Wednesday, October 28, 2015

Hillary’s Wars

Hillary Clinton is conducting multifront wars – on the GOP right wing conspiracy, in GOP wars on women, blacks, ObamaCare opponents, in those who support big businesses, big insurers, and those who would drag down the middle class.

She takes no prisoners of war, and she proclaims “the economy does better when you have a Democrat in the White House.”

Really? To buy this line of attack, you would have to ignore reality. From 2008 to 2012, when she was Secretary of State, 92% of jobs lost were among women, and poverty among women was 16.1%, the highest in 20 years. In recent years, incomes of black families fell 33%. The rich, the top 1%, made 95% of income gains. Under ObamaCare, in 2016, premiums will rise an average of 7.5% in government-sponsored plans, and Medicare premiums will spike by 52% for 30% of recipients. Big businesses are doing fine, if you take the stock market as your guide, and thousands of small businesses and startups are declaring bankruptcies, failing, or not launching . The middle class has lost an average of $1300 of income, are living from paycheck to paycheck, and average less than $100 in savings.

Meanwhile, the big are getting bigger. In health care, insurers, hospitals, pharmaceutical firms, and drug store chains are merging and growing bigger at record rates. Government itself is growing bigger. The national deficit now nears $19 trillion. Big government works best for big business, the powerful, the wealthy, and the well-connected, not for thee or me.

It may be true, as Margaret Thatcher said, “In politics, if you something said, ask a man. If you want something done , ask a women.” But that depends, on what politics you embrace, what you want done, and what woman you ask. Ask Carly Florina, and you will get a different answer (“Hillary Clinton Flunks Economics,” WSJ, October 27, 2015).

No comments: