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Presidential Debate 3: Jobs & Growth

Though I was shocked to realize that neither education nor healthcare—two giant issues—were chosen as topics for any of the 3 debates, in the end, it’s still ‘the economy, stupid’. Through all the diversions, and outrageous, unseemly and sad degradation of this election, that is still the take away for me.

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Whatever you think of the candidates, too many people really are suffering as the American Dream drifts further and further away, and that’s not going to change until we deal with our chronic reality of stagnant wages and low growth. That is why, though the official topics are Debt & Entitlements, Immigration, Economy, Supreme Court, Foreign Hot Spots and Fitness to be President, I am focussing on the Economy and Jobs for my debate Questions in this blog.

For Secretary Clinton:

On your website under An Economy That Works For Everyone, you say you will fight to pass a plan in the first 100 days to invest in infrastructure, manufacturing, research and technology, clean energy, and small businesses.
ATQ: Could you give one specific example of how you would invest in each of those categories? Also, in which of those areas will the most jobs be created?

Under Jobs & Wages, you write that you will: Advance our commitment to research and technology in order to create the industries and jobs of the future.
ATQ: What are the jobs of the future? What percentage of the unemployed could realistically be retrained for those jobs? Please Cite The Basis for your answers.

You also claim you will ensure caregiving and services jobs of the future are good-paying jobs.
ATQ: How will you ensure this when healthcare costs are running out of control? Again, Cite The Basis for answers.

Under Manufacturing, you plan to: Strengthen American manufacturing through a $10 billion investment in “Make it in America” partnerships that bring together workers and labor, business, universities, community colleges, and government at every level to harness the strength of manufacturing communities across America.
ATQ: How exactly will this work?

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For Mr. Trump:

On the Economy page of your website, you list as the first item of your vision: Create a dynamic booming economy that will create 25 million new jobs over the next decade by sweeping reforms in tax, trade, energy and regulatory policies.
ATQ: Please apportion the 25 million jobs created to the four areas of reform you list, and Cite The Basis for each.

On your Fact Sheet link, you state: Every income group receives a tax cut under the Trump plan, with million more being removed from the income tax rolls and low-income Americans paying no income tax at all.
ATQ: How much will this grow the deficit? If you pay for these tax cuts, what government programs will you cut to do it, and by how much?

Under Regulation: Every year, over-regulation costs our economy $2 trillion dollars a year and reduces household wealth by almost $15,000 dollars.
ATQ: Please Cite The Basis of these figures, and identify the regulations with the worst impact and how you would reform them.

You have nothing on your website for small business, yet small businesses comprise 39% of GNP, 52% of all U.S. sales, and employ 54 million people (57.3% of private workforce).
ATQ: How would you foster small business growth, and please Cite The Basis to support your ideas?

They keep saying they want to talk about the issues. Let’s see if they do. What’s more, did they Cite The Basis?

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business carbon emissions economy education growth healthcare immigration income inequality poverty Presidential debates Rule: Ask The Question Rule: Cite The Basis terrorism

Town Hall Debate: Public Asks The Questions

For the second Presidential Debate, which will be in a Town Hall format, half the Questions will come from the public. You can still get yours in by submitting them to this site. I’ve included mine below. Some are from my previous blog since they were not asked in the first debate.

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Environment

Background: Renewable energies have become more cost effective than fossil fuels in price per mega-watt hour, with wind & solar thin film at $55 & $43/MWH, vs. gas & coal at $65 & $108/MWH, respectively.
Question: How much will you invest in renewables, and how many new jobs would that create?

Background: Many politicians, Democrat and Republican alike, publicly support taxing carbon as a way to incentivize fossil fuel industries to cut carbon emissions.
Question: Do you favor a tax on carbon, and if not, how would you fight climate change?

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Immigration

Background: Immigrants are twice as likely as US-born to become entrepreneurs, and half as likely to become incarcerated. They pay more into Medicare, Social Security and taxes than they receive in benefits.
Question: Do you support a path to citizenship for unauthorized immigrants and what is it?

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Healthcare

Question: What is needed to stem the costs of healthcare, while still covering everyone?

*                                *                                *

Economy / Jobs / Inequality

Background: Historically, healthy GDP growth was at least 3%. In the last several years, it has been stalled at less than 2%. The projections for this year are 1.6% (IMF) and 1.8% (Federal Reserve).
Question: How would you increase GDP growth, and what data or studies support your ideas?

Background: Small businesses comprise 39% of GNP, 52% of all U.S. sales, and employ 54 million people (57.3% of private workforce).
Question: How would you foster small business growth, and what data supports your ideas?

Background: The Earned Income Credit supplements low income worker’s wages, but the Guaranteed Minimum Income covers the unemployed well as low income employed, and is actually backed by many Republicans.
Question: Do you favor the Earned Income Credit, or a Minimum Income to help the poor?

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Education

Background:  The quality of education is critical to a nation’s economic health and standing in the world.
Question:  If investing in the future is important, what would you do to improve education?

*                                *                                *

Terrorism

Background: Terrorists have been known to use US aggression against them as a recruitment tool for other terrorists.
Question: How will you effectively fight terrorism without fueling further recruitment?

Background: Wars have proven too costly to fight, but we have other options to draw on for our security: partnering with allies, intelligence gathering, foreign weapons sales and foreign military training.
Question: How would you fight terrorism, while minimizing spending and lives lost?

What are your Questions?

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business economy education growth income inequality poverty Presidential debates Rule: Ask The Question Rule: Cite The Basis terrorism

First Presidential Debate: Ask The Questions (and Get The Answers)!

The topics chosen for tonight’s first Presidential Debate include: America’s Direction, Achieving Prosperity, and Securing America. Here are some of the Questions I want to see Asked.

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America’s Direction This is one of those non-specific categories tailored for generic, boiler plate answers. I’m not crazy about the topic, but here goes…

ATQ:  In order of priority, what are the 3 biggest problems negatively impacting the direction America is currently taking and, briefly, what would you do to change direction for each?

ATQ:  If “investing in the future” is key to setting and maintaining a positive direction for America, how important is education, and what would you do to improve it?

*                                *                                *

Achieving Prosperity
ATQ:  Historically, healthy GDP growth was at least 3%. In the last several years, it has been stalled at less than 2%, with projections for the future showing this continuing. What is the best way to increase GDP growth, and what economic data can you cite as the basis supporting your proposal?

ATQ:  Small businesses are responsible for 39% of GNP, comprise 52% of all U.S. sales, and employ 54 million, or 57% of the private workforce. Given these statistics, what is the best way to foster small business growth, and what data can you cite to back that up?

ATQ:  Do you favor the Earned Income Credit, which helps low income workers, or a Guaranteed Minimum Income that covers the unemployed as well as low income employed, and which Glen Hubbard and other Republicans support?

*                                *                                *

Securing America
ATQ:  Given that fighting wars has proven too costly, what strategy would you employ to effectively fight terrorism that would minimize deficit increases as well as lives lost?

ATQ:  What emphasis in importance do you give each of the following categories for fighting terrorism: military buildup, partnering with allies, intelligence, foreign weapons sales and foreign military training? How, and in what areas of the world, would you allocate resources to them? (Admin note: I know this is a mouthful, but I want a full breakdown.)

ATQ to Trump:  You have proposed reinstituting water boarding to deter terrorism. Since terrorists are willing to die for their cause, and use U.S. acts against them as a recruitment tool, would water boarding deter terrorism, or actually encourage more of it?

ATQ to Trump:  Given that terrorism has become globally fragmented, with most attacks being unsponsored, homegrown ones by individuals, how effective would banning all Muslims from countries with previous links to terrorism be, as you have proposed?

ATQ to Clinton:  You are in favor of arming the Syrian rebels. How would you avoid another ‘Libya’ of unintended consequences, with chaos ensuing, in the event Syrian President al-Assad is deposed?

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What are some of your Ask The Questions?