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Wednesday, December 7, 2011

Newt's economic plan


Melange of ideas based on ideology with no coherent economic rationale.

Read it at Yahoo Finance

How the Economy Would Change Under Newt Gingrich
By Rick Newman | US News
  • Keep income taxes low.
  • Cut corporate taxes.
  • Balance the federal budget.
  • Repeal Obamacare.
  • Lower Medicare spending.
  • Reform Medicaid.
  • Create a private Social Security option.
  • Slash regulation.
  • Rely on business for new jobs.
  • Tap more domestic energy.
  • Rein in the Federal Reserve.
  • Lure more foreign visitors and workers.

6 comments:

  1. Sounds like Neoliberalism to me -- reduce deficit, privatize, deregulate, free trade -- that's what Neoliberalism is about, right ?

    Both R's and D's are Neoliberals. R flavor is different than D flavor, but the basics are the same.

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  2. glad to see that newt is so concerned for the health and well being of the average citizen.(not)

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  3. And according to polls he's leading Romney!

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  4. It's coherent if one believes in magic!

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