Like it or not, Hillary Clinton is the single individual most likely to be elected the next president. So it’s worthwhile to look closely at and behind her words when she deigns to speak on public policy, as she did in her July 14 speech on economics.

It contained quite a bit of chaff as well as some wheat. There were laments about the nation’s current economic woes, without mention that they come in the seventh year of a Democratic administration; a few policies first advocated by Republicans (Jack Kemp’s enterprise zones); and proposals that she admits are “time-tested and more than a little battle-scarred.”