If presumptive Democratic Nominee, Hillary Clinton has her way, a new era of government control is at hand. Hillary Clinton, has increasingly called for a much more activist role for the federal government, particularly in regard to the US economy. One hall mark of Clinton’s plans are to address the mortgage crisis, to address this Clinton class for a return to 1970s era price control. In a clear sign that the Senator from New York has no understanding or knowledge of history she remarked: “If you go back and look at our history, we were most successful when we had that balance between an effective, vigorous government and a dynamic, appropriately regulated market.”
And in a sign of incredibly shoddy reporting the New York Times essential endorses the statist plans of Mrs. Clinton.
Many analysts say that plan played a role in the Democrats’ loss of Congress the next year, but it is also widely credited with helping lay the groundwork for the 1990s boom.
Are there truly analyst who believe the economic boom of the mid to late 90s can be attributed to Clintonian economic policy, or in spite of it. If true, it would be perhaps the only instance in recorded history where increased taxes and government regulation led to increased economic prosperity. Indeed the economic boom of the 90s is likely more attributed to Democratic loss of Congress than any policy of Hillary Clinton.
Nonetheless, this is the reality we may all soon awake to next January, if the paternalistic, patronizing race batting Clinton brigade retakes Washington.
