Hillary Clinton

For Hillary Clinton, No War but the Class War

The Democrats' only announced candidate so far is tacking hard left on economic rhetoric.

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Near the end of a recent New York Times article detailing the imaginary populist roots of Hillary Clinton —the original Elizabeth Warren, her people would have you believe—the reader crashes into this implausible scene:

"In a meeting with economists this year, Mrs. Clinton intensely studied a chart that showed income inequality in the United States. The graph charted how real wages, adjusted for inflation, had increased exponentially for the wealthiest Americans, making the bar so steep it hardly fit on the chart.

"Mrs. Clinton pointed at the top category and said the economy required a 'toppling' of the wealthiest 1 percent, according to several people who were briefed on her policy discussions but could not discuss private conversations for attribution."

Does anyone believe that Hillary was "intensely" studying a chart—one that could barely contain the lines illustrating the real-wage growth of those reviled 1 percenters (how's that for color?)—before she had a socialist epiphany? Does anyone believe that our hero had never even contemplated this well-traveled liberal talking point before coming to a realization that we must overthrow the top 1 percent to save America? In a single meeting? Using one chart?

Well, even if it were true, it would seem a bit impetuous to me. But let's go with it.

It's established media practice to talk about the GOP as the party that's lurched to the far right, an ideologically intractable group on a disturbing trajectory that leads to 2008-era tax rates and other forms of fanaticism. But I would love for someone to point out the last time a Democratic Party candidate suggested that government should topple an entire class of Americans for the good of everyone else. Has anyone, including Barack Obama, ever gone that far? Remember that this isn't just some slip of the tongue; this is Hillary's camp laying out a fantastical story to an accommodating media outlet—going out of its way to make sure the word "topple" would be specifically mentioned in quotation marks. Also, I'd love to know which economists nodded their heads in agreement as Hillary embraced this harebrained Robert Reich zero-sum economic "toppling" theory.

And shouldn't the public know more? Seeing as it's imperative for the political press to find out exactly how a Marco Rubio or Rick Perry—and, no doubt, all prospective Republican presidential candidates—would deal with a theoretical invitation to a gay wedding or what the Republican candidates' thoughts on macroevolutionary theory are, I imagine the press will be scurrying to find out exactly what Hillary meant by her "toppling" comment.

After all, the 1 percent includes anyone making about $350,000 a year—or, as Hillary might put it, booking one speaking engagement. We're talking about business owners, entrepreneurs and folks living off their investments. We're talking about some people who earned their money legally and productively and perhaps even create jobs and make life better for other Americans. Some of those who have "disproportionately" benefited from the economy may even have worked harder. The Democratic Party believes that technocrats have the moral authority to decree who deserves to benefit from growth. So good for Hillary for saying so.

But to understand the Democratic Party's hard left turn on economic policy, think about this: Progressive economist Dean Baker, for instance, is conscripted for the Times piece to help distance Hillary from her husband's economic policies. "I remember when Bill Clinton was running in 1992 and his line was 'putting people first,'" Baker explains. "He just didn't follow through on that"; instead, he emphasized such things as deficit reduction and trade deals. Yes, indeed, Hillary Clinton's handlers want to impress upon you that she will not be repeating Bill's tenure—which saw a strong labor market and strong economic growth and in which median wages grew, poverty shrank and entrepreneurship exploded—but that she will run to the left of Obama, who presided over a stagnant economy and the slowest recovery in history. Yes, only the GOP has lost its way.

Now, obviously, Hillary doesn't really mean any of it. "Toppling" was meant to telegraph to activists that she has embraced hard left-populist economic policies, the kinds of ideas that have taken over her party. And because she has no genuine or cogent philosophical belief system and her own life is an example of how disproportionate wealth works, the rhetoric she offers on this front will often sound clumsy, prefabricated and bogus. She's just not going to be as good at this as Obama. So it's not surprising that, according to the Times, we're going to be hearing a lot of familiar small-fry, feel-good items—hiking the minimum wage, closing corporate tax "loopholes" and paid medical leave—that would neither spur middle-class growth nor close the wage gap.

But it may well win her the election. And really, isn't that all that matters?

© Copyright 2015 by Creators Syndicate Inc.

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  1. LOL
    So you want to topple the evil 1%, huh?
    ok Hillary, you first

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  2. “For Hillary Clinton, No War but the Class War”

    If only… (see Iraq, Libya, Syria)

  3. But she feels in no ways tired of doing it.

    1. +1 Swing Low Sweet Chariot

  4. the original Elizabeth Warren

    You mean Hillary is part Native American?

  5. The rich are getting richer, and so are the poor.
    Maybe the Federal Reserve Bank should take a break from doing everything in its power to enrich the one percenters at the expense of lowly pleb savers.

  6. “the 1 percent includes anyone making about $350,000”

    Not quite right: to be a member of the loathsome 1%, household income has to be about $400,000.

    There is a huge difference between individual income and household income.

    1. True. Are we taking about before, or after taxes? I know a doctor who makes more than that *before* taxes. Topple him!

  7. “Mrs. Clinton pointed at the top category and said the economy required a ‘toppling’ of the wealthiest 1 percent, according to several people who were briefed on her policy discussions but could not discuss private conversations for attribution.”
    .
    I don’t know whether to laugh, cry, or go buy more ammo.

    1. Weep tears of either sadness or laughter while drinking beer and firing away.

    2. Praise the Lord and cycle the reloading equipment….

  8. The evil resides almost exclusively in these scumbags in government. Like her. How about we just ostracize them all?

  9. You first Hillary. You motherfucking first.

  10. Yes, there is a 1% that needs to be toppled. Most of them live in D.C.

  11. How long before some honest, courageous reporter points out that the canklebeast is near the top of the list of the 1%?

    Fucking commies are the same, all of them, in all places at all times. Scum of the earth.

  12. In a meeting with economists this year, Mrs. Clinton intensely studied a chart that showed income inequality in the United States. The graph charted how real wages, adjusted for inflation, had increased exponentially for the wealthiest Americans, making the bar so steep it hardly fit on the chart.

    Mrs. Clinton pointed at the top category and said the economy required a ‘toppling’ of the wealthiest 1 percent, according to several people who were briefed on her policy discussions but could not discuss private conversations for attribution.

    Did anyone else flash to a new source for Downfall videos?

  13. How about we just ostracize them all?

    You misspelled “lynch”.

  14. “Mrs. Clinton pointed at the top category and said the economy required a ‘toppling’ of the wealthiest 1 percent, according to several people who were briefed on her policy discussions but could not discuss private conversations for attribution.”

    Yes, this was a great revelation to Shrill; she had no idea that ‘the people’ were starving! This had been kept from her by her evil advisors and I’m sure she will engage in a wholesale restaffing so she is never again denied knowledge of the condition of the proletariat!
    Seve the People. comrade!

    1. Damn “edit” button!
      Serve the People, comrade!

      1. If we could only delete Reason posts the way certain Secretary of States delete e-mails…

      2. “It’s a cookbook!”

    2. Seve the People. comrade!

      How do you like them? Medium rare or well done?

  15. She’s a phony, just like Warren.

    That’s what I really don’t understand about lefties – how they can slobber over this talk coming from people who don’t practice it?

    Can’t they find an honest socialist? I’m sure some must exist somewhere.

    1. Can’t they find an honest socialist?

      The only honest socialists are plebs, and there’s no way in hell the apparatchiki would obey a pleb, even if the nomenklatura let a pleb get nominated.

      -jcr

  16. The beauty of this is, there’ll always be a top 1%.

    1. Yep.

      And should they ever achieve their egalitarian paradise here in the US (which we can hope to God will never happen) and the top 1 percent* is making $10,000 a year while the rest of us scrape by on $5,000 a year, they’ll still be screaming for the toppling of this evil 1 percent.

      * This, of course, doesn’t include the members of the progressive ruling class, who will be making the six figures a year that they deserve.

      1. Insert video of Margaret Thatcher here.

      2. This, of course, doesn’t include the members of the progressive ruling class, who will be making the six figures a year that they deserve.

        Not at all; they will nominally get regular salaries. They’ll simply be chauffeured in state-owned limousines, live in state provided houses with state provided staff, vacation in state-provided holiday resorts, etc.

  17. Of course, she doesn’t mean a single word of what she said, if she even said it. That said, bring it on. I have lots of ammo that is getting stale…..

  18. I’m going to hang out a shingle and offer to appear at events and say all the same bullshit that Hillary Clinton does, for only a hundred and fifty grand.

    -jcr

  19. “Change We Need” Stroke of genius, picking Bruce Jenner as her V.P.

  20. Google pay 97$ per hour my last pay check was $8500 working 1o hours a week online. My younger brother friend has been averaging 12k for months now and he works about 22 hours a week. I cant believe how easy it was once I tried it out.
    This is wha- I do…… ?????? http://www.netjob80.com

  21. I believe it is a correct approximation that Hillary is clumsy. That hasn’t much to do with the basis of her agenda.
    Obama waited till four days before the election to say ‘ fundamentally transform America’, and it was too late for voters to vet what he was intending, with that statement.

    Hillary is simply early with ‘topple’, and clumsy…. rather than consider vetting what she is intending all the article does is presume, like Obama’s statement was assumed.. to rhetorical in nature.

    Major mistake.. assuming.

  22. She will start by donating all of her wealth to charity and moving back into a modest three bedroom home in Arkansas will Bill.

  23. My best friend’s mother-in-law makes $85 /hour on the internet . She has been out of work for 5 months but last month her pay was $16453 just working on the internet for a few hours.
    Visit this website ?????????? http://www.jobsfish.com

  24. Google pay 97$ per hour my last pay check was $8500 working 1o hours a week online. My younger brother friend has been averaging 12k for months now and he works about 22 hours a week. I cant believe how easy it was once I tried it out.
    This is wha- I do…… ?????? http://www.netjob80.com

  25. I really don’t think progressives ever think things through. They simply imagine everyone has jobs like they do in state government, academia, non-profits, etc.

    Because if you think about the real world, people have to be paid for risky investments. If you are not paid enough for that risk, then you stop investing.

    Let’s imagine a guy comes up with a new design for a product with $500,000 of tooling needed for it. He also needs to place a large order worth $1,000,000 annually to purchase materials or buy the product, etc. The product is a success, but that means he has to order much more materials. He starts to have to purchase $10,000,0000 of raw materials every year. Let’s say he finally nets out $500,000 of profit.

    There is simply no way anyone does this with 90% tax rates above $250,000, for example.

    No one will spend money to have 10 million dollars of risk for a payout of 3% or whatever.

    This ain’t a bank CD. You could get bad materials. Your product could become unsaleable as company B comes up with something better. Risk of lawsuit, etc.

    My numbers are examples, and the math may be wrong but you get the idea. Yes, there are ways to get around such a tax system, but I’m assuming its possible to fix down that toppling tax rate.

    Many people make large profits because they have large risks.

    1. I think that most of them are just ruled by raw emotion, honestly.

      They see poor people suffering, then they look at rich people enjoying life, and their feelings take over from there. They make it their entire mission to destroy the rich and give the wealth to the poor, whether or not that’s actually tied to any moral good.

      For them, the good is whatever hurts the rich. That’s their philosophy.

  26. Dear Reason Magazine:

    It’s no wonder Hillary is standing up for the little guy — she knows what it’s like to be broke!

    ROTFL,
    Dusty

  27. Why are we still talking about Hillary Clinton lol? Nobody is going to show up to vote for her.

    1. I don’t think she has any chance of getting her party’s nomination. I don’t understand how so many people would think otherwise. She’ll be skewered by members of her own party before too long.

  28. pay 97$ per hour my last pay check was $8500 working 1o hours a week online. My younger brother friend has been averaging 12k for months now and he works about 22 hours a week. I cant believe how easy it was once I tried it out.
    This is wha- I do…… ?????? http://www.netjob80.com

  29. Google pay 97$ per hour my last pay check was $8500 working 1o hours a week online. My younger brother friend has been averaging 12k for months now and he works about 22 hours a week. I cant believe how easy it was once I tried it out.
    This is wha- I do…… ?????? http://www.netjob80.com

  30. In a meeting with economists this year, Mrs. Clinton intensely studied a chart that showed income inequality in the United States. The graph charted how real wages, adjusted for inflation, had increased exponentially for the wealthiest Americans,

    Mrs. Clinton seems to be mathematically and economically illiterate.

    First, all incomes “increase exponentially” when they increase at all; that’s the nature of growth.

    Second, wage increases have little to do with wealth; the top 1% of wage earners are not the same as the top 1% wealthiest Americans. Furthermore, being in either “1%” means that you are a member of a group of 3 million people; the billionaires that supposedly corrupt our society are a much smaller and more elusive club.

    Third, and most importantly, there is no such thing as “the” 1%; the top 1% of wages are received by a different group of people every year. Most of those are actually professionals (doctors, lawyers, engineers, etc.) late into their careers, having a few good years before retirement. There is no actual group to “topple”.

  31. my Aunty Sophia just got a nearly new BMW X4 SUV just by some parttime working online with a lap-top
    This is wha- I do…… ?????? http://www.netjob80.com

  32. uptil I looked at the paycheck which was of $6898 , I have faith …that…my father in law was actually erning money parttime from their computer. . there neighbor had bean doing this for less than nine months and at present cleard the loans on there apartment and got a great new Nissan GT-R:…… ?????? http://www.netjob80.com

  33. my roomate’s half-sister makes $71 /hr on the computer . She has been laid off for 5 months but last month her pay was $17321 just working on the computer for a few hours
    …… ?????? http://www.netjob80.com

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