Monday night’s debate between Hillary Clinton and Donald Trump plumbed new depths in the degradation of American politics. A billionaire and a multi-millionaire, both widely hated, traded false promises, platitudes, attack lines and reactionary bromides without seriously addressing any of the pressing issues facing the American people.
On social policy, Trump combined calls for trade war with a program of sweeping corporate tax cuts and the elimination of all regulations on business, at one point boasting of his own evasion of federal income taxes. Responding to Clinton’s criticism that he benefited personally from the housing market collapse, he declared, “That’s called business.”
Clinton, who has the closest ties to Wall Street, said the financial crisis of 2008 was the product of “tax policies that slashed taxes on the wealthy, failed to invest in the middle…
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