Hillary Clinton Blasts "Quarterly Capitalism"

Democratic presidential candidate Hillary Clinton outlined five major areas to reverse the disturbing trend towards “quarterly capitalism” in the U.S. in her speech at New York University last Friday afternoon. Quarterly capitalism is a term coined by Dominic Barton, the managing director of McKinsey, and the term was bandied about commonly during Bill Clinton’s administration in the 1990s. Clinton’s five areas of focus In her speech, Hillary Clinton outlined five areas of focus, including taxing capital gains on a six-year sliding scale by doubling the period of time that capital gains are taxed at the top rate of 39.6%. As…