Don’t let anybody, don’t let anybody tell you that, ah, you know, it’s corporations and businesses that create jobs. You know that old theory, trickle-down economics. That has been tried, that has failed. It has failed rather spectacularly.
Clinton without directing saying it in 2014 that job creation is supported through the grace and shrewdness of the public sector. The same public sector that has been proven incapable of running even the most basic of businesses.
Proposals to spending billions to discourage outsourcing without reducing taxes and regulations, a burden that makes US manufacturing highly uncompetitive in the global economy, will do little more than lining the pockets of people that know better but play the game. Although invisible hand creates jobs, few in the public sector understand it.
Headline: Hillary Clinton to propose $10 billion manufacturing investment
Democratic presidential candidate Hillary Clinton on Friday will propose a $10 billion investment in partnerships to encourage the growth of the U.S. manufacturing sector as part of a national push to discourage outsourcing in the industry.
The proposal would work with a broader campaign to encourage companies to build and expand their U.S. manufacturing operations.
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