A successful model for this program exists in Sweden. Low interest rates, stronger growth, public capital investment, a jobs program and parental insurance would help reverse the trend toward rising income inequality over the past twenty-five years. A stiff rise in the minimum wage would help too. Clinton is wedded for the moment to a different dogma, one that stresses education and training and business competitiveness and that barely focusses on growth or jobs or wages. The important thing is that if 1997 brings a Democratic House and a reduced Republican majority in the Senate, then the political currents will move leftward.
Circumstances are everything.
And Clinton can't hope to be remembered like FDR if he makes nothing of them. .