I agree totally w/what Julio & Doug have just said.

I think LP gives Clinton too much credit.  He had
the luck to come into the 96 election with the dot-com
bubble (n.b., 'Contours of Descent' by Bob Pollin).
So his policies didn't 'work' in any positive sense.

Centrist shit doesn't work in this kind of crisis; it's
toxic, actually.

I wouldn't bet against a meltdown today,
except for a relatively short time period.



On Fri, Dec 10, 2010 at 11:23 AM, Louis Proyect <[email protected]> wrote:

> On 12/10/2010 11:15 AM, Doug Henwood wrote:
>
> > He comes from the school of thought that Adolph Reed once
> > characterized as believing that if you just got all the smart
> > people together on the Vineyard, they could solve everything.
>
> His basic problem is that this does not work in a period of deep
> crisis. And let's face it, comrades, this is a time when Mark
> Jones's bet with Max would be a lot more timely than when it was made.
>
> This kind of narrow technocratic, centrist approach "worked" for
> Clinton because the US economy was a lot healthier than it is
> today. Obama's proposals are so out of whack with reality that
> they fool nobody, except the dwindling soft left cult around him.
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