You Didn’t Build That, Part II
At a Boston rally for Democrat gubernatorial candidate Martha Coakley, Hillary Clinton echoed Barack Obama’s famous “you didn’t build that” line in reference to businesses and jobs. Only she was perhaps even more explicit. “Don’t let anybody tell you that, uh, you know, it’s corporations and businesses that create jobs,” Clinton said. “You know that old theory, ‘trickle-down economics,’” she sneered. “That has been tried; that has failed. It has failed rather spectacularly.” For good measure, she added, “You know, one of the things my husband says when people say, ‘Well, what did you bring to Washington?’ [is], ‘Well, I brought arithmetic.’” Clinton is clearly trying to move left to head off a challenge from Elizabeth Warren. But it’s also interesting to note that her husband benefitted from what we call “Reaganomics” – supply and demand economics that gets government out of the way and lets people keep more of their hard-earned money. Reagan’s policies set off a two-decade economic boom. Clinton is suggesting we continue Obama’s policies of taxing and spending, and that’s hardly a reason to vote for her.
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