Posted on 10/12/2012 5:58:01 AM PDT by Kaslin
I never understand why the republicans never go back to the early Bush years. In the aftermath of 9/11, tens of thousands of jobs were lost and the travel and service industry were battered. President Bush brought us back. Unemployment was at about 5.3% for almost all of his first term and half of his second. I remember there were so many unfilled jobs they were hiring retirees back. Illegals were doing the jobs they said Americans didn’t want. I think it needs to be hammered home that when the democrats took over Congress the last two years of the Bush administration — that’s when the downward spiral began. We recovered economically faster from the great depression AND 9/11. Obama’s 1.3% GDP at the end of his first term is inexcusable.
Hit the reset button with a sledge hammer and pray that it works.
Mitt Romney needs to, truly, become a very small government conservative, and then, among many other pro-conservative actions, Mitt needs to, truly, overturn everything involved with, both, The New Deal and The Great Society! Then, I’ll be very impressed with Mitt Romney.
I have predicted that on the day after a Romney/Ryan win, plus regained GOP control of both houses of Congress, the Dow 30 will soar by 3-5%, and continue upward in a freakish run.
I agree with the author of this piece about Obamacare, but will go further in saying it is the single most damaging piece of legislation ever passed by the US Congress.
Note - the democrat party owns Obamacare lock, stock and barrel, and this point needs to be driven home by Romney and Ryan.
We’ve got lots of debt, massive entitlements and aging boomers. Islam and Latin America are also infiltrating.
If this economy gets unshackled and grows, great. But we’ve got some problems in our very soul, and a dynamic economy isn’t the only answer.
Is Mona finally ready to come back from the Darkside? After all, you can get fired from CNN for writing articles like this that actually speak the truth about the failed economic policies of the Obama administration.
I agree these three things would have the most impact, but I hope Sarbanes-Oxley is also on the Romney hit list, and spending needs to be cut drastically for all of the above to do any good.
The second wave is going to be worst than the first. Really wish people would stop playing politics about this issue. Every time they do, I realize that they don't know what they are talking about.
Exactly, the worldwide economy was crashed by the 2006 Pelosi/Reid RAT-Congress.
Senators Obama and Biden were both in the majority of that body and are responsible for "the mess that Obama inherited"...not GW Bush.
Ping.
BTW...Kaslin always has the best posts.
A couple of things...
When the economy “snaps back”, we’re going to see massive inflation due to the “printing” of so much money through the QEs.
Another thing - the economy is still going to crash, and crash hard. It may be delayed a bit with someone who is not actively pursuing a crash.
The main thing is having a non-communist in power to pick up the pieces.
Indeed. Economic issues aside, who's helming the ship is one thing, but who's swabbing the deck and tending the engines is another.
What about America's human capital? If we fixed the education system today, the first complete products of it wouldn't graduate high school until 2030.
Who will be working, voting...barely paying taxes in the interim?
I'm not knocking Romney, but I expect the best we can hope for is some limited modification of these policies. Progressive thugs at every level of the government/media oomplex will wage a Holy War rearguard action to save these pillars of their faith, and I don't think the John Boehners and Lindsey Grahams are ready to take the media heat necessary to effect any genuine change.
If anything positive happens, it's going to have to be before July, 2013 - and perhaps by executive order.
They won't be perfect, but they WILL make for a pro-business environment and pro-construction culture. I heard there's about $1.4 trillion in liquid assets that businesses are holding...when Romney gets elected, look for business to start investing again.
“Then, I’ll be very impressed with Mitt Romney.”
Given all the task at hand for Romney to take on, Repealing Obamacare, fixing Medicare (per Ryan’s plan), Repealing Dodd/Frank bill, fixing SS, energy independence, military rebuild, Fed and Supreme Court judicial appointments, Balanced Budget Amendment, Auditing Fed Reserve etc...
Romney will have in his hands, the opportunities to catapult himself up to the higher echelons of presidential greatness.
That said, We will have to see. He wasn’t my first choice or any choice because of his RINO’isms. But current fiscal and international circumstances that are so dire now may very well push Romney well to the conservative side of governance.
Case in point, the first debate. Romney came out and thoroughly energized the conservative base.
Second point, the electorate has already in primaries elected to run more conservative senators and congressmen. I think of Ted Cruz, from 2010 Mike Lee. Just the booting of Sen. Richard Lugar was stunning.
Given that these more conservative leaders are elected, Congress will push way more to the conservative side.
Bump
Thanks
Fairtax people keep saying that there is about 11-12 trillion dollars held outside of the USA. Purposefully not being brought in to the USA to shield it from confiscatory levels of taxation.
Sooner or later other countries will figure out that dropping corporate taxes, capital gains taxes much lower than the USA’s rates will attract that investment capital. Capital goes where it is treated best they say.
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