Tags: Trump Administration | Hillary Clinton | Marco Rubio | marco rubio | hillary clinton | outdated | economy

Marco Rubio Mocks 'Outdated' Hillary's 'Time Machine to Yesterday'

By    |   Tuesday, 07 Jul 2015 05:42 PM

Republican presidential candidate Marco Rubio – slamming Hillary Clinton as "stuck in a time machine to yesterday" – declares his more vibrant economic vision will take on the higher education "cartel," reform the tax code and loosen restrictive regulations on business.

In a speech to more than 200 local entrepreneurs in Chicago, the senator from Florida lobbed shots at his 60-somethings rivals Clinton and Jeb Bush as out-of-touch candidates, Politico reports.

"The race for the future will never be won by going backward," the 44-year-old Rubio said, Politico reports. "It will never be won by hopping in Hillary Clinton’s time machine to yesterday. She seems to believe pumping more of today’s money into yesterday’s programs will bring prosperity tomorrow. It will not."

"Nor will thinking small," he added. "Hiking the minimum wage by a few dollars will not save the American Dream; it will accelerate automation and outsourcing. Increasing taxes and regulations will not promote fairness or opportunity; it will snuff out innovation and crush small business."

Rubio also dismissed Clinton's ideas on higher education as both "outdated" and shortsighted," calling instead for a "holistic overhaul" of how colleges and universities control tuition and financial aid, teach and confer degrees, Politico reports.

"Our higher education system is controlled by what amounts to a cartel of existing colleges and universities, which use their power over the accreditation process to block innovative, low-cost competitors from entering the market," Rubio said, Politico reports.

"Within my first 100 days, I will bust this cartel by establishing a new accreditation process that welcomes low-cost, innovative providers," he vowed. "This would expose higher education to the market forces of choice and competition, which would prompt a revolution driven by the needs of students — just as the needs of consumers drive the progress of every other industry in our economy."

In a later question-and-answer session, Rubio lamented "all the things we once told people they needed to do to succeed no longer work," Politico reports.

"No one has explained why the old ways no longer work and what the new ways should be," he said.

Politico reports Rubio also seemed to dismiss Bush as well, declaring: "New opportunities cannot be seized by old ideas, and the future must be embraced with enthusiasm and vision."

"For the first 15 ½ years of this century, Washington has looked to the past," the 44-year-old freshman senator said. "Our economy has changed, but our economic policies have not. And we have learned, painfully, that the old ways no longer work."

Of regulations that "are the result of an alliance between Big Business and Big Government," he vowed to bust them up to jump-start the economy.

Politico notes Rubio has previously described some of the economic proposals laid out Tuesday, including one to dramatically lower the U.S. tax on companies' foreign earnings.

"Hillary Clinton argues the economy is rigged in favor of wealthy interests — but what she won’t tell you is that Big Government is doing the rigging," he said. "A massive regulatory apparatus inevitably becomes the instrument of those with the lawyers and lobbyists necessary to influence it."

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Republican presidential candidate Marco Rubio – slamming Hillary Clinton as "stuck in a time machine to yesterday" – declares his more vibrant economic vision will take on the higher education "cartel," reform the tax code and loosen restrictive regulations on business.
marco rubio, hillary clinton, outdated, economy
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2015-42-07
Tuesday, 07 Jul 2015 05:42 PM
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