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The Candidates on the IMF Economic Reform Agenda

donsutherland1

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With the IMF having just concluded its Article IV Consultation with the United States, I decided to take a quick look to see how the presumptive Democratic and Republican nominees fare with regard to the IMF's recommendations.









NOTES:
Note 1: Largely Unfunded. The IMF expects the programs to be funded from new revenues and/or reallocation of existing spending.
Note 2: Expanded investment for universal pre-K education and job training.
Note 3: Proposes the establishment of an infrastructure bank.
Note 4: Calls for a minimum wage hike.
Note 5: Current proposals concern job training, higher minimum wage, and targeted tax relief.
Note 6: Has vowed to rescind existing trade agreements including NAFTA, reject the TPP and T-TIP, and has threatened to impose substantial tariffs against China, Mexico, and Japan.
Note 7: Implied infrastructure investment. Stated, “We will build the greatest infrastructure on the planet earth—the roads and railways and airports of tomorrow” and “Inner cities…will finally be rebuilt.”


SOURCES:

  1. Concluding statement from the IMF’s 2016 Article IV Consultation with the United States (2016 Article IV Consultation with the United States of America: Concluding Statement of the IMF Mission).
  2. Tax Foundation’s assessment of the Clinton Tax Plan (Details and Analysis of Hillary Clinton?s Tax Proposals | Tax Foundation)
  3. Tax Foundation’s assessment of the Trump Tax Plan (Details and Analysis of Donald Trump?s Tax Plan | Tax Foundation)
  4. Hillary Clinton’s Issues Statements: https://www.hillaryclinton.com/issues/
  5. Donald Trump’s Position Statements: https://www.donaldjtrump.com/positions and Issues: https://www.donaldjtrump.com/issues/ and June 22, 2016 speech: http://www.politico.com/story/2016/06/transcript-trump-speech-on-the-stakes-of-the-election-224654
 
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