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Bill Clinton’s former senior political adviser explains why the Democratic Party needs Wall Street and the business elite on its side. Schoen demonstrates why the Democrats will always be one wing of the same capitalist bird. Interestingly, he also argues that the Democrats should not even pretend to be a reformist party: "Most important, the Democrats have simply had an ineffective, negative and coercive economic message. Advocacy of a $15 minimum wage and further banking regulation does not constitute a positive, proactive agenda." Take away the minimum wage demand and support for banking and environmental regulations, and what’s left of the Democratic Party pretense at populism? It’s already rejected single payer health insurance, the other plank of a possible populist program. https://www.nytimes.com/2017/10/17/opinion/why-democrats-need-wall-street.html?action=click&contentCollection=opinion®ion=rank&module=package&version=highlights&contentPlacement=1&pgtype=sectionfront <https://www.nytimes.com/2017/10/17/opinion/why-democrats-need-wall-street.html?action=click&contentCollection=opinion®ion=rank&module=package&version=highlights&contentPlacement=1&pgtype=sectionfront> Glenn _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
