Hillary Clinton more ‘Sophisticated’ on Economy than Elizabeth Warren

The way Hillary Clinton’s advisers see it, Sen. Elizabeth Warren is just no match for their candidate when it comes to understanding the economy.

That’s one of the things to come out in a lengthy profile of Warren, the Massachusetts Democrat, in the most recent edition of the New Yorker magazine. Here’s how author Ryan Lizza puts the Clinton camp’s sentiments about Warren’s grasp of the U.S. economy:

“Clinton’s advisers are respectful of Warren, but they privately argue that Clinton has a more sophisticated understanding of the economy, and that Warren places too much blame on Wall Street as the root of America’s economic problems.”

A longtime Clinton adviser is quoted as saying: “The challenge of wage stagnation is that it’s happening in large swaths of the economy, many parts of which are relatively untouched by the influence of the banks.” The adviser isn’t named.

Warren herself is quoted widely in the piece. The senator has insisted she isn’t running for president and says she can have more influence as a lawmaker than by running against Clinton in the primaries.

Lizza writes that when he questioned Warren on her decision to skip the presidential campaign, she snapped, “You think I’m not forcing a debate? Call me back in a year, and ask me what type of debate we’re having.”

Clinton, who declared her candidacy on April 12, is the overwhelming favorite for the Democrats’ 2016 presidential nomination.

But Warren, who says she isn’t running, gets second place in the latest average of polls from RealClearPolitics, taken through April 21. She is the only Democrat besides Clinton to draw double-digit support.

Source: Market Watch