For the economy: It's Gingrich, not RomneyEDITORIAL
January 03. 2012 11:29PM
Mitt Romney's entire pitch for the White House is based on one premise: He spent his career in business, and therefore he can turn around the economy and create jobs. Romney had a successful business career, but his economic plan would be far less successful than the one offered by Newt Gingrich.
Romney's plan is, like the candidate, cautious and reserved. It does not go far enough to reduce federal tax and regulatory burdens, or to reform Washington. Economist Paul Hoffmeister, writing in Forbes magazine this week, reached this conclusion about Romney's plan: 'his economic platform reflects a man who is devoutly Keynesian, and who, as president, would not be able to reinvigorate the U.S. economy.'
By contrast, Newt Gingrich's plan is remarkably bold and reform-oriented. Not only would Gingrich be more aggressive than Romney in cutting taxes that harm business and job growth, he would be more aggressive in rethinking Washington's entire regulatory culture. It's a major reason why he was endorsed by economist Art Laffer, the father of supply-side economics, and famed conservative economist Thomas Sowell. If you want a President who will actually do what's necessary to spark a swift and broad recovery, it's not Romney; it's Gingrich.