Mitt Romney unveiled his economic plan today.
It is unremarkable, to say the least.
He wants to lower corporate taxes and reduce regulations. This, he asserts will create jobs. Remember, corporations are now showing record profits. They’re sitting on $2 trillion of cash. Why it is Romney believes they need more money and lower costs in order to create jobs is one of the wonders of the universe.
Romney does nothing for average working people. He’d eliminate capital gains taxes for anyone earning under $200,000 — but these are not average working people.
But Romney is not out of his mind. What he offers has been standard Republican fare for decades. It’s not rabid right-wing populism, decrying immigrants (Bachmann) or the Fed and the federal income tax (Perry). It’s not libertarian craziness (Paul). It’s not logically incoherent (Palin).
In other words, Romney is way too reasonable for the current GOP.
Romney is simply the most moderate of the GOP candidates with a business background. It does not make him right that he ‘vibes’ with America.
I still can’t understand how educated people can call libertarians crazy for their beliefs. After all, the epitome of the Keynesian system’s failures are on display right now. We’ve been in this mode so long that people still think libertarians are crazy. However if a libertarian was in office we would most likely not be in the same situation we are in now in which our gov’t is in debt over our own entitlements. We would not be devaluing our currency which absolutely kills job growth on our soil.
What ideas do you have to create jobs?