Clinton warns that Trump would plunge economy into recession
ASSOCIATED PRESS
Donald Trump’s campaign manager Corey Lewandowski, left, listened while Trump spoke in Palm Beach, Fla. on March 15. Presumptive Democratic presidential nominee Hillary Clinton said today that Republican rival Donald Trump would send the U.S. economy back into recession, warning his “reckless” approach would hurt workers still trying to recover from the 2008 economic turbulence.
COLUMBUS, Ohio » Hillary Clinton said that Donald Trump would send the U.S. economy back into recession, warning his “reckless” approach would hurt workers still trying to recover from the 2008 economic turbulence.
Clinton’s address today in Ohio, one of the most important battleground states, sought to define Trump as little more than a con man, whose ignorance and ego would tank the global economy, bankrupt Americans and risk the country’s future.
“Every day we see how reckless and careless Trump is. He’s proud of it,” the Democratic presidential candidate said. “Well, that’s his choice. Except when he’s asking to be our president. Then it’s our choice.”
The speech was similar to one earlier this month in San Diego in which Clinton tried to undercut the Republican candidate’s foreign policy credentials. This time, at an alternative high school in Columbus, she questioned whether Trump has the temperament to guide the economy and repeatedly pointed to his business record as evidence of how he would treat small businesses and working families.
“Just like he shouldn’t have his finger on the button, he shouldn’t have his hands on our economy,” Clinton said. Her speech included stinging one-liners, including a takedown of Trump’s best-selling books.
“He’s written a lot of books about business. But they all seem to end at Chapter 11,” she said, in an allusion to the U.S. bankruptcy code.
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Trump responded on Twitter as Clinton delivered her address, writing in one tweet: “How can Hillary run the economy when she can’t even send emails without putting entire nation at risk?” He appeared to be referring to Clinton blending her personal and official emails on a homebrew server in her house, while she was secretary of state.
The businessman later appeared to embrace one of Clinton’s attack lines, writing: ‘I am “the king of debt.’ That has been great for me as a businessman, but is bad for the country. I made a fortune off of debt, will fix U.S.”
Republican National Committee chairman Reince Priebus said Clinton was “the last person qualified” to talk about improving the economy, pointing to “eight years of disastrous Obama policies.”
Clinton used Trump’s own statements to undercut his economic credentials, citing remarks he made that that U.S. could sell off assets, default on its debt and that wages are too high. She also repeated a comment he made that pregnant employees are an “inconvenience.”
Clinton said financial markets often “rise and fall” on comments by presidential candidates. Suggesting the United States could default on its debt could cause a “global panic,” she added.
She also seized on a report Monday by Moody’s Analytics which found Trump’s plans would lead to a “lengthy recession,” costing nearly 3.5 million American jobs. The analysis by Moody’s Mark Zandi, a Clinton donor and former economic adviser to Republican Sen. John McCain’s 2008 campaign, predicted Trump’s approach would swell the federal debt as the U.S. economy becomes more isolated by less trade and cross-border immigration.
Trump has pointed to trade as a major difference with Clinton, saying last week that her support of past trade deals, such as the North American Free Trade Agreement, has cost the country “millions of jobs.”
He also has assailed her promotion of the Trans-Pacific Partnership trade deal as Obama’s secretary of state as a sell-out of U.S. workers. Clinton announced her opposition to the TPP last October, saying it failed to meet her test of providing good jobs, raising wages and protecting national security.
Brushing it aside, Clinton said there was a difference between “getting tough on trade” and “recklessly starting trade wars.” She noted that many of Trump’s products are made in countries like China, Mexico, Turkey, India and Slovenia.
Bolstered by more than $40 million in television advertising, Clinton and her Democratic allies are trying to use this period before next month’s Democratic National Convention to disqualify Trump among moderate voters on the economy and prevent him from successfully wooing working-class voters in battleground states like Ohio, Wisconsin and Michigan.
Fundraising reports filed Monday showed Clinton with a big advantage, starting the month with $42 million in the bank compared with Trump’s $1.3 million.
Clinton was expected to talk about “ambitious new goals” for the economy Wednesday in Raleigh, North Carolina.
27 responses to “Clinton warns that Trump would plunge economy into recession”
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What is the tried and true mark of an utterly clueless bureaucrat trying to save their failing political career? Spreading shibai fear mongering to make them look better.
So she whines a President Trump will kill the economy, massive recession, on and on. Let’s not forget the 12 years of failing economic growth under the Bush clan, all lost years for so many people.
Never believe a whining bureaucrat. Look close and you can see right through all their shibai.
Don’t forget she’s going to let her husband Bill get the economy back on track…..
Rumor is hiLIARy will have male interns ONLY at Bubba’s disposal.
Good thing he’s an old man now. He never had sex with that woman.
Unfortunately, Bill will have little time for the economy due to his heavy workload of goosing interns.
LOL! I did nawwwwt goose that woman on the oval desk hehe, I goosed her in the chair hehe. Yikes! I can’t believe she kept the dirty underwear for evidence.
Oh goodness… I used to tell ninth graders to read what they wrote out loud with the warning that if it makes no sense to you, it will make no sense to anyone else. The Cranky Old Men prove this on a daily basis with their fulminatory verbal ejaculations.
You hit it localguy, Hellary is putting on a big shibai kabuki act like she is an economic expert. Does she think she will handle the Russkies and an ever agressive China as well? The economy cannot be destroyed or dictated by one man or woman. He is a self made millionaire airing fresh ideas not a career politician making false promises. Caldwell and Hellary are made from the same mold.
I don’t think Hillary can balance her checkbook.
There’s a lot of Sheeples in Hawaii that’ll vote for a party and not the candidate themselves. Or is it they only believe what they want to believe?
When did we get out of a recession? I thought we are still in a recession.
My thought exactly. Unemployment is down because people have given up at getting a job and college kids are just moving home and living with mom and dad.
Boolakanaka is banking on the VPOTUS nod.
At least we’ll know who boolakanaka is when Hillary makes the announcement.
OK, so maybe we might have a recession. Just a little one, nothing to worry about, a little one every once in a while doesn’t hurt. It clears the losers out of our way. And let me tell you this, it’ll be the most fabulous, high-class recession you could ever imagine. I’m being honest, you can trust me on this. It’ll be amazing, you won’t believe it!
But with the Donald, it might be a huge recession. This is a person with zero political experience.
Doesn’t matter who the POTUS is. Congress can’t get together on a simple thing like gun control.
Fact is the economy does better when democrats are in control. The great depression and the grand recession occurred under republican presidents. Coincidence? I don’t think so. Republicans tend to push welfare for the rich which tends to crash the economy. So Hillary is probably correct when she says that the Donald would send the economy back into recession as that is what republicans do best.
The democrats push welfare for everyone else, which is 95% of the population. At least those 5% pay taxes and many of the 95% drain the tax pool.
Not to mention the 19.5 trillion debt accumulated under Clinton/Obama. Trump had nothing to do with that.
For the sake of public health, “data” like yours should be swabbed liberally with alcohol before posting.
Good thing HilLIARy is such bad a candidate or the corrupt Democrats would be well ahead by now, but HilLIARy is a typical politician, and no one trusts a word she says. Add a total lack of charisma, and HilLIARy will lose support from the Democrat base come November if she isn’t indicted by then.
What reasonable voters are hoping is that Johnson hits the 15% poll mark, and begins receiving some serious media attention. Once the masses recognize the startling contrast between him and what’s available, we may actually see this nation take a positive turn.
Loretta Lynch doesn’t know where the Orlando terrorist’s wife is it was announced today. Another cover up?
The POTUS doesn’t know what the AG is doing. The AG doesn’t know what the FBI is doing. They don’t discuss anything. But somehow they know how to redact transcripts and scrub evidence. Somebody is making the call. Who?
.08 percent growth is in a recession………………….7 years of obummer/clinton policy.
So…….live below your means…..the next recession will hurt.