Hillary Clinton Vows to Stop Job-Killing Trade Deals, Appoint Chief Trade Prosecutor

By Melanie Arter | August 11, 2016 | 3:43pm EDT
Democratic presidential nominee Hillary Clinton (AP Photo)

(CNSNews.com) – Democratic presidential nominee Hillary Clinton unveiled her economic plan Thursday in Warren, Mich., vowing to stop any trade deal that kills jobs and holds down wages, including the Trans Pacific Partnership, and to “ramp up enforcement” by appoint a chief trade prosecutor.

“Too many companies lobbied for trade deals so they could sell products abroad, but then they instead moved abroad and sold back into the United States. It is also true that China and other countries have gamed the system for too long. Enforcement, particularly during the Bush administration, has been too lax,” she said.

“Investments at home that would make us more competitive have been completely blocked in Congress, and American workers and communities have paid the price, but the answer is not to rant and rave or cut ourselves off from the world. That would end up killing even more jobs,” said Clinton.

“The answer is to finally make trade work for us not against us, so my message to every worker in Michigan and across America is this: I will stop any trade deal that kills jobs or holds down wages, including the Trans Pacific Partnership. I oppose it now. I’ll oppose it after the election, and I’ll oppose it as president,” she added.

Clinton also vowed to “stand up to China and anyone else who tries to take advantage of American workers and companies, and I’m going to ramp up enforcement by appointing for first time a chief trade prosecutor.”

“I will triple the number of enforcement officers, and when countries break the rules, we won’t hesitate to impose targeted tariffs,” she added.

Clinton called for bringing precision manufacturing back to the U.S.

“There is no reason we can’t begin to make those machines ourselves and supply the rest of the world instead of buying from somewhere else,” she said. “Let’s also expand incentives like the new market tax credits that can bring businesses, government and communities together to create good jobs in places that have been left out and left behind.”

Clinton also called for job creation in building and modernizing roads, bridges, tunnels, railways, ports, and airports. She pledged to connect every household in the U.S. to broadband by 2020.

“We will also help cities like Detroit and Flint connect underserved neighborhoods to opportunity, expanding affordable housing, and we will repair schools and failing water systems as well,” she said. “You know I happen to think we should be ambitious. While we’re at it, let’s connect every household in America to broadband by the year 2020.

“It’s astonishing to me how many places in America – not way, way, far away from cities, but in cities, and near cities that don’t have access to broadband, and that disadvantages kids who are asked to do homework using the internet. Five million of them live in homes without access to the internet, so you talk about an achievement gap. It starts right there,” she added.

Clinton called for building “a cleaner, more resilient power grid with enough renewable energy to power every home in our country,” adding that the U.S. should be “the clean energy superpower of the 21st century.”

“We invent the technology. We should make it and export it, which will help to grow our economy,” she said.

“And here’s something that you don’t always shear enough of from Democrats: a big part of our plan will be unleashing the power of the private sector to create more jobs at higher pay, and that means for us creating an infrastructure bank to get private funds off the sidelines and complement our private investments,” Clinton said.

She called for using “$25 billion in government seed funding” to “unlock more than $250 billion and really get our country moving on our infrastructure plans.”

“And we’re going to invest $10 billion in what we’re calling Make It in America partnerships to support American manufacturing and recommit the scientific research that can create entire new industries,” she added.

“As president, I will also make a major push to empower small businesses and entrepreneurs with new national initiatives to cut red tape at every level and expand access to credit, especially through community banks and credit unions,” Clinton said.

“I will propose a new plan to dramatically simplify tax filing for small businesses. Right now, the smallest businesses … spent 20 times more per employee to prepare their taxes compared to larger companies. It should be as easy as printing out a bank statement. Let’s free entrepreneurs to do what they do best – innovate, grow, and hire,” she said.

Clinton also called for making “college tuition-free for the middle class and debt-free for everyone” and making it easier for those who already have student debt to “refinance and repay what you owe as a portion of your income so you don’t have to pay more than you can afford.”

“A four-year degree should not be the only path to a good job in America. You should be able to learn a skill, practice a trade, make a good living doing it,” she said, adding that she will support “high-quality union training programs.”

“We will propose new tax credit to encourage more companies to offer paid apprenticeships that let you earn while you learn. We will do more, including a national campaign to dignify skills training across the board. I think we’ve got to reverse what has become a kind of commonplace view, which is everybody needs to go to college,” Clinton said. “Well in fact, more than half of the jobs that are going to be available in 2020 do not require a college four-year degree.”

MRC Store