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| Hillary Clinton tackles Republican rivals head-on in economic speech | Hillary Clinton tackles Republican rivals head-on in economic speech |
| (35 minutes later) | |
| Related: Hillary Clinton tackles Republican rivals head-on in economic speech | |
| Hillary Clinton pledged to fight for higher wages and lift the American middle class on Monday, in a speech that outlined her economic agenda and saw the Democratic presidential candidate take a more aggressive tone towards her Republican rivals. | Hillary Clinton pledged to fight for higher wages and lift the American middle class on Monday, in a speech that outlined her economic agenda and saw the Democratic presidential candidate take a more aggressive tone towards her Republican rivals. |
| Speaking at the New School in Greenwich Village, a New York university known for its progressive worldview, Clinton placed income inequality and improving the conditions of everyday Americans at the heart of her pitch to grow the economy and increase wages. | Speaking at the New School in Greenwich Village, a New York university known for its progressive worldview, Clinton placed income inequality and improving the conditions of everyday Americans at the heart of her pitch to grow the economy and increase wages. |
| “I believe we have to build a growth and fairness economy,” she said. “You can’t have one without the other. | “I believe we have to build a growth and fairness economy,” she said. “You can’t have one without the other. |
| “We must raise incomes for hard-working Americans so they can afford a middle-class life. We must drive strong and steady income growth that lifts up families and lifts up our country. That will be my mission from the first day I’m president to the last.” | “We must raise incomes for hard-working Americans so they can afford a middle-class life. We must drive strong and steady income growth that lifts up families and lifts up our country. That will be my mission from the first day I’m president to the last.” |
| To alleviate the financial burden on middle-class Americans, Clinton emphasized policies such as paid family leave, lowering childcare costs, passing equal pay for women and raising the minimum wage. | To alleviate the financial burden on middle-class Americans, Clinton emphasized policies such as paid family leave, lowering childcare costs, passing equal pay for women and raising the minimum wage. |
| Related: What might Scott Walker's America look like? Just see what he did to Wisconsin | Related: What might Scott Walker's America look like? Just see what he did to Wisconsin |
| Signalling a willingness to play offense against Republicans, she called out three Republican candidates who are seen as the leaders in a crowded presidential field: Jeb Bush, on workers, Marco Rubio, on taxes, and Scott Walker on unions. | |
| Invoking Bush’s recent comments that Americans need to “work longer hours” – a clumsy statement that drew immediate scrutiny from Democrats and the media – Clinton sought to portray the former Florida governor as out of touch. | Invoking Bush’s recent comments that Americans need to “work longer hours” – a clumsy statement that drew immediate scrutiny from Democrats and the media – Clinton sought to portray the former Florida governor as out of touch. |
| “Well, he must not have met many American workers,” she said. “They don’t need a lecture, they need a raise.” | “Well, he must not have met many American workers,” she said. “They don’t need a lecture, they need a raise.” |
| Clinton also described a tax plan proposed by Rubio, a senator from Florida, as “a sure, budget-busting giveaway to the super wealthy”. And of Walker, the anti-union Wisconsin governor who formally launched his presidential campaign on Monday, Clinton said she would fight back against the “mean-spirited, misguided attacks” on workers waged by him and other Republican chief executives. | Clinton also described a tax plan proposed by Rubio, a senator from Florida, as “a sure, budget-busting giveaway to the super wealthy”. And of Walker, the anti-union Wisconsin governor who formally launched his presidential campaign on Monday, Clinton said she would fight back against the “mean-spirited, misguided attacks” on workers waged by him and other Republican chief executives. |
| “Republican governors like Scott Walker have made their names stomping on workers’ rights,” Clinton said. | “Republican governors like Scott Walker have made their names stomping on workers’ rights,” Clinton said. |
| The Bush campaign hit back with a statement that characterized her proposals as “antiquated”. | The Bush campaign hit back with a statement that characterized her proposals as “antiquated”. |
| “Hillary Clinton is proposing the same failed policies we have seen in the Obama economy, where the typical American household’s income has declined and it’s harder for businesses to hire and the middle class to achieve rising incomes,” Allie Brandenburger, a Bush spokeswoman, said in a statement. | “Hillary Clinton is proposing the same failed policies we have seen in the Obama economy, where the typical American household’s income has declined and it’s harder for businesses to hire and the middle class to achieve rising incomes,” Allie Brandenburger, a Bush spokeswoman, said in a statement. |
| “Americans want to work and want the opportunity to achieve earned success for their families, but Secretary Clinton’s antiquated proposals protect the special interests that want to stifle American ingenuity and 21st-century companies like Uber that are creating jobs. Governor Bush believes harnessing innovation and fostering technology can help us grow at 4% once again.” | “Americans want to work and want the opportunity to achieve earned success for their families, but Secretary Clinton’s antiquated proposals protect the special interests that want to stifle American ingenuity and 21st-century companies like Uber that are creating jobs. Governor Bush believes harnessing innovation and fostering technology can help us grow at 4% once again.” |
| Clinton’s tough talk was not reserved just for Republicans – sounding ever the progressive, the former first lady also vowed to go after individuals and corporations on Wall Street that run afoul of the law. | Clinton’s tough talk was not reserved just for Republicans – sounding ever the progressive, the former first lady also vowed to go after individuals and corporations on Wall Street that run afoul of the law. |
| “Too many of our major financial institutions are still too complex and too risky and the problems are not limited to the big banks that get all the headlines,” she said, adding that she would appoint bank regulators who recognized that “too big to fail is still too big a problem”. | “Too many of our major financial institutions are still too complex and too risky and the problems are not limited to the big banks that get all the headlines,” she said, adding that she would appoint bank regulators who recognized that “too big to fail is still too big a problem”. |
| “There can be no justification or tolerance,” she said, for criminal behavior, committing to going beyond the 2010 Wall Street reform legislation known as Dodd-Frank. | “There can be no justification or tolerance,” she said, for criminal behavior, committing to going beyond the 2010 Wall Street reform legislation known as Dodd-Frank. |
| Related: 'The future is now': can Marco Rubio broaden Republican appeal and win? | Related: 'The future is now': can Marco Rubio broaden Republican appeal and win? |
| Clinton faces a primary challenge from Bernie Sanders, an independent senator from Vermont who is running for president as a Democrat and is a vocal critic of Wall Street. Although Clinton struck a firm tone on the financial services industry, she remained measured – citing her role as a former senator from New York to point out that she knows “first-hand the role Wall Street can and should play in the economy”. | Clinton faces a primary challenge from Bernie Sanders, an independent senator from Vermont who is running for president as a Democrat and is a vocal critic of Wall Street. Although Clinton struck a firm tone on the financial services industry, she remained measured – citing her role as a former senator from New York to point out that she knows “first-hand the role Wall Street can and should play in the economy”. |
| Clinton said she would later introduce in more detail her plans to boost the economy and reform the tax code – including a proposal to reform capital gains taxes – to increase the minimum wage, boost infrastructure investment and establish universal preschool. | Clinton said she would later introduce in more detail her plans to boost the economy and reform the tax code – including a proposal to reform capital gains taxes – to increase the minimum wage, boost infrastructure investment and establish universal preschool. |
| In conclusion, Clinton added a personal touch to summarize her approach to steering the economy. “Maybe it’s the grandmother in me,” Clinton said, but “leadership is planting trees under whose shade you will never sit.” | In conclusion, Clinton added a personal touch to summarize her approach to steering the economy. “Maybe it’s the grandmother in me,” Clinton said, but “leadership is planting trees under whose shade you will never sit.” |