What Does That Conflict Between Growth and Deficit Reduction Entail?

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Newt Gingrich: The conflict between increased government investment on the one hand and deficit reduction on the other is revealing. What does that reveal about new democrat politics? And more particularly, what does it reveal that when the theoretical rubber hit the road of governmance, that this more interventionous line of new democratic policy advocated by rich got sidelined by street interests? He says clinton was dubious of arranging his economic agenda around the desires of bond traders but yet he did.

Dan's second episode with historian Lily Geismer, who he interviewed in 2019 about Don't Blame Us: Suburban Liberals and the Transformation of the Democratic Party. This interview is on Left Behind: The Democrats' Failed Attempt to Solve Inequality, which details the long history of Clintonism and the Democrats’ neoliberal turn. Read the latest newsletter. It's on what Ruthie meant when she said abolition was another word for communism: thedigradio.com/newsletter31 Listen to Geismer's first Dig interview: thedigradio.com/podcast/race-and-class-in-the-liberal-suburbs-with-lily-geismer Support The Dig at Patreon.com/TheDig