Hillary Clinton's interview on CNBC Thursday, seen here on the CNBC website, marks another low point in economic understanding among Democratic Presidential candidates. I opined on it, from a business perspective, here, in my companion blog.
From a political standpoint, that clip, the one within the CNBC on-air discussion of Hillary's remarks, is going to be around for a long time. It probably won't matter in the Democratic primaries, because I expect all of those liberals to basically feel the same way. But wait til the Republican candidate uses it to bash the senior windbag from New York state.
I honestly cannot believe Hillary's handlers let her get out in front of them, unscripted, on this. No less a person than Ben Bernanke contradicted her matter-of-factly last week. She looks like the economic idiot and numbskull she is.
Perhaps the silver lining here is a loss of most potential business support for her, as they see what economic conditions could well be like under a Hillary regime- capital flow controls, the end of international trade and growth as we know it, economic recession and worse.
Surely, no one could have convinced the electorate, nor thinking Americans, that Hillary would be capable of believing, and saying, what she said last week on camera. You just cannot make this stuff up.
As I have written before, the long presidential campaign is actually a good thing. It brings these sorts of incredible gaffes to light early, forcing each candidate to live with the cumulation of their boneheaded pronouncements throughout the elongated campaign season.
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