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riversedge

(70,186 posts)
Sat Mar 5, 2016, 12:35 AM Mar 2016

Clinton urges candidates to present 'credible' economic plan in Detroit MI

I would post this in LBN -because it is as it talks about what is happening on the trail but I posted another article to day in lbn and it just got pooped on by Sanders fans. Shameful that we can not even post a news article out there without it getting swarmed by them. No discussion--just crapped on.


http://news.yahoo.com/trade-manufacturing-forefront-clinton-sanders-race-083715748--election.html;_ylt=A0LEVv0rH9pWtV0ACGgnnIlQ;_ylu=X3oDMTEyYjQ1czhrBGNvbG8DYmYxBHBvcwMxBHZ0aWQDQjE3NDdfMQRzZWMDc2M-#


Clinton urges candidates to present 'credible' economic plan



Associated Press By KEN THOMAS
52 minutes ago


DETROIT (AP) — Hillary Clinton said Friday the nation needs a "new bargain" for the economy and called upon all the presidential candidates to offer a "credible strategy" for raising wages as her primary race against rival Bernie Sanders shifts to a series of Rust Belt contests.


Clinton's address at Detroit Manufacturing Systems, a manufacturer of instrument panels for cars, offered her the opportunity to contrast herself with both Sanders and business mogul Donald Trump, the leading Republican candidate.

"Anyone running for president owes it to you to come up with real ideas, not an ideology, not an old set of talking points but a credible strategy designed for the world we live in now," Clinton said in remarks pointed at both rivals.

Sanders, who is trying to stage an upset in next week's Michigan primary, has accused Clinton of supporting trade deals that have had "disastrous" consequences for workers. And he has sought to diminish Clinton's standing by implying she waffled when she ........

Republicans shot back,...........

In the address, Clinton called for a so-called "clawback" of tax benefits for companies that ship jobs overseas, rescinding tax relief and other incentives intended to encourage domestic investment. Revenue raised by this "clawback" would then be used to support investment in the United States.
.......................

Trailing Clinton in the chase for delegates, Sanders has ratcheted up his criticism of her past support for trade deals, ......................

...........................

Responding to Clinton's speech Friday, Sanders said in a statement that "..................

Clinton said on trade the next president would need "judgment and experience" and she would not support any deal unless it creates good jobs, raises wages and protects the nation's security.

She also sought to undercut Sanders' credentials on the economy, ...........

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Clinton urges candidates to present 'credible' economic plan in Detroit MI (Original Post) riversedge Mar 2016 OP
Hillary has a great jobs plan, unlike the other candidates. SunSeeker Mar 2016 #1
Thanks. The article did provide lots more information... riversedge Mar 2016 #2
K&R SharonClark Mar 2016 #3
"Trickle down" always sounds obscene to me. NurseJackie Mar 2016 #4
K&R UtahLib Mar 2016 #5

riversedge

(70,186 posts)
2. Thanks. The article did provide lots more information...
Sat Mar 5, 2016, 06:19 AM
Mar 2016




..............Hillary Clinton’s jobs speech Friday sought to kill two birds with one stone: She unveiled a "new bargain" to create good-paying jobs, and aimed the proposal directly at the white, working class voters who have been flocking to her current -- and possibly future -- rival.

Clinton’s pitch to disenfranchised voters drawn to the messages of both Bernie Sanders and Donald Trump, had one of the most prominent examples of American manufacturing decline as its backdrop: Detroit. Standing in a warehouse at Detroit Manufacturing Systems -- which she noted was the largest woman-owned business in the state -- Clinton highlighted the importance of treating workers “like assets to be invested in, not costs to be cut.”

“These days our biggest companies turn eight or nine out of every 10 dollars they make back to shareholders as dividends or stock buybacks,” she said. “They’re also sitting on huge cash reserves, often stashed in foreign tax havens. That’s money they’re not using to train their workers or give them a raise.”

Clinton reiterated her support for a tax credit for companies that share profits with their workers. “Workers are being left behind,” she said, noting that under her husband, President Bill Clinton, the typical family’s income rose by $10,000. “More money in the hands of working people helps everyone, including businesses,” Clinton said. “That’s why…we should provide incentives for companies that invest in high quality training for employees.”................................

Read more: http://www.politico.com/story/2016/03/hillary-clinton-speech-message-bernie-sanders-donald-trump-220287#ixzz421Rj5sfQ
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