- The Washington Times - Thursday, August 11, 2016
Hillary Clinton vowed Thursday to kill the Pacific trade deal that she helped push just a few years ago as President Obama’s top diplomat, hoping to win over wavering liberals and steal some of the anti-trade thunder from Republican presidential nominee Donald Trump.
Mrs. Clinton also promised an expansive role for the government in managing the U.S. economy, calling for higher taxes to fund more infrastructure, more regulations to rein in Wall Street, a new phase of Obamacare, a round of school construction and incentives to get businesses to hire blue-collar workers and do more manufacturing in the U.S.
The Democratic presidential nominee took pages from Mr. Obama’s economic plans, echoing his calls for an infrastructure bank and a clean energy surge. Still, she kept the president at arm’s length by acknowledging “very real economic challenges” throughout his eight years in office.
“There is too much inequality, too little upward mobility. It is just too hard to get ahead today,” she said. “But there are common-sense things that your government could do that would give Americans more opportunities to succeed.”
Her solutions also borrowed from Sen. Bernard Sanders, big-business advocates and even her husband, former President Bill Clinton, resulting in an economic plan that tried to offer a little of something to everyone.
For college students, she promised debt-free tuition. For those who don’t want to go to college, she said the government should help them learn skills. For struggling communities, she said she would expand a controversial tax credit. For those worried about income disparity, she said she would impose a minimum tax to force the wealthy to pony up. For those upset over the Wall Street crash, she promised more financial regulations. For small businesses, she said she would simplify their taxes so it’s “as easy as printing out a bank statement.