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Wednesday, October 19, 2016

Economic security

ANALYSIS: 300 Economists Reject Clinton's Economic Agenda Which Could Impact Homeland, National Security

More than 300 leading economists recently called for the rejection of Democratic presidential candidate Hillary Clinton’s economic agenda. A statement by these leading academic economists “cited an underperforming US economy as vulnerable to stagnation under Clinton’s outdated policy prescriptions” -- which could impact both homeland and national defense spending.

“If you look at Clinton’s promises for more debt-financed programs, higher taxes on investments and families, and a continued regulatory assault, it’s clear these ideas would be harmful to US growth,” said former Office of Management and Budget Director James Miller III. “It’s a promise for more of the same harmful policies that have stifled US growth since the recession.”

“In an economy with millions of Americans having dropped out of the workforce, a $12 an hour federal minimum wage and stalling development of American energy are job-killing ideas,” said prominent national economist Larry Kudlow.  “The right prescription is limited but effective government, restrained spending and sound money.”

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