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November 26, 2007

The Next Clintonomics

The Washington Post


What are Hillary Clinton's views on progressive fiscal policy? According to The Washington Post's David Ignatius, the answer may be found in the most recent issue of Democracy. Ignatius says that Clinton balances two primary school of thought: that which prizes innovation, and that which focuses on the economic anxiety of Middle America. He writes:
A sense of how Clinton might try to combine these two strands...can be found in an article by [Gene] Sperling that appeared in the fall edition of the journal Democracy. Sperling argues that free-trade advocates need to recognize the squeeze on wages and job security that has accompanied globalization. He argues for flexible, pro-growth responses, such as adjustment assistance for laid-off workers, rather than the outright protectionism unions want. In his book "The Pro-Growth Progressive," Sperling explores the revised "social compact" with workers that Clinton seems to be working toward in her speeches.

You can read Ignatius' full column here. To read Gene Sperling's article, go here.

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