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Clinton's economic stimulus plan
If Washington and Lee’s Mock Convention prediction is correct, how will Hillary Clinton address the economic issues facing Americans today? Clinton’s economic platform is embodied in her “five-point plan,” which includes proposals for solving the housing crisis and her signature policy plan: so-called green-collar jobs. Clinton proposes to invest $30 billion into energy efficiency, which, she says, would create jobs for people in a new “green” sector. The “Go Green” movement, as she calls it, would boost the economy with new jobs while making the country less dependent on foreign oil, she says. It would also enforce environmental responsibility, a central point in her platform. For the housing crisis, Clinton proposes to spend $30 billion on foreclosure relief. According to a report on Politico.com, she has also called for a 90-day moratorium on subprime foreclosures and a freeze on subprime mortgage rates. Other points in Clinton’s plan include $25 billion to aid families who can’t afford heating, and unemployment insurance for workers who have been laid off for long periods. Clinton, who has staked her career as a senator from New York on her ability to connect with blue-collar workers, told The New York Times the middle class is “stalled.” She said her plan would provide short-term relief for middle class families suffering the effects of a slow economy and help stabilize inequalities in society. “The American dream is premised on a growing economy,” she said. “If [people] are willing to work hard, they will realize the fruits of their labor.” |
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