HolyCoast: Hillary the Economic Socialist
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Monday, January 21, 2008

Hillary the Economic Socialist

Do you want the government to have more control over the economy, and thus more control over your life? Hillary does:
Senator Hillary Rodham Clinton said that if she became president, the federal government would take a more active role in the economy to address what she called the excesses of the market and of the Bush administration.

In one of her most extensive interviews about how she would approach the economy, Mrs. Clinton laid out a view of economic policy that differed in some ways from that of her husband, Bill Clinton. Mr. Clinton campaigned on his centrist views, and as president, he championed deficit reduction and trade agreements.

Reflecting what her aides said were very different conditions today, Mrs. Clinton put her emphasis on issues like inequality and the role of institutions like government, rather than market forces, in addressing them.

She said that economic excesses — including executive-pay packages she characterized as often “offensive” and “wrong” and a tax code that had become “so far out of whack” in favoring the wealthy — were holding down middle-class living standards.
There's a little concept called "freedom" that's completely lost on socialists like Clinton. In her world inequalities have to be fixed by government taking from one person and giving to another, while slicing off a healthy chunk for itself. Companies offering high incentive packages for senior executives must be stopped, even if those packages are necessary to attract top talent. If you're rich it's because you're not taxed enough, and if you're not rich, it's because the rich are not taxed enough. She doesn't understand the economic vitality that was generated every time tax rates were reduced and people were encouraged to invest the extra money they had.

She just doesn't get it, but if she's elected, we'll all get it. Yes, she's no Bill Clinton. She's an unrepentant leftist.

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