Clinton slams Trump's business background in economy speech

Last edited Wed Jun 22, 2016, 02:16 AM - Edit history (1)

There is a video with some speech clips at the site.

BTW--she is looking and sounding great--a few days with her new grandson and family did her good.



By Hannah Fraser-Chanpong CBS News June 21, 2016, 2:40 PM


Clinton slams Trump's business background in economy speech

http://www.cbsnews.com/news/clinton-slams-trumps-business-background-in-economy-speech/

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COLUMBUS -- Hillary Clinton said Tuesday that Donald Trump's economic policies would force a "Trump recession" and, instead of a plan to create more jobs, Trump has offered the American people only a "string of empty promises."

"But then," Clinton thought out loud, "maybe we shouldn't expect better from someone whose most famous words are 'you're fired.'"

Clinton, speaking to a crowd seated in an automotive bay at a school in Columbus, delivered a brutal assessment of Trump's approach to the American economy. Her remarks were delivered in a similar style to her speech on national security in San Diego a few weeks ago, in which she cast Trump as "temperamentally unfit" to sit in the Oval Office.

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Hillary Clinton: Trump is dangerous to our economy

"Just like he shouldn't have his finger on the button," she said, "he shouldn't have his hands on our economy."

Clinton leaned on a report co-authored by Moody's economist Mark Zandi, released this week, which found that a Trump presidency could lead to a long recession. A person close to the Trump campaign told the Wall Street Journal that the analysis "rested on flawed assumptions about policies that haven't been fully fleshed out by the campaign."

"We would lose 3 and a half million jobs, incomes would stagnate, debt would explode and stock prices would plummet," she said. And Clinton questioned whether, in an economic crisis, Trump would be able to right the ship.

"Imagine Donald Trump sitting in the Oval Office the next time America faces a crisis," she said. "Imagine him being in charge when your jobs and savings are at stake. Is this who you want leading us in an emergency? Someone thin-skinned and quick to anger, who'd likely be on Twitter attacking reporters or bringing the whole regulatory system down on his critics, when he should be focused on fixing what's wrong?"

Clinton also slammed Trump for his plan to roll back Wall Street reforms put in place under President Barack Obama.



She praised Sen. Elizabeth Warren, who is rumored to be on Clinton's list of potential running mates, for helping create the Consumer Financial Protection Bureau and promised to defend it.

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