Postscript: Clinton Poverty Proposal
No sooner than I post my critique of our presidential candidates’ failure to talk about poverty, Hillary Clinton publishes an Op-Ed in The New York Times that addresses poverty explicitly and outlines the broad strokes of her plan. My Plan for Helping America’s Poor
Secretary Clinton’s essay emphasizes elements of her core economic plan: economic growth, jobs (especially infrastructure and manufacturing), and increases in the minimum wage. Her programmatic proposals include Low Income Housing Tax Credits for affordable housing, increased investment in low-income communities, expanded access to affordable child care, more funding for Headstart, and access to universal preschool.
Secretary Clinton’s essay cites Mark Rank’s research on the lifetime risks of experiencing poverty: “Nearly 40 percent of Americans between the ages of 25 and 60 will experience a year in poverty at some point.” Professor Rank’s poverty risk calculator can be found at American Misfortune.