Clinton Presidency Would Be Expensive
One of those “fact check” analyses of presidential candidate Donald Trump’s speech on the economy made the limits of such writing very clear. In a nutshell, one of its conclusions was simplistic — and very misleading.
Trump gave a major speech Monday, outlining his plans for tax cuts intended to get the economy out of the doldrums. He accused his opponent, Hillary Clinton, of proposing to increase taxes on middle-income Americans.
She never said that, the fact checkers pointed out.
True enough. But Clinton’s policies would take more money out of the pockets of all Americans, including the middle class and the poor.
Her plan to finish the work started by President Barack Obama, of wrecking the coal industry and shutting down coal-fired power plants, would mean much higher electric bills for tens of millions of families. Some could pay as much as $1,000 a year more for electricity.
Not a tax increase? It depends on how you define government taking money out of your pocket.
Clinton’s plans for the oil and natural gas industries also would increase the cost of living for many people. So would adding to the national debt. So would several of her proposals.
Unless you believe money grows on trees, it is clear a Clinton presidency would cost nearly all of us more money in indirect taxation.
So yes, by all means — check the facts.