Posts Tagged ‘economic policy’

Romney on the Economy

Mitt Romney has written another of his thorough, well-reasoned editorials, this time hitting at the heart of what is destroying American morale, the economy. The title of the piece, “Grow Jobs and Shrink Government,” is itself a five-word summary of what America absolutely needs to do. The op-ed begins with a simple summary of the economic fiasco that has been the Obama administration that, although sounding like a blazing attack is only really a statement of several hard facts.

IT’S NOT happening the way President Obama had planned. Unemployment blew past his 8 percent ceiling and hasn’t looked back. Private sector investment in new jobs and capital has languished. Even the head of the president’s Council of Economic Advisers, Christina Romer, has resigned

Almost every action the president has taken has deepened and lengthened the downturn. The private sector has retreated, frightened by his agenda and paralyzed by the uncertainty, lack of predictability, and outright hostility he has engendered.

There is no denying that these past nineteen months have been a government induced economic disaster. Romney then goes on to list the dozens of new taxes that the administration has imposed or attempted to impose on American business, corporations, small business, and individual investors alike.

This op-ed serves two purposes. It not only provides a recommendation from a leading business expert in this nation on what the government desperately needs to do to revive this faltering economy, it explains to America the Republican agenda once we have regained leadership in Congress, and on into a potential Romney administration. Romney combines sweeping ideological statements:

Republicans made mistakes when we were in charge, yes, but Democrats pointing that out doesn’t absolve them for the mistakes they are making today. Job and income growth can only come from a growing, successful private sector.

with specific outlined goals:

A pro-job, pro-prosperity government works to create the conditions that enable businesses of all sizes to grow and thrive. These should include aligning corporate taxes with those of other developed economies, eliminating special corporate tax breaks that lobbyists have inserted over the years, and preserving the Bush tax cuts — especially for small business.

A piece such as this represents an important milestone in the conservative campaign to regain the hearts and minds of the American voter, and leadership of the American government. For months now conservatives and Republicans have seen their support rise as the Democrats governing this country have shown their deafness to public opinion. The many missteps of the Obama administration has seen the President’s approval rating dip into the low 40s, and conservative voices against the Obama-Pelosi agenda grow popular among voters.

Nevertheless, a candidate and a party can never win election by claiming only that he is not the other guy. More precisely, a candidate, particularly one seeking the Presidency, cannot run simply on the failings of his opponent; he must put up a positive message of what will be done, what can be accomplished to overcome the issues of the day. This is the lesson John Kerry showed the nation in 2004. His party consistently attacked the Bush administration, but never presented any positive arguments to show why a Kerry administration would do better in serving the country. In this article, Mitt Romney is presenting the positive outline for Republican economic policy. It is always easy to be a critic, particularly a critic of the amateurish Obama administration, but it is far more difficult to be a leader. Romney is showing the difference between the liberals in power, and the latest wave of conservatives that will give the voters reason to choose in favor of the conservatives, rather than vote against the liberals.

Romney has a plan, and it is a smart plan. It is a plan that this country, with slowing – nearly stagnant – growth and rising unemployment needs to see implemented as soon as possible. Once again, Romney is stepping up to lead at a time when those that were entrusted by the American people to lead the nation are falling woefully short of their duty. There is a link above and below; the article is well worth reading. Its ideas are well worth putting into effect.

Grow Jobs and Shrink Government, Mitt Romney – The Boston Globe