Back in the 80’s we heard liberals bleating on about trickle-down economics, where government policies favoring capital attraction would lift the economy such that the lowest rungs would also rise.
There are a few assumptions inherent in this theory, one of which is the lowest rungs have a desire and propensity to rise–that they want upward mobility.
Pulling up the economy by means of capital attraction is actually the best way for government to encourage growth and stay out of the way at the same time. But only if there is no competing interest for individuals to remain statically poor. In this respect, Reagan’s implementation of his tax package was bound to fail, eventually, because liberals can’t stand to see anyone get what they deserve.
Hillary Clinton has never met a stigma she wouldn’t fight to eliminate; she’s never met a shame worth bearing. She has spent her entire life formulating a morality that rejects shame. Where Reagan’s economic policy was designed to attract capital and grow our economy, Clinton’s view of government is to attract a globalist view of morality in which nobody is objectively wrong, but everything is too complex for the everyman (and everywoman) to figure out.
More @ The Resurgent
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