"Now, the knock on Obama for months has been that he’s guilty of a maddening policy vagueness. That whereas Clinton has trafficked in specificity and substance, he’s stuck to vaporous theme and inspiration. But Obama’s recent economic shtick has been anything but nebulous. In fact, it has been nearly as laundry-listy as Hillary’s patented spiel. The proposals pile up, the numbers tumble out—$60 billion for infrastructure, $80 billion for middle-class tax cuts, $150 billion for green technologies—and the mind begins to reel.“Something is better than nothing, to be sure, and many of Obama’s plans strike me as perfectly sensible. What’s missing, however, is an overriding theory of the case—a powerful narrative that both frames and makes sense of the changes whipping through the economy like a Bengali typhoon. Obama may not need such a narrative to win the Democratic nomination. But without one, he’ll find himself fighting in the fall without the gnarliest club at his disposal for the bludgeoning of John McCain—and for beating back Republican charges that, just below the surface, he’s a reflexive, old-school liberal."
“What everyone remembers about Bill Clinton’s race in 1992, of course, is that he focused on the economy “like a laser beam,” as he put it. They remember “It’s the economy, stupid.” What they often forget is how cohesive, compelling, and even daring was the story he told about the source of the insecurity so many voters were feeling: the story of an economy in the throes of a profound, irreversible structural transformation, driven by technology and globalization. Clinton made no bones about the pain all this would cause. He didn’t hesitate to inform workers in old-line industries that many of the jobs that had disappeared were never coming back. But Clinton also laid out an ambitious agenda to upgrade the nation’s store of human capital, enabling anyone willing to make the effort to “make change their friend.”
“. . . Though it’s easy (and fun!) to bash Beijing and Gucci Gulch, they pale in importance beside other forces—information technology primary among them—in affecting the prosperity of working- and middle-class voters.“For Obama, the challenge, which Clinton met so effectively in 1992, is to fashion a narrative that acknowledges and even embraces those forces and then describes how they can be channeled.”
"[Traditional Labour supporters] have been let down by Labour and those are the people I want to stand up for.""People on low pay, families who struggle often to make ends meet, who have seen the cost of living rising and have seen their tax bill go up under Labour, those people who thought 'The Labour Party is for me'. I think they feel desperately let down."What I want to say to people like that is we are there for you."