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The Clinton Plan’s Growth Deficit
Wall Street Journal ^ | August 11, 2016 | JOHN H. COCHRANE

Posted on 08/12/2016 12:17:05 PM PDT by reaganaut1

...

In return for more spending, Mrs. Clinton could have offered serious structural reforms: repeal of Davis-Bacon, time limits on environmental reviews, serious cost-benefit analysis, and so forth. Such a package would have been irresistible.

Instead her plan simply asserts that Mrs. Clinton will “break through Washington gridlock” and “cut red tape”—promises made and forgotten by every presidential candidate in living memory. If the Sierra Club sues to block her worthy commitment to “upgrade our dams and levees,” will she really short-circuit the legal process, and how?

The rest of Mrs. Clinton’s economic agenda is a thousand-course smorgasbord of government expansions, with the same deficiencies. A random sample: Higher taxes on capital gains and corporations. New taxes on financial transactions. A corporate exit tax. Paid leave. Free college. A higher minimum wage. More federal training programs. Tax credits for apprenticeships and profit-sharing programs. A “new markets” credit. Rural business investment cooperatives. The Paycheck Fairness Act. “Make it in America Partnerships.” And on and on.

Moreover, much of it is merely aspiration, without (yet) concrete action: “Restore collective bargaining rights.” “Strengthen overtime rules.” “Make quality affordable childcare a reality.” “Ensure that the jobs of the future in caregiving and services are good-paying jobs.” “Break down barriers to make affordable housing and homeownership possible for hard working families.” And on and on and on.

The “plan” offers neither a strategy for enactment, nor thought about why these are problems in the first place. Yes, it’s hard to find quality affordable childcare. Why? Could licensing, zoning, teachers unions, minimum wages, ObamaCare mandates, employee time rules, taxes, immigration restrictions and the like have something to do with it? Apparently, every problem in America occurs because the president did not “fight” hard enough for new programs and against the dark forces that oppose progress.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Editorial; News/Current Events; Politics/Elections
KEYWORDS: badeconomy; clinton; elections; hillary; hillaryclinton; lessfreedom; moredebt; moregovernment; morespending; moretaxes; nazi; socialism; trumpwasright

1 posted on 08/12/2016 12:17:05 PM PDT by reaganaut1
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To: reaganaut1

Hillary’s not offering actual solutions - she’s giving soccer moms talking points. And they have to be short enough so that these drunken whores can repeat them while waving their white wine in each others faces. That’s it - there isn’t anything else. No other target for her words.


2 posted on 08/12/2016 1:34:20 PM PDT by Talisker (One who commands, must obey.)
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