Why Harris Economic Plan is a Success 🙌

I have proof that Kam Harris's economic plan is going to be a success we've tried it before and it worked her General thesis is that you just tax the wealthy tax corporations more and give that savings back to the middle class in tax credits and increased services that is precisely what Bill Clinton did when this dude presided over the best economy in the US in the last 50 years unlike some other presidents he has the policies and the data to back it up so what exactly did he do well first thing he did was sign the Omnibus budget reconciliation act in 1993 and that raised income tax for the wealthiest 1.2% of Americans by about 8% and it also raised taxes on corporations now I want to bury the lead if you look at this in 1998 the effects of the bill helped the US federal government to experience its first budget surplus since the 1960s and that is the truth he inherited a pretty severe budget deficit from Bush senior got rid of it Surplus and the Surplus has never come back since and it wasn't just a deficit I mean the stock market he's in League of Bona there GDP growth since the 1970s he's number one better than Reagan who most Republicans adore because of his economic success Clinton was better median household income that's where Clinton comes in that's where Clinton left did a pretty good job poverty rates went down under Clinton and started to go back up under Bush his list of accomplishments is just long 4% GDP 22.5 million jobs created in 8 years median income up $6,000 unemployment its lowest level in 30 years lowest inflation since the 60s highest home ownership rate on record and 7 million people out of poverty I mean he hit home run after home run on the economy and of course when you enhance the economic situation of the middle class and lower class you're going to see a pretty significant drop in crime which is exactly what we saw so the truth is this guy had the best economic record since pretty much FDR and his policies were almost a onetoone with kamla Harris the most critical difference between Clinton and Harris is that Clinton had some corporate deregulation whereas Harris is looking to regulate corporations and the primary reason why that's different today than back when Clinton was President is because the amount of corporate power has dramatically increased you'll see that the amount of market share owned by these monopolized corporations is just extremely different from when Clinton left office so she has a different set of circumstances to respond to but in general their economic thesis is almost an identical structure