Mitt Romney's "Mr. President, here's how to lift our economy"

Okay, so I am not one to promote Mitt Romney’s politics. Hiis “health care system” in Mass. has gone about as well and the Hindenburg’s flight. He is, however, one heck of a businessman. When it comes to fiscal accountability, I feel that our country needs a good, solid, honest businessman. So I have posted below a portion of Mr. Romney’s ten point plan to “fix” the U.S. economic situation. I have some comments at the end of the quote.

The full link can be found at his website:
http://www.freestrongamerica.com/oped/item/mrpresident_heres_how_to_lift_our_economy

or at his blog on USA Today:
http://blogs.usatoday.com/oped/2009/12/column-mr-president-heres-how-to-lift-our-economy.html

“[Mitt Romney's] 10-point plan

The president’s economists insist that technically, the recession is over. But double-digit unemployment was neither prevented nor has it ended. To get people back to work as rapidly as possible and to restore America’s economic vitality, the nation must change course. Here’s the advice I would give:

• Repair the stimulus. Freeze the funds that haven’t yet been spent and redirect them to immediate, private sector job-creation priorities.

• Create tax incentives that promote business expansion and hiring. For example, install a robust investment tax credit, permit businesses to expense capital purchases made in 2010, and reduce payroll taxes. These will reignite construction, technology and a wide array of capital goods industries, and lead to expanded employment.

• Prove to the global investors that finance America’s debt that we are serious about reining in spending and becoming fiscally prudent by adopting limits on non-military discretionary spending and reforming our unsustainable, unfunded entitlements. These are key to strengthening the dollar, reducing the threat of rampant inflation and holding down interest rates.

• Close down any talk of carbon cap-and-trade. It will burden consumers and employers with billions in new costs. Instead, greatly expand our commitment to natural gas and nuclear, boosting jobs now and reducing the export of energy jobs and dollars later.

• [ This is the only one that I disagree with whole-heartedly ] Tell the unions that job-stifling “card check” legislation is off the table. Laying new burdens on small business will kill entrepreneurship and job creation.

• Don’t allow a massive tax increase to go into effect in 2011 with the expiration of the 2001 and 2003 tax cuts. The specter of more tax-fueled government spending and the reduction of capital available for small business will hinder investment and business expansion.

• New spending should be strictly limited to items that are critically needed and that we would have acquired in the future, such as new military equipment to support our troops abroad and essential infrastructure at home.

• Install dynamic regulations for the financial sector — rules that are up to date, efficient and not excessively burdensome. But do not so tie up the financial sector with red tape that we lose a vital component of our economic system.

• Open the doors to trade. Give important friends like Colombia favored trade status rather than bow to protectionist demands. Now is the time for aggressive pursuit of opportunities for new markets for American goods, not insular retrenchment.

• Stop frightening the private sector by continuing to hold GM stock, by imposing tighter and tighter controls on compensation, and by pursuing a public insurance plan to compete with private insurers. Government encroachment on free enterprise is depressing investment and job creation.

The 10% unemployment crisis hangs like an albatross around President Obama’s neck. Eventually, as with every recession and recovery, the economy will improve and jobs will be created, but those who were unnecessarily unemployed due to the president’s faulty economic program will not forget. In order to most rapidly re-employ all Americans and to speed a strong recovery, the president must change course. If he does not, Republicans will bring a change of their own to Washington in the 2010 elections.”

In response to Mr. Romney’s statement of Republican’s bringing “a change of their own to Washington”, I just want to point you back to my previous blog. I don’t care who is in office: Republican, Democrat, Libertarian, Green, Catholic, Mormon, Atheist, Married, Single, Jew, Heterosexual, Homosexual, Communist, Socialist, Doctorate Professor or High-School Dropout. I don’t care. Those are just titles and history shows us that a title is nothing more than a mask to wear during an election.

We do need change. Unfortunately, President Obama and the Congress are doing what was promised by the Obama presidential campaign and much, much more. I am sad to say that I am not getting the “Change” that I voted for. Let us pray together. With that sense of prayer in our hearts, let us write to our elected officials and share our dissatisfaction with the way things are going.

In regards to health care, I just want to point out that France and Japan still spend roughly half of what we do and they insure every citizen with equal or better benefits than the U.S. federally funded insurances do. They also have higher overall approval ratings for the health care provided than many U.S. private sector insurance companies. Are their systems perfect? Absolutely not. But we could most certainly learn a thing or two from their systems

We are responsible for not only ourselves, but for each and every one of our Brothers and Sisters around us! That is how God has always intended it. So let us write those prayerful letters to the decision-makers in our Government!

It is time for change; It is time for the GOD CHANGE!