Clinton asks what went wrong
Book review: What HappenedIn this new book, Clinton gives her account of the tumultuous campaign and the aftermath of her shock defeat.
Published by Simon and Schuster, £20
Despite being the odds-on favourite in the US presidential election last year and beating Donald Trump in the popular vote by a record margin Hillary Clinton ended up being thwarted in her quest to become America's first female president.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
In this new book, Clinton gives her account of the tumultuous campaign and the aftermath of her shock defeat. She also deals with some major controversies, including her involvement with the Clinton Foundation and her decision to conduct State Department business over an insecure private server.
Clinton is clearly furious about what happened. She reveals that she considered both boycotting Trump's inauguration, and attending the Woman's March against Trump that preceded his swearing-in. She also rails against the media for (in her view) treating her unfairly, and both Russia and the Federal Bureau of Investigation for interfering in the process at crucial moments.
While some of her criticisms are valid, and her frustration is understandable, her complaints about Bernie Sanders for having the nerve to stand against her seem over the top. Still, her flashes of anger makes the book more interesting that the standard political memoir.
In the election's aftermath, many pundits blamed Clinton for blowing what should have been an easy victory by not paying enough attention to the needs of ordinary Americans. While Clinton briefly ponders whether she could have done more to engage with those voters who have been left behind by rising inequality, this is limited to a very specific discussion about a gaffe she made about the coal industry.
Overall, it's hard to shake the impression that she was more concerned with divisive social issues than the bread-and-butter task of raising wages and extending public services.
Still, Clinton comes across as someone with a greater appreciation of what public service entails and a far more genuine desire to improve people's lives than the current occupant of the White House.
Given that, it is ironic that many of the people who are now protesting against Trump are those who handed victory to him by refusing to hold their noses and vote for Clinton a point that she implicitly makes in this informative, if sometimes padded-out, account.
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.
He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.
Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.
As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.
Follow Matthew on Twitter: @DrMatthewPartri
-
Energy bills to rise by 1.2% in January 2025
Energy bills are set to rise 1.2% in the New Year when the latest energy price cap comes into play, Ofgem has confirmed
By Dan McEvoy Published
-
Should you invest in Trainline?
Ticket seller Trainline offers a useful service – and good prospects for investors
By Dr Matthew Partridge Published