Getting Out Of The Zombie Economy
Barack Obama’s policies have given us a zombie economy where no matter what else happens, most Americans are falling behind. Last week we got news that the share of Americans at work or looking for work is at a 38-year low. More than 6 million people are working part-time jobs when they’d prefer full-time. Roughly 5.5 million more Americans are living in poverty than when Obama came to office. More Americans believe that the economy is getting worse than those who think it’s getting better — and that’s been true for several months running.
Now comes Hillary Clinton, and her economic agenda could be summarized easily: Whatever Obama is doing, let’s double down on it.
Take ObamaCare. It’s one of the biggest speedbumps in our economy. The mandates and taxes in the law are keeping many businesses from hiring new workers. The law is holding down worker hours and reducing the payoff from working.
And now we are hearing that health insurance rates for some Americans could rise by more than 50 percent. This weekend Hillary Clinton reiterated that when it comes to ObamaCare, there’s no reason to change course. I disagree, and there are millions of people who provide living proof that Hillary Clinton’s agenda won’t work — because they’re not working at full-time jobs.
As the next president of the United States, I will work to repeal and replace this job-killing law with reforms that will encourage the private sector to lower costs and to innovate. American households purchasing coverage on their own or people who want to start their own businesses should receive tax relief for more portable, quality coverage. Competition, transparency and individual control will help drive down costs and improve the quality of care. Two weeks ago I wrote about what this free market health care system would look like.
To read more about why this next election is so important, click here.