Posted on 07/15/2015 8:14:37 AM PDT by Kaslin
WASHINGTON - Hillary Clinton's job killing "growth and fairness" plan that calls for higher taxes certainly isn't fair and will only further weaken the Obama economy.
If anyone really thought she could come up with a plan to move the economy in a stronger direction, they were sorely disappointed.
Large parts of her plan came from Obama's long stalled agenda that is going nowhere in his remaining term, and from his previously failed proposals.
The economic agenda she delivered Monday called for raising the minimum wage, raising taxes on the wealthy to make them pay their so-called "fair share," imposing new overtime rules on businesses and other federal regulations on employers to boost incomes, and spending billions of dollars more on infrastructure projects that Obama tried at the beginning of his presidency with little to show for it.
After months of discussion with 200 economic advisers, Clinton's plan had all the markings of a political document aimed at women, the middle-class, minorities, labor unions and other parts of the electorate that form the base of the Democratic Party.
Her speech was filled with political lines about "upward mobility," "equal opportunity", and "trickle-down" attacks on Republicans, but far short on specifics about how to create more jobs, boost incomes and economic growth.
Advisers like former secretary of Labor Robert Reich were not happy with the politically-loaded themes that she struck in her speech.
"Upward mobility, equal opportunity -- those are safe phrases and safe aspirations. I don't want to minimize their importance, but they obscure the real issue," he told the New York Times.
For many economists, the salient issue facing the U.S. economy today is economic growth, barely creeping along in the 2 percent range last year and plunging into the zero growth range where the economy was actually shrinking.
One of the problems Clinton faced in fashioning her economic campaign agenda is that by sounding a clarion call for sweeping policy changes to boost wages, jobs and restart a stalled economy, she's implicitly acknowledging that Obama's economic policies were not working.
Yet, incredibly, she blamed all of our economic troubles on Republicans and "trickle-down" proposals that would cut tax rates and reduce government regulations.
"Twice now in the past 20 years, a Democratic president has had to come in and clean up the mess," she said.
She never mentioned that her husband, Bill Clinton, cut the capital tax in his second term that triggered soaring economic growth and pounded the unemployment rate to 4 percent.
Entirely absent from her remedial remarks were policy initiatives to boost economic growth, new job creation, business expansion and higher incomes.
That requires unlocking investment capital -- a term she doesn't understand and never uses -- by cutting capital gains tax rates that Obama raised. And by lowering the top corporate tax rate that is the highest in the industrialized world and has sent jobs overseas.
There is no hint of this in any of her proposals. Instead, it's full of sweeping government regulations of businesses, new rules to encourage shareholder activism that will raise their costs, kill jobs and further reduce new business start-ups.
The nonpartisan Congressional Budget Office, which crunches the costs of all proposed legislation, warns that raising the minimum wage -- as Clinton proposes -- would kill between 500,000 to 1 million jobs among struggling employers who would be forced to reduce their work force in order to stay in business.
If you had to choose just one word that would perfectly describe the Obama economy, it would be "uncertainty."
And it is that uncertainty that has locked up capital that is the mother's milk of business expansion, job creation and economic growth.
The biggest complaint in the business community today is the decline in capital investment. Hillary Clinton's plan has uncertainty written all over it.
The Democratic Party today has become anti-business, anti-wealth, and certainly anti-capitalism in a free-market system that has made America the richest economy in the world.
What has happened to the party of John F. Kennedy who ran for president on an economic agenda for across the board income tax cuts to "get America moving again"?
When the anti-capitalism zealots in his party said his tax cuts would only enrich the wealthy, he replied, "a rising tide lifts all boats."
There were those who said the tax cuts would balloon the deficit, but at the end of the 1960s, the government was running a budget surplus as a result of much stronger economic growth.
As the years wore on, just the mention of tax cuts drew angry responses from rank-and-file Democrats. At a 2008 party gathering of presidential candidates in Washington, D.C., New Mexico Gov. Bill Richardson mentioned he had cut taxes and was booed.
Such is the tax-crazed disease that now infects every nook and cranny of the Democratic Party's base.
The economy we suffer from today is shrinking, both in terms of its growth rate and work force where millions of discouraged, unemployed workers have stopped looking for a job and are no longer counted as unemployed.
Now Hillary Clinton says she wants to raise tax rates even more -- the 16th Century equivalent of bleeding sick patients to make them well -- and thus further weakening our nation's fragile economy and putting more people out of work.
A presidential candidate who needs 200 economic advisers to help her decide how to fix a failing economy shouldn't be allowed anywhere near the White House.
In other words divisive, non productive, self contradictory, and generally full of sh@t. If modern liberal Democrat talking points such as these did not have these elements, they would not be modern liberal Democrat talking points.
Hillary thinks growing the government is economic growth, and you can’t grow the government without more taxes.
Hitlery is another Obama: lying, America-hating Marxist, Version 2.0. All you have to do is just listen to the “Communist Manifesto” spraying out of her mouth every time she opens it. Lies, corruption, treason, crime, theft...you name it...she would deliver it all.
Growth and fairness? You can always tell when a far-left Democrat is lying...they always use the word “fair” in it somewhere. It translates into “I am going to take from the providers and give to the losers...FOR POWER AND CONTROL.”
In the beginning was the plan.
And then came the assumptions.
And the assumptions were without form.
And the plan was without substance.
And darkness was upon the face of the workers.
And they spoke among themselves saying,
“It is a crock of shit and it stinketh.”
And the workers went unto their supervisors and said,
“It is a pail of dung and none may abide the odor thereof.”
And the supervisor went unto their managers and said,
“It is a container of excrement and it is very strong, such that none may abide by it.”
And the managers went unto their directors, saying,
“It is a vessel of fertilizer, and none may abide its strength.”
And the directors spoke among themselves, saying to one another,
“It contains that which aids plant growth and it is very strong.”
And the directors went unto the vice presidents, saying unto them,
“It promotes growth and is very powerful.”
And the vice presidents went unto the president, saying unto him,
“The new plan will promote the growth and vigor of the company, with powerful effects.”
And the president looked upon the plan and saw that it was good.
And the plan became policy.
This is how shit happens.
Whether her ‘plan’ will actually work is totally irrelevant to her base. All they care about is class warfare, and the consequences be damned.
Would someone PLEASE lock this twit up and throw the key away?
If I were a Democrat, I would be embarassed to be in the same party with this malprogramed robot.
How does she get anybody to report her inane pronouncements?
Everything Hillary knows about creating jobs fits under Donald Trump’s left pinkie nail.
Hillary’s job, Killing Growth and Fairness
There, fixed it.
Lol
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