Hillary Clinton has learned nothing from Obama's economic failures
Insanity Once More: The Hillary Clinton Economic PlanDemocrats would rather harm the economy and growth in the name of "fairness" than have robust growth which would increase revenue to the government.
A recent Wall Street Journal news headline proclaimed: “The Worst Expansion Since World War II.” The story noted that this lackluster economic expansion is actually getting weaker.
Another recent Journal headline asserted: “Productivity Slump Threatens Economy’s Long-Term Growth.” The story noted that output per hour is experiencing the longest losing streak since 1979. The U-6 underemployment rate stands twice as high as the traditional unemployment (U-3) rate.
Yet Obama has continued to do the same thing over and over again.
And now comes Hillary Clinton’s economic plan, which will deliver more stagnant growth, falling wages, dropping productivity, and depressed investment.
Now here’s the question: By repeating Obama’s policies, how does she expect the economy to do any better than it did during Obama’s presidency?
Clinton’s goal is not economic growth, but reducing inequality and social injustice in the name of “fairness.” But she never tells us what “fair” means, although we know it’s code for higher taxes and larger government.