hillary clinton

Clinton back to Debt-Free—Not Tuition-Free—College?

Education didn’t come up much in last night’s debate, but Hillary Clinton regularly uses “college” with some form of “free” after it to illustrate how she would help middle-class families, and she did so again last night. Whenever she did, she referred to “debt-free” college, not “tuition-free.”

Clinton’s Domestic Surveillance Policy: Duplicitously Neocon As It Ever Was

The Guardian has a story out today outlining–to the extent that the Clinton campaign would do so–what the ex-Secretary of State would do vis a vis national security policy if she becomes the next occupant of the Oval Office. For those concerned with our out-of-control, post-9/11 Surveillance State, these three paragraphs should give you pause:

Domestically, the “principles” of Clinton’s intelligence surge, according to senior campaign advisers, indicate a preference for targeted spying over bulk data collection, expanding local law enforcement’s access to intelligence and enlisting tech companies to aid in thwarting extremism. 

The campaign speaks of “balancing acts” between civil liberties and security, a departure from both liberal and conservative arguments that tend to diminish conflict between the two priorities. Asked to illustrate what Clinton means by “appropriate safeguards” that need to apply to intelligence collection in the US, the campaign holds out a 2015 reform that split the civil liberties community as a model for any new constraints on intelligence authorities. 

The USA Freedom Act, a compromise that constrained but did not entirely end bulk phone records collection, “strikes the right balance”, Rosenberger said. “So those kinds of principles and protections offer something of a guideline for where any new proposals she put forth would be likely to fall.”

It Couldn’t Happen Here?

Dilma Rousseff was never as popular as the president who anointed her as his successor. Despite her intelligence and diligence in numerous official posts, she lacked his warm personality and flair for campaigning. But she ran a very professional presidential campaign, with lots of celebrity supporters, and the vigorous support of her predecessor, and she won the election and became Brazil’s first female president. In office she pursued policies of easy money, subsidized energy, and infrastructure construction, which initially boosted her popularity.

Hillary Clinton’s “Exit Tax” Is an Unseemly Example of Banana Republic Economics

If you get into the weeds of tax policy and had a contest for parts of the internal revenue code that are “boring but important,” depreciation would be at the top of the list. After all, how many people want to learn about America’s Byzantine system that imposes a discriminatory tax penalty on new investment? Yes, it’s a self-destructive policy that imposes a lot of economic damage, but even I’ll admit it’s not a riveting topic (though I tried to link it to popular culture by using ABBA as an example).

In second place would be a policy called “deferral,” which deals with a part of the law that allows companies to delay an extra layer of tax that the IRS imposes on income that is earned - and already subject to tax - in other countries. It is “boring but important” because it has major implications on the ability of American-domiciled firms to compete for market share overseas.

Here’s a video that explains the issue, though feel free to skip it and continue reading if you already are familiar with how the law works.

The simple way to think of this eye-glazing topic is that “deferral” is a good policy that partially mitigates the impact of a bad policy known as “worldwide taxation.”

Not My Commander in Chief

Hillary Clinton declares on the campaign trail, “Donald Trump simply doesn’t have the temperament to be president and commander in chief of the United States.” Thankfully, he isn’t going to be – not because of his standing in the polls, but because there is no such position as “commander in chief of the United States.”

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