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FreakinDJ

(17,644 posts)
Sun Oct 25, 2015, 10:15 AM Oct 2015

Will Hilary continue the "Trickle Down Recovery" for the 99%

Not that it hasn't worked out very well for the 1% - but as everyone in this country can tell you Work Class Wages have gone down - A LOT


Negative $4,019

The Obama years have been brutal on middle-class incomes.

The Presidential race is boiling down to one dominant issue: which party's policies will do more to help the financially stressed American middle class. President Obama's campaign theme is that Mitt Romney and the Republicans cater to the rich, while Mr. Obama cares about struggling families.




http://www.wsj.com/articles/SB10001424052702303822204577468750027784434



Reminds me of the joke

Mam don't let anybody tell you that ain't the greatest thing in the whole wide world - but I don't think I can take ....
89 replies = new reply since forum marked as read
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Will Hilary continue the "Trickle Down Recovery" for the 99% (Original Post) FreakinDJ Oct 2015 OP
Well Duh - HRC Is Owned Lock, Stock And Barrel By The Oligarchs, Corporations And Banks cantbeserious Oct 2015 #1
BINGO !!! FreakinDJ Oct 2015 #2
Hillary owns Hillary lewebley3 Oct 2015 #11
Dream On - Oligarchs, Corporations And Banks Own HRC cantbeserious Oct 2015 #13
Sanders supporters, bah bah bah bah lewebley3 Oct 2015 #15
Routine Response By HRC Supporters When Nothing More Constructive Can Be Said cantbeserious Oct 2015 #17
Sanders supporters are not contructive they bash Hillary! lewebley3 Oct 2015 #52
Au Contraire - Have Consistently Highlighted That HRC Is Owned By Oligarchs, Corporations And Banks cantbeserious Oct 2015 #53
Facts are bashing. Why because her supporters cannot bunk them. JRLeft Oct 2015 #77
The oligarchs also own almost everybody we elect and send to Washington, D.C. ... spin Oct 2015 #22
Right On - The Money Corruption Of Democracy Is The Defining Issue Of Today cantbeserious Oct 2015 #24
The working class screwed their own selfs. olegramps Oct 2015 #31
All Too True - Mission Accomplished By The Oligarchs, Corporations And Banks cantbeserious Oct 2015 #32
Yep, 1980 and ever since. mountain grammy Oct 2015 #43
Kucinich '08! brooklynite Oct 2015 #86
Owned by corporations, say like Lockheed, yes we know who is owned by Thinkingabout Oct 2015 #56
Know Thy Enemy - Oligarchs, Corporations, Banks And Their Media Minions And MIC Henchmen cantbeserious Oct 2015 #57
Yes, we know who is involved, Sanders is rewarding Lockheed. Thinkingabout Oct 2015 #59
Are You Insinuating That Lockheed Has Contributed To The Sanders Campaign cantbeserious Oct 2015 #61
You say that, I did not. Thinkingabout Oct 2015 #62
No - You Implied Same With Your Post - Do Not Attribute Comments To Me That Do Not Apply cantbeserious Oct 2015 #65
Am I responsible for your words? No, again your words not mine. Thinkingabout Oct 2015 #66
No - You Insinuated - I Am Not Responsible For Your Words - You Are cantbeserious Oct 2015 #68
I take full responsibility for my words. Thinkingabout Oct 2015 #69
Good - Go Reread Your Post cantbeserious Oct 2015 #70
The 'recovery' was always an 'average'. On 'average', the economy recovered. Erich Bloodaxe BSN Oct 2015 #3
How much did they spend in Tax Payer Dollars on the Wealthy Elite FreakinDJ Oct 2015 #5
The wealthy are her friends, family, advisers, and donors. Life is good for her. Why change? GoneFishin Oct 2015 #4
Hillary worked for everything she has, and she has share just about everything lewebley3 Oct 2015 #12
All Enabled By Her Friends - Oligarchs, Corporations And Banks cantbeserious Oct 2015 #14
No, most the Corporations have gotten their help from the GOP lewebley3 Oct 2015 #16
One Only Has To Review Campaign Contributions To Uncover Who Owns HRC cantbeserious Oct 2015 #20
The HRC supporters don't care much for the truth Joe Turner Oct 2015 #37
All Too True cantbeserious Oct 2015 #39
They're too busy moaning in another thread about how Sanders supporters Fawke Em Oct 2015 #63
Sorry, as I said before no owns Hillary lewebley3 Oct 2015 #51
HRC Is Owned By Campaign Financiers - Oligarchs, Corporations And Banks cantbeserious Oct 2015 #54
That is just your bashing opinion! lewebley3 Oct 2015 #58
Hardly - Do Your Own Research cantbeserious Oct 2015 #60
It's not bashing to point out the truth. Fawke Em Oct 2015 #64
Not the truth lewebley3 Oct 2015 #71
You are drawing conclusions from your bias Sanders opinion lewebley3 Oct 2015 #75
Again no one owns Hillary, she cannot be brought: She will make her own decisions lewebley3 Oct 2015 #81
It is so sad these days - to be truedelphi Oct 2015 #72
I am supporting Hillary because she is a talented leader of Dem party lewebley3 Oct 2015 #73
Unions are not the 1% and they are backing Hillary: Hillary is progressive enough them! lewebley3 Oct 2015 #80
The more conservative the union, the more likely they back Hillary. truedelphi Oct 2015 #84
Unions are not part of the 1%: Whether they are lib or Con: They are the middle Class lewebley3 Oct 2015 #87
You have apparently been blind to all the decades of corruption truedelphi Oct 2015 #88
Wrong: The Unions are the middle class: corruption is a human thing not a union thing! lewebley3 Oct 2015 #89
Corporations have gotten the most help from shareholders. raouldukelives Oct 2015 #79
"She has share (sic) just about everything" Please explain how you came to that conclusion. Live and Learn Oct 2015 #21
The figures show the Clintons are very generous, and they pay their taxes lewebley3 Oct 2015 #47
LOL So compared to Mitt Romney, Hillary is generous and pays her taxes? Okay. Live and Learn Oct 2015 #50
One problem I have with Obama and Hillary BOTH is that stillwaiting Oct 2015 #6
Even Bill Maher did that the other night in defense of Obama's economic policy FreakinDJ Oct 2015 #8
Job-less recoveries have become the norm..... daleanime Oct 2015 #7
Hiring is always the last thing to increase. shenmue Oct 2015 #29
Do you notice the uptick in wages at the end of your chart?? JoePhilly Oct 2015 #9
Would you prefer a 40 yr trend FreakinDJ Oct 2015 #10
You blame Obama, while carrying water for WSJ ... JoePhilly Oct 2015 #18
Against Obama's Trickle Down Recovery - Gladly FreakinDJ Oct 2015 #67
The line is jagged within a year primarily due to seasonal job fluctuation. cpompilo Oct 2015 #23
As long as UE stays low, the line will continue to move upwards. JoePhilly Oct 2015 #25
Balderdash. Then explain these: Live and Learn Oct 2015 #36
My first thought too, really they are actually blaming Obama treestar Oct 2015 #82
Wow a WSJ pro-Romney editorial from 2012. What will the Hillary bashers come up with next? DanTex Oct 2015 #19
Another indication of just how well Hillary did in that Benghazi hearing. JoePhilly Oct 2015 #26
I thought this post looked familiar Dem2 Oct 2015 #85
You spelled Hillary wrong...and that is just the beginning of what you got wrong. Evergreen Emerald Oct 2015 #27
Don't anti-Obama people belong on an anti-Democratic board? shenmue Oct 2015 #28
Quoting the Wall Street Journal? What the fuck is this shit? shenmue Oct 2015 #30
Kind of ironic that "Wall Street" and its journal are treestar Oct 2015 #83
Why don't you look at her website to see the policies she's suggested to address this? BainsBane Oct 2015 #33
It's all talk with Hillary Joe Turner Oct 2015 #35
It is not all talk BainsBane Oct 2015 #41
Policy proposals that will be quicky dismissed Joe Turner Oct 2015 #45
Hillary has been a loyal fighting Dem for 30 years: Her values don't change lewebley3 Oct 2015 #48
Does the sun rise every morning? Joe Turner Oct 2015 #34
Attention party loyalists: The point of this thread is that the status quo is NOT OK. reformist2 Oct 2015 #38
/\_/\_This right here_/\_/\ Scuba Oct 2015 #76
Probably. But, there will be plenty of new job openings in the military. Tierra_y_Libertad Oct 2015 #40
+1 BeanMusical Oct 2015 #42
Given Hill's Bankster backers, ya think? 99th_Monkey Oct 2015 #44
Here comes the TPP - the biggest corporate welfare program since ACA and NAFTA. We love CEOs! whereisjustice Oct 2015 #46
It's actually TINKLE ON ECONOMICS. in_cog_ni_to Oct 2015 #49
Has she made any accusations, as Bernie has as to who or what is resposible, or how we cure it ? why orpupilofnature57 Oct 2015 #55
Yep, it's all Obama's fault for setting wages so low and not creating the high paying jobs needed. n kelliekat44 Oct 2015 #74
Well, he did lay off a ton of federal employees ... Scuba Oct 2015 #78

cantbeserious

(13,039 posts)
53. Au Contraire - Have Consistently Highlighted That HRC Is Owned By Oligarchs, Corporations And Banks
Sun Oct 25, 2015, 03:55 PM
Oct 2015

eom

spin

(17,493 posts)
22. The oligarchs also own almost everybody we elect and send to Washington, D.C. ...
Sun Oct 25, 2015, 12:03 PM
Oct 2015

I don't believe they own Bernie.

olegramps

(8,200 posts)
31. The working class screwed their own selfs.
Sun Oct 25, 2015, 12:19 PM
Oct 2015

They swallowed the corporate propaganda hook, line and sinker. You don't need unions to protect you; they are only using the dues from your hard work to enrich themselves. They bought the same propaganda and flocked to the polls to vote in Right to Work Laws that were solely designed to destroy unions. What did they get in return, massive outsourcing of jobs, pensions cut and their health insurance canceled.

There was an ancillary result that has proven to be devastating for the workers. The unions having been seriously crippled were unable to get progressive legislators elected to represent their interest. The only time that those running for office showed any interest in the unions causes was at election time to pick up the check. There is one and only way for the workers to recover, that is unionization. This will enable them to actually elect progressives that will represent their interest and the rightful distribution of the fruits of the labor. It is the only path to repel of tax laws that have impoverished the workers and enrich the 1% of parasites who are sucking the live blood out the workers. The issues that must be addressed span the entire spectrum from health care and greed pharmaceuticals companies to minimum wage laws, pensions, fair taxes, etc.

Thinkingabout

(30,058 posts)
56. Owned by corporations, say like Lockheed, yes we know who is owned by
Sun Oct 25, 2015, 04:09 PM
Oct 2015

Lockheed, the F-35 group, keeping the project going.

Erich Bloodaxe BSN

(14,733 posts)
3. The 'recovery' was always an 'average'. On 'average', the economy recovered.
Sun Oct 25, 2015, 10:19 AM
Oct 2015

In reality, the Republican economic team Obama kept in place successfully guided the vast majority of the recovery to the wealthy, while the rest of us still stayed screwed, just maybe not quite as screwed. All the while proclaiming that we were 'saved' from disaster, while for most, we're still falling towards the ground, just more slowly. We'll still splat when we hit.

 

FreakinDJ

(17,644 posts)
5. How much did they spend in Tax Payer Dollars on the Wealthy Elite
Sun Oct 25, 2015, 10:30 AM
Oct 2015

including MANY foreign investors

What $4Trillion .... give or take a couple $Billion

and thanks to the many lucrative Tax Loop Holes the majority of that money will be repaid on the backs of the Working Class, our children and our grandchildren

GoneFishin

(5,217 posts)
4. The wealthy are her friends, family, advisers, and donors. Life is good for her. Why change?
Sun Oct 25, 2015, 10:29 AM
Oct 2015

She's got hers.

cantbeserious

(13,039 posts)
20. One Only Has To Review Campaign Contributions To Uncover Who Owns HRC
Sun Oct 25, 2015, 11:56 AM
Oct 2015

Oligarchs, Corporations And Banks!

 

Joe Turner

(930 posts)
37. The HRC supporters don't care much for the truth
Sun Oct 25, 2015, 12:30 PM
Oct 2015

It's all about what she said last week. How anyone can have confidence that in that is bewildering given her long track record of carrying water for the corporate community.

Fawke Em

(11,366 posts)
63. They're too busy moaning in another thread about how Sanders supporters
Sun Oct 25, 2015, 05:08 PM
Oct 2015

didn't want to hear Clinton talk.

Fawke Em

(11,366 posts)
64. It's not bashing to point out the truth.
Sun Oct 25, 2015, 05:10 PM
Oct 2015

I'm sorry if you don't like the truth, but it is what it is.

Hillary has been corporate-owned since at least 1986: http://abcnews.go.com/Blotter/story?id=4218509&page=1

truedelphi

(32,324 posts)
72. It is so sad these days - to be
Sun Oct 25, 2015, 09:18 PM
Oct 2015

On a discussion forum where I once used the Bwhahahaha! expression only to mock the daily happenings of the RW and their weird cast of outlaws.

And now I have to use it on people who supposedly should know better.

If you support Hillary Clinton because you are of the investment class and don't give a crap about anyone else, why, good for you.

But if you're part of the lower 95%, start getting educated.

 

lewebley3

(3,412 posts)
73. I am supporting Hillary because she is a talented leader of Dem party
Sun Oct 25, 2015, 09:41 PM
Oct 2015

You are an idealoge, its people like you that cause the Dem's
lose seats at the center power. The GOP love it when Dem's
attack their own. Your false statements against the Hillary help
the GOP.

Hillary and the Dem party are fighters for the middle class, if they
weren't they would join the GOP: they are investment class,
you need to start living in real world.


truedelphi

(32,324 posts)
84. The more conservative the union, the more likely they back Hillary.
Mon Oct 26, 2015, 06:36 PM
Oct 2015

Prison Guard Unions, big city police officers unions - they go for Clinton.

Nurses Unions across the country are supporting Bernie.

truedelphi

(32,324 posts)
88. You have apparently been blind to all the decades of corruption
Wed Oct 28, 2015, 04:57 PM
Oct 2015

And perhaps you have not noticed how the union "leaders" so often do the bidding of the One Percent.

So although in theory you are right - the union members are not part of the One Percent (at least in terms of rank and file members) - so what are the union leaders getting as quid pro quo in not maintaining the high safety standards, in not seeing to it that people are adequately paid, etc?

Live and Learn

(12,769 posts)
21. "She has share (sic) just about everything" Please explain how you came to that conclusion.
Sun Oct 25, 2015, 12:02 PM
Oct 2015
On their tax returns for the years 2007 through 2014, the Clintons’ reported combined income of $139 million. Hillary Clinton said in a statement that she and her husband paid $43.9 million in federal income taxes and $13.6 million in state and local taxes over those years, for an effective total tax rate of 45.8 percent.

The couple contributed $15 million to charitable contributions over the last eight years, she said.



Read more here: http://www.mcclatchydc.com/news/politics-government/article29711881.html#storylink=cpy

Let's see, 139 (earned) - 43.9 (taxes) = 95.1

95.1 - 15 (Charity) = 80.1 (million she kept for herself)

She shared approximately 10.8% of her pre-tax dollars. How does that become just about everything?
 

lewebley3

(3,412 posts)
47. The figures show the Clintons are very generous, and they pay their taxes
Sun Oct 25, 2015, 03:03 PM
Oct 2015


Mitt had not paid taxes in ten years, and his
money was sent out of the country.

Live and Learn

(12,769 posts)
50. LOL So compared to Mitt Romney, Hillary is generous and pays her taxes? Okay.
Sun Oct 25, 2015, 03:37 PM
Oct 2015

I'll give you that much. She is better than Mitt. That is not saying too much though.

stillwaiting

(3,795 posts)
6. One problem I have with Obama and Hillary BOTH is that
Sun Oct 25, 2015, 10:47 AM
Oct 2015

neither one brings this reality to light. They don't point to this occurrence with the frustration and commitment to improve it that this situation deserves.

When they talk about a recovery while this economic fact is a reality they absolutely deserve some level of criticism that they face. The recovery benefitted a very small part of the American population, and the majority continued to lose economic ground. When Democrats don't point this out while simultaneously putting forth policies and solutions to turn this around, why should we have faith that they are fighting for our interests? It seems more likely they are trying to mollify, coddle, and snow us.

Not to mention that it weakens the Democratic brand with working class individuals. Politically aware conservatives are certainly aware of this economic reality. When Democrats don't raise holy hell about it, what are we to say when conservatives claim that liberals only care about the wealthy and not the working class? When our Party's leaders don't point this economic reality out consistently and angrily (by blaming the Republican Party for obstructing progressive solutions) conservatives that actually pay attention to politics are going to come to certain conclusions.

Ultimately, there is NO reason for working class Americans to support the Republican Party, but when Democratic Party leaders obfuscate this economic reality, what chance do they have to get working class conservatives to wake up and see that the Democratic Party is the party that will fight for their economic well-being?


 

FreakinDJ

(17,644 posts)
8. Even Bill Maher did that the other night in defense of Obama's economic policy
Sun Oct 25, 2015, 11:08 AM
Oct 2015

He pointed out all the achievements and Wall St advances while completely omitting Working class wages and standard of living has gone down

And YES it is so frustrating to me.

Even many Trump supporters are trying to claim he would do more to help the working class

The WHOLE country, a very clear majority have this at the forefront of issues when they are selecting a candidate

daleanime

(17,796 posts)
7. Job-less recoveries have become the norm.....
Sun Oct 25, 2015, 11:08 AM
Oct 2015

because jobs, and working wages, are not what they are trying to recover.

shenmue

(38,501 posts)
29. Hiring is always the last thing to increase.
Sun Oct 25, 2015, 12:16 PM
Oct 2015

It comes after companies buy supplies.

Economics books, how do they work?

JoePhilly

(27,787 posts)
9. Do you notice the uptick in wages at the end of your chart??
Sun Oct 25, 2015, 11:26 AM
Oct 2015

Do you know why it is there?

I'll explain it for you. The reason that is there is because wages will not go up until you a sustained low UE.

When UE is high and increasing, as it was on the day Obama took office, you have more workers competing for fewer jobs. Wages drop as a result.

Conversely, when UE is low, and stays that way, employers have to compete for a smaller number of better workers.

As one might expect, the WSJ attempts to blame Obama for a wage drop that's actually the result of the Bush recession.

And its not uncommon for the RW to attempt to shift the blame for this simple fact to Obama. And something some one from the left helps them carry that RW water.

So in answer to your question. Yes, we want to continue Obama's economy ... it's brought UE down to a point at which wages can finally begin to increase again.


 

FreakinDJ

(17,644 posts)
10. Would you prefer a 40 yr trend
Sun Oct 25, 2015, 11:36 AM
Oct 2015

Wake up and smell the Working Class suppression my friend

These are just continued policies of Reagan administration the Dems cant seem to gather the backbone to undo. That or they just can't look their wealthy 1% neighbor in the eye at their pool party ...

JoePhilly

(27,787 posts)
18. You blame Obama, while carrying water for WSJ ...
Sun Oct 25, 2015, 11:54 AM
Oct 2015

... and ignored the fact that increases in wages require low UE, period.

Low UE is not about trickle down. It's about ensuring that there is enough cash moving through the economy so that demand for goods and services remain high.

The stimulus helped do that. Ending the tax breaks for those above 400k did that, extending UE insurance did that, the ACA does it too.

Now, if you think running against Obama is a good strategy for Bernie, by all means stuck with it. I'm sure you'll get lots of Obama supporters to switch by claiming Hillary is just as awful as Obama.

Please proceed.

cpompilo

(323 posts)
23. The line is jagged within a year primarily due to seasonal job fluctuation.
Sun Oct 25, 2015, 12:07 PM
Oct 2015

Based on this chart, your claim is unsubstantiated.

JoePhilly

(27,787 posts)
25. As long as UE stays low, the line will continue to move upwards.
Sun Oct 25, 2015, 12:12 PM
Oct 2015

The point I've made is a rather simple fact of economics.

The other thing to recognize ... with low UE, employers have to lure good employees away from other jobs. That process takes more time than the reverse, in which people who have been out of work JUMP at a low paying job just to get in the door.

For a number of years now, folks in the RW have pointed at that same trend line to claim the Obama economy is the problem. And I would explain that we would NOT see wages rise until UE fell to about 5%, and stayed there.

And that's exactly what has happened, and will continue to happen. Well, unless we let the GOP take control. They'll work to screw the economy up yet again.

treestar

(82,383 posts)
82. My first thought too, really they are actually blaming Obama
Mon Oct 26, 2015, 03:23 PM
Oct 2015

for what was clearly an occurrence started in the Bush administration? SMH.

Evergreen Emerald

(13,069 posts)
27. You spelled Hillary wrong...and that is just the beginning of what you got wrong.
Sun Oct 25, 2015, 12:14 PM
Oct 2015

Certainly undeserving of honest discussion.

shenmue

(38,501 posts)
28. Don't anti-Obama people belong on an anti-Democratic board?
Sun Oct 25, 2015, 12:15 PM
Oct 2015

Let's just dispense with the board name and call it Anything You Want Underground.

treestar

(82,383 posts)
83. Kind of ironic that "Wall Street" and its journal are
Mon Oct 26, 2015, 03:25 PM
Oct 2015

suddenly trustworthy! Isn't Wall Street the home of the corporations, the banksters and most importantly, the oligarchs?

 

Joe Turner

(930 posts)
35. It's all talk with Hillary
Sun Oct 25, 2015, 12:27 PM
Oct 2015

Her positions are always changing with the political wind. One has to look at her record to understand where she is coming from. And it ain't pretty.

BainsBane

(53,001 posts)
41. It is not all talk
Sun Oct 25, 2015, 12:40 PM
Oct 2015

She has substantive policy proposals, FAR more substantive than Sanders.
Her voting record also bears little resemblance to how people here portray here. I would wager you haven't looked at that either.

You don't care about actual policy, so be it. Keep to the world of internet meme and soundbite. Frankly, I have come to expect nothing else. The link is provided for those who care about issues and policy rather than simply personality politics.

 

Joe Turner

(930 posts)
45. Policy proposals that will be quicky dismissed
Sun Oct 25, 2015, 01:05 PM
Oct 2015

once elected. If you want to know what her actual, in office, policy proposals will be look at who funds her campaign. We don't need a replay of Obama's broken promises.

 

Joe Turner

(930 posts)
34. Does the sun rise every morning?
Sun Oct 25, 2015, 12:24 PM
Oct 2015

HRC like Obama is owned by Wall Street. There will be no relief here. I really don't know most democrats are expecting out of Hillary. Her record is clear and in line with republican economic policies. It's amazing how many are blindsided by this.

reformist2

(9,841 posts)
38. Attention party loyalists: The point of this thread is that the status quo is NOT OK.
Sun Oct 25, 2015, 12:37 PM
Oct 2015

Never mind that Bush and the Repugs crashed the economy. It's been 8 years, and why haven't incomes recovered???

Could it be that our fearless leaders in the Democratic party are following a pro-free-trade, anti-union, neo-liberal, capitalist agenda not all that different from the evil Repugs?

Sadly, this is exactly what's been happening. Which is why we want new leadership. We don't want more of the same Wall Street cronyism.

 

Tierra_y_Libertad

(50,414 posts)
40. Probably. But, there will be plenty of new job openings in the military.
Sun Oct 25, 2015, 12:40 PM
Oct 2015

Not to mention the job security for the troops with a neo-lib prez.

 

99th_Monkey

(19,326 posts)
44. Given Hill's Bankster backers, ya think?
Sun Oct 25, 2015, 12:58 PM
Oct 2015

Oh, excuse me .. I meant to say all those 'employees' of Bankster pacs.

whereisjustice

(2,941 posts)
46. Here comes the TPP - the biggest corporate welfare program since ACA and NAFTA. We love CEOs!
Sun Oct 25, 2015, 01:22 PM
Oct 2015

Meanwhile, my insurance premiums are going up another at least another 10% this year with reduced benefits. There are indications the company is going to drop insurance benefits for employees in next 2 or 3 years. Of course wage are frozen on the account of the bad economy.

Oh, and vacations. Company is investigating taking them away. Yep. Here's how it works... company is going to say they have unlimited vacation time (unpaid, with manager approval).

Guess what? No one takes them because if you do, you get written up on your performance review!

If you are Clinton-class rich, you have the world at your finger tips.

America - of the rich, by the rich, for the rich.

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