LogFAQs > #943351062

I'd certainly be willing to say that the Third Way/Clinton-era Democratic party turned to neoliberalism in the wake of the party getting blown out by Reagan in the 80s. Because Reagan was among the leading politicians implementing neoliberalism so they figured that must be what the voters want if he's winning 500 electoral votes with it.

Post-Great Recession with Obama and now Biden I think that's a lot less true. The tendencies remain - both by incumbents literally from those days or genuine belief in some cases - and certainly the Obama administration has passed or supported policies that would qualify as neoliberal (the sequester, though it should be noted that was basically forced upon us by an obstructionist Republican Party and was never meant to be what actually happened) or, say, the TPP.

But on the whole policies like the stimulus and trying to put back some of the regulations on the financial sector was literally the opposite of neoliberalism.

When you think of privatization, deregulation, and austerity which party comes to mind first as the ones pushing for it? I rest my case. That is - A G A I N - not to say there are no members of the Democratic party who don't hold neoliberal positions, there absolutely are but let's be real now. The term has been distorted in the past decade or so to include people pushing for policies that move away from the ideals of neoliberalism when compared to the actual status quo simply because they don't go far enough. That's kinda silly.

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xp1337: Don't you wish there was a spell-checker that told you when you a word out?