Mitt Romney's Stimulus Plan

NRO Online/Yidiwithlid ^ | 12/19/08 | Yidwithlid

[Shellybenoit]

Now that President Bush has sold-out the free market to the UAW, by giving GM and Chrysler loans without any restrictions, its time for the President to turn his attention to the people who REALLY matter...the taxpayer. It is five weeks before the New President takes office, Bush should call the congress back to work and get started on the Job now.

Former Massachusetts Governor Mitt Romney suggests that we need a "Republican" stimulus plan, starting with major tax cuts putting money back in the consumer's hands but that's only the starting point:

[truthkeeper]

I read it and thought it made more sense than anything coming out of WA. Thanks for posting.

[HighlyOpinionated]

If you have a lot of unsecured debt (credit cards, hospital, etc) and you'd like your personal bail out plan, FReep Mail me. Or check out my blog at http://auntiecoosa.blogspot.com -- the Banks got their Money, so why should you have to pay them, too? It's double dipping is all it is. And you're legally entitled (the magic word?) to some debt relief for unsecured debt.

[AngelesCrestHighway]

The taxpayer catch a break?.....HA! HA!

[definitelynotaliberal]

ping

[Diogenesis]

Myth Romney, author of RomneyCARE=HillaryCARE which
he imposed without a vote, tanking Massachusetts,
now wants to blame others for HIS throwing Election2008
to the ONE, after his 2008 post-primary-loss hissy fit.

[NavVet]

Just because the RINO Romney is slightly less socialist than GW doesn’t mean he’s not a RINO Socialists. He is.

[Rameumptom]

A Republican Stimulus Plan Act now. By Mitt Romney (link to original source on NRO)

A few good points including helping the states to see that economic downturns are realy an opportunity to cut back and refine, as any good capitalist understands. Plus his comments about Obama's economist Christina Romer. He cites her own previous statements and research on the cause of the great depression. It will look doubly bad when she and Obama do the opposite of what she had recommended earlier before joining Obama.

[redgirlinabluestate]

That being said, a stimulus plan is needed without further delay, and there are some things that Republicans should insist on.

The first is that tax cuts are part of the solution. Harvard professor and economist Greg Mankiw points out that recent research confirms that tax cuts have a greater multiplier effect than new spending — more economic bang for the federal buck. We should lower tax rates for middle-income families and eliminate their tax on savings altogether — no tax on interest, dividends or capital gains. Let’s also align our corporate tax rate with those of competing nations. These actions will rapidly expand consumption and investment, and right now, time is of the essence.....

Amen, Mitt.

Ah, what could have been....

[GOP_Lady]

Mr. Romney is a very smart man. I sure wish he was President-elect now. I think it would instill a lot of confidence. He was the best candidate for this period of time.

[GOP_Lady]

Mitt PING! :-)

[curiosity]

the Banks got their Money, so why should you have to pay them, too?

They didn't get free money. They had to give the government preferred stock in exchange for it. That means the government gets a big cut of their future profits.

Now just to be clear, I opposed the bailout. I just want to make clear that it wasn't just free money given to banks.

[Norman Bates]

Thanks!

[TAdams8591]

Ah, what could have been....

My thoughts as I watched the inauguration today. : ( And of course many times since November 4th.

[Antoninus]

Yawn. The GOP needs a new standard bearer. Badly.