Hillary Clinton Monday tried to remove herself from the grip of her latest, and among her worst, gaffes – her trailblazing economic theory that businesses don’t create jobs.
Clinton said the comment, which she made last week, was just an attempt to say that what liberals like to call “trickle down economics” doesn’t work.
According to Buzzfeed’s Ruby Cramer, Clinton explained:
“The Republican alternative is a discredited economic theory that will hurt middle class families,” Clinton said. “So-called trickle-down economics has failed.”
“I short-handed this point the other day, so 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 America and 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.”
Cramer protectively asserted, “The clarification made clear that the remark was a botched line.”
Well, as Dr. Freud might say, there are no accidents. Only accidental revelations.
Sure, Hillary cannot possibly believe that corporations don’t create jobs. I mean, NBC created one for her daughter, right? But her sentiments toward the job creators are clear. And that was the point of her gaffe.
Here it is again, smug tone and all.
Actually, trickle down economics, also known as supply side economics, does work. In fact, her husband rode the wave of growth sparked by Ronald Reagan’s tax cuts until he finally produced a recession as he was leaving office in 2000.