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steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-19-10 02:00 AM
Original message
article about Romney here, fwiw
Edited on Thu Aug-19-10 02:03 AM by steve2470
http://blogs.marketwatch.com/election/2010/08/18/romneys-economic-plan/

Romney’s economic plan

It’s never too early to start a presidential run, and with an op-ed in the Boston Globe, Mitt Romney is apparently throwing his hat back in the ring.

Romney, the ex-Massachusetts governor who failed to secure the Republican presidential nomination in 2008, attacked on Wednesday President Obama’s economic policies and threw out his own. http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2010/08/18/grow_jobs_and_shrink_government/">See external link to Romney’s op-ed.

The short version:
Bad: Obamacare, dividend tax hike, cap-and-trade support (though that is nowhere near becoming law), failure to approve Colombian and Korean free trade pacts, overseas corporate income tax hike, the “so-called” stimulus, keeping Freddie Mac and Fannie Mae alive. (He also asserts that employers and investors are devaluing the dollar due to government pension obligations — evidently ignoring the dollar index has climbed over the last year.)

Good: Corporate tax cuts, getting rid of unnamed special corporate tax breaks, preserving Bush tax cuts, shorter amortization of capital investment tax write-offs, more trade pacts, an unspecified energy policy that will eliminate OPEC dependence, preserving labor management rules, eliminating dividend taxes and capital gains taxes for households earning less than $250,000 a year, unspecified restructuring of entitlements, and limiting the power of public employee unions.
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-19-10 02:01 AM
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1. aka, How to make America's rich, richer!
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steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-19-10 02:03 AM
Response to Reply #1
2. yep ! nt
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-19-10 03:56 AM
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3. The trigger word hear is entitlements. But you have to
shake your head when they believe they can sell it as unspecified restructuring of entitlements. Paul Ryan is selling his road map for America with the elimination of entitlements for the working people. Essential any tool for the working people is bad.
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