Wednesday, 29 June 2016

Hillary Clinton explains how she'll manage this uneasy economy

Hillary Clinton explains how she'll manage this uneasy economy

Early last week, presumptive Democratic nominee Hillary Clinton took the stageat the North Carolina State Fairgrounds to deliver a speech about her economic plan. In a fiery address, she deployed a blueprint that politicians across the pond — specifically, U.K. Prime Minister David Cameron — ignored at their own peril: As often as she talked about her own plans, she trashed the economic policy of her Republican rival. “Donald Trump will drive America back into recession,” she insisted. “We can’t let Donald Trump bankrupt America the way he bankrupted his casinos. We need to write a new chapter in the American dream, and it can’t be Chapter 11.”
A few days later, U.K. voters in a referendum declared they wanted out of the European Union. Markets around the world crashed, wiping out a record $2 trillion in one day; Cameron announced his resignation; other EU member countries started readying their walking papers; and experts confident that the referendum would be a hard-to-remember blip suddenly realized how badly they’d played their side. The Remain camp hadn’t taken seriously enough the need to refute — claim for claim, over and over and in memorable language— the declarations of their opponents. Voters were angry and the Leave camp knew how to market to them.
Yesterday in Chicago, Clinton talked with LinkedIn about how she’s changing her approach and her campaign — if at all — post-Brexit. With one press manager by her side, she strolled into a conference room in Chicago's McCormick Place that we had converted into a pop-up studio. After some small talk, she began piecing through the current economic situation.  She talked about the U.K. shockwave and the underlying currents that are driving unrest: rapidly changing employment conditions; jobs that require more out of employees — and yet are less dependable; and an education system that has saddled young people in career-limiting debt (we'll have more on that in a later post). Clinton had spent the morning with Elizabeth Warren in Cincinnati, so I couldn't resist also asking her if she was ready to reveal her VP.
What follows is an edited transcript of our interview:

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