Tuesday, April 21, 2015

Clinton calls for ‘toppling’ 1 percenters as critics question her populist bona fides

Democratic presidential candidate Hillary Clinton is striking a populist note during her bid for her party’s nomination, saying the economy needs a “toppling” of one percenters. But critics say her populism is strategic, not genuine.

In a meeting with economists this year, Clinton looked at a chart that showed income inequality in the US, the New York Times reported. It graphed how real wages, adjusted for inflation, had increased exponentially for the wealthiest Americans, making the bar so steep it hardly fit on the chart.

Clinton pointed at the top category and said the economy required a “toppling” of the wealthiest one percent, several people who were briefed on her policy discussions ‒ but could not discuss private conversations for attribution ‒ told the NY Times.

It’s not the first time Clinton has taken a populist stance during her nascent (official) campaign .... http://rt.com/usa