It suddenly became clear that Hillary Clinton and her advisors intend to run a negative presidential campaign — not negative about other candidates, but about the U.S. economy.

On May 29, Sen. Clinton launched her "Modern Progressive Vision: Shared Prosperity," which strains to justify "returning high-income tax rates to the 1990s levels." It was full of gloomy rhetoric blaming "globalization" (bargains at Wal-Mart?) for some bizarre allegations abou ...

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