Suitably Flip

The Romney Plan

If only:

• Lower corporate tax rates
• Eliminate capital gains and dividend income taxes (at least for some income brackets)
• Focus stimulus spending on "shovel-ready" and genuinely necessary military projects
• Fund energy research, including nuclear
• Slash state governments (reduce headcount, eliminate duplicate and wasteful agencies)
• GOP blocks en masse any pork-infused spending bills
• Avoid knee-jerk over-regulation of financial services
• Don't grant unions any more power than they already have

I'll be pleasantly dumbfounded if more than one of these proposals - as paraphrased by me - comes to pass.  (The last four are pure fantasy.)  The country's just in too much of a collectivist, protectionist, Keynesian funk these days.  We've got an inbound administration whose rhetoric in the face of economic turmoil is equal parts Roosevelt, Hoover, and Carter; and the public by and large is signing on as if we hadn't been to this rodeo before.

Spoiler alert: it ends poorly.

Comments

The Romney Plan

If only:

• Lower corporate tax rates
• Eliminate capital gains and dividend income taxes (at least for some income brackets)
• Focus stimulus spending on "shovel-ready" and genuinely necessary military projects
• Fund energy research, including nuclear
• Slash state governments (reduce headcount, eliminate duplicate and wasteful agencies)
• GOP blocks en masse any pork-infused spending bills
• Avoid knee-jerk over-regulation of financial services
• Don't grant unions any more power than they already have

I'll be pleasantly dumbfounded if more than one of these proposals - as paraphrased by me - comes to pass.  (The last four are pure fantasy.)  The country's just in too much of a collectivist, protectionist, Keynesian funk these days.  We've got an inbound administration whose rhetoric in the face of economic turmoil is equal parts Roosevelt, Hoover, and Carter; and the public by and large is signing on as if we hadn't been to this rodeo before.

Spoiler alert: it ends poorly.