DesertFox
06-02-2007, 04:22 PM
Rich Lowry
Hillary Clinton has identified a grievous flaw in the contemporary American economy: It leaves “it all up to the individual.” This hateful individualism is allegedly driving income inequality and destroying the American Dream.
Clinton calls it “the ‘on your own’ society,” displaying a liberal Democrat’s curious aversion to people doing things on their own. In contrast, she offers a collectivist vision of “shared responsibility for shared prosperity,” making the case for it based on a farrago of mistruths about the state of the economy. She actually is not interested in sharing anything, but instead hogging all the credit for economic growth in the 1990s for her husband and, by extension, herself.
Clinton cites figures to paint a picture of an immiserated middle class, but avoids the main event. As Democratic economist Stephen Rose notes in his new book, Social Stratification in the United States, once people outside their prime working years are excluded — the elderly and the young — the median income for an American family is $63,000. Which, in the words of the Washington Post, “in most parts of the country buys a pretty comfortable middle-class lifestyle.”
More right here > * (http://author.nationalreview.com/latest/?q=MjE1NQ==)
Hillary Clinton has identified a grievous flaw in the contemporary American economy: It leaves “it all up to the individual.” This hateful individualism is allegedly driving income inequality and destroying the American Dream.
Clinton calls it “the ‘on your own’ society,” displaying a liberal Democrat’s curious aversion to people doing things on their own. In contrast, she offers a collectivist vision of “shared responsibility for shared prosperity,” making the case for it based on a farrago of mistruths about the state of the economy. She actually is not interested in sharing anything, but instead hogging all the credit for economic growth in the 1990s for her husband and, by extension, herself.
Clinton cites figures to paint a picture of an immiserated middle class, but avoids the main event. As Democratic economist Stephen Rose notes in his new book, Social Stratification in the United States, once people outside their prime working years are excluded — the elderly and the young — the median income for an American family is $63,000. Which, in the words of the Washington Post, “in most parts of the country buys a pretty comfortable middle-class lifestyle.”
More right here > * (http://author.nationalreview.com/latest/?q=MjE1NQ==)