Winners and Losers of this 4T

[David Horn]

(09-04-2020, 02:05 PM)Eric the Green Wrote: First of all, though, Democrats are not neo-liberals. That is the Republican program, completely. The worst you can say about Democrats in that regard is that they were humbled by Republican neo-liberal (aka Reaganomics, free-market fundamentalist) power, and compromised with it too much (e.g. repeal of Glass-Steagall). But they didn't go all the way. Wages were raised and many regulations were still in place. By the way, calling Democrats "neo-liberals" is as inaccurate as calling any Republican a "populist."...

Sorry, but the original neoliberals were the Clintonites responding to the excessive rightward drift of the Reaganites.  Credit Robert Rubin and Lawrence Summers as the progenitors of this DINO economic policy.  Essentially, to maintain power they sided with the big banks and big business on economics, while advocating progressive policies in the social sphere.  For the poor, especially people of color, it was smile, shake their hands and steal their wallets.