31 December 2011, 11:25 am
The "no one but Paul" crew need not reply. I'll be happy to vote for Paul if he is against Obama, but let's chillax until then. Anyway... An economist I really respect, James Pethokoukis, took a look at Santorum's economic plan and seemed to be impressed. Your thoughts? "Bottom line: Santorum has one of the most politically and economically cohesive policy plans in the GOP field. He wants to help middle-class families and sees tax policy as a way of directly doing that, beyond trying to boost GDP growth. It’s more populist-conservative in many ways than pure free-market/libertarian, the latter of which seems to more reflect the Tea Party trend in GOP economic policy. Not something a Wall Street or Ivy League economist would cook up, certainly. And supply-side economics is about altering incentives to boost growth (and incomes and jobs), not altering fertility rates to boost human capital or easing the tax burden on families. No matter Santorum’s political fate, his ideas may gain further traction on the right as some policymakers and wonks see the limits of an economic approach geared almost exclusively around lowering marginal tax rates and cutting spending." http://blog.american.com/2011/12/the-santorum-surge-using-tax-policy-as-pro-family-pro-natalism-social-policy/... Read More »