By DemocracyRules
Hillary, unmedicated. NYT interview:
It's long and boring, but here is the gist: She is skeptical about free trade and other aspects of a free-market economy... she talks about irresponsibility in corporate America and the government.
She thinks income inequality is growing. "[F]rom 1946 to 1973, the pay of most workers rose steadily... the share of workers in labor unions grew, allowing workers to win raises and benefits that they can rarely win on their own".
She thinks technological change is bad because it "eliminated the need for many blue-collar jobs". She thinks global trade is holding down wages.
Her first priority is to increase taxes on the rich. She thinks increasing high-end tax rates would increase revenue by $52 billion a year, which she would spend on various projects.
She wants to increase regulation. "I just believe strongly that we are in great need of a total overhaul," she said, arguing that the Bush administration has outsourced too many functions and damaged the federal government’s competence.
She wants to fix mortgage problems by banning foreclosures and freezing interest rates on sub-prime mortgages. She says she can "understand totally" the frustration of people who did not take out such loans and now wonder why the government would help those who did. But she will do it anyway.
"[I]f you really believe you have to manage the economy," she said.
Go Fred!
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