Posted on 07/28/2016 3:14:23 AM PDT by expat_panama
Democratic Convention: What can you expect from economic policy from a Hillary Clinton White House? You already know. Just look at the last 7-1/2 years under President Obama.
Those expecting a new direction for the economy under a future possible President Clinton will likely be deeply disappointed...
...Tanden, was clear on one thing: "All of our policies must raise median wages for American workers ... (Hillary Clinton) is going to focus her presidency on rising inequality and stagnant wages."
While laudable, how would Clinton do that? The answer is:... ..."shovel-ready" infrastructure projects...
...leaving the American taxpayers with trillions of dollars more of debt, permanently higher spending... ...costing the economy nearly $2 trillion in lost GDP...
...As to rising corporate profits, Democrats actually see this as a problem to be solved. Why? Because wages aren't going up. But wages are a function of investment. And Democrats have made it quite clear their policies will be investment unfriendly.
Tanden also vowed to focus on the "challenges of short-term-ism in the corporate culture."...
...as for economic growth, nothing...
...As the party has turned dramatically to the left, it sees only redistribution — not growth — as the answer to every problem. But redistribution crosses a line and eventually becomes theft.
This has defined the Obama era, and it appears it will define the Clinton era, too. Instead of tax cuts, entitlement reform, and repeal of ObamaCare, Hillary promises tax hikes, less free trade and an attempt to bring back a 1932 law — Glass-Steagall — to regulate the banking system.
Hillarynomics doesn't look like change you can believe in. Just more of the same.
(Excerpt) Read more at investors.com ...
Awesome that she was stupid enough to connect herself to Obama last night. And then incredibly, she took Trumps bait yesterday and connected her 30,000 missing emails to being a national security issue. “Smart woman” my ass!
No one understands workers about the national debt On the Democratic side, they have a short sighted view of money and handouts at the expense of the health of our economy. It’s like someone who is 1000 pounds, it is too great a number to understand nor fight
Stagnant wages are not helped by continuing to flood the job market with fraudulently documented foreigners.
What the Dims never consider is if you raise the minimum wage, “cheap” stuff is no longer going to be cheap, because businesses have to raise prices. Often manufacturers are forced to raise prices not by the buying public or by “greed” as the Dims would have you believe but by the distributors to double or triple what the costs could be.
This is because items need to sell a high volume to be “cheap” enough for distributors to sell, stock and distribute. If wages go up, prices on those items go up, both from production and distribution. Higher wages plus less sales mean more expensive items. Dims would have you believe that “just raising wages” fixes that. It doesn’t, it just makes the problem worse.
Don't have to worry about it. This lying slimy slug won't be in the White House!
That squealing about equal pay for women is a scam too.
UNEQUAL PAY by the WITCH
http://www.usnews.com/opinion/articles/2016-05-12/hillary-clintons-equal-pay-hypocrisy
http://www.washingtontimes.com/news/2016/apr/18/editorial-hillary-clintons-gender-wage-gap-fallacy/
And higher gas/fuel prices mean higher food prices, and heating your home. Bread, eggs, meat (even the cheap stuff) and milk now cost more than gas and those are just staples.
A half gallon of skim milk I(YUCK colored water) is $2 store brand depending on your area in the country, which comes from the same dairy as the name brand. Ditto goes for plain whole wheat bread why should one be $1.25 and the name brand over $3?. Labels read about the same for ingredients and nutrition, I know I have to read the tiny printed junk for sodium and cholesterol info. Same goes for canned veggies and fruit. Margarine cost as much as butter now. And it’s not digestible nor does it taste good.
The sad part is that under Paul Ryan I have no doubt that Congressional Republicans will fall for it again.
Hillarynomics has interesting parallels to the economic ideas of the less-intelligent queens in Europe’s history.
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