Trump copies Obama's Stimulus Program - 08/02/16
Donald J. Trump took a step to Hillary Clinton’s left on Tuesday, saying that he would like to spend at least twice as much as his Democratic opponent has proposed to invest in new infrastructure as part of his plan to stimulate America’s economy.
Asked how he would pay for $800 billion to $1 trillion in infrastructure spending, Mr. Trump described a strategy that has been favored by liberal economists over the years. He said he would create an infrastructure fund that would be supported by government bonds that investors and citizens could purchase.
If Mr. Trump’s call for more spending sounds familiar, that could be because Lawrence H. Summers, who was Bill Clinton’s Treasury secretary and director of President Obama’s National Economic Council, has been saying the same thing. At a Democratic National Convention round table in Philadelphia last week, he said the United States should invest between $1 trillion and $2 trillion in infrastructure over the next 10 years.
the Democrat just love this guy !!
http://www.nytimes.com/2016/08/03/us/politics/trump-clinton-infrastructure.html?ref=politics
Asked how he would pay for $800 billion to $1 trillion in infrastructure spending, Mr. Trump described a strategy that has been favored by liberal economists over the years. He said he would create an infrastructure fund that would be supported by government bonds that investors and citizens could purchase.
If Mr. Trump’s call for more spending sounds familiar, that could be because Lawrence H. Summers, who was Bill Clinton’s Treasury secretary and director of President Obama’s National Economic Council, has been saying the same thing. At a Democratic National Convention round table in Philadelphia last week, he said the United States should invest between $1 trillion and $2 trillion in infrastructure over the next 10 years.
the Democrat just love this guy !!
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