Hillary Clinton win = what for the economy?

[piezoe]

I appreciate your post and explanation of economic theories. Your post is also an example of why the average guy in the street just has their eyes glaze over when debating all of this. The guy in the street wants to know one thing and one thing only. Does this get me a job? Period, that's it.
I agree that a massive infrastructure rebuild will stimulate the economy. It will require a tax to finance it, and there's the rub. You say tax and the republicans have their knee jerk response. tax bad, very bad. The dems have their knee jerk response. Tax good, more to steal and enrich ourselves. To be fair the repubs love to steal tax dollars as well.
This only works if it is presented properly and the tax dollars aren't funneled into the general fund scam. You simply tell the people, you want a job or not. Yeah, it's going to cost you a couple percent off the top, but you'll have a job, a really good job. Hardhats understand this philosophy. You pay some, you get some. They also need to be told that this isn't just construction, it's also manufacturing which will get a boost. Steel industry will boom and that mean all those smaller shops that provide service to big steel will thrive. Everyone got themselves a good job, their spending, it all flows through the entire economy. Simple as this is to understand I don't expect the stupid fucks in DC to be able to explain it.
The next aspect is the difficult part. It will require all of the crooks in DC to keep their hands off the money. Every penny of this new tax needs to be separate from everything else. No general fund scam. No way for them to funnel it to other places. Anyone caught doing that should be executed immediately. (Unlikely, so I'll settle for being thrown out of office) The entire project needs independent oversight and constant third party monitoring. Not some fucking committee of politicians. Independent contractors. It also requires a mandate that all steel, all equipment, everything, and I mean every single thing right down to the nuts and bolts, all of it manufactured in the United States. Not just a US company making it overseas, no that won't do. Has to be made right here on US soil. All of it, no exceptions. Will that drive up the cost? yes. Who gives a fuck, we're financing the whole thing anyway.
Do this and the economy booms. Don't and we drag along, Wall Street does well, the rich get richer and the rest trudge the road, and are told to fund a 401K that is meaningless to them because they're not making enough money to fund anything. Don't get me started on the 401K scam.
Do I expect this to be implemented by either of the nitwits running for office. Absolutely not. It's too simple. We'll continue to discuss economic theory like the ones you presented and nothing will improve for the working man and woman. But hey, Hillary will give'em a worthless collage degree and shitty healthcare that is unaffordable. What will Trump deliver? Who knows, but it might be fun to watch. I'm going for the entertainment value.

You have a nice grasp of reality in my opinion, and you are clearly right about so many things! (If you wanted to run for public office, I could see myself supporting you.) Especially you are right about how the average citizen's eyes will glaze over if one drifts off into economic detail. I am a student of economics so I beg your forgiveness on this most glaring of my faults.

I'm thinking that what many of us presume to be a general crookedness in our politicians is not that so much as it is a result of what they, the politicians, believe they have to do to get elected and then to keep their jobs. I'm referring to funding of political campaigns, and acquiescing to lobbyists. As part of her platform, Clinton has adopted repeal of 'Citizens United,' something I strongly favor, whereas Republicans seem favorably disposed toward 'Citizens.' And Trump is silent on it. No?

In the long run, in addition to all of us being dead, we will have to accept that when the internet arrived a new paradigm of commerce and education entered our world. It seems to be in the nature of our species that the older we are the more we will be given to denial. Nevertheless, it is impossible for us to go back; if for no other reason than today's six-year-olds are not going to let that happen!

Let's choose our politicians wisely knowing that there is no going back. There is only denial and strife or acceptance, adjustment and adaptation. Clinton has shown in her campaign that she can adapt. She has adopted nearly two-thirds of the Sander's initiatives! The other candidate has also shown that he can adapt; a different position weekly, or oftener, on each issue. What kind of leadership is such a person so incapable of introspection or analysis capable of?

 

[piezoe]

There are a number of flaws in your post and I don't have time to address them all so lets just touch on the opening thoughts. You've proven to be totally behind on relevant news and this is just another example. There is no way the most war hawkish candidate in in recent history is going to "hold in check" or reduce the defense budget. Utterly laughable..

Here are some liberal sources for you if you are oblivious enough to doubt she is hawkish:
http://www.nytimes.com/2016/04/24/magazine/how-hillary-clinton-became-a-hawk.html
http://www.salon.com/2016/04/27/dem...ght_shes_a_bigger_hawk_than_the_republicanse/

I'm aware of this. I'm strictly opposed to going to war with anyone without congressional. approval. I am strictly opposed to American lives being put in harms way to defend U.S. corporate interests abroad. Let the corporations hire mercenaries if they will. I believe in absolute and strict adherence to the war powers act. I like Obama's policy of extremely limited involvement of U.S. service personnel on the ground in the Middle East. It is a wise policy. In these same regards I fear Trump even more than Clinton!

Let us keep in mind that operational funding of America's continuous wars is by special appropriation; not the DOD appropriation. We can cut Defense a bit by holding it's appropriation constant in the face of inflation. A policy I favor. I think Hillary will look to the defense regular budget for places to cut with minimal impact on Service personnel. Defense contractors would take a manageable hits.

 

[piezoe]

A good, well thought out summary. I agree with some points and disagree with others. It is excellent to see some in-depth polite debate on P&R rather than the usual slinging of mud.

Thank you.

 

[Ricter]

I probably wrote something ineptly. Not unusual for me. I think in terms of supply-side stimulus versus demand side stimulus. And I'm a bit confused by the expression 'supply-side recession'. Did I write that? Despite my admiration for the two great economists Hayek and Friedman, it seems the debate should be over by now. Nevertheless, their ideas, or the misinterpretation of them, that have proved wrong or unfruitful in practice, somehow refuse to die. This observation was behind the title of John Quiggin's (The Australian economist) brilliant little book, "Zombie Economics".

Or maybe I wrote innacurately. I call Volcker's recession a supply side recession.

 

[profitlocker]

Thank god we don't have to listen to that useless bitch for the next 4 years.

Here is what I believe led to her defeat:

"It's the Economy Stupid"

Hillary should have listened to her husbands advisors. She lost because she was defeated in rust belt states that Trump flipped. When O'Bama won these states in 08' and 12' nobody was saying they were racist, homophobic or whatever is the democrats subset victim group du jour. They did not suddenly become deplorables in 16'.

The economic and employment situations in these states is not good. Trump tapped into this economic discontent The hyped-up jobs numbers coming out of the labor department were not all that rosy. New jobs being created were low paying and part time. The liberal elites may not have realized this fact, but the citizens of theses states felt the effects. Throw the recent O'Bama care increases into the mix and you create a perfect storm.

As usual the economy ruled the day. If the elites don't realize this the Trumps of the world will continue to win.