Hillary Clinton on JobsClinton has explicitly – and controversially – stated that businesses do not create jobs.
HILLARY CLINTON: “And don't let anybody tell you that, you know, it's corporations and businesses that create jobs. You know, that old theory, 'trickle-down economics'. That has been tried, that has failed. It has failed rather spectacularly. You know, one of the things my husband says when people say, 'Well, you know, what did you bring to Washington?' He says, 'Well, I brought arithmetic.' And part of it was, he demonstrated why 'trickle-down' should be consigned to the trash bin of history.
24 October, 2014:
Clinton speaks at a campaign rally for Massachusetts gubernatorial candidate Martha Coakley (0:00 – 0:54)
Clinton later clarified these remarks, explaining that she was criticizing Republican economics in general and profit-minded corporations in particular.
HILLARY CLINTON: “So-called 'trickle-down economics' has failed. I shorthanded this point the other day, so let me be absolutely clear about what I've been saying for a couple of decades. Our economy grows when businesses and entrepreneurs create good-paying jobs here in America, and workers and families are empowered to build from the bottom up and the middle out, not when we hand out tax breaks for corporations that outsource jobs or stash their profits overseas.”
27 October, 2014:
Clinton speaks at a campaign rally for New York Rep. Pat Maloney (1:12 – 1:51)