The two expressed differing opinions about how to improve the American economy.
Trump’s plan aims to reduce government regulation and taxes, Navarro said.
“Donald Trump wants to do four things on his economic policy: He wants to cut taxes — stimulates growth. He wants to reduce regulation — stimulates growth. He wants to unleash the energy sector — the tremendous wealth of this country in terms of coal, oil and natural gas, also solar and geothermal … and eliminate the trade deficient,” Navarro said.
“He wants to do this by not shutting our borders, but increasing our exports and reducing our imports to bring about trade balance for the first time (in awhile).”
Clinton’s plan aims to equip American workers with skills and education for jobs that exist today, Goolsbee said.
“Growth comes from investing in your people and investing in your nation and ‘human capital,’ ” Goolsbee said. “The reason companies start in Silicon Valley is not because it is terribly inexpensive and there are no rules, it’s because they can’t afford not to. That is where the people are that they need to grow.
“If you follow the Clinton program, which is investing in education and training, investing in infrastructure in this country and trying to include us all in the wage growth and acceleration, you have a far better chance at having a sustained recovery than you do by going back to the system of George W. Bush.”
Both battled about tax policy and what benefits each plan has for the working class. Navarro also went after what he described as unfair trade agreements such as the North American Free Trade Agreement, and a 2012 deal with South Korea that Navarro credited to Clinton.
Goolsbee said Trump is not in position to attack trade agreements because he has used them to manufacture overseas.
“He’s condemned trade agreements that he has personally been advantaged from,” Goolsbee said.
In regards to student debt from large loans, Goolsbee said Clinton has a plan that would make college cheaper and encourage those thinking about dropping out because of the cost to stay in and get a degree.
“What really hurts is when someone accumulates a debt but does not finish school,” Goolsbee said.
Navarro criticized the Obama administration and Clinton for not doing more now while the Democratic party is in the White House.
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