The great media lie in the 1992 electoral campaign is that Clinton, unlike earlier Democratic presidential candidates, has moved from the “left” to the “middle” of the political spectrum, and also that unlike earlier presidential candidates he is not beholden to left-wing special interests. The fact is that they tried the same nonsense in the Dukakis campaign in 1988, and they were not successful in fooling too many people. Clinton’s “moderation” and “business friendly” views consist of his promotion of “investments.” But these “investments” have mysteriously been redefined to consist of government spending! The current media narrative claims that the US economy is losing productivity, and that what is needed to improve productivity is higher taxes (!) and increased government spending on “infrastructure”—that is to say, more money wasted on government roads and more money for schools which serve mostly as indoctrination camps.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The great media lie in the 1992 electoral campaign is that Clinton, unlike earlier Democratic presidential candidates, has moved from the “left” to the “middle” of the political spectrum, and also that unlike earlier presidential candidates he is not beholden to left-wing special interests. The fact is that they tried the same nonsense in the Dukakis campaign in 1988, and they were not successful in fooling too many people. Clinton’s “moderation” and “business friendly” views consist of his promotion of “investments.” But these “investments” have mysteriously been redefined to consist of government spending! The current media narrative claims that the US economy is losing productivity, and that what is needed to improve productivity is higher taxes (!) and increased government spending on “infrastructure”—that is to say, more money wasted on government roads and more money for schools which serve mostly as indoctrination camps." in the context of "Murray Rothbard, as quoted in How the "Respectable" Media Serves the Political Elite, Mises Institute" to mean that wisdom is timeless.