Hillary Clinton: Unemployed Americans may need to make this 'gut-wrenching' choice

CNBC ^ | September 22, 2017 | Marguerite Ward

[2ndDivisionVet]

Unemployment is down, wages are up and to many Americans, the financial crisis may feel like a memory. But for those in rural America and regions tied to industries on the decline, joblessness remains a huge problem.

Hillary Clinton says there is one possible solution to joblessness — but it's a tough pill to swallow. In "What Happened," Clinton writes that the possible solution is one few people want to discuss.

"As hard as it is," she writes, "people may have to leave their hometowns and look for work elsewhere in America."

While she advocates for local governments, employers and other actors to work together to bring new jobs in booming areas such as healthcare, construction and solar power, she also says that those efforts might not be enough.

"In some places the old jobs aren't coming back," she writes, "and the infrastructure and workforce needed to support big new industries aren't there."(continued)

[seawolf101]

[Oztrich Boy]

"As hard as it is," she writes, "people may have to leave their hometowns and look for work elsewhere in America."

Isn't that what you did Hillary?

[grey_whiskers]

If they begin "unprinting money" then by definition this will be "deflationary" and benefit those with savings over those with debt, correct?

(Subject to whatever gyrations the banks create in reaction to the change in policy).

[Toddsterpatriot]

If they begin "unprinting money" then by definition this will be "deflationary" and benefit those with savings over those with debt, correct?

Yes. Unwinding QE should cause rates to rise.