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TalkingDog

(9,001 posts)
Wed Mar 23, 2016, 02:32 PM Mar 2016

Who Paved The Way For Donald Trump?

http://www.huffingtonpost.com/entry/how-the-democratic-party-helped-create-donald-trump_us_56f17969e4b084c672219f8a

Why, these folks right here:

Here is a list of Bill Clinton’s major legislative achievements: Three separate major bank deregulation bills. Deregulating the telecom industry. Passing the North American Free Trade Agreement. Ending “welfare as we know it.” Passing a crime bill that turned over-incarceration into mass incarceration. Slashing the capital gains tax. He even cut a deal with Newt Gingrich to privatize Social Security, but the pact fell apart when the Monica Lewinsky scandal broke.

This was right-wing domestic policy on a scale unimaginable to Ronald Reagan or George H.W. Bush, achievements made possible only by a Democratic president willing to advance the ideological agenda of a Republican Congress (Frank cites a celebratory White House memo saying as much after a bank deregulation bill passed). The upshot of these policies was to shift economic power from Washington to Wall Street, while converting a large swath of the social safety net quite literally into prison.

“Toil hopelessly or go to prison,” Frank writes. “That is life at the bottom, thanks to Bill Clinton.”
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