Friday
Wrap-Up:
Top 50 Facts About Hillary Clinton From Trump 'Stakes Of
The Election' Address
Fact
1:
Clinton
Trade
Deals “Are Disastrous”
Trump:
"This
includes
fixing all of our many disastrous trade deals
—
and
they are disastrous, they’re
destroying
our
country, because it’s not just the political system that’s
rigged, it’s the whole economy
.”
(Donald
Trump, Speech
On Hillary Clinton,
New York,
NY, 6/22/16)
“More
Than 5 Million U.S. Manufacturing Jobs Were Lost Between 1997 And
2014,” Primarily Due To
“Growing Trade Deficits With Countries That Have Negotiated Trade
And Investment Deals With
The United States.”
This
Is A Loss Of One-Third Of
U.S. Manufacturing During The NAFTA-China
Era.
“More
than 5 million U.S. manufacturing jobs were lost between 1997 and
2014, and most of those
job losses were due to growing trade deficits with countries that
have negotiated trade and investment
deals with
the United States.”
(Robert
E. Scott, “Fast Track To Lost Jobs And Lower Wages,”Economic
Policy Institute’s Working
Economics Blog,
4/13/15)
In
December 2014, There Were 12,294
Million U.S. Manufacturing Jobs, Down From 17,297,000
U.S. Manufacturing Jobs In 1997
.
(
Bureau
Of Labor Statistics
,
Accessed 6/24/16)
Since
NAFTA Took Effect In
January
1994, The U.S. Has Lost 4,570,000 Manufacturing Jobs, A 27
Percent
Decline.
(
Bureau
Of Labor Statistics
,
Accessed 6/21/16)
In
May 2016, The U.S. Had 12,285,000 Manufacturin
g
Jobs, Down From 16,855,000
Manufacturing
Jobs In January 1994.
(
Bureau
Of Labor Statistics
,
Accessed 6/21/16)
“The
North American Free Trade Agreement (NAFTA) Entered Into Force O
n
January 1,
1994.”
(M.
Angeles Villarreal and Ian Fergusson, “The North American Free
Trade Agreement (NAFTA),”
Congressional
Research Service
,
4/16/
15)
After
Normalizing Trade Relations With Chin
a,
The Economic Policy Institute Estimated That
“Growth
In The U.S. Goods Trade Deficit With China Between 2001 And 2013
Eliminated Or
Displaced
3.2 Million U.S. Jobs.”
“Growth
in the U.S. goods trade deficit with China between 2001 and
2013
eliminated or
displaced
3.2 million U.S. jobs, 2.4 million (three
-
fourths)
of which were in
manufacturing.
These lost manufacturing jobs account for about two
-
thirds
of
all U.S. manufacturing jobs
lost
or displaced between December, 2001 and December 2013.”
(Will
Kimbal
l
and Robert E. Scott, “China Trade, Outsourcing
And
Job
s,”
Economic
Policy Institute
,
12/11/14)
The
Economic Policy Institute Estimates That The
U.S.
Trade Deficit With The 11 TPP Nations Led
To
The Elimination Of More Than 2 Million U.S. Jobs In 2015.
“The
U.S. trade deficit with the 11 other
TPP
countries eliminated 2 million jobs, as shown in Table 2, which
reports the number of direct,
indirec
t,
and respending jobs lost (aggregated over all industries). The trade
deficit between the United
States
and the 11 other TPP member countries in 2015 directly eliminated
418,900 jobs. In addition to
the
direct jobs lost, the U.S. trade deficit with the T
PP
country group eliminated an additional 847,200
indirect
jobs in supplier industries, including jobs in manufacturing,
commodity, and service industries.
Finally,
wages lost because of direct and indirect job cuts from the trade
deficits with the TPP mem
ber
countries
would have supported an additional 759,700 respending jobs. The
direct, indirect, and
respending
jobs displaced by the U.S. trade deficit with TPP member countries
totals 2,025,800 jobs lost.”
(Robert
E. Scott and Elizabeth Glass, “Trans
-
Paci
fic
Partnership, Currency Manipulation, Trade, And Jobs
,”
Economic
Policy Institute
,
3/3/16)
Fact
2
:
Clinton Lied About Her Landin
g
In Bosnia
Trump:
“Her
phony
landing in
Bosnia,
where
she said she was under attack, and the attack turned out to
be
young girls handing her flowers, a total and
—
look,
this was
—
this
was one of the beauts, a total and
self
-
serving
lie
.
Brian Williams’
career
was destroyed for saying less, remember that.”
(Donald
Trump,
Speech
On
Hillary
Clinton
,
New York, NY,
6/22/16)
On
March 25, 1996, Hil
lary
Clinton As First Lady Landed In Bosnia To Meet With U.S. Soldiers And
Local
Leaders.
"First
lady Hillary Rodham Clinton launched her latest venture onto the
international
stage
Sunday with a visit to offer support for families of U.S. troops in
Bosnia
-
Herzegovina.
Today, she
travels
to Bosnia, where she will meet U.S. soldiers and religious and
community leaders in Tuzla and two
nearby
outposts."
(Bill
Nichols, "First Lady On Mission Of Support In Bosnia Today To
Address Troops,"
USA
Today
,
3/25/96)
Wh
en
Recounting The Trip As A Presidential Candidate In 2008, Clinton Said
"I Remember
Landing
Under Sniper Fire. There Was Supposed To Be Some Kind Of Greeting
Ceremony At The
Airport,
But Instead We Just Ran With Our Heads Down."
CLINTON:
"I remember
landing
under
sniper
fire. There was supposed to be some kind of a greeting ceremony at
the airport, but instead we just
ran
with our heads down to get into the vehicles to get to our base. But
it was a moment of great pride for
me
to visit our troops, not
only
in our main base as Tuzla, but also at two outposts where they were
serving
in so many capacities to deactivate and remove landmines, to hunt and
seek out those who had
not
complied with the Dayton Accords and put down their arms, and to
build relati
onships
with the
people
that might lead to a peace for them and their children."
(Sen.
Hillary Clinton
,
Remarks
At A Campaign Event
,
W
ashington,
D.C., 3/17/08)
PolitiFact:
"But
That's Not What Happened, As Demonstrated By CBS News Video That
Shows
Clinton
Arriving On The Tarmac Under No Visible Duress, And Greeting A Child
Who Offers Her A
Copy
Of A Poem."
"During
an introduction to a fo
reign
policy speech on Iraq on March 17, 2008, Sen.
Hillary
Clinton reminisced about her days as first lady and a trip to Tuzla,
Bosnia, she made in March
1996.
'I remember landing under sniper fire. There was supposed to be some
kind of a greeting ceremon
y
at
the airport, but instead we just ran with our heads down to get into
the vehicles to get to our base.' But
that's
not what happened, as demonstrated by CBS News video that shows
Clinton arriving on the tarmac
under
no visible duress, and greeting a ch
ild
who offers her a copy of a poem."
(Angie
Drobnic Holan, "Video Shows
Tarmac
Welcome, No Snipers,
"
PolitiFact,
3/25/08)
Fact
3
:
Clinton
Performed
Favors
for D
onors
As
Secretary
Of State
Trump:
“Hillary
Clinton
has
perfected the politics of personal profit and even theft
.
She
ran
the
State
Department
like
her own personal hedge fund, doing favors for oppressive regimes, and
many oth
ers
and
really
many, many others in exchange for cash
.”
(Donald
Trump,
Speech
On Hillary Clinton
,
New York, NY,
6/22/16)
Harper’s
Ken
Silverstein: The Clinton’s Political Allies Won The Focused
Attention Of Secretary
Clinton
At The State Department.
“...it
is beyond dispute that these very same donors and the Clintons’
political
allies have won the focused attention of presidential can
didate
Hillary Clinton when she served
as
Secretary of State.”
(Ken
Silverstein, “Shaky Foundation
s,”
Harper’s
Magazine
,
11/18/15)
“
One
Of The Reasons That The Clinton Foundation Has Become Such A
Formidable Fund
-
Raising
Machine
Is That Donors Appear To Hope To Gain Access To The Corridors Of
Political Power With
Their
Gifts.”
(“Why
The Clinton Foundation Is So Controversial
,”
The
Economist
,
2/7/16)
The
Problem With The Clinton Foundation Is That Appears Vulnerable To
Conflicts Of
Interest.
“The
problem is that a foundation, which is led by an
ex
-
president
and someone who
hopes
to be elected president by the end of the year, can appear vulnerable
to conflicts of interest.”
(“Why
The Clinton Foundation Is So Controvers
ial,”
The
Economist
,
2/7/16)
Example
Of
Clinton Favoritism To Friends
Raj
Fernando Was Appointed To
The
State Department’s International Security Advisory Board By
Clinton’s
Chief Of Staff Cheryl Mills At Her “Insistence.”
“The
newly released emails reveal that after
ABC
News started asking questions in August 2011, a State Department
official who worke
d
with the
advisory
board couldn’t immediately come up with a justification for
Fernando serving on the panel. His
and
other emails make repeated references to ‘S’; ABC News has been
told this is a common way to refer
to
the Secretary of State. ‘The true a
nswer
is simply that S staff (Cheryl Mills) added him,’ wrote Wade
but
every city, county, and state can completely ban firearms in America
”
(
Ryan
Lovelace
,
“
Sessions
warns of historic
Clinton
attack on gun rights
,”
Washington
Examiner
,
5/22/16
)
Fact
48
:
ObamaCare
Is A Job
-
Killing
Disaster
Trump:
“Repeal And Replace Job
-
Killing
ObamaCare
–
It
Is A Disaster.”
(Donald
Trump,
Speech
On Hillary Clinton
,
New
York, NY, 6/23/16)
According
To An Analysis From Goldman Sachs, “Obamacare Is Forcing Hundreds
Of Thousands Of
People
Into Part
-
Time
Work.”
“In
a research note sent out Wednesday, bank economist Alec Phillips
concluded
that ‘the evidence suggests that the [Affordable Care
Act]
has at least modestly elevated
involuntary
part
-
time
employment.’ He wrote that a ‘few hundred thousand’ workers may
have had their
hours
cut or been forced to take part
-
time
jobs because of the law. Goldman Sachs' analysis is the latest
conduct
on th
e
contentious topic of the healthcare law and part
-
time
work, and its findings largely back
up
what other studies have revealed, Phillips wrote. The bank weighed in
on the question after
involuntary
part
-
time
work rose sharply in recent months.”
(Joseph
La
wler,
“Goldman Sachs: Obamacare forcing hundreds of
thousands
into part
-
time
work,”
The
Washington Examiner,
06/08/16)
ObamaCare
Con
tains
$859.7 Billion In Job
-
Killing
Taxes On Small Businesses, Investments And
Innovation.
(“Estimated
Revenue Effects Of A Proposal To Repeal Certain Tax Provisions
Contained In The ‘Affordable Care Act,’”
Joint
Committee On
Taxation
,
6/15/12; “Federal Subsidies For Health Insurance Coverage For
People Under Age 65: 2016 To 2026,”
Congressional
Budget Office
,
3/24/16)
Over
The Next 10 Years, ObamaCare Will Cause The Loss Of Over 2 Million
Full Time Jobs Worth Of
Hours.
“The
projected reduction in the labor supply wo
uld
occur in several ways. Some people would
choose
to work fewer hours; others would leave the labor force entirely or
remain unemployed for longer
than
they otherwise would. CBO did not split its estimate of the overall
reduction into the reduction in th
e
number
of hours worked and the reduction in labor force participation,
because in formulating its
estimate,
the agency generally relied on labor supply elasticities (which
measure the change in the labor
supply
resulting from a change in tax rates) that
combined
those two decisions. CBO did, however,
translate
the reduction in the labor supply into an effect on full
-
time
-
equivalent
employment. The labor
force
is projected to be about 2 million full
-
time
-
equivalent
workers smaller in 2025 than it would hav
e
been
otherwise.”
(“How
CBO Estimates The Effects Of The Affordable Care Act On The Labor
Market,”
Congressional
Budget Off
ice
Report
,
December
2015)
Fact
49
:
Real
Wages Haven’t Increased For
America
Workers
Trump:
“The Real Wages For Our Workers Have Not Been raised For 18 Years
–
But
These Wages
Will
Start Going Up, Along With The
N
ew
Jobs.”
(Donald
Trump,
Speech
On Hillary Clinton
,
New York, NY, 6/23/16)
According
To A 2014 Pew Research Center Analysis, When Adjusting For Inflation,
“
Today’s
Average
Hourly Wage Has Just About The Same Purchasing Power As It Did In
1979.
“According
to
the
BLS, the average hourly wage for non
-
management
private
-
sector
workers last month was $20.67,
unchanged
from August and 2.3% above the average wage a
year
earlier. That’s not much, especially
when
compared with the pre
-
Great
Recession years of 2006 and 2007, when the average hourly wage
often
increased by around 4% year
-
over
-
year.
(During the high
-
inflation
years of the 1970s and early
1980s,
average wa
ges
commonly jumped 8%, 9% or even more year
-
over
-
year.)
But after adjusting for
inflation,
today’s average hourly wage has just about the same purchasing
power as it did in 1979,
following
a long slide in the 1980s and early 1990s and bumpy, inconsistent
growth
since then. In fact, in
real
terms the average wage peaked more than 40 years ago: The $4.03
-
an
-
hour
rate recorded in January
1973
has the same purchasing power as $22.41 would today.”
(Drew
DeSilver, “For Most Workers, Real Wages Have Barely
Budged
For
Decades,”
Pew
Research Center
,
10/19/14)
Fact
5
0
:
Clinton’s
Regime
of
Taxation,
Regulation, And Open Borders, Will Destroy Jobs And
Drive
Down Wages
Trump:
“Hillary’s Massive Taxation, Regulation And Open Borders Will
Destroy Jobs And Drive
Down
Wages For Everyone.”
(Donald
Trump,
Speech
On Hillary Clinton
,
New York, NY, 6/23/16)
Clinton’s
Tax Hikes “Would Hurt The Entire Economy, Dragging Down Income At
All Levels.”
“Though
Clinton’s proposals target the wealthy, the Tax Foundation said
today that the increases would
hurt
the entire economy, dragging down incomes at all levels.”
(Brian
Faler, “Analysis: Clinton Proposed Almost $500 Billion In
Tax
Increases,”
Politico
,
1/26/16)
A
Tax Foundation’s Analysis Found Clinton’s Tax Proposals Would
“Reduce The Economy’s Size By
1
Percent.”
“According
to the Tax Foundation’s Taxes
and
Growth Model, Hillary Clinton’s tax plan would
reduce
the economy’s size by 1 percent in the long run.”
(Kyle
Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary
Clinton’s
Tax Proposals,”
Tax
Foundation
,
1/26/16)
Clinton’s
Tax Proposals Would Result In “311,000 Fewer Full
-
Time
Equivalent Jobs.”
“The
plan
would lead to 0.8 percent lower wages, a 2.8 percent smaller capital
stock,
and
311,000 fewer
full
-
time
equivalent jobs. The smaller economy results from somewhat higher
marginal tax rates
on
capital and labor income.”
(Kyle
Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary
Clinton’s Tax Proposals,”
Tax
Foundation
,
1/26/16)
Clinton’s
Tax Proposals Would “Lead To 0.8 Percent Lower Wages.”
“The
plan would lead to
0.8
percent lower wages, a 2.8 percent small
er
capital stock, and 311,000 fewer full
-
time
equivalent
jobs. The smaller economy results from somewhat higher marginal tax
rates on capital
and
labor income.”
(Kyle
Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary
Clinton’s Tax Proposals,
”
Tax
Foundation
,
1/26/16)
Illegal
Immigration Lowers Wages For Competing American Workers By An
Estimated $99 To
$118
Billion A Year.
“Economic
theory predicts that immigration will redistribute income by lowering
the
wages of competing American workers and increasing the wages of
complementary American
workers
as well as profits for business owners and other “users” of
immigrant labor...
Although
the net
benefits
to natives from illegal immigrants are small, there is a sizable
redistribution effect. Illegal
immigration
reduces the wage of native workers by an estimated $99 to $118
billion a year, and
generates
a gain for businesses and oth
er
users of immigrants of $107 to $128 billion.”
(George
Borjas,
“Immigration
And The American Worker,”
Center
For Immigration Studies
,
4/13
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