Monday, July 27, 2015

Hillary News & Views 7.27: Climate Change, Upping the Capital Gains Tax, and Having Obama's Back

Hope everybody had a wonderful weekend!

Today's edition of Hillary News & Views covers a preview of Clinton's upcoming proposals to tackle climate change, some news and analysis about her capital gains tax reform proposals, and other bits and pieces from the campaign trail over the weekend.

As always, Clinton's direct quotes are in bold.

Clinton previewed her climate change proposals in Iowa on Sunday. As reported by the New York Times:
She praised Iowa for generating 40 percent of its energy from wind and said the nation needed to build “a clean energy economy” with the help of tax incentives. 
“People who argue against this are just not paying attention,” Mrs. Clinton said.
“Those people on the other side, they will answer any question about climate change by saying, ‘I’m not a scientist,’” she continued. “Well I’m not a scientist either. I’m just a grandmother with two eyes and a brain.”
In one notable specific, Mrs. Clinton promised to help workers in coal country find new jobs. The region has been hostile to President Obama for what officials like Senator Mitch McConnell of Kentucky, the Republican majority leader, call a “war on coal,” most recently the administration plan to sharply reduce carbon emissions from coal plants, which many in the industry say will result in closures and lost jobs.
“I will be very clear, I want to do more to help in coal country,” Mrs. Clinton said. She expressed gratitude to men “who mined the coal that created the industrial revolution, that turned on the lights that fueled the factories,” the men, she continued, “who lost their lives, who were grievously injured, who developed black lung disease.”
More on climate change and other issues after the jump!

Clinton's first proposals are ambitious attempts at expanding clean energy and solar power nationwide. As reported by Bloomberg:
Hillary Clinton on Sunday set two "bold national goals" to combat climate change, promising that if she's elected president, she would set the United States on a path toward producing enough clean renewable to power every home in America within a decade.
She would also initiate a process that would bring the total number of solar panels installed nationwide to more than half a billion before the end of her first term, her campaign said in a fact sheet released Sunday as it also posted a video in which Clinton lays out her ambitions.
Clinton expanded on these topics on her website, which now has a climate page, and shared a summary video on that website and on Twitter:
Mother Jones has a nice analysis of Clinton's capital gains tax reform proposal:
Hillary's proposal will enrage conservatives, who are convinced that capital gains rates are the magic key to prosperity. Since there's virtually no evidence linking capital gains rates to economic growth, the cynical among you might think that what really motivates their tireless advocacy of low rates is that it benefits the rich enormously...
In any case, folks who make more than a million dollars a year are going to be pretty exercised about this, even though Hillary's proposal allows them to keep a modestly preferential rate for investments held longer than two years and the current super-preferential rate for investments held for six years or more.
Still, details aside, the rich account for virtually all the capital gains taxes paid, and raising that rate in any way would hurt them considerably. These are also the folks who are donating vast sums to the Republican candidates, so you can be sure they'll be insisting that their favored candidate goes after this proposal hammer and tongs.
But Hillary is right. There's little evidence that higher capital gains rates do much harm, and a fair number of reasons to actively prefer a higher rate.
The Grio reports about Clinton's extensive discussion of racial issues on the campaign trail this election season, a big contrast to her race in 2008:
At multiple stops in South Carolina this week, the former secretary of state and current Democratic front-runner in the 2016 presidential campaign bemoaned “mass incarceration,” an uneven economy, increasingly segregated public schools and poisoned relations between law enforcement and the black community...

“America’s long struggle with racism is far from finished,”
she said before a mostly white audience at a Greenville technical college. Hours earlier, with a majority black audience at a West Columbia church, she declared, “Anybody who says we don’t have more progress to make is blind.”
Politico's typically deep and meaningful political coverage contrasted Trump's rally in Iowa with Clinton's. I'm only linking to it because I really like her reference to "scar tissue" when referring to her history with the GOP:
“Once we get into this contest we’ll be able to show… our ideas are superior,” Clinton said.
“But don’t be mistaken: This will be a tough election,” she averred, before touting her history of tussling with Republicans. “I’ve got scar tissue to show what it takes to stand up to the other side, and I will do just that.”
Finally, on the campaign trail in Iowa this weekend, once again Clinton made clear that she is proud of the accomplishments of President Obama and eager to carry on his legacy. KCRG reports: In the Des Moines neighborhood that became famous for helping fuel Barack Obama’s historic campaign, Hillary Clinton appealed to activists by saying she embraces Obama’s policies.

Clinton, the former Secretary of State, U.S. Senator and first lady, spoke Saturday to roughly 200 people, according to the campaign’s estimate, at an organizing party in Des Moines’ Beaverdale neighborhood. The area has become known as “Obamadale” for its many committed Democratic activists.
“You knew what you were doing. You supported a Democrat for a reason. I support the policies and values that both my husband and President Barack Obama stood for,” Clinton told the gathering.“Because (those policies) work. They work for the vast majority of Americans.”
She further credited Obama for the economic recovery, and told undecided caucusgoers that she is ready for the fight ahead: During Saturday’s event, Clinton made her pitch to any undecided potential Democratic caucusgoers in the crowd.
“I’ll let you in on a little secret: You don’t beat the other side, with all of their resources, unless you’re willing to fight and unless you’re willing to take the incoming,” Clinton said. “I think I’m in the best position to wage a campaign against the forces of raid on the other side, and then to win and to govern." 
Hillary Clinton compared the situations Obama and her husband Bill Clinton inherited when they became president. She said both turned around bad economic atmospheres in the country, and said Obama “does not get the credit he deserves” for guiding the country’s economic growth during his tenure.
For more on Hillary Clinton's campaign for the presidency, check out…

The Hillary 2016 Platform Series

Part 1: Criminal Justice Reform

Part 2: Immigration Reform

Part 3: Voting Rights

Unfiltered Hillary: The Transcripts

July 20, 2015: Facebook Q&A

July 17, 2015: Iowa State Democratic Party Hall of Fame Dinner

April 23, 2015: Women in the World Summit

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