Monday, October 17, 2016

Economics #3: Poverty and the Social Safety Net

This month, we are discussing economics. We have already discussed unemployment and compensation, as well as deficits and debt. This week, we will discuss poverty and the social safety net.

Hillary Clinton wants to double the Child Tax Credit and expand it to 1.7 million more families. Despite that, and her important input into the creation of the Earned Income Tax Credit, Clinton and her husband did a lot of damage to the social safety net in the 90s by attacking the Welfare program.

Gary Johnson thinks that we should get rid of the social safety net. He believes that having less government means that markets can work better.

Jill Stein wants to increase access to food stamps, housing assistance, and clean water. Despite the fact that this sounds like something right up Stein's alley, this is all I could find on the social safety net. She simply doesn't talk about it.

I am not sure if I will be continuing to update this blog. Grad school is eating my brain, and this is just one more thing which requires brainpower. If you want more information on the three candidates, please watch John Oliver's "Last Week Tonight", on the same subject as this blog.

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