Friedman's proposal for Clinton is an elitist's opium dream. He suggests she reach out to "center-right, business Republicans" with "a real, pro-growth, start-up, deregulation, entrepreneurship agenda." This would presumably mirror the failed economic policy of the last three decades, with tax cuts for wealthy corporations and handouts for technology companies like those that have helped fuel today's wealth inequality.
We need more regulation of Wall Street, not less. Bank deregulation would mean more consumer fraud, and would almost certainly trigger another disastrous financial crisis. The deregulation of other industries would lead to more environmental disasters, more occupational deaths and injuries, and more consumer fraud.
Hillary Clinton saved her primary campaign by rejecting the right-leaning "centrism" of recent Democratic administrations, including her husband's. Republican leaders clung to "centrist" ideas and lost their party to Trump. That should tell her everything she needs to know.
Friedman's pitch is the siren song of a failed ideology. Bloomberg's billions are its bewitching smile. But Hillary Clinton must not succumb to temptation. Voters have rejected the ideology of the elites for a reason: it has failed them. If she embraces it again she will be on the road to a failed candidacy -- or a failed presidency.
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