Global Bite

To Pres. Obama and Secretary Clinton: “In The Name of God, Go”

The two deserve enormous blame, over the years, for the recent election outcome.

Oliver Cromwell

Takeaways


  • Democrats' corporate economic policies have driven our country into stagnation and despair.
  • President Obama's policy decisions deserve enormous blame for the 2016 election outcome.
  • Charm and intelligence are no substitute for the economic change we needed and were promised.

Dear Secretary Clinton and President Obama –

On April 20, 1653, Oliver Cromwell spoke these words to the Long Parliament:

You have sat here too long for any good you have been doing … Depart, I say, and let us have done with you. In the name of god, go.”

Secretary Clinton, you are rightly being blamed for the electoral tragedy that has befallen our country. The country wanted change and you offered continuity. You prided yourself on the corporate economic policies of your husband, President Bill Clinton, which have driven our country into stagnation and despair.

Your rejection in Wisconsin, Ohio, Michigan, and Pennsylvania speaks to a greater rejection of the economic policies you, your husband, and your Third Way associates imposed on the party of Franklin Roosevelt.

President Obama, you too deserve enormous blame. You wasted the historic opportunity at the beginning of your presidency to break with corporate economics. Instead, you pushed Obamacare with its expensive sub-standard insurance that is punitively imposed on the self-employed.

Donald Trump benefitted enormously from the premium increase notices that were received up and down the country in the week before the election. And at the end, you pushed the Trans-Pacific Partnership, another corporate globalization agreement, which ceded the economic argument to Mr. Trump.

Your charm and intelligence are no substitute for the economic change we need, you promised, and then reneged on.

Cromwell’s words apply to both of you. Heed them and be gone.

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About Thomas I. Palley

Thomas I. Palley is an independent economist in Washington D.C.

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