I very much wanted to sign this petition on Hillary’s Economic Policies. Just the chance to be listed amongst those economics “biggies” was a great temptation (that was a lie; I plead poetic license). Why couldn’t I. For several reasons. Mainly, because I follow Ron Paul’s practice on the basis of which he gained his honorific title, Dr. No: if there is anything in a bill, or in this case a petition, I’m extrapolating, that is contrary to Austrian or libertarian principles, he (and now me) cannot support it. So, what are the specifics.
1. Who says “a higher national standard of living” is necessarily good. This all depends upon time preferences. It is conceivable that what is in the public interest is a lower national standard of living
2. “… one of the slowest recoveries on record.” I don’t see any recovery
3. “limited but effective government.” It is to laugh.
Otherwise, this is a pretty good letter. I wish I could have signed it, but, I really can’t. Ah, well, you can’t win them all.
Signature Request – Statement by Economists Concerned by Hillary Clinton’s Economic Agenda
Dear Fellow Economist,
We are asking you to join us and other economists by signing a “Statement by Economists Concerned by Hillary Clinton’s Economic Agenda.” More than 200 economists have already signed the statement, including:
• Eugene Fama, University of Chicago
• Richard Burkhauser, Cornell University
• Charles Calomiris, Columbia University
• Wendy Gramm, Mercatus Center, retired
• Scott Harrington, University of Pennsylvania
• June O’Neill, Former Director of the Congressional Budget Office
• Stephen Parente, University of Minnesota
• Douglas Patterson, Virginia Tech
• Anthony Sanders, George Mason University
• John Seater, North Carolina State University
• Thomas Stoker, MIT
• Richard Sweeney, Georgetown University
• Robert Tamura, Clemson University
• Richard Vedder, Ohio University
If you are an economist and would like to join us by signing this statement, please reply to this e-mail with the message: “I will sign the statement. My title is ___________. My affiliation is _________.” Your title (e.g., Professor of Economics) and affiliation are for identification purposes only.
Regards,
Douglas Holtz-Eakin
Larry Kudlow
Arthur Laffer
David Malpass
James Miller III
Steve Moore
________________________________________
Statement by Economists Concerned by Hillary Clinton’s Economic Agenda
The outcome of this year’s presidential election will influence the U.S. economy for years to come. Should Hillary Clinton win that election, her outdated policy prescriptions won’t return our economy to the faster growth rates it once enjoyed. And without more economic growth, her agenda won’t result in more jobs or a higher national standard of living. Hillary Clinton’s economic agenda is wrong for America.
The U.S. economy is underperforming. Misguided federal policies have produced one of the slowest recoveries on record. Since early 2009, the economy has grown at an average annual rate of 2 percent. It could and should be growing 3 to 4 percent.
Hillary Clinton promises to repeat almost all of Obama’s policy mistakes. She wants yet another massive debt-financed public works program; she wants to raise tax rates on investment and incomes to nearly 50 percent; she wants to raise the federal minimum wage to at least $12 an hour and supports state and local efforts to hike theirs; she wants to stall America’s development of fossil fuels; she wants to continue the Obama administration’s regulatory assault on business and entrepreneurship; and she wants to double down on ObamaCare.
What America needs, and what Americans deserve, is an agenda of economic freedom: limited but effective government, policies that rely on and strengthen markets, pro-growth tax reform, sensible federal spending restraint, regulatory relief, sound money, and freedom to trade. These things are necessary if we are to revive American prosperity.
For these reasons and more, the undersigned urge everyone concerned about threats to American prosperity to reject Hillary Clinton’s ill-advised economic agenda.
Copyright © 2016 Economists Concerned by Hillary Clinton’s Economic Agenda, All rights reserved.
You are receiving this email because you were previously contacted for a similar effort during the last several presidential campaign cycles.
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