Mind and Destiny

“I make no pretension to patriotism. So long as my voice can be heard ... I will hold up America to the lightning scorn of moral indignation. In doing this, I shall feel myself discharging the duty of a true patriot; for he is a lover of his country who rebukes and does not excuse its sins. It is righteousness that exalteth a nation while sin is a reproach to any people.”- Frederick Douglass

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Location: Delhi, N.Y., United States

The author and his webmaster, summer of 1965.

Saturday, October 22, 2016

Middle Out Growth


Donald Trump has been criticizing our government for decades.  In 1987, he took out a one hundred thousand dollar ad in the New York Times, to criticize President Ronald Reagan.  He basically claimed that we were the laughing stock of the world. 

Even back then Trump injected himself into situations by claiming that he alone could fix problems, just as he has been claiming in the recent presidential debates.

Technology has made it easier for companies to eliminate certain occupations.  Families began relying on two earners as women began competing for jobs in the workforce.  As a trickle-down ideology became more prominent, taxes were slashed for the wealthy, and investments in schools and infrastructure were allowed to shrink.  

If you examine the tax plans that Clinton and Trump have proposed, you’ll find that Hillary’s plan pays for everything that she is proposing.  Her plan doesn’t add a penny to the national debt.  She recognizes that our national debt is a serious problem, that both Congress and our future President have got to come to grips with.

Regarding Hillary Clinton’s plan to pay for college education, more investments in infrastructure, and how we're going to get the cost of prescription drugs down, she has been clear.  The money is going to be coming from those very wealthy individuals and very profitable corporations, who haven’t been required to pay their fair share for many years. 

There is no evidence whatsoever that requiring them to pay their fair share will slow down our economy or diminish job growth. 

Economists refer to the Democratic plan to pay down our national debt as middle-out growth.  It rebuilds the middle class, because that's where most economic growth comes from.  It's an alternative to trickle-down economics and the fairest way to grow our economy. 

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