Just as Donald Trump shouldn’t have his finger on the nuclear button, the real estate mogul shouldn’t have his hands on America’s economy, Hillary Clinton said Tuesday, warning that Trump would drive the U.S. economy into a recession, default on the national debt and give the biggest tax breaks to the highest earners.
“A few weeks ago, I said his foreign policy proposals and reckless statements represent a danger to our national security. But you might think that because he has spent his life as a businessman he would be better prepared to handle the economy,” Clinton said Tuesday in a speech on the economy she delivered in Columbus, Ohio.
“Well, it turns out he’s dangerous there, too,” she said. “Just like he shouldn’t have his finger on the button, he shouldn’t have his hands on our economy.”
Clinton said her views of Trump’s economic policies aren’t just the typical partisan clash.
“Liberals and conservatives say Trump’s ideas would be disastrous,” she said. “The Chamber of Commerce and labor unions. Mitt Romney and Elizabeth Warren. Economists on the right and the left and the center all agree: Trump would throw us back into recession.”
Clinton’s speech comes on the heels of a Moody’s Analytics analysis released Monday that determined that a Trump presidency would “significantly” weaken the economy, driving the U.S. into a “lengthy” recession with nearly 3.5 million job losses and a 7 percent unemployment rate.
Chief economist Mark Zandi, the lead author of the analysis, is a former John McCain adviser who donated to Clinton’s primary campaign last year.
Trump’s rapid response team sought to discredit the report, blasting out emails to reporters calling Zandi a President Barack Obama adviser and Clinton donor. A separate email highlighted the falling income and increased poverty and entitlement spending under the Obama administration, while another boasted that Trump’s economic policies would create millions of new jobs and trillions in new wealth.
source: Politico, By Nolan D. McCaskill, June 21, 2016