Hillary Clinton has a real climate change plan and a fake climate change plan. She released the fake plan earlier this week to predictably rapturous media applause for its “far-reaching” and “comprehensive” agenda. It features “ambitious” goals to increase renewable energy use in the United States and outlines other platform planks still to come on […]
The FT’s Ed Luce takes a look at the “quarterly capitalism” or “short-termism” issue, concluding that it has merit as well as political legs. He points out that “US investment is at its lowest since 1947″ but that last year “S&P 500 companies spent more than $500bn on share buybacks.” He doesn’t, however, think further raising […]
In her recent speech at NYU Stern School of Business, Hillary Clinton put forward a suite of proposals for responding to what she termed “quarterly capitalism,” which leads corporate executives to favor short-term income at the expense of sustainable long-term growth. The single most important feature of her speech is what she did not mention—removing […]
Progressives are experiencing a renaissance. First, Senator Elizabeth Warren (D-MA) was chosen as their new hero, and now Senator and Democratic presidential candidate Bernie Sanders (I-VT), who wears his Democratic socialist label with pride, has energized voters who are dissatisfied with former Secretary of State Hillary Clinton. As his popularity in polls rises, it is […]
Progressives cheered Hillary Clinton last week when she said policy makers need to “go beyond Dodd-Frank.” She didn’t rule out repeal of some sections, but most took it to mean preserve virtually all of the law—which turns five on July 21—plus expand government intervention further into banking. But that praise was short-lived when Clinton’s economic […]