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I think MiM's point was that it set precedents which the Bush crazies could easily exploit to push their extremist neo-lib agenda.

Without an agreement that off-shoring is acceptable and we're all going to one big happy service economy from now on - q.v. the dot-com economy as the prototype both for Enron and for the housing bubble - Bush would have had to start by dismantling a centrist narrative, and not just by (e.g.) taking offshoring for granted.

The fact that the middle classes did well under Clinton shouldn't excuse the fact that he was still a centre-rightist, whose main interest was always 'the economy' (i.e. Wall St) and not so much other participants.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu Nov 22nd, 2007 at 12:54:09 PM EST
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