|

|
Santorum Picks Own 'Winners and Losers' Even as He Chides ObamaBy David J. Lynch
 Republican presidential candidate Rick Santorum says he doesn’t believe the U.S. government should pick the economy’s “winners and losers.”
Except for manufacturers. And small businesses. And families.
Speaking in Detroit, the former Pennsylvania senator sketched a plan he said would balance the federal budget in five years, including rolling back non-defense spending on many programs to 2008 levels, while rejuvenating the good-paying factory jobs that once characterized the Motor City.
“We do need a strong economic platform to help the private sector compete,” he said in a luncheon speech yesterday to the Detroit Economic Club before the Feb. 28 Michigan primary.
As Santorum campaigns in the industrial heartland, he proposes eliminating the corporate income tax for manufacturers and halving the 35 percent rate for other companies. Even some Republican-leaning economists were skeptical about extending special help to one area of the economy such as manufacturing.
“It’s a bad idea to single out a particular sector that way,” said Alan Viard, a former economist in President George W. Bush’s administration who is now a scholar at the American Enterprise Institute in Washington. “Economists assume that, under normal conditions, markets will allocate resources efficiently,” he added. “So the tax system should be neutral.”
Read More
|
Latest Politics/Corruption - "You're Out Of Order! We're Asking You To Leave!" - Piers Morgan: Now I See U.S. Government Tyranny - CISPA Sponsor Mike Rogers May Go On To Lead The FBI - Obama Supporter Chevy Chase Justifies Gitmo - Obama Supporter Stevie Wonder Justifies Obama's Gitmo & Wars - Obama Tells Graduates to Reject Warnings Of Tyranny - Colo. Politicians Threaten to Repeal Marijuana Legalization If Voters Don't Approve High Taxes - Obama Supporters Petition to Repeal 6th and 7th Amendments (Right to Speedy & Public Trial by Jury)
|
FAIR USE NOTICE
|
|
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the Digital Millennium Copyright Act (found at the U.S. Copyright Office) and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.
|
|
About Us - Disclaimer - Privacy Policy |
|
|