Romney unveils sweeping plan for jobs, economy

[brooklynite]

Source: Washington Post

NORTH LAS VEGAS, Nev. — Republican presidential candidate Mitt Romney put forward a sweeping economic plan here Tuesday that he projected would boost annual economic growth by 4 percent, create 11.5 million new jobs and lower the nation’s unemployment rate to 5.9 percent over four years.

Romney’s prescription for the country’s ailing economy includes overhauling federal tax, regulatory, trade and energy policies. His is a collection of business-friendly ideas that fit neatly within the mainstream of the Republican Party, but with a few innovative proposals sprinkled throughout, namely tougher stances on China and labor unions.

...snip...

They would include five proposed bills that would: lower the corporate tax rate to 25 percent from 35 percent; implement free-trade agreements with Colombia, Panama and South Korea; expand domestic energy exploration; consolidate worker retraining programs and turn them over to the states; and cut non-security discretionary spending by 5 percent. (Obama also supports those three trade agreements, although he has been accused of dithering to satisfy the demands of organized labor.)

If elected, the former Massachusetts governor said he would also issue five executive orders on Inauguration Day. They would roll back President Obama’s health-care overhaul; eliminate Obama-era regulations; issue new oil-drilling permits; sanction China for currency manipulation; and reverse a number of policies that favor organized labor.

Read more: http://www.washingtonpost.com/politics/romney-to-unveil-plan-for-jobs-economy/2011/09/06/gIQAMUWl6J_story.html?hpid=z1

---

I'm sorry, a 25% tax rate has already been bid by Jon Huntsman; you'll have to offer something lower...

[ixion]

1. God damnit. Will someone posit a REAL jobs plan rather than blathering on

about regulations, tax cuts and free trade? None of these aforementioned is going to do squat to produce REAL JOBS NOW.

Not one bit. :argh:

At this point, I really don't give a damn WHO puts it forward, but both Obama and the GOP candidates are proposing, in essence, the SAME DAMN THING, and it really ticks me off.

[newspeak]

22. oh, you forgot his gut more unions

as if reagan didn't destroy enough already. Romney's looking like another trickle on economics with even more deregulation. I guess, they want to do away with any and all safety measures on clean water and food now. It will be more "buyer's beware" and eat at your own risk.

Just spiraling down to another banana republic where the wealth disparity will start looking like Haiti. And haven't we screwed that country enough times? I guess the corporations were doing it to all of the countries, especially in latin america with support of our government, our military--but now it's our turn to be screwed by them with the aid of our alleged democratically elected government (oh, unless your little boots and darth cheney).

[flamingdem]

2. Yes if you vote for him you can compete for job of street sweeper nt

[bongbong]

3. Grifter Grizzly

Ol' Grifter has already taken the "cut taxes" mantra to its max cut, saying that corps shouldn't pay any taxes.

I'm waiting for one of the America-haters (the GOP candidates) to call for higher taxes on non-billionaires to pay corporations....so the corporations can create more of those $7 an hour jobs.

[mother earth]

4. He must be wearing his magic underwear.

[bluestateguy]

5. GOP primaries always feature a tax cut bidding war

I remember them doing this in 1996, 2000 and 2008. I don't recall if any Republicans other than Reagan had tax cut plans in 1980.

[nineteen50]

6. What the "h" I thought that is what brought us to this economic crisis.

[Turbineguy]

7. They need some freeper comments

The responses seem overwhelmingly unimpressed.

[liberal N proud]

8. Same shit different day

When will America wake up? There is nothing in this party for the people!

[alp227]

9. Reuters: Romney economic team led by former Bush officials (HAHAHAHA)

The former Massachusetts governor, due to unveil a job creation plan later on Tuesday, named Glenn Hubbard, chairman of Bush's Council of Economic Advisers from 2001 to 2003, and Gregory Mankiw, who led the council from 2003 to 2005.

http://www.reuters.com/article/2011/09/06/usa-campaign-romney-idUSN1E78509M20110906

Well...we all know how well they've made our economy. Seems Romney = a 3rd term of GWB.

[TygrBright]

10. I think "sweepings" is an EXCELLENT way to describe this plan. n/t

[underpants]

11. AP headline - Romney jobs plan: cut taxes, slap China, drill oil

http://news.yahoo.com/romney-jobs-plan-cut-taxes-slap-china-drill-201111301.html

[adhd_what_huh]

12. that fucktard can suck my ass...good hair though.

[SoapBox]

13. As already said...Same Old Shit...Different Day.

Mittens, you're an idiot.

[JDPriestly]

14. Getting rid of regulations will just mean more lawsuits i

It will make the burden on plaintiffs a little tougher, but it will probably also make juries more sympathetic.

When not required to obey regulations, businesses compete to see which of them can pollute the most, cripple the most, cheat the most -- to increase the almighty profit-margin.

So, this should improve the job outlook for lawyers.

Of course, it will take a few years for ordinary people to feel the devastation that fewer regulations will mean.

We need more regulation, not less.

[Muskypundit]

15. Meet the new boss. Same as the old boss.

[unkachuck]

16. same old puke bs....

....the capitalists lied and broke our economy....romney is a capitalist....why would we hire romney to fix what he broke or believe what he says?

[Kingofalldems]

17. Romney's plan: We all bow down and obey corporate America.

[AlbertCat]

18. a 25% tax rate has already been bid by Jon Huntsman

Besides, zero from 25% is the same as zero of 35%. No one pays the corporate tax rate anyway.

How about a mandatory 25% corporate tax rate.

[marasinghe]

19. and this is the smartest guy the 'pukes can muster. no words. n/t

[TomCADem]

20. Romney - "Every New Regulation Must Be Balanced By The Repeal Of A Regulation..."

It was the dumbest thing I heard. If some law on financial reform is adopted, for example, Romney would require that some other regulation on environmental protection, for example, be repealed. It is an absolutely idiotic premise.

[tomg]

21. I tried to make some snarky comment

but this is just insane. And this guy is the most electable Republican? the Moderate? I can't even bring myself to laugh at them anymore.