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Clinton's policies have lead directly to these sorts of wealth imbalances. His deregulation of the financial industry is a large reason for the 2008 recession,
by Slothrop479 7y ago
Clinton's policies have lead directly to these sorts of wealth imbalances. His deregulation of the financial industry is a large reason for the 2008 recession, his work with NAFTA left behind many of the working class, his welfare and prison reforms stole livelihoods from the poor, his CEO pay reforms lead to the massive increase in CEO compensation (mainly in the forms of stocks, which Clinton reduced the tax burden of by lowering capital gains tax), etc. Clinton's policies were neoliberal and largely skewed towards the wealthy.
Some details of his failures can be seen here:
https://prospect.org/health/fabulous-failure-clinton-s-1990s-origins-times/ https://prospect.org/health/fabulous-failure-clinton-s-1990s...
https://www.theatlantic.com/politics/archive/2018/02/welfare-reform-tanf-medicaid-food-stamps/552299/ https://www.theatlantic.com/politics/archive/2018/02/welfare...