What Ever Happened to the Party of the People? Thomas Frank on Clinton and the Democratic Establishm
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In a major economic address in Ohio on Tuesday, Hillary Clinton warned the election of Donald Trump would be disastrous for the US economy and result in what she dubbed a "Trump recession." "He's written a lot of books about business. They all seem to end at Chapter 11. Go figure," Clinton said. But Hillary Clinton's economic policies are still facing criticism from her own party. Last week in an address to supporters, Democratic presidential candidate Bernie Sanders told supporters he planned to go to the Democratic convention next month in Philadelphia to push the party in a more progressive direction. We speak to Thomas Frank, author of the new book, Listen, Liberal: Or, What Ever Happened to the Party of the People?
TRANSCRIPT:
JUAN GONZÁLEZ: In a major economic address in Ohio on Tuesday, Hillary Clinton warned that the election of Donald Trump would be disastrous for the US economy and result in what she dubbed a "Trump recession."
HILLARY CLINTON: I think Donald Trump has said he's qualified to be president because of his business record. A few days ago, he said -- and I quote -- "I'm going to do for the country what I did for my business." So, let's take a look at what he did for his business. He's written a lot of books about business. They all seem to end at Chapter 11. Go figure. And over the years, he intentionally ran up huge amounts of debt on his companies, and then he defaulted. He bankrupted his companies -- not once, not twice, but four times. Hundreds of people lost their jobs. Shareholders were wiped out. Contractors, many of them small businesses, took heavy losses. Many went bust. But Donald Trump, he came out fine.
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