This whole campaign cycle is a freak show without the tent, and so the only thing that could possibly occur that would seem odd is if somebody actually came up with a policy idea on what we might try in order to make a few improvements - and wow, look at that, it's Hillary Clinton, trying to get us to talk about something other than what Donald Trump is doing with his tiny orange hands.
Vox:
On Tuesday, Hillary Clinton unveiled what is arguably among the most important policies she’s announced during her entire presidential campaign. It is an ambitious but politically attainable plan that will lift huge numbers of families with children out of poverty. It is targeted exclusively at the poor, and the extreme poor in particular, with no money spent on the middle class or rich.
Specifically, Clinton is calling for a change in the refundability threshold of the child tax credit. Those sound like technical changes, but it has tremendous ramifications. Currently, the poorest American families can’t claim the credit, which is a mainstay of the tax returns of most middle-class families. That’s because households that make less than $3,000 a year — the truly, desperately poor — are excluded entirely, and households making under $9,666.67 can’t get the full credit.
Clinton would change the law so that families start getting the credit with the first dollar they earn. That would effectively increase the tax refunds of the poorest families with children. In addition, Clinton would double the credit for children 4 and under, something that helps both poor and middle-class families with young kids, and she’d make the credit phase in much faster for families with kids in that age range.I make no claims to knowledge of such things beyond the single Econ course I barely muddled thru in one of my abortive attempts at going to college, but I managed to learn that the more people who can participate in an economy, the better that economy works; and that the best way to circulate money thru an economy is to pump it up through the roots instead of sprinkling it on the leaves. It's basic Keanesian stuff and it's what works best - which seems like a fairly simple concept, but it's something that's proved to be a little elusive for the average "conservative".
I'm a Bernie guy - and I think Bernie'd be good with an initiative like this because it means his challenge for the nomination showed HRC that moving her agenda a little to the left is a good and appropriate and politically safe thing to do, plus it signals Hillary's willingness to fix one of the big problems created by the Welfare Reform thing in the mid-90s, which is something Bernie kept hammering her on.
So - yays all around.
