Hillary Clinton’s Message: Yes, the Economy Is Messed Up. But I Can Fix It.

New York Times ^ | JUNE 22, 2016 | Neil Irwin

[expat_panama]

It has been a year dominated by populist rage, embodied in Bernie Sanders’s calls for a political revolution and Donald J. Trump’s angry assertions that the United States, and its workers, are losing badly in the global economy...

...Clinton gave this message: I alone am the candidate who knows how to turn those underlying frustrations... ...voters’ anger, but respond to that anger by pulling the levers of the federal bureaucracy and creating legislation...

...not easy to change Washington, or how corporations behave,”... ...blasting Mr. Trump’s business record, ethics and often-erratic policy positions. “It takes more than stern words or a flashy slogan. It takes a plan, and it takes experience...

...she did not promise to provide free college tuition or to break up major banks; she instead said she would make sure students could graduate without a debt hangover, and clamp down on banks in ways that would probably lead them to shrink...

...propose ripping up trade deals and risking trade wars with the likes of China and Mexico. But she did say her administration would use the tax code to punish companies that outsource jobs...

...proclaim the greatness of the Obama-era economy and pledge continuity. That was a contrast with two other modern-era candidates who ran to succeed a two-term president from their party amid a strong economy, Al Gore in 2000 and George H.W. Bush in 1988...

...discontent that has fueled the rise of Mr. Sanders and Mr. Trump...

...business and government have lost sight of our shared responsibility... ...let Wall Street take big risks with unregulated financial activities, they skew our tax code toward the wealthy, they failed to enforce our trade rules, they undermined workers’ rights.”...

Mrs. Clinton thus emphasized policies... ...deal making even in a polarized Congress, or that could be executed through administrative action.

[expat_panama]

Note, they're calling her "Mrs. Clinton"....

However the NYT thinks O's econ was great: "...two other modern-era candidates who ran to succeed a two-term president from their party amid a strong economy...".

"other?"

[simpson96]

She can fix it? She made a big to-do that her hubby would do it for her.

[Gaffer]

The only economy she will ‘fix’ is the one that supports her.......

[Cowgirl of Justice]

But I thought you said Bill would fix it.

Which is it?

You have already indicated you didn’t have the one to do it.

[palmer]

The NYT must be doing well under Obama. The reason they don’t call her Secretary Clinton anymore is that it sounds too much like General Secretary, and Trump has successfully made her failures as Secretary an issue and he’s just getting started.

[TonyM]

I guess she is going to invest our taxes in cattle futures.

[Maverick68]

Haha...she’s trying to make foolish Americans think Billy-Boy is waiting in the wings to swoop in and save us.....

The economy of the 90’s was a tech boom, Clinton had nothing to do with it.

[silverleaf]

” Elect me and I’ll put my husband in charge of the economy. Remember what a great job he did in the 90’s dismantling the military and spending Reagan’s peace dividend? And helping out Ol’ buddies like the Riadys and Loral .... ? He’ll do much better this time without that curmudgeon Newt Gingrich to cramp his budget priorities... I also promise to re open the WH travel agency under management of my buddies and to create new jobs for my brothers Tony and Hugh in brokering presidential pardons for cash...Hugh already called dibs on the Lincoln bedroom”
HRC

[expat_panama]

Happy Brexit Day!  Stock indexes saw a timid bull get replaced by a weaker bear (mild losses in even lower volume) and IBD blames it on today's Brexit vote --anyone know which vote outcome means what?   Stock futures don't know, these point to gains and these others see more losses.

Metals traders are upbeat all around w/ futures +0.67% and gold/sliver now trading back up to $$1,263.90/$17.47.

We also got---

8:30 AM Initial Claims
8:30 AM Continuing Claims
10:00 AM New Home Sales
10:30 AM Natural Gas Inventories

--and:

Lending to Poor People Didn't Cause the Crisis - Barry Ritholtz, Bloomberg
What Explain's the Fed's Rate About Face? - Caroline Baum, MarketWatch
Why You Shouldn't Discount O's Retail Hiring Boom - Jed Graham, IBD
Brexit Botch: Mutually Assured Destruction - Ambrose Evans-Pritchard,DT
Tom Woods vs. John Tamny on Fractional Banking - Tom Woods, TWS
The Scare to Healthcare Investors in the Election - David Bahnsen, Forbes
Health Care Creates Wage Inequality - Robert Samuelson, Washington Post
Why the Energy Industry Isn't Going Nuclear - Bill Loveless, USA Today
Tesla & Solar City Have Elon Musk Problem - Jen Wieczner, MarketWatch
Hillary's Message: 'Yes, I Can Fix Economy' - Neil Irwin, New York Times
Hillary's Attempt to Attack on the Economy Is Shameless - Editorial, NYP

[SMARTY]

If “Odork’ endorsed her, how can she slam his administration... or is it STILL Bush’s fault?

8 Years? Really??

[poconopundit]

Wow, if you look at the video, there's a striking difference between the Trump video yesterday and Hillary's.

Trump is in command, he speaks clearly, and emphasizes strong arguments why Hillary is not fit to rule.

Trump is strong, presidential, and clear. Hillary is weak sounding, wishy washy, and rather casual -- not serious.

And if Hillary is conceding (finally) that the economy is bad shape, she cannot win the argument about building a strong economy against Trump, a master businessman.

[Lurkina.n.Learnin]

She seemed pretty down on Obama’s glorious economy.

[AndyJackson]

Yeah, sell out the few pieces that we haven’t sold out to the Clinton Foundation’s paymasters.

[AndyJackson]

Why You Shouldn't Discount O's Retail Hiring Boom

Oh, yeah! Working retail selling Chinese made goods. That's the ticket. Money for nothing and the chicks for free, well except Hillary's $250,000 + presidential suites and private jets.

[exit82]

She can fix it? She made a big to-do that her hubby would do it for her.

Exactly.

The old crone hasn't a clue and has said repeatedly she would bring in Bill to fix the economy.

He hasn't a clue either.

He just rode the wave of Gingrich's plans for 8 years.

[AndyJackson]

Why the Energy Industry Isn't Going Nuclear

The "three ones" as a former GS VP explained to me once.

You can build a one-gigawatt natural gas plant in one year for $1B. Compared to nukes that's real cheap. And thanks to fracking NG is real cheap. And there is no risk, no need to build on spec , no need for patient capital, waiting for two decades for a return while biting nails for an NRC license, a market for your electricity, or an NGO putting you out of business because Hilary got elected.

It isn't ideology. It's pure simple straight risk-informed profit motivated economics.

[AndyJackson]

Mrs. Clinton thus emphasized policies... ...deal making even in a polarized Congress

Deal making in Congress is a transactional cost, not a path forward. Washington DC is the thing impeding even having an economy. Take all the money, take a cut and then dole some back to favorite projects and refugee relocation.

For the private economy to do fine someone needs to "take off and nuke it [the beltway and its bandits] from space."

[AndyJackson]

He just rode the wave of Gingrich's plans for 8 years.

After the first couple of which the sell-out traitorous GOPee stabbed Gingrich in the back so they could turn democratic pork into GOPee pork.

[Rebelbase]

Risking war with Mexico? BWAHAHAHAHAHA!

[Enchante]

Trump should make her run against the Obozo admin. that she was a big part of for 4 yrs

Pressure her into making statements against the past 8 years of economic mis-rule.... then blow up any relationship remaining between Hillary and the Obamanation.