I was locating the point in time when the party completely accepted the orthodox economic position. Nothing has changed since then.
Replies
Yeah this is what I think too as I look back, this was the democrats leaning into liberalism as it pertains to less restrictions on the market.
aug 31, 2025, 11:08 pm • 3 0 • view
Clinton's admin abolished the Glass-Steagall act. They also ran the first govt surpluses in most people's lifetimes. People seem to think that is good, but a govt surplus means the govt restricts spending (to less than taxation) which just runs down the public's income/savings. They bought the lie.
aug 31, 2025, 11:11 pm • 1 0 • view
Yes. Exactly this. His administration also gutted welfare and passed DOMA
aug 31, 2025, 11:15 pm • 2 0 • view
That's true. I don;t blame Clinton personally for that DOMA, but it's clear to see what a lot of the mainstream party were like. Some are still there.
aug 31, 2025, 11:28 pm • 2 0 • view
I really don’t know how much a president has active hands on vs his administration, but yeah the party went like this mainstream and then danced back on social issues a bit, but…..
sep 1, 2025, 3:09 pm • 0 0 • view
When Clinton took power Dems had a senate/house majority. He could have pushed through single payer health reform. However there were background machinations. A lot of advisors pushing neoliberal economics, which they used to get centrist/right voters on board. So-called 'fiscal responsibility'.
sep 1, 2025, 3:17 pm • 1 0 • view
So loosely I’m getting that we put a lot of things in place after the Great Depression to take care of our populace, and then spent the rest of time trying to dismantle it, which led us to citizens united and here with a lot of rich people trying to stay rich, what do you think?
sep 1, 2025, 3:21 pm • 1 0 • view
In sum, yes. It's pretty old starting in the late '60s with business trying to dismantle the post-war consensus economy. A lot of propaganda. There are many parts to this. Politically the Powell Memorandum was a key part.
sep 1, 2025, 3:28 pm • 0 0 • view
Oh thanks for that. I’ll go read up on that
sep 1, 2025, 6:04 pm • 0 0 • view
Oh then he became a Supreme Court justice!! Woah
sep 1, 2025, 6:10 pm • 0 0 • view
and laid off 377k federal workers to be replaced with contractors
aug 31, 2025, 11:26 pm • 2 0 • view
It marks the point neoliberalism became truly bipartisan.
aug 31, 2025, 11:29 pm • 3 0 • view