When Bill Clinton was running for president in 1992, he promised Americans they’d be getting a “two for one” if they voted for him because Hillary was equally
corrupt accomplished in her own right. Now that Hillary is running for president, she has returned the favor saying she’d put Bill in charge of “revitalizing the economy” if she’s elected. While the prospect of Hillary Clinton roaming the White House again is scary enough, having Bill in tow may be scarier — and not just for the interns.
The story of Detroit is a cautionary tale against tax and spend liberalism. The city has been under Democrat control for over five decades, and what has been the result? The population of Detroit today has dwindled down to roughly a third of its 1950 peak, and budget deficits soared just as much as crime did. In 2013, the city filed the largest municipal bankruptcy case in U.S. history.
Is Detroit beyond saving? Today, the city suffers an unemployment rate of 24.8 percent. To put that in perspective, unemployment averaged about 15 percent during the Great Depression, and peaked at 25 percent in 1933. Luckily, as we welcomed in our ten thousandth Syrian refugee the other day, a video from February surfaced showing Bill Clinton with an “interesting” plan to rebuild the city.
Via BreitbartIn a previously little-noticed video from February at the Clinton Global Initiative, former President Bill Clinton suggested that the U.S. use Syrian refugees to rebuild Detroit.
“The truth is that the big loser in this over the long run is going to be Syria. This is an enormous opportunity for Americans,” Bill Clinton said about the Syrian migrant crisis.
Detroit has 10,000 empty, structurally sound houses—10,000. And lot of jobs to be had repairing those houses. Detroit just came out of bankruptcy and the mayor’s trying to do an innovative sort of urban homesteading program there. But it just gives you an example of what could be done. And I think any of us who have ever had any personal experience with either Syrian Americans or Syrian refugees think it’s a pretty good deal.It is unclear from the video why Clinton seems to think it would be better to fill these Detroit jobs with imported foreign migrants rather than unemployed Americans already living there, who could perhaps benefit from good-paying jobs. In the video, Clinton discusses the migrant crisis with billionaire and mass migration enthusiast Hamdi Ulukaya of the Chobani yogurt empire. Ulukaya has become a figure of controversy for his decision to fill his yogurt plants with foreign refugees rather than unemployed Americans.
During the discussion, Ulukaya boasted about how he has “11 different nationalities [represented] in Chobani factories” and how he had to hire “11 different translators into the factory” because the local company employees couldn’t communicate with one another.The video can be viewed below (fast forward to 10:35 onward):
This is liberal logic on full display. An entrepreneur brags that his employees can’t even communicate with each-other, and Clinton’s response is “these are the kind of people who are going to rebuild Detroit!”
Yep, that’s exactly the person we want “rebuilding” our economy. Not.
[Note: This post was written by The Analytical Economist]