Posted on 05/17/2014 10:41:44 AM PDT by Hillary'sMoralVoid
Hillary will love to tell you about the economic miracle that she and her co-president foisted on the American public in the Clinton years.
What she won't tell you is that the economy that the Clintons claim to have turned around the economy ("it's the economy, stupid") was never an issue to begin with. Their own economic team revised the last quarters of the GHW Bush administration to positive growth. They were right in both regards, the economy can tip an election, and the American public was too stupid to realize it was actually good!
Give credit where it is due, however! The real transformation of the economy occurred when Republicans gained control of both the House and Senate, and Newt and company enacted the "Contract with America". The only thing the Clintons can be credited with is being pragmatic enough to not contest the will of Congress and the American people.
But this short-term reprieve was blunted by a massive long-term destruction of our economy.
Few seem to remember the "trade missions" to China, and even fewer may appreciate their massive long-term impact.
Boxers realize that a knock-out punch is the key to a quick victory, but attacking the middle is the best long-term strategy to destroy an opponent.
The trade missions married our business executive class with a new source of cheap labor. If you watch the rise of the Chinese economy, you'll see expansive growth in the years following these missions.
These Clinton policies left an empty shell of what was once the U. S. middle class. We are about to cede our economic leadership in the world to our own bad policies, initiated by the Clinton trade missions.
As Hillary rolls out her campaign strategy, we need to aggressively blunt any argument she might have regarding a positive impact that the Clinton Administration may have had on our economy.
Bill and Hillary were not responsible for the short-term gains, the Republicans were. They are completely responsible and should be held accountable for our long-term distruction.
No, I look at the big picture, and see the cost of lost jobs, money lost in unemployment benefits, and lost tax revenue that could have funded our military and space program but instead funds China's. When you factor all of that and more, that $.25 you save on a Chinese made toothbrush doesn't sound like such a bargain.
but the types of immediate choices you are talking about rarely exist in real stores.
That's not always the case. In the hardware store, I'm always finding American made choices, and I choose to make it profitable to keep those jobs here by buying them. That's one example.
Completely agree.
We need to equalize out our imports, and our exports.
We have wildly overdone imports, and now we need to bring back American jobs.
America needs jobs.
Jobs.
If you had worked a few months in a factory you might have some economic common sense. A service economy is a bulshit economy but even now tons of service jobs are being outsourced or computerized out of existence anyways. And those were the jobs Americans were supposed to get as we sent factories/manufacturing to China
It would be a lot better for this nation to have lots of factory jobs like we once did. If I had to I would work in one. But they are in China so there is no possibility for millions of Americans
What' keeping this miserable economy halfway afloat is Federal Reserve pumping money into it since Obama was elected plus Federal borrowing and spending. Also the energy sector and farming. Plus some of the manufacturing
I appreciate that you think that I’ve never worked in a factory. That, and your implication that I do not understand about what it really means is important. /s
George H.W. Bush negotiated NAFTA pior to Clinton taking office. He was an is a globalist statist. His administration also negotiated the agreement that resulted in the formation in the WTO in 1995. Finally, he failed to enforce integrity of the southern border (i.e. the amnesty bill passed under Reagan). Illegals began streaming across the border under Bush, pushing down wages.
Clinton merely continued the “free trade” and loose immigration policies started under the senior Bush. The junior Bush continued the Bush/Clinton policies. He was responsible for the CAFTA free trade agreement and he tried to get another immigration amnesty bill passed.
Both major parties carry out the agenda of large multinational corporations and Wall Street investment firms to the detriment of the middle class and small business. Big business wants another amnesty bill and wants to unload employer paid health care on the government. Big business wanted to outsource manufacturing to Asia and shed its US workers.
Goodbye middle class.
Sure a factory “making” potato chips or Ho-Hos
How about steel fabrication? Does it count? Can you count?
NAFTA was Reagan’s idea. He also made the decision to jumpstart the Uruguay Round, which led to the creation of the WTO.
It would not have continued had it not been for the initial outreach by the Clintons.
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