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Presidency 2016
Kaitlyn Stapleton
Macroeconomics
August 29, 2016

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When it comes to economic issues Donald Trump is far more conservative than
Hillary Clinton. Trumps ideas stem from a market-led recovery while Clintons is
focused on an incentive based plan. Clintons ideas are not new, they have been
presented before and have not panned out. Trump is taking a business approach to
improved the countries finances.
Hillary Clinton economic plan focuses on increasing Middle-Class Incomes
religiously promoting a three-step plan that Boost Economic Growth, Create Fair
Growths, and support Long-Term Growth.
One of her changes involves raising economic growth by decreasing taxes for
working families, give tax relief and broaden availability to working capital to
lower companies. She also wants to positively influence jobs by introducing national
infrastructure bank that makes it easy for public and private funds to aid the Clean
Energy forum, also to funding scientific and medical research. Clinton wants to put
money in schools. She will do this by lowering interest rate on current student loans
and adding the New College Compact this will give $350 billion to pay tuition for
student who attend collages in their area.
Clinton wants to add development 15% assessment reprieve to organizations that
impart benefits to workers on top of wages and boosts in compensation. it is in her

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ideals to tighten the federal minimum wage to $12.00 per hour and expand the overtime
rules.
She is also a advocate for long term growth. She wishes achieve this by changing the
capital gains taxes giving companies that create jobs through farsighted investments,
increase workers pay, benefits, and training. Clinton wants to alter official
remuneration to better adjust the enthusiasm of administrators extended developmental
opportunities. Another plan is to transform from short-term to long-term reforming Wall
Street to do this it is vital to appoint and empower independent regulators that will
prosecute individuals and firms in the financial sector that commit fraud.
To to get her ideas off the ground Clinton will alter the tax code closing tax loopholes
and expenditures that benefit the wealthiest taxpayers.
Donald Trump economic plan will revitalize the American economy, generate jobs,
and strengthen and restore Americas standing on the international stage. Donald on the
other hand, has provided a five-solution plan to turn the nation around. His plan is
fully funded by reducing or eliminating deductions and loopholes, lowing corporate tax
rate to bring businesses back to the US, ending the deferral corporate income tax earned
abroad, capping interest expenses of businesses, and simplifying the tax code.
His plan includes supporting small companies, entrepreneurs, and freelancers grow
and prosper reducing their high pass through tax rates to which will match the corporate
rate of 15%. It is the smaller tax deductions that can push the economy through GDP
development, new occupations, and expanded after-expense compensation for
specialists.

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U.S. owned corporations have as much as 2.5 trillion in cash sitting overseas. He
wants to give the corporations a one-time 10% discount tax rate to get all of their
money back into the United States. Donald also would like to decrease the corporate tax
rate to 15%, which is a nationally competitive" number. He will also simplify the tax
code removing income tax for over 73 million families; 42 million will file a one- page
form. Trump will have four simple tax brackets that will eliminate the penalty for
married; it was said that this is the lowest tax rate since World War II. Lower taxes
means more wages, which will boost spending, encourage savings and investment and
the economy will flourish.
In turn, The heavy reliance on imports and the erosion of manufacturing capacity
could expose the U.S. to global economic disruptions. These economic security concerns
are amplified by role of China, which now accounts for around 30 percent of the trade
deficit. Developments give China both real and financial leverage over the U.S. economy.
Given the uncertainty surrounding the U.S.China relationship, this leverage is a major
national security risk.
Donald wants to Pass NOPEC Legislation to Break OPECs Grip on Energy Prices,
Eliminate Chinas Currency Manipulation by Calculating Taxes on Imports Based on
How Much a Manufacturing Countrys Currency is Undervalued. Importing goods will
now be taxed, which will level the field on product cost, thereby balancing the US
deficit on American exporting.
In comparison to both candidates recovery programs is there one that stands out
with a better approach to economic recovery?

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regarding the economy income and spending flow, it is done in a certain
sequence. For every dollar of income earned, a percentage of it is spent and saved.
Rising in spending from consumers, investments, or the government can lead to larger
increases in our economic output. The kind of increase highlighted is referred to as the
multiplier effect. Another words one persons spending is another persons income.
Injections into the economy will increase the aggregate demand for goods and services.
More people will be hired to compensate for this. In turn, this will raise output. Adding
more employees raises disposable income. If consumers spend more the aggregate
demand will increase, the increase in aggregate demand triggers businesses to hire more
workers this is a trend that will repeat. The multiplier effect signifies any increase in
final income arising from any new injection of spending. The quantity of the multiplier
is a direct result of the consumers marginal propensity to consume or their propensity to
save.
Both candidates wish to address the problem with americas economy", Clintons is
incentive based and seems to be inspired by Donalds is Market-led recovery. It is
hard to pick witch plan is a better option.
Clintons three-step plan proposal is based solely government spending to supply
jobs which will enable the multiplier effect to spur the economy. Because the
government is in a ton of debt, her plans may not pan out in the long run. It seems that
her ideas will only put us in even more debt.
Donald Trumps stands out against Hillary Clintons solely due to the fact based
play he has. Donald trump has outlined tax cuts, which includes significant amount of

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new dollars and jobs flowing into the economy over and above the current levels. He has
defined maps to achieve more money such as: Cost-Sharing Plans to Reduce U.S.
Costs also, foreign Interventions is needed which will go towards Guaranteeing
Veterans and Their Families have everything they need. He also wants to dress illegal
aliens and build a wall at the boarder.
Both candidates agree on what needs to be done but only one can execute this
correctly.
Clintons ideas to influence the economy into recovery has been tried by President
Obama for the past eight years and has been unsuccessful. Donald wants to take a
business" approach to running the country, and its looking promising. He is seen to be a
financial mogul. Our country needs someone with a harder touch and that is not afraid of
speaking his mind. A president that can Make American Great Again. Donald is the
candidate that should be president.

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Works Cited

About News. Hillary Clinton 2016 Economic Plan (March 2016) Retrieved from: http://
useconomy.about.com/od/fiscalpolicy/p/Hillary_Economy.htm
Breitbart News. The Man with a Plan: Donald Trumps 5-Part Strategy to make
America Great Again. (June 2015) Retrieved from: http://www.breitbart.com/biggovernment/2015/06/17/the-man-with-a-plan-donald-trumps-5-part-strategy-to-makeamerica-great-again/
Clinton, H. A Plan to raise American incomes. Retrieved from: https://
www.hillaryclinton.com/issues/plan-raise-american-incomes/
Economics Online. The Multiplier Effect: Retrieved from: http://
www.economicsonline.co.uk/Managing_the_economy/The_multiplier_effect.html
HUFFPOST Politics. Hillary Clintons Economic Plan (July 2015) Retrieved from:
http://www.huffingtonpost.com/bob-burnett/hillary-clintons-economicplan_b_7856394.html
Inside Gov. Retrieved from: http://presidential-candidates.insidegov.com/compare/
40-70/Hillary-Clinton-vs-Donald-Trump
RE Rom Economics. Multiplier Effect Explained: Retrieved from: http://
www.romeconomics.com/multiplier-effect-explained/
Tutor2U. Explaining the Multiplier Effect. Retrieved from: http://www.tutor2u.net/
economics/reference/multiplier-effec
Zhao, C How Does The US Trade Deficit Affect US Businesses and Consumers?
Retrieved From: http://www.ncbfaa.org/Scripts/4Disapi.dll/userfiles/uploads/
Charles_Zhao_-_trade_deficit_paper_2015.doc.pdf