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Continue reading “Pro-Growth and Pro-Wall Street is an Oxymoron | Beat the Press”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,34],"tags":[1389,2740],"class_list":["post-5407","post","type-post","status-publish","format-standard","hentry","category-economy","category-us-canada-countries-regions","tag-financial-sector","tag-president-clinton"],"yoast_head":"\nPro-Growth and Pro-Wall Street is an Oxymoron | Beat the Press - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pro-Growth and Pro-Wall Street is an Oxymoron | Beat the Press - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Dean Baker responds to a NYT opinion that “Mr. Clinton is the president who made the sustained case to Democrats that they had to be pro-growth and pro-Wall Street, not just to get elected, but also to build a more modern economy.” President Clinton’s policies set the country on a course of bubble driven growth. … Continue reading "Pro-Growth and Pro-Wall Street is an Oxymoron | Beat the Press"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/06\/pro-growth-and-pro-wall-street-is-an-oxymoron-beat-the-press\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-09-06T23:37:40+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/06\/pro-growth-and-pro-wall-street-is-an-oxymoron-beat-the-press\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/06\/pro-growth-and-pro-wall-street-is-an-oxymoron-beat-the-press\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Pro-Growth and Pro-Wall Street is an Oxymoron | Beat the Press\",\"datePublished\":\"2012-09-06T23:37:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/06\/pro-growth-and-pro-wall-street-is-an-oxymoron-beat-the-press\/\"},\"wordCount\":165,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"financial sector\",\"President Clinton\"],\"articleSection\":[\"Economy\",\"US & Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/06\/pro-growth-and-pro-wall-street-is-an-oxymoron-beat-the-press\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/06\/pro-growth-and-pro-wall-street-is-an-oxymoron-beat-the-press\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/06\/pro-growth-and-pro-wall-street-is-an-oxymoron-beat-the-press\/\",\"name\":\"Pro-Growth and Pro-Wall Street is an Oxymoron | Beat the Press - 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Barack Obama managed to hike it 3.5 points in just one term, with 3.2\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10167,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/27\/middle-class-is-drowning-in-debt-hobbling-the-economy-rex-nutting\/","url_meta":{"origin":5407,"position":2},"title":"Middle class is drowning in debt, hobbling the economy | Rex Nutting","author":"ColinTwiggs","date":"June 27, 2014","format":false,"excerpt":"From Rex Nutting at MarketWatch: For decades, economic growth in America was driven by a powerful and sustainable force: increased consumption paid for by the rising incomes for middle-class and working-class Americans. But somewhere around 1980, that model broke down. Wages flattened out, but consumption didn\u2019t. Americans cut back on\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13723,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/27\/middle-class-is-drowning-in-debt-hobbling-the-economy-rex-nutting-2\/","url_meta":{"origin":5407,"position":3},"title":"Middle class is drowning in debt, hobbling the economy | Rex Nutting","author":"ColinTwiggs","date":"June 27, 2014","format":false,"excerpt":"From Rex Nutting at MarketWatch: For decades, economic growth in America was driven by a powerful and sustainable force: increased consumption paid for by the rising incomes for middle-class and working-class Americans. But somewhere around 1980, that model broke down. Wages flattened out, but consumption didn\u2019t. Americans cut back on\u2026","rel":"","context":"In "Market Insights"","block_context":{"text":"Market Insights","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/market-insights\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6408,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/09\/china-is-now-heading-toward-japan-style-economic-paralysis-if-it-doesnt-change-course-quartz\/","url_meta":{"origin":5407,"position":4},"title":"China is now heading toward Japan-style economic paralysis if it doesnt change course | Quartz","author":"Colin Twiggs","date":"December 9, 2012","format":false,"excerpt":"Jack Rodman, president of Global Distressed Solutions LLC, spent 1999 to 2011 living in Japan and China, packaging and disposing of nonperforming loans and distressed assets. He writes on the problems facing China: At the end of 1989, Japan\u2019s bubble economy burst and its economic miracle came to an abrupt\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4732,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/01\/chinas-failed-gamble-for-growth\/","url_meta":{"origin":5407,"position":5},"title":"China\u2019s failed gamble for growth","author":"Colin Twiggs","date":"July 1, 2012","format":false,"excerpt":"Zarathustra: The idea of this gamble is simple. With the financial crisis in 2008 hitting the developed world, it naturally affected external demand. The Chinese knew these. At the end of 2007, trade surplus accounted for more than 7.5% of GDP. 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