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The presidential race between Hillary Clinton and Donald Trump has certainly been nothing less than entertaining. But while it’s somewhat comical that our nation’s election has become something like a three ring circus, we have to quickly face the serious reality that one of these two candidates will ultimately be our next Commander in Chief.
So of course, being the person that I am… the two questions that immediately come to mind, regardless of who is elected are: One… How will this affect my money? And two… How will this affect my well-being as an American citizen?
Now, I’m not here to tell you who and what to vote for, but I am here to point out the facts that we have at hand. So let’s discuss a few points:
1. If Clinton is elected president, she is proposing equal pay for women and 12 weeks of paid parental leave, in the event a woman gets pregnant.
I know many of you all who read my blog are young, career-oriented women, who either have children already and/or are planning to have children within the next four to eight years, so I would assume a claim like this would peak your interest.
And I mean c’mon, it’s no secret that women are generally paid less than their male counterparts… like 20% less according to the latest consensus report. Yet, some researchers say there are “identifiable reasons” as to why there is a wage gap between women and men. Some of the factors that researchers have concluded are:
Wait… what??? Excuse me… It's not our fault that women have been blessed with the God-given ability to birth human beings in order to populate the planet! And what’s worse… under the current Family and Medical Leave Act (FMLA) new mothers (and fathers) are only allowed up to 12 weeks of unpaid, job-protected parental leave… that’s it!
Unless you are fortunate enough to work for a company that will offer a percentage of your pay during your time of absence (which only happens to be about 12% of the American population), you are pretty much screwed… with no income… for 3 months… and a new baby.
Doesn’t sound ideal to me.
But ask Trump how he thinks pregnant women affect business as he proposes only half (6 weeks) of maternity leave, which would fall under the unemployment program. Check out his 2004 interview with Dateline where he stated pregnancy is an “inconvenience for business”.
Furthermore, many women these days happen to be raising their children alone, yet somehow, it is still acceptable for women to get paid less than men... when in some instances, there's another mouth to feed, another butt to clothe, and another being with medical needs.
So let me ask you… Do you want a president that perceives you as a numbered worker (who may or may not get paid the same as your male counterpart) or one that identifies you as an actual person?
The choice is yours.
RELATED: Why I Decided to Blog for Women
2. Trump claims that under his presidential plan, he will reduce taxes for big and small businesses from 35 percent to 15 percent.
Sounds pretty good, right? But let’s dive deeper into how this will affect the greater population.
If Trump is able to implement this plan, the conservative tax foundation estimates that it would reduce federal revenue by 4.4 trillion dollars, minimally! That means less money for education, health, social services, national defense, and much more.
Additionally, only the top 1 percent of the country's earners are the ones who will actually receive the most benefit from the proposed tax cut… increasing their after-tax income anywhere between 10.2 percent and 16 percent (What a nice chunk of change!).
The rest of the 99 percent of us will only see an after-tax increase of less than 1 percent… meaning just pennies more on your paycheck.An interesting proposal from someone who has filed multiple company bankruptcies in order to evade paying federal taxes himself (hmmm).
3. Both Clinton and Trump argue that they plan to stimulate the American economy by creating more jobs.
The unemployment rate is 4.9 percent, currently, and although both candidates say they plan to create more jobs, according to Moody Analytics, only one plan is estimated to create 10.4 million jobs (Clinton), while the other is estimated to have 3.5 million folks out of work (Trump).
So with that being said… do you have a financial plan in place should you lose your job? Do you have three to six months’ worth of savings to cover household bills while, potentially, you and 3.5 million+ other folks are looking for work should Trump make it into the white house? Makes you want to vote, huh?
RELATED: Black Finances Matter Too…
4. Not voting should NOT be an option.
First and foremost, it is our American right to vote, and many women and minorities have fought a tireless fight in order for our voices to be heard. In my humble opinion, we’d be doing a disservice to those who fought for us if we chose not to vote.
Secondly, if you've decided that you are still not really feelin' either candidate... did you know there are also Third Party Independent candidates you could cast your vote in for? Jill Stein of the Green Party and Gary Johnson of the Libertarian Party are among the more popular of the Third Party candidates.
But even with this being said, America's political system is set up to favor two major parties, so unfortunately, it's rare that Third Party candidates do well in the race. But since both Hillary and Donald are the most disliked presidential nominees in the past 10 election cycles... they just might do well this year, because many millennials are claiming to vote for a Third Party. Hey...it's always an option!
Lastly, did you also know that not only is the Presidential Election scheduled for November 8th, but 88 percent of Congress is up for re-election as well (a total of 469 seats with 34 Senate seats and 435 House seats)?
During the 2014 Congressional election, the Republicans took control of the Senate, holding 54 of the 100 total seats, making it difficult for Democratic President Barack Obama to pass certain laws that the Republicans did not agree with.
A quick U.S. History lesson… both the Senate and the House of Representatives have to approve a bill before it can become a law. Therefore the POTUS has to have people in Congress that believe in and support their vision for the American people, otherwise there will be a governmental shutdown as we saw in 2013.
So now that you have some of the facts, what are you going to do? If you truly want to see change... now is the time to take action.
I strongly encourage you to research for yourself who you think will be the next best Commander in Chief. Check out hillaryclinton.com and donaldjtrump.com for more information on their background, education and proposed plans for presidency.
And don’t forget to register to vote. If you are not certain, get more information on vote.gov about how and when to register so you don’t miss out. Texas residents only have until Tuesday, October 11th to get registered, so don't put it off.
The next presidential debate is this Sunday, October 9th at 8 pm central time. Stay informed... and see you at the polls! I’m sure this election will be one for the books!
Until Next Time,