Sunday, August 21, 2016

SERVANT OF HER WALL STREET PAYMASTERS: Clinton's economic plans likely to boost her corporate donors

Clinton's economic plans likely to boost her corporate donors: Hillary Clinton spent the past two weeks rolling out economic proposals that include the biggest investment in new, good-paying jobs since World War II and a tax hike on corporations and the wealthy, which could create lucrative opportunities for many of the corporations that have lined her campaign coffers. She has proposed refurbishing the electrical grid to make it clean, and establishing a government-run bank that would steer taxpayer funds toward the private companies that are chosen to implement her projects. One ambitious aspect of her plan involves extending broadband access to every American household by 2020. Similar efforts launched by President Obama through the 2009 stimulus package have yielded little more than boondoggles for companies that lined up to take public money. However, Clinton indicated at a campaign stop in Michigan last week that she would pursue the same formula as part of her economic agenda.

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