(Clinton.news) In case you didn’t know, presumptive Democratic presidential nominee Hillary Clinton gave a “major” economic speech this week, and practically from the first word she uttered any serious political observer could tell she wasn’t serious.
Naturally the speech was aimed at her likely GOP rival, Donald J. Trump and how “bad” he would be if he were in charge of “the economy.” But when it came to discussing actual economic bona fides of the past nearly eight years, it became apparent that Clinton was at best being disingenuous and at worst lying her backside off, all the while hoping that you, the American voter, are too stupid to figure out her chicanery.
First of all, let’s just say this: Hillary Clinton hasn’t had anything at all to do with “the economy” – ever. So any hint that she is some sort of economic guru or expert is laughable on the surface.
But here’s what she said (among other things) about “the economy” during her speech, according to New York Times:
The economy “isn’t yet where we want it to be, but we are stronger and better positioned than anyone in the world.”
Wait – “isn’t where we want it to be“? Well, why not? Is she saying that the great President Obama has failed in building the kind of economy he and fellow Democrats have been promising for nearly eight years? And if it’s not where it ought to be, whose fault is that? Obama said “the economy” was Bush’s fault when he was running for president in 2008; so guess who gets the blame now?
Also, what exactly does “stronger and better positioned than anyone in the world” mean – and how does that help the laborer in Ohio or the union carpenter in Pennsylvania, who have been out of work for months, actually find a good-paying job? Maybe Clinton’s donors on Wall Street are doing okay, but that doesn’t mean Mainstreet America is “better positioned” to get ahead.
She claimed Trump would put the economy back in recession.
When did the economy actually emerge from recession? Oh, right – because Obama told us that we were out of the recession in 2010. But for the first president in modern history to never have a 3 percent growth rate for the year to say “our economy is doing fine” is a bit of an empty statement.
Some other Obama-era economic facts:
- Obama’s economy created a paltry 38,000 jobs in May after monthly job creation figures have been trending downward since 2014;
- Family incomes are down $1,600 a month on Obama’s watch;
- Wages are flat and show no signs of recovery;
- A record number of Americans are completely out of the labor force;
- Obama has nearly doubled the national debt, from $10 trillion to $20 trillion – the debt has grown the fastest on his watch.
In trying to defend women by stating how many of them were in the workforce she laid bare a great Trump attack avenue: Yes, more women are now in the workforce than ever, but that’s because more households need two incomes in order to make ends meet, thanks to decades of Left-wing economic policy that Obama only exacerbated and Clinton will continue to do same.
Throw in platitudes, lots of meaningless applause lines with no details and what do you get? Yeah, you get a great anti-Trump speech – but one that is short on substance, as well as honesty.
Clinton’s “economic speech” was less about economics and more smoke and mirrors. She is throwing mud at Trump hoping you are too stupid to understand that the economic pain you are suffering is the fault of her party and its no-growth, high tax, over-regulatory policies – all policies that she, as president, will continue.