A few days after Hillary Clinton said that corporations and businesses don’t create jobs, she’s trying to distance herself from her very own “you didn’t build that” moment.
On Friday, she said at a rally in Massachusetts, “Don’t let anybody tell you that it’s corporations and businesses that create jobs.”
Because obviously the government fairy godmother does that.
By Monday, after having a weekend to realize what a boneheaded thing she had said, Clinton tried to walk it back, saying she had “shorthanded this point the other day.” What she had meant to say was that “trickle down economics” is bad, bad, bad:
“Let me be absolutely clear about what I’ve been saying for a couple of decades: Our economy grows when businesses and entrepreneurs create good-paying jobs here in an America where workers and families are empowered to build from the bottom up and the middle out — not when we hand out tax breaks for corporations that outsource jobs or stash their profits overseas.”
The problem of course is that what she’s describing sounds like the very “trickle down economics” the Democrats criticize. The basic idea of getting government out of businesses, lowering taxes and decreasing regulations so small businesses can thrive is the sort of sound economic theory that would work, if our government would ever try it.
Clinton says “trickle down” has “failed rather spectacularly,” but that’s not been the prevailing economic theory for years now. Instead, we’ve been slapped with more and more regulations, including the monster Obamacare package. From the local to the federal level, Democrats constantly push ways to increase the costs of business and milk people of as much money in fees and taxes as possible, while vastly increasing the size and expense of government.
From bailing out automakers to raising the minimum wage, Democrats’ tired old Keynesian economics have ruled the country for too long.
It’s telling that in the same speech where Clinton had her little Freudian moment, she also touted a higher minimum wage as a panacea for poverty.
“Don’t let anybody tell you that raising the minimum wage will kill jobs. They always say that,” she said.
The reason “they” always say that is because that’s what always happens when you raise the cost of having an employee.
Democrats — and some Republicans — believe in magic, that just because they have the keys to the printing press, they can print as much money as they need with no consequences. Consequently, they are mystified by ideas like balancing a business’s costs vs. its sales. Because they believe that government creates jobs, they are flummoxed at the very notion that a business owner might want to make a profit and keep his own family fed. After all, the business owner “didn’t build that.”
The economic theories that have been holding us down are the same ones espoused by Hillary and her political kin. They are a natural outgrowth of the same socialist view that says government is meant to rule the people, not serve them.
If America is to return to being a free society, it’s time to ditch Hillary and the rest of the Democrats.