Jesse Jackson never wasted his talent on the giants. Now you know a speech like this reaches me. I'm from East Texas. My daddy was a New Deal Democrat, and I love the vibrations and the rhythms and the cadences and the power he puts behind lost causes. A liberal is willing to use the government's power to regulate, to tax and to spend, in order to advance the well-being of people who are not independently wealthy, and who are vulnerable to reverses in the private marketplace that are beyond their control.
Liberals are also less wary of public deficits than conservatives.
Based on this standard, Clinton is rather more liberal than either Jimmy Carter, Walter Mondale, or Michael Dukakis. The legacy of Reaganomics is years of weakness. We pin our faith traditionally on laissez faire and individual initiative, as we did in 1929. Hurrah, therefore, for Bill Clinton's notion of a national trust fund from which any American can borrow money for a college education, so long as he or she pays it back from a small percentage of income over time or with a couple of years of national service. This is standard government therapy to end the recession.