Hillary Clinton Warns of Recession if Donald Trump Becomes President

Hillary Clinton

Hillary Clinton said Donald Trump is not just dangerous to the national security of the United States, but also to its economy. She warned of a recession if he is elected president of the country.

During her speech in Columbus Ohio, Mrs. Clinton focused her attention on Trump’s economic proposals. She also pointed out that after one year, it important to hold him accountable for what he says he’ll do as president.

Hillary Clinton

Mrs. Clinton said, “We need to clear the way for a real conversation about how to improve the lives of working people. A few weeks ago, I said his foreign policy proposals and reckless statement represent a danger to our national security. But you might think that because he has spent his life as a businessman, he’d be better prepared to handle the economy. We’ll it turns out he’s dangerous there too. Just like he shouldn’t have his finger on the button, he shouldn’t have his hands on our economy.”

Trump threatens the U.S. and global economy

She emphasized the conservatives and liberals share the same view that “Trump’s ideas would be disastrous.”  Mrs. Clinton said, “Economists on the right, the left and the center all agree Trump would throw us back into recession.”

She noted that one of the former economic advisers of Senator John McCain described the potential economic situation of the United States if Trump wins the presidents. Under a Trump recession, the country would lose 3.5 million jobs, incomes would stagnate debt would explode, and stock prices would plummet.

Mrs. Clinton also noted the analysis of the Economic Intelligence Unit that Trump is included in the list of threats to the global economy. She said, “This month, number three on the list is Donald Trump becoming the United States President.”

The presumptive Democratic presidential nominee also pointed out that “every day we see how reckless and careless Trump is” and he is proud of it. Mrs. Clinton added, “Well, that’s his choice, except when he’s asking to be president. Then it’s our choice.”

Trump’s tax plan will increase national debt to $30 trillion over 20 years

Mrs. Clinton also criticized Trump’s position on wages, housing market, and women in the work force. She emphasized that her Republican rival believed that low minimum wage is not a bad thing for America and sort of hoped for the housing market to crash because he’d make many on foreclosure. She also mentioned that Trump once referred to pregnant employees as “inconvenience.”

Furthermore, Mrs. Clinton said Trump’s plan to wipe out the tough rules on Wall Street that were implemented by the Obama administration, is wrong for America.

She pointed out that those rules were “designed to protect consumers and ensure that Wall Street can never again take the kinds of risks that crashed our economy the last time.” The Consumer Financial Protection Bureau was created to protect families from unfair and deceptive practices, but Trump wants to get rid of the agency, which already secured billions and dollars and returned to people who have been ripped off. Mrs. Clinton said Trump will” rig the economy for Wall Street again.”

Moreover, Mrs. Clinton noted that Trump refers to himself as the “king of debt” and his tax plans conform to that name. Based on the analysis of the Independent Tax Policy Center, Trump’s plan would increase the national debt by more than $30 trillion over 20 years.

Trump’s response to Clinton’s speech

In response to Mrs. Clinton’s speech, Trump tweeted, “I am ‘the king of debt.’ That has been great for me as a businessman, but is bad for the country. I made a fortune off of debt, will fix U.S.”

The Republican presumptive nominee added, “How can Hillary run the economy when she can’t even send emails without putting entire nation at risk?”

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