Hillary: Bill to Be in Charge of Economic Revitalization

[Archaea]

Originally Posted by ChinoCoug

It was only partially a bubble. Most of it was real and due to productivity growth. Bringing the deficit down and gaining the confidence of Wall Street.

The economy is largely a psychological ploy. If Wall Street and investors believe they will net returns, then manufacturing increases and risk ventures are undertaken.

He "brought" down the deficit by acceding to some of the demands of Republicans, and raising taxes to exorbitant levels. You give Bill far too much credit. Structurally, he did not set into place policies that benefited the economy.

[ChinoCoug]

Originally Posted by Archaea

The economy is largely a psychological ploy. If Wall Street and investors believe they will net returns, then manufacturing increases and risk ventures are undertaken.

He "brought" down the deficit by acceding to some of the demands of Republicans, and raising taxes to exorbitant levels. You give Bill far too much credit. Structurally, he did not set into place policies that benefited the economy.

There was real efficiency gains and productivity growth during the Clinton years. Bubble? Some.

Studies have shown the rich people's labor supply is insensitive to changes in the tax code. So to raise their rates to 39% is consonant with empirical findings. And lo and behold, it worked amazingly well, as the economy chugged along. Innovation surged from the birth of the internet. Clinton's policies worked spectacularly.

And yes, you are correct and ceding to Republican demands. Clinton had credibility to ask Republicans forgo tax cuts for the rich because he gave up liberal demands for more infrastructure spending. Like Alan Greenspan, who is a libertarian, said, Clinton created a deficit-cutting competition between Democrats and Republicans. Those days are long gone.

But he didn't cede to ALL Republican demands. The original GOP version of the welfare reform bill didn't provide child care, which mothers need in order to work. The GOP bill would've been a disaster. The final one Clinton signed still had a few draconian GOP provisions in it, but it was workable. Republicans just want to throw widows and poor people out onto the street so they can starve, while Clinton wanted them to find work and become self-sufficient.

And then Bush comes in and blows the deficit out of control again, just like Reagan did. Even this year, every Republican candidate (except possibly Kasich) had irresponsible budget plans.

Hillary might be corrupt, but she is the only one able to bring back the Clinton years.

[ChinoCoug]

During the Clinton years, every decile of Americans, from the bottom 10% to the top 10%, saw their incomes grow. Demand for jobs was so high that even the most racist managers had to hire women, minorities, and disabled people.

[Archaea]

Hillary doesn't have the ability to get along with the GOP.

[ChinoCoug]

Anybody who enables Trump's victory is nuts.

[Archaea]

Originally Posted by ChinoCoug

Anybody who enables Trump's victory is nuts.

Hillary is wrong on all major, substantive issues. Wrong. She is wrong on liberties. She is wrong on foreign policy. She is wrong on taxes. She is wrong on spending. She is wrong on immigration. She is hateful, she can't get along with the GOP.

Trump is wrong on most issues, but if he were elected, he would need the cooperation of the GOP, or he would be incapable of getting anything done. Thus, because the GOP is better than the Democrats on the issues, is it better to entrust the Democratic Party which is wrong on all major issues or to entrust it to the GOP which is right on a few issues?

The Dems do nothing right. The GOP does one or two things right. That is not a ringing endorsement but it is a strategic vote.

[ChinoCoug]

Tell me which one of Trump's policies isn't absolute bonkers.

Ban Muslim immigration.
Default on our debt.
45% tariff on Chinese goods.
Build a wall on Mexican border.

Also, tell me why his support base is comprised of White nationalists and those without college educations.

Ku Klux Klan? What? I don't know anything about them.

[ChinoCoug]

Wrong > Bonkers.

[Archaea]

Originally Posted by ChinoCoug

Tell me which one of Trump's policies isn't absolute bonkers.

Ban Muslim immigration.
Default on our debt.
45% tariff on Chinese goods.
Build a wall on Mexican border.

Also, tell me why his support base is comprised of White nationalists and those without college educations.

Ku Klux Klan? What? I don't know anything about them.

I am not defending Trump, but Hillary is indefensible.

I actually stopped listening to Trump because he drives me nuts, but recently I have heard it reported he would identify whom he would consider for Supreme Court nominees. Hillary has stated she will use her appointments to overturn Heller, which she argues is wrongly decided. IOW, US citizens have no right of self-defense and no right to bear arms. This is a vital liberty. Trump has no wonderful history on this but has indicated he won't seek to eviscerate this liberty.

None of those nonsensical positions will he be able to implement. Some of Hillary's nonsensical positions might be implemented. That is the major difference. Trump will be cordoned off but Hillary will have power to do real damage. Moreover, the Democratic Party will eliminate personal liberties, wreak havoc on the healthcare system, raise taxes dramatically and increase spending thereby growing government exorbitantly. That must be stopped above all else.

[ChinoCoug]

Government spending as a % of GDP was lower under Clinton than Bush.

GOP are the irresponsible spenders, not to mention lapping up to their donors with tax cuts for the wealthy and creating social instability by exacerbating income inequality.

Nobody since Bill Clinton has been fiscally responsible. Nobody. Obama was better than Bush; he cut discretionary spending, but still widened the deficit.