The central aim of Clinton’s speech was to reassure the American financial oligarchy that, despite her occasional lukewarm denunciations of corporate criminality and social inequality, she is a right-wing, pro-business defender of Wall Street.He has a point. Both Hillary and Barack Obama ARE millionaires.
The speech makes clear that a Clinton presidency will pursue the same pro-Wall Street policies of the Obama administration, seeking to expand the fortunes of the super-rich at the expense of the great majority of society, while invoking “fairness” and “equality” as window dressing.
For instance, Clinton admitted, “There are nearly six million young people aged 16 to 24 in America today who are not in school or at work. The numbers for young people of color are particularly staggering. A quarter of young black men and nearly 15 percent of all Latino youth cannot find a job.”Maybe she learned her lesson after the failure of the American Recovery and Reinvestment Act of '09?
Her response to this outrageous reality was not, even in a rhetorical or demagogic sense, the promotion of a government program to put people to work.
Instead, she called for tax cuts for big business. She declared, “I firmly believe that the best anti-poverty program is a job... That’s why I’ve called for reviving the new markets tax credit and empowerment zones to create greater incentives to invest in poor and remote areas.”Like in China.