Skip to comments.Top things a Romney administration could do for economy without spending a lot of tax money
Posted on 10/20/2012 10:01:38 AM PDT by Vince Ferrer
This is a positive thread about the top things a Romney administration could do to get the economy moving again, without the government paying a lot of money.
Reverse all drilling bans imposed by Obama.
This can be done the first day. Do not listen to anyone who brings out the tired "it will take ten years to get any oil" argument. First, it will not take ten years, it will be more like three. But most importantly, the jobs start immediately after the permit is issued. It takes work to get the oil out of the ground, and we want that to be happening as much as we want the oil. This also includes the Keystone pipeline.
Dump it. Preferrebly, dump the whole idea that employers should provide health insurance at all. Employers can give their employees money, and emoployees can buy their own insurance. This will lower the cost of hiring workers, and by having individuals in charge of their own health care, will encourage shopping based upon price.
Tort reform / Loser pays reform
By lowering damages for frivilous lawsuits, prices for all goods and services can come down.
Allow ethanol fuel for vehicles to be made from any source of ethanol, not just corn.
Ethanol can be made more cheaply from other sources, so it would lower the cost of fuel at the pump if ethanol was made from cheaper sources than corn. Coal and natural gas can be used to produce ethanol. We already have E85 vehicles, and so 85% of the fuel for those can come from coal and natural gas, which is easier than converting our fueling infrastructure to support more natural gas vehicles.
With a small amount of funding/tax encouragement, we can develop standard designs for Thorium nuclear reactors, which are cheaper than nuclear, and we have plentiful supplies of thorium.
Self driving cars
Private business are investing heavily in this area, and it would be a great increase in productivity for the economy to have self driving cars. There will also be a jobs boom inplementing the hardware and software infrastructure for this. There isn't a lot of funding necessary from the government, but federal and states could take the lead in encouraging the development, implementation and standards for communication between cars, and cars and infrastructure.
Self sailing ships
The same idea as self driving cars, but with our network of river and intercoastal waterway commercial craft of barges and ships. Barges and ships can be pilotless and communicating with each other to bring down shipping costs, relieving traffic on roads and rail, and bring down export costs, such as for exporting grain. This would only require government money for a communications infrastructure, such as the current FAA and air traffic control. The technology is available for self driving cars, but is currently too expensive for consumer cars. However, for shipping it is not too expensive, as the technology is a small part of a multimillion dollar ship. It could be implemented on ships faster.
Disband TSA and replace it with a down-sized privitized force.
Disband TSA and replace it with a down-sized privitized force.
Stop deficit spending?
shut down the Federal Reserve
That’s the goal...what are the steps to get there?
Immediately cancel every Executive Order of the Obama administration and place a moratorium on the enforcement (pending review of each and every one by the appropriate Congressional committee) of all EPA and other regulations, not authorized and funded by specific Congressional action, issued since 2008. Any personnel in the respective agencies who publicly object or are found to be acting in any way to obstruct this would be subject to immediate dismissal.
Announce that he will reverse all of the lame duck EPA rules that Obama will surely enact before Romney is inaugurated.
Defund the TSA, EPA, and Department of Ejumucashun.
Stop shoveling money to ineffective schools and start promoting online education for all grade levels. Promote real educational choice for parents as well, and legitimize homschooling. Out of work parents can be a great benefit to society even when they are unemployed, by homeschooling their children.
1. Limit the monopoly of unions.
Any union must be local only. Do not allow regional, state or national representation.
2.Limit the ‘bundling’ of major television networks. Television networks cannot own their own local tv stations. The networks cannot reuire local affiliate to take all of their products. All outlets can select what programing they want from any source for any time slot. Cannot be dictated from the networks.
Both the Unions and the Major networks have shown themselve to be completed disinterested in engaging in ethical practices, often bordering on criminal (actually crashing the border and stting up camp several mile in on the criminality side of things)
I would definately do that, it use to be private companies. Now all of those hundreds of thousands of people, and especially their pensions, are in the federal budget. Privatizing them would be an easy step.
but dont REPLACE it with RomneyCare which unfortunately is what Willard plans to do...
A good thing to do would be to reverse the executive order allowing federal employees to unionize.
Provide a stable planning environment for business start-up and expansion. Minimal government involvement. No surprises, let the *invisible hand* do the work.
Kill the EPA and build more refineries stat.
Go through the EPA and jail selected criminals.
Remove the coal-killing legislation.
Self driving cars? No thanks.
I agree, which is why a lot of my suggestions are energy related. We cannot compete globally based upon labor rates, but we can compete on energy prices. We need to understand that and use it to our advantage. That is why I am so against wind power and all but the most practical solar. Going "green" just for the heck of it defeats our advantage.
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