Republican Presidential Candidate Mitt Romney announced an exciting list of proposals to fix the economy, if he is elected next year: CNN Story. Among the truly innovative and unique ideas are cutting the corporate tax rate from 35 to 25% (see post from yesterday), cutting federal spending (except on the military and entitlements), reversing the healthcare reform bill (that is very similar to the one he implemented in Massachusetts), boosting domestic energy production (read risky drilling and opening up more public land to exploration) and sanctioning China for trade violations (because they have cheaper workers than us and actually make stuff, I assume). In case there is any fears that he would reiterate the failed policies of GW, he named two top officials from that very administration: L. Ron Hubbard and Gregory Mankiw. I wonder sometimes if Republicans actually have any new ideas at all.
On a related note, Obama's approval rating hit a new low of 44% (Yahoo News), while faith in the Republican Congress is even lower. So who do we turn to? Ghostbusters? No, it appears another gun-toting, evangelical right winger from Texas. Apparently, Rick Perry has forged ahead in the GOP nomination poll. Good news for the lunatic fringe -- bad news for sanity!
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