Greta Carley
Microeconomics
Richard Baker
April 27, 2016
As the Presidential primaries begin to come to a close and voters turn their attention to
the upcoming Presidential Election one of the biggest question being asked as in any election is
“What will you do to strengthen and grow the economy?” With this group of candidates there is
a wide range opinions and beliefs some being quite controversial. From the Democratic Party
frontrunner Hilary Clinton and the persistent Bernie Sanders still remain. While in the
Republican Party has seen a great decrease in candidates narrowing itself down to GOP endorsed
Ted Cruz and the charismatic Donald Trump. With each of these candidates economic opinions
and beliefs differing greatly it will be interesting to watch this election unfold.
Hilary Clinton was born October 26, 1947 in Chicago, Illinois. She was raised in a
conservative middle class home. She has served in many public offices including Secretary of
State, Senator of New York, first lady of the United States, first lady of Arkansas, a practicing
lawyer and law professor. Clinton has been a strong member of the Democratic Party running
for the Democratic nomination for the second time. Her economic plan on her campaign website
has emphasized three main points: give working families a raise, and tax relief that helps them
manage rising costs; create good-paying jobs and get pay rising by investing in infrastructure,
clean energy, and scientific and medical research to strengthen our economy and growth; as well
as close corporate tax loopholes and make the most fortunate pay their fair share. Along with
these three points she has also promised to increase federal minimum wage to twelve dollars an
hour, decrease the cost of college tuition, and grant paid leave to parents. One must wonder how
this will be accomplished, and if it will even help Americans that much. While it is hard to
dispute her points of investing in the nation’s infrastructure, medical, and scientific research to
create jobs and strengthen the economy are all good ideas; her promises of increasing minimum
wage and cutting the cost of tuition may have backlash that hurts America more than it solves the
problem. Basic economics states that raising minimum wage will do nothing but cause inflation
making the extra minimum wage workers are earning insignificant with the rising prices. While
the thought of cutting the price of tuition for colleges and universities is a nice thought, someone
