I have a serious problem with Hillary as President.
Why?
Well I am afraid she has absolutely no clue of how our economy functions and I blame her too for backing the disastrous monetary policy which has wound up being the greatest redistribution of wealth in human history. On all counts, Clinton’s generation of politicians – Democrat and “Republican” alike – have taken the greatest country in the history of human civilization and, in the space of less than a quarter century, set it down the path toward an inevitable, inexorable collapse.
Hillary apparently believes Obama’s delusions, too. In fact, Obama lives in his own little world of denial, saying the economy is better than ever, and apparently Clinton thinks so, too.
In previous decades, the average recovery period took about two years. Seven years into Obama’s presidency, we’re still struggling in a so-so recovery.
So if anyone thinks Hillary Clinton knows how to lift the underperforming U.S. economy out of its lethargy, they’d better think again. Her knowledge of economics is close to zero.
Moreover, Clinton is a huge fan of ultra-leftist, anti-free market Sen. Elizabeth Warren of Massachusetts, whose idea of economic policy is going after big business and the banks with more government regulation, higher tax rates, bigger stimulus spending bills, and raising the minimum wage on small businesses.
Will Hillary also champion higher taxes on business at a time when the economy remains anemic? She hinted that just recently where she said, “To make America great, we need to do our part and pay our fair share.” And you know what that means.
If there’s one thing this economy doesn’t need, it’s higher job-killing taxes on business. What we need is rather a harsh critique of “Keynesian economics”.
One job-creating idea you won’t hear Hillary defend is how her husband signed a bill the GOP sent him in his second term to cut the capital gains tax on investors. New investment in businesses soared, the economy grew, and the jobless rate plunged to less than 4 percent.
But you won’t hear a discouraging word from her about Obamanomics, either, which suggests she still thinks it’s working just fine.
According to Hillary’s view of history, capitalism is a theory that has “never worked.” She argues that its appeal can’t be justified by results, but its popularity is based on Americans’ preference for an economic ideology that “fits well on a bumper sticker.” She feels that capitalism speaks to the flaws in the American DNA, those deeply rooted creation myths that elevate the achievements of individuals and cast unwarranted skepticism on the benefits of government. She argues that this pre-disposition has been exploited by the rich to popularize policies that benefit themselves at the expense of the poor and middle class.
Just check out a sample of some of her most outrageous remarks over the last two decades and be the judge.
Here it goes:
1. We’re going to take things away from you on behalf of the common good.
2. I certainly think the free-market has failed. It has failed rather spectacularly.
3. Don’t let anybody tell you it’s corporations and businesses create jobs; best job creator is government.
4. We can’t afford to have money go to the private sector. The money has to go to the federal government because the federal government will spend that money better than the private sector will ever spend it.
To add insult to injury:
1. She thinks deficits don’t matter.
2. She thinks the baby boom is entitled to the social insurance they didn’t earn.
3. She believes the Fed’s serial bubble machine is leading the nation back to prosperity. Actually, it’s leading to the greatest financial bubble in human history.
4. She sees no problem with the math of perpetually borrowing. Perhaps she would one day get to the point of being unable to sell debt and just confiscate all wealth since government knows better? Who knows?
If you think she cares, you are just delusional. Like the rest of her generation, she’ll be six feet under when bill comes due. But hey … let’s dole out more favors to the one percent. And let’s conduct all this “official business” on an email address that doesn’t exist anymore. It’s not like anybody is ever going to be held accountable for any of this … right?
Is this the person you want to lead America in 2016 when our economy has yet to recover?
Is this the person you want to vote for just because you think it’s time for a female president?
Stop for a second and think.
I say she doesn’t deserve another stint at the podium—-Sounds to me like a Marxist at best.
What do you say? … Share your thoughts.
By : Ziad K Abdelnour
Ziad is also the author of the best selling book Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics (Wiley, 2011),
Mr. Ziad Abdelnour continues to be featured in hundreds of media channels and publications every year and is widely seen as one of the top business leaders by millions around the world.
He was also featured as one of the 500 Most Influential CEOs in the World.
