Progressive Breakfast: A Look At Clinton And Trump's Promises To Spend To Boost Economy

MORNING MESSAGE

Dave Johnson
A Look At Clinton And Trump’s Promises To Spend To Boost Economy
Austerity is officially dead, at least at the presidential candidate level .. Both Hillary Clinton and Donald Trump are talking about increased spending on public infrastructure. Hillary Clinton has launched her post-convention campaign push by talking about a "100-days jobs plan" that includes a "Make It in America" plan to invest $10 billion in manufacturing communities ... With both Clinton and Trump talking about priming the pump by spending on infrastructure, will Congress let it happen, should the Republicans maintain control next year?

CLINTON LEANS ON LIBERAL WONKS...

W. Post explores Clinton’s wide circle of policy advisers: “…the resulting policy suite -… borrow heavily from all corners of the liberal wonk world. She can sound like [Heather] Boushey talking about how family-friendly policies boost workforce participation and economic growth. She can sound like [Joseph] Stiglitz talking about how the rules of the economy are ‘rigged’ in favor of the powerful. She can sound like [Heather] McGhee on debt-free college. She talks about the importance of bargaining power and helping workers gain new skills — two ideas that at times have been at war in liberal economic circles.”
“Hillary Clinton Campaign Wants A Progressive DNC Chair” reports HuffPost: “‘We will want a person at the head of the party that represents the progressive platform that the party adopted and that represents that spirit of reform and integration of the grassroots into the party,’ Clinton campaign Chairman John Podesta told The Huffington Post…”
W. Post’s Jared Bernstein celebrates the “pivot away from extremely damaging austerity politics”: “In both the Republican and Democrat nominating conventions, the issue of government debt and deficits hardly came up … That’s a victory for progressives, who’ve long argued that budget austerity and slavish adherence to deficit reduction are the wrong goals for fiscal policy.”

...WHILE ATTRACTING BILLIONAIRE, REPUBLICAN SUPPORT

First Republican congressman, Rep. Richard Hanna, endorses Clinton, in Syracuse.com oped: “I have long held the belief that the Republican Party is becoming increasingly less capable of nominating a person who is electable as president … But [Clinton] stands and has stood for causes bigger than herself for a lifetime.”
Clinton gets surrogate help from billionaires. Politico: “Just in the past week, Dallas Mavericks owner Mark Cuban made a surprise appearance with Clinton in Pittsburgh, Michael Bloomberg slammed Donald Trump at the Democratic convention … and on Monday night, investing guru Warren Buffett … touted Clinton at a campaign stop in his Nebraska hometown … The hope is to peel off moderate Republicans, independents and others …. But appearing too buddy-buddy with billionaires holds risks for Clinton…”
Buffett hits Trump on tax returns. Bloomberg: “[Buffett] challenged Trump to meet him ‘any place, any time’ with a copy of his tax returns. Buffett said he would bring his returns and the two of them would answer questions from the public … ‘You’re only afraid if you’ve got something to be afraid about,’ Buffett told a cheering crowd in Omaha.”
Nina Turner turns down Green Party VP slot. Jill Stein announces Ajamu Baraka in statement : “Ajamu Baraka is a powerful, eloquent spokesperson for the transformative, radical agenda whose time has come … I especially appreciate Senator Turner’s willingness to have discussed the VP position. The fit just wasn’t right, as Senator Turner is still committed to try to save the soul of the Democratic Party.”

WILL SANDERS STUMP FOR SENATORS?

Unclear how much Sanders will stump for Senate candidates. Politico: “…while the two camps are regularly in touch, Sanders and the Democratic Senatorial Campaign Committee are nowhere near far enough in their discussions to map out where Sanders could stump for candidates or what kind of fundraising appeals he’ll send out … POLITICO surveyed more than a dozen Democratic candidates running in this year’s most competitive Senate races. Five said they would eagerly campaign with Sanders.”
Michael Bloomberg endorses Republican Sen. Pat Toomey. The Hill: “Bloomberg, an independent who has become a leading advocate of gun control, praised Toomey’s bipartisan work on gun measures. Toomey has co-sponsored legislation with a Democratic senator that would require background checks for more gun sales.”
Seattle votes for a new congressperson today. Roll Call: “Whoever replaces Rep. Jim McDermott … will help make the chamber more diverse … State Rep. Brady Pinero Walkinshaw [would] be the first openly gay Latino in Congress if elected … King County Council President Joe McDermott — no relation to the sitting congressman — is also gay … Born in India, [Pramila] Jayapal moved to the U.S. by herself when she was 16 … She’s benefited from the backing of Vermont Sen. Bernie Sanders and his fundraising network … November’s general election will likely pit two Democrats against each other…”

BREAKFAST SIDES

Massachusetts legislature unanimously passes strong equal pay law. Mother Jones: “On July 1, 2018, employers will be required to pay all employees the same wage for the same or ‘comparable’ positions, regardless of gender. Comparable work is defined not by a job title or description, but instead by the nature of the work … Employers will also be barred from asking for a salary history from prospective hires…”
No “tech tax” for SF. Time: “In a committee meeting on Monday, one of the more controversial proposals to bubble up in San Francisco in recent years was effectively killed … The measure, intended for the November ballot, would have levied a 1.5% payroll tax solely on the booming tech sector … earmarked for projects like housing the homeless … But even dead, the effort has made clear that the city’s prosperity has come with lingering tensions.”
North Dakota’s voter ID law blocked. AP: “U.S. District Judge Daniel Hovland issued a temporary restraining order Monday. Hovland wrote that the state could easily fix the problem by letting voters file affidavits or declarations if they don’t have a valid ID.”
“Left turns to ballot measures to enact political change” reports The Hill: “In Maine, supporters of raising the minimum wage to $12 an hour gathered enough signatures to qualify a ballot measure this year … In Colorado, environmental groups are collecting signatures for ballot measures that would more tightly regulate … fracking. In Washington, progressives frustrated by a Republican-controlled state Senate have secured ballot spots for a proposed carbon emission tax, a minimum wage increase and stricter gun controls.”
Many student debtors refusing to pay federal government. WSJ: “Borrowers in long-term default represent about 16% of the roughly 43 million Americans with student debt … in many cases due to low wages or unemployment, in other cases due to outright protest at what borrowers see as an unfair system … The Obama administration says it can help borrowers … with programs that slash their monthly payments and forgive a portion of their balances, if only they would respond … in a controversial move, the government has stepped up garnishments of borrowers’ wages.”

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