" A Fabulous Failure is a brilliant analysis of how Bill Clinton fell short in delivering to average Americans. Deeply researched, it takes a fresh look at the way Clinton's policies, whether on free trade, financial deregulation, or other matters, often favored corporate America and Wall Street over working Americans, fueling income inequality and harming blue-collar communities." --Steven Greenhouse, author of Beaten Down, Worked Up: The Past, Present, and Future of American Labor "A major and much-needed reconsideration of the Clinton years. A Fabulous Failure provides an original take on why this president moved the American political economy in the post-New Deal direction that he did, and offers essential insights into why the Clinton era was so pivotal to our world today. This book is a must-read for understanding why the Democratic Party is no longer the party of the working class." --Meg Jacobs, Princeton University "Equipped with a profound knowledge of political economy and policymaking, Nelson Lichtenstein and Judith Stein brilliantly explain how the liberal ambitions of the Clinton administration gave way to a dubious agenda of neoliberalism. Their book is the wisest history of the 1990s that has yet been written. Crafted with authority and graceful prose, A Fabulous Failure is a splendid success.

" --Michael Kazin, author of What It Took to Win: A History of the Democratic Party "Lichtenstein and Stein have written the definitive account of the Democratic Party's descent from FDR's New Deal into neoliberal captivity and its political result--Trump and Trumpism. Their prodigious research informs this superb historical narrative of ideological seduction and political corruption. Clinton's fabulous failure was a huge success for the financial elite. The rest of us are still paying the price." --Robert Kuttner, founding coeditor of The American Prospect , author of Going Big: FDR's Legacy, Biden's New Deal, and the Struggle to Save Democracy.