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Budgets and Budgeting

Those 'old, tired ideas'

Those 'old, tired ideas'

Reacting to Donald Trump's speech Monday to the Detroit Economic Club, Hillary Clinton said her Republican opponent tried to "make his old, tired ideas sound new." As opposed to her old, tired ideas of higher taxes on the wealthy with government as redistributor.

Let's consider some important quotes from the economic club speech.

"... the most direct and significant kind of federal action aiding economic growth is to make possible an increase in private consumption and investment demand -- to cut the fetters which hold back private spending."

Increasing federal spending, as Ms. Clinton has proposed, would, said the economic club speaker, "soon...