No, I am not talking about “Friends of Bill.” This pledge is what the Republicans have come up with as an election platform. It follows what I outlined in my blog of Sept 6.
The focus is, as it should be, on the economy. The basic message is that, after having mortgaged the future of our children and grandchildren, the Democrats have still not revived our decimated economy. Unemployment is still near 10% and our homes are still “underwater.”
To correct the situation the Republicans will end all the stimulus programs, not enact another law that does not have funding from current income, cut wastful spending, and more. In essence they are opting for the European model to revive our economy, especially the German one, of cutting government expenses to reduce deficit spending and mounting public debt. Given Germany’s and others’ apparent success with this policy they will have good examples to use.
As I predicted they will repeal the new health care law. Their starting point is that the law did not lower health care costs which was the original objective. And in this they will be correct. They offer an easier to understand approach to the matter. We can reduce costs by ending mountains of unnecessary tests and procedures caused by doctors’ fears of liability suits with humongous payouts. We can also reduce costs by allowing insurance companies to sell health care policies across state lines.
They get my vote here since they pledge to make good on President Obamai’s promise to allow me to keep my current health care insurance. His law will eliminate it.
They also get my vote by pledging to retain the Bush Tax cuts. Obama’s effort to maintain and increase tax cuts for those earning under $250,000 simply does not work in real life. I earn substantially less than that and the tax changes embodied in Obama’s plans will raise my taxes, or at least force me to use a little more imagination in doing the return. In fact my continual suggestion for spuring economic growth is to eliminate capital gains taxes as is done in many booming economies, e.g. China.
I forgot “illegal” immigration, alias “border security.” We missed a good chance to solve this problem when the Republicans rejected the proposal made by their own president, GW Bush. Given the general concern with job security, it is no surprise that the majority wants to keep out, and indeed throw out, these “guys taking my job.”
I don’t see much difference between the Republican offer to keep our nation safe by devoting more of our dwindling purse to our defense forces. Obama is already ratcheting up the war in Afghanistan.
So there it is, the “Pledge.” Easy to understand and a sharp contrast to current policies, save national defense. Always good to have an election with a clear choice.