Call it the battle of the titans.
Billionaire Warren Buffett insists that Hillary Clinton will be the next president of these United States.
Billionaire Jim Rogers guarantees that it will not happen.
As of yesterday, Rogers seemed to be more prescient.
Speaking at a Massachusetts rally in support of gubernatorial candidate Martha Coakley, Hillary declared:
Don’t let anybody tell you that raising the minimum wage will kill jobs,” Clinton said. They always say that.
As Bryan Preston notes, the “they” in question is the Congressional Budget Office. It has predicted that raising the minimum wage will destroy half a million jobs.
Hillary continued by showing off her understanding of economics.
“My husband gave working families a raise in the 1990s,” Clinton said, saying she herself voted for raising the minimum wage when she served as a senator from New York. “Don’t let anybody tell you that it’s corporations and businesses that create jobs.”
Now we know, Hillary Clinton does not believe that businesses create jobs. Doubtless she will quickly walk back this piece of nonsense. And the press will probably not hold her to account.
For all I know, Warren Buffet might be right. Hillary might well be the next POTUS. But before that happens, she will have to find a way to keep her foot out of her mouth.