Planning For American Success: Mitt Romney
Mitt Romney said, "President Obama's strategy is a payphone strategy and we're in
a smartphone world." What hes doing is taking quarters and stuffing them into a payphone, and he cant figure out why its not working. Its not connected anymore, Mr. President.
Mitt Romney is trying to push hard in the opposite direction as President Obama. Mitt Romney came up with a policy that taxes on savings and investment must be kept low as well as with marginal income taxes. Additionally, he suggested that taxes in interest, dividends, and capital gains for middle income taxpayers would be eliminated.
Governor Romney states that he will pare back regulation, including eliminating "Obama Care." His view is to have direct government agency to limit annual increases in regulatory costs to zero. Another regulation needs to be abolished to completely appreciate the impact of any proposed new regulation.
In an effort to spur international commerce, Romneys intent is to bring about the "Reagan Economic Zone," a partnership among countries committed to free enterprise and free trade. When fully realized, this will function as an efficient tool to face other countries like China that free-rides on the international system but violates trade rules, this will also allow the local goods and services to be open for a bigger market.
This plan will allow the nation to make full use of its natural strengths such as great oil reserves, coal, and gas as well as great understanding in nuclear know-how. By modifying regulations, these resources can be used totally in safe locations as well as making sure that local safety and concerns are taken into account. If fully realized, the plan will create more jobs and lower the cost of fuel and energy which will then positively improve the economy.
His plan will introduce a rational system for worker retraining, instead of the existing 47 separate programs run by nine federal agencies.
Romney's plan calls for an ironclad cap on expenditure. His plans include the amendment of balancing the national budget. Beginning on the year that Barrack Obama took office, government employees grew by 7% or about 142,500 while the private sector lost about 1.8 million employees. Therefore a rollback is necessary.
by: Ed Thurston
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