| Income inequality has risen to the highest levels
since 1929, and wages have stagnated. In the meantime, health care
premiums and college tuition have skyrocketed, squeezing middle
class families who have largely relied on their home equity to make
ends meet. The burgeoning problems in the housing market further
threaten many middle class families.
Understanding that a vibrant middle class is essential to
America's prosperity, Hillary will implement a broad set of policies
to once again restore opportunity for all Americans.
Hillary's economic blueprint to restore the American middle class
includes:
As president, Hillary will:
- Lower taxes for middle class
families by: extending the middle class tax cuts including child
tax credit and marriage penalty relief, offering new tax cuts
for healthcare, college and retirement, and expanding the EITC
and the child care tax credit.
- Harness the power of innovation to
create high wage jobs of the 21st Century. Investments in
alternative energy can create new jobs for the 21st century;
expanded access to broadband will bring opportunities to
underserved and disadvantaged communities; the manufacturing
base can be re-energized through creative partnerships; and
increased government support for research will stimulate the
development of new technologies and life-saving medicines.
Hillary will restore integrity to science policy, reversing Bush
administration policies that are holding our nation back.
- Empower our workers and ensure that
all Americans contribute their fair share. Hillary will ensure
that unions, which have played an important role in forming and
sustaining the middle class, are strong. She will also ensure
that trade policies work for average Americans. Trade policy
must raise our standard of living, and they must have strong
protections for workers and the environment.
- Restore the basic bargain. Hillary
will restore the basic bargain that if Americans work hard and
take responsibility, government will do its part to make sure
they have the tools to get ahead.
- Return to fiscal responsibility.
After six and a half year of President Bush's fiscal
irresponsibility, Hillary wants America to regain control of its
destiny. She will move back toward a balanced budget and
surpluses. Hillary believes that we should develop a set of
budget rules similar to those we had in the 90s which required
us to fund new expenditures with new revenues or cuts in other
areas.
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