Hillary Clinton has proven she is not good with economic matters
A new report in the Washington Post has
slammed Hillary Clinton for her poor handling of the New
York economy when she was senator of the U.S. state. Clinton
promised to create 200,000 jobs in New York and miserably
failed to do so. Clinton is not good with economic matters.
The “Clinton
Cash” documentary revealed, the money Clinton and
her husband, former U.S. president, Bill Clinton, are
sitting on comes from bribes in exchange for government
favors.
Clinton is not financially savvy at all.
There are lawyers who legitimately became millionaires and
billionaires through companies they created. Clinton was not
one of them. You can only collect bribe money in exchange
for political favors for so long (Clinton
Cash). That does not grow an economy. It hampers it.
America needs a brilliant businessperson to change its
dwindling financial fortunes. America has hit a number of
economic lows under current President Barack Obama and needs
an aggressive, dedicated financial plan.
STORY SOURCE
As senator, Clinton promised 200,000 jobs in Upstate New York. Her efforts fell flat
As senator, Clinton promised 200,000 jobs in Upstate New York. Her efforts fell flat
August 7 at 7:43 PM - In her presidential
bid, Hillary Clinton has made job creation a centerpiece of
her platform, casting herself as a pragmatist who would
inspire “the biggest investment in new, good-paying jobs
since World War II.’’ Her argument that she would put more
Americans to work has focused on her time in the Senate,
when she took on the mission of creating jobs in chronically
depressed Upstate New York. As her husband, former president
Bill Clinton, put it recently, she became the region’s “de
facto economic development officer.”
But nearly eight years after Clinton’s
Senate exit, there is little evidence that her economic
development programs had a substantial impact on upstate
employment. Despite Clinton’s efforts, upstate job growth
stagnated overall during her tenure, with manufacturing jobs
plunging nearly 25 percent, according to jobs data.
The former first lady was unable to pass the
big-ticket legislation she introduced to benefit the upstate
economy. She turned to smaller-scale projects, but some of
those fell flat after initial glowing headlines, a
Washington Post review shows. Many promised jobs never
materialized and others migrated to other states as she
turned to her first presidential run, said former officials
who worked with her in New York...
Clinton’s pledge to help Upstate New York
amid an early 2000s recession was risky, experts say. “To
her credit, she really did focus on economic development
upstate as a focus and as a purpose,’’ said David Shaffer,
former president of the Albany-based Public Policy
Institute, which compiles New York jobs data.
But Shaffer and other experts faulted
Clinton for setting an unrealistic goal by promising to
create 200,000 new jobs in a region struggling to retain
existing positions. “As soon as I heard that, I thought,
‘Okay, some D.C. consultant sat around with focus groups to
figure out what would sound good. You wouldn’t make a
promise like that if you had seriously looked into it,’’
Shaffer said.
Clinton also has touted success with
cosmetic projects that created few jobs, The Post found.
Nicholas A. Langworthy, the Republican Party chairman in
Erie County, N.Y., said he’s taken aback by Clinton’s
repeated references to what he described as “small bore”
efforts, such as securing federal money for a Buffalo
project called Artspace that created residential living
space for artists. Clinton cites Artspace in her list of
Senate accomplishments.
“To have someone running for president of
the United States bragging about an Artspace apartment
building in Buffalo is laughable,’’ Langworthy said. “That’s
a project a city council member or a small-city mayor would
champion, not a U.S. senator.’’
