Studies challenge wisdom of GOP candidates’ plans

[proud2BlibKansan]

WASHINGTON — Key proposals from the Republican presidential candidates might make for good campaign fodder. But independent analyses raise serious questions about those plans and their ability to cure the nation’s ills in two vital areas, the economy and housing.

Consider proposed cuts in taxes and regulation, which nearly every GOP candidate is pushing in the name of creating jobs. The initiatives seem to ignore surveys in which employers cite far bigger impediments to increased hiring, chiefly slack consumer demand.

“Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration, and there is no reason to believe that more of them will have any today,” writes Bruce Bartlett. He’s an economist who worked for Republican congressmen and in the administrations of Presidents Ronald Reagan and George H.W. Bush.

As for the idea that cutting regulations will lead to significant job growth, Bartlett said in an interview, “It’s just nonsense. It’s just made up.”

Government and industry studies support his view.

more . . . http://www2.ljworld.com/news/2011/oct/30/studies-challenge-wisdom-gop-candidates-plans/

[hobbit709]

1. Republicans and wisdom in the same sentence?

[SpiralHawk]

2. "We're Republicons. We don't need no steenkin wisdom." - Republicons (R)

"We do greed, arrogance, ignorance, torture, hate, fear, bigotry, and all that kinda shit. But we doesn't not have to do none of that steenkin wisdom, justice, or honor crap like you goody goodies. Sneer."

- Republicons (R)

[newfie11]

3. +1

[no_hypocrisy]

4. If the shoe were on the other foot, i.e., a republican were in the White House,

and used his convoluted economic "recovery" plan (more tax cuts, more spending cuts, more cuts to Social Security/Medicare/Medicaid), at this juncture, you'd be hearing "The economy is so damaged, we need more time to let these policies really work". But no amount of time would allow any of the republican candidates' proposals "to work", except for the 1%.

[LiberalFighter]

5. The reason why they come up with the cocamamie ideas has nothing to do with reason.

It all has to do with what they can steal from the taxpayers. And they have to lie to convince them that they saving money.

[proud2BlibKansan]

6. Yep

:thumbsup: