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Donald Trump, Hillary Clinton Spar Over Economic Proposals

WSJ Original article ›
LyrArc Article Gist
Trump says he supports the House Republican tax plan for three brackets 12%, 25% and 33%. In his earlier proposal Trump has supported a top rate of 25%. He made these comments, including support for deducting childcare costs, in a speech at the Economic Club of Detroit. Trump did not repeat a call for repealing Dodd-Frank bank supervision legislation. Clinton was critical of Trump's economic team of business people from hedge funds and the real estate industry, saying this was another example of "trickle down economics,"  for giving  "super big tax breaks to large corporations." Michigan has not voted Republican since 1988, and the auto industry rescue was organized by president Obama, a point heavily advertised in the 2012 presidential campaign. Romney had opposed the rescue effort, and during the 2012 campaign the WSJ reports say  Trump called the bailout of automakers a mistake because of expansion overseas.


Donald Trump's economic advisory team with John Paulson, and many businessmen from the hedge funds and financial industry- at odds with the image of being with Main Street

08/05/2016

The 2008 financial crisis hurt the prospects of older white Americans who faced higher unemployment. It also led to the rescue of the financial industry and rates dropping to zero hurting the savings of ordinary Americans, and as the FDIC's Sheila Bair pointed out not much done to rescue homeowners under water. During the 2008 election candidates John McCain and Barrack Obama, both had connections to the real estate and financial industry, to lobbyists for Fannie Mae and Freddie Mac, as cited in the media. This time is no different with Clinton and Trump both having connections to Wall Street yet seeking the support of ordinary Americans hurt by the 2008 financial crisis. The only difference is that Clinton faces a movement within her party led by Bernie Sanders that calls for a different approach this time. There is also little difference between the economic team that Jeb Bush put together in its connections to Wall Street with Columbia University Business School Dean Hubbard and that of Trump.

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Donald Trump, Hillary Clinton Spar Over Economic Proposals

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2016 U.S. presidential election- matching programs and slogans for improving the life of the middle and working class

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Ultimately politicians have to deliver and you need well planned programs, specifics for action, to build infrastructure, to create jobs, and to increase wages and incomes for people working in the service economy and in manufacturing industries- how this happens as anger is being vented through slogans and the wall itself becomes a metaphor for those left out in the last 2 decades of tech based prosperity, is itself a question in the 2016 U.S. presidential elction.

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Voices From Donald Trump’s Rallies, Uncensored

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Donald Trump, Hillary Clinton Spar Over Economic Proposals

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Trump a Working-Class Hero? A Blue-Collar Town Debates His Credentials

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Apple should repay Ireland 13bn euros, European Commission rules - BBC News

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12/22/2015

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Hillary Clinton Confidently Embraces Bill Clinton’s Economic Record

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Clinton Offers Economic Plan Focused on Jobs

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Bernie Sanders Endorses Ex-Rival Hillary Clinton, Ending Democratic Primary Campaign

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Donald Trump, Hillary Clinton Spar Over Economic Proposals

WSJ 08/09/2016

Trump’s Empire: a Maze of Debts and Opaque Ties

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