The
Glass-Steagall Act was repealed in 1999 by President Bill Clinton, allowing the
merger between investment banks and commercial banks responsible for the trend
of finance taking up a greater and greater share of the economy.
Extreme
poverty was rising by the end of Clinton's term.
The
Clinton economy, in charts
https://www.washingtonpost.com/news/wonk/wp/2012/09/05/the-clinton-economy-in-charts/
The
FIRE sector (rentier class) gained more control of the economy by inflating
fictitious wealth through the housing bubble.
The
result of the neoliberal Clinton miracle is still destroying the lives of
millions.
In
most cases, wives play the role of first ladies, but Hilary Clinton did not
want to be behind her husband concerning the responsibility of destroying the
lives of millions by taking an active role in the neocon hegemony project.
