Election Day is right around the corner — just three months away — and in preparation the Clinton campaign has released an economic plan for the candidate’s first 100 days in office. The plan lays out the investments to be made in the infrastructure, manufacturing and energy sectors as well as the support she’ll lend to small businesses and scientific research.
Get ready for orange barrels and detours. Clinton plans on making the biggest contribution of dollars toward ‘good-paying jobs’ since World War II, according to the press release, which means repairing Ohio’s roughly 183 structurally deficient bridges, expanding public transit and modernizing power grids, if she can get past a Congress gridlock.
Singing the tune of the old Sanders campaign, Clinton’s economic plan taxes the rich and opposes the Trans Pacific Partnership, a trade deal she previously supported as the ‘gold standard.’
“We will make companies that move overseas pay a new ‘exit tax,’ so they think twice about avoiding paying their fair share, and we will make companies pay us back when they take tax breaks and then ship jobs abroad,” said the press release. “We will enforce existing trade laws so they protect American businesses and workers, while rejecting trade deals, like the Trans-Pacific Partnership, that do not put U.S job creation first.”
Attempting to appeal to Ohioans specifically, the plan proposes adding to the 700,000 manufacturing jobs in Ohio and making the state the “first choice for production.”
One of the biggest goals of Clinton’s economic plan, should she be elected, is her alternative energy agenda, which aims to solar-power every house in the country within the next ten years.
“We will set bold goals like installing half a billion solar panels by the end of Hillary’s first term and generating enough clean renewable energy to power every home in America — including all 4.6 million households in Ohio — within a decade,” the release said.
Small businesses are promised less red tape and lower taxes under Clinton’s plan. Entrepreneurs in underserved communities across the nation can look forward to a $25 billion investment to spur business growth in those areas.
Another investment of over $188 million is set to aid research and development in Ohio, especially in diseases like Alzheimers and Autism, and Clinton established the miracle goal of curing Alzheimers by 2025.
Republican candidate for president, Donald Trump, responded to Clinton’s economic plan, claiming it’d tax small business owners at “almost 50 percent,” a number debunked by Politifact. Trump delivered a speech in Detroit on his economic plan, which included an across-the-board income tax cut to 15 percent for all businesses.
“All Hillary Clinton has to offer is more of the same: more taxes, more regulations, more bureaucrats, more restrictions on American energy and on American production,” Trump said. “More of that.”
Mark Zandi, an independent economist and former advisor for John McCain, released an independent analysis of each candidate’s economic policy plan. According to his research, Clinton’s plan would add 10.4 million jobs nationally (376,000 statewide) in her first term. Trumps plan, in contrast, would create a ‘lengthy recession’ and lose 3.4 million jobs nationally (68,000 jobs statewide).