Hello readers! This is the review of the Clinton economic plan. It’s the final part in what has been an incredibly laboring article series. I’ve always researched my candidates for election and spent a few hours doing so. However, to double back and then check sources, facts, and figures only to really dissect the potential economic outcomes was a lot of time. All told, I spent seven hours researching Trump and another seven writing the articles; for Clinton, I spent about 10 hours researching and 10 hours writing the articles.
As I discussed in Part 1, Clinton’s tax policy should raise government revenues by $1.1Trillion over 10 years. This is a key component of her overall vision. She has plans and ideas to revamp nearly every facet of American economics and social norms. As some commenters have brought up, it will likely be a struggle to pass these kinds of tax reforms. Consequently, it will be even harder to shape the country like she wants without more deficit financing if she doesn’t get those tax reforms. To add more trouble Obama apparently had a tense meeting at yesterday’s G20 Summit. The word on the street is that he and China’s President, Xi Jinping, had a bumpy start on talks of protectionist views and unfair trading practices. China is one of our largest financiers of deficit spending, as they are one of the largest buyers of available Treasury Bonds. Shaking up the politics now, could lead to financial consequences later.
With all that on our mind though, let’s dig into the Clinton economic plan! Continue reading