Issue #2 - Economic Policy
Follows are the economic policies I believe in. These are simple, but often ignored by policy makers. It's amazing that even a so-called "conservative" administration like ours, with a supposed "mandate from the people" can't override special interests to implement these policies. But, I guess the non-Clinton democrats would be worse on this, so I can't complain too much.
1) Free trade - just do it. Everyone is better off. Please see your Economics 101 textbook. To the Bush Admin: stop being a major offender! Lead by example. Eliminate tariffs - you won the election!
2) Reform social security. Hate to admit it, but the Bushies have this one right. Democrats would be wise to stop obstructing this one and get behind it. The concerns the Dems put up on this are laughable. Read Professor Thaler's work on how to incentivize rationale and sound long term investment behavior.
3) Reduce the deficit. Ugh. The Bushies really did us in on this one. Horrible fiscal policy. I understand the need for tax relief, not to run a surplus, etc. so I know where they were coming from. But, they went a way overboard and now we (more specifically, our children and lower income class) have a real problem. Can't argue that this one was politically motivated by Bush's rich friends. That's just bourne out by the facts.
4) Flat tax. Again, hate to admit it, but the Bushies are onto something. The devil's in the details, no doubt, but the Dems could actually be constructive here and get behind it to make sure it's done fairly.
1) Free trade - just do it. Everyone is better off. Please see your Economics 101 textbook. To the Bush Admin: stop being a major offender! Lead by example. Eliminate tariffs - you won the election!
2) Reform social security. Hate to admit it, but the Bushies have this one right. Democrats would be wise to stop obstructing this one and get behind it. The concerns the Dems put up on this are laughable. Read Professor Thaler's work on how to incentivize rationale and sound long term investment behavior.
3) Reduce the deficit. Ugh. The Bushies really did us in on this one. Horrible fiscal policy. I understand the need for tax relief, not to run a surplus, etc. so I know where they were coming from. But, they went a way overboard and now we (more specifically, our children and lower income class) have a real problem. Can't argue that this one was politically motivated by Bush's rich friends. That's just bourne out by the facts.
4) Flat tax. Again, hate to admit it, but the Bushies are onto something. The devil's in the details, no doubt, but the Dems could actually be constructive here and get behind it to make sure it's done fairly.
posted by Matt P at 4:33 PM
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