I began doing these commentaries in 2005. In 2006, after the Democrats took control of Congress, I delivered a commentary noting that a battle for the soul of the Democratic Party was brewing. On the one hand there were a set of policies proposed and adopted by the “triangulator” Bill Clinton. (Triangulation referred to his ability to oppose most of his own party and the Republicans at the same time – first playing one then the other against his two adversaries.) These policies included NAFTA, which would not have passed without Republican support. They included so-called welfare reform, which Senator Daniel Moynihan correctly identified as abolition and not reform. During Clinton’s eight years there was no improvement in opportunities for workers to join unions. There was however, ridiculous focus on budget balance and what turned out to be disastrous financial deregulation? Despite record job growth and for a few years very low rates of unemployment, inequality actually increased during the entire 8 year period.