Hillary Clinton: Trump Wants Trickle Down
on Monday, August 8, 2016Hillary Clinton Money Quote saying Trump and economic advisors are attempting to revive the same monetary policy that failed Reagan. Hillary Clinton said:
“[Trump] wants to roll back regulations on Wall Street. He wants to eliminate the Consumer Financial Protection Bureau, which has saved billions of dollars for Americans. He wants to basically just repackage trickle down economics” — Hillary Clinton
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In this quote, Hillary Clinton is criticizing Donald Trump’s policy positions on financial regulation and the economy.
She asserts that by rolling back Wall Street rules and eliminating the Consumer Financial Protection Bureau, Trump wants to weaken oversight of the financial sector in a way that could harm consumers.
Clinton also argues this amounts to “repackaging” trickle-down economics, suggesting Trump’s agenda would largely follow the same theory of disproportionately benefiting the wealthy and corporations with tax cuts rather than average Americans.
Overall, the quote portrays Clinton’s view that Trump favors an economic approach focused on deregulation and tax policies that have failed to deliver widespread benefits for working people according to critics of trickle-down theory.