My Life, by Bill Clinton: on Corporations


Bill Clinton: Investment capital over nonproductive corporate debt

[One of the principles of the New Democrat philosophy is that] waste is going to be punished. It appears to me that we are spending billions of dollars of investment capital increasing the debt of (corporations) without increasing their productivity. More debt should mean increased productivity, growth, and profitability. More debt means too often, less employment, less investment for research and development, and forced restructuring to service nonproductive debt.
Source: My Life, by Bill Clinton, p.327 Jun 21, 2004

Hillary Clinton: 1980s: Loved Wal-Mart's "Buy America" program

As governor, I hosted a lunch for Wal-Mart executives and our economic development people to encourage the company to buy more products made in America and to advertise this practice as a way to increase eases. Wal-Mart's "Buy American" campaign was a great success and helped to reduce resentment against the giant discounter for putting small-town merchants out of business. Hillary loved the program and supported it strongly when she went on the Wal-Mart board a couple of years later. At its high mark, Wal-Mart merchandise was about 55 percent American made, about 10 percent more than that of its nearest competitor. Unfortunately, after a few years Wal-Mart abandoned the policy in its marketing drive to be the lowest-cost retailer, but we made the most of it in Arkansas while it lasted.
Source: My Life, by Bill Clinton, p.321-322 Jun 21, 2004

  • The above quotations are from My Life, by Bill Clinton.
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Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
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Donald Trump(NY)
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V.P.Joe Biden(DE)
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Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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Page last updated: Feb 19, 2019