Was Clintonomics Good for Working People?

Posted on March 1, 2016 by Yves Smith

Although I beg to differ with Robert Pollin in this Real News Network segment that financial services industry deregulation started under Clinton, it’s certainly closer to the mark to attribute it to him than to Bush the Second, as the Clinton campaign apparently is claiming. Some important measures took place in the 1970s. For instance, in 1970, the NYSE allowed public companies to be members. Later in that decade, bank regulators changed rules to help banks cope with high and volatile interest rates.


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