Hillary for America tells Ohio voters that Trump is bad for economy
Every day, we see how reckless and careless Trump is. He’s proud of it. Well – that’s his choice. Except when he’s asking to be our President. Then it’s our choice.
Donald Trump actually stood on a debate stage in November and said that wages are too high in this country. He should tell that to the mothers and fathers working two jobs to raise their kids.
He said – and I quote – ‘Having a low minimum wage is not a bad thing for this country’ – at a time when millions working full-time are still living in poverty.
Back in 2006, before the financial crash, Trump said, and again, I quote, ‘I sort of hope’ that the housing market crashes, because he’d make money off all of the foreclosures.
Over the years, he said all kinds of things about women in the workforce. He once called pregnant employees – and I quote – ‘an inconvenience.’ He says women will start making equal pay as soon as we do as good a job as men – as if weren’t already. Now these are the words not of someone who thinks highly of women who work, or who cares about helping parents balance work and family. But instead he literally doesn’t know how much of how we have grown the economy over the last 40 years which is largely thanks to women getting into the workforce and adding to family incomes.
And he wants to end Obamacare, but has no credible plan to replace it or to help keep costs down. It really wouldn’t be good for our economy, would it, if 20 million people lost their health insurance and we were back to absolutely skyrocketing costs for everything. It would be devastating to families and it would also be bad for the economy.
Here’s exactly what he’s promising to do as President, and why I believe it’s wrong for America.
First, there’s his plan for Wall Street.
After the 2008 crisis, President Obama fought to enact the toughest, most comprehensive set of Wall Street reforms since the Great Depression. They’re designed to protect consumers and ensure that Wall Street can never again take the kinds of risks that crashed our economy the last time.
So what would Trump do?
He said he wants to wipe out the tough rules we put on big banks. He said they created – quote – ‘a very bad situation.’ Well he’s got it backwards. The ‘very bad situation’ was millions of families seeing their homes and savings disappear.
He also wants to repeal the Consumer Financial Protection Bureau, the new consumer watchdog that Senator Warren helped create to protect families from unfair and deceptive business practices. That new agency has already secured billions of dollars in returns for people who’ve been ripped off. Donald Trump wants to get rid of it.
Trump would take us back to where we were before the crisis. He’d rig the economy for Wall Street again.
Well that will not happen on my watch, I can guarantee you. I would veto any effort to weaken those reforms. I would defend them and strengthen them – both for the big banks and the shadow banking system. And I will vigorously enforce the law. Because we can’t ever let Wall Street wreck Main Street again.