tsongas got the ball rolling by saying Dems shouldn't concern themselves with how money's distributed, just to "make the pie higher"

what happened, of course, was that the top 15-20% profited--plenty of neo-gentry living off investments, and somebody's gotta be buying all those McMansions nobody living off wage work can afford; but their situations are very precarious, too, so it's only nominally "working out" for them