Meg Whitman, the former chief executive of eBay and a potential candidate for California governor, will join Mitt Romney at a hearing Republicans are holding this week on the economy.
House Republican Whip Eric Cantor (R-Va.) is bringing together a star-studded cast for Thursday’s testimony. The hearing comes a week after Democrats held their own gathering on Capitol Hill with five sympathetic witnesses who promoted an economic stimulus package focused on government spending.
Cantor called the hearing at 10 a.m. Thursday at Obama’s invitation to present alternative viewpoints about promoting economic growth. He has also opened his website to public comments and encouraged citizens to submit questions via YouTube. (In addition to posting on YouTube, you can send the raw video file to gopwhip@gmail.com.)
Conservatives are becoming increasingly skeptical about Obama’s plan given its large price tag. My colleagues at The Heritage Foundation have outlined an alternative proposal that would create or save 3.6 million jobs — nearly as many as Obama has outlined under his plan. The difference, however, would be its approach. Rather than boosting government spending for infrastructure projects, Congress would reduce tax rates on individuals, small businesses and corporations through 2013 and extend the 2001 and 2003 tax cuts.
Here’s an explanation from Heritage economist Bill Beach:
Steve Maley
Daniel Horowitz
Moe Lane
Jake Walker
Victoria Coates
Aaron Gardner
Attention Conservatives and Republicans
DerKrieger (Diary) Tuesday, January 13th at 10:23PM EST (link)The primary goal of the Democrats is NOT to create jobs but rather it is to increase the size, power, and reach of government. Passing a program that allows the free market to grow the economy prevents the Democrats from reaching their goal of imposing Euro-socialism on the US. Mountains of pro free-market evidence will not sway the Democrats from their Utopian goal. The same is true about health care. A free market solution deprives the Democrats of control therefore it won’t happen. Amnesty. They support it in spite of increasing unemployment and the displacement of US born workers illegal immigration causes. But it helps the reach their goal of perpetual power so they will work to pass it.
Democrats cannot be bargained with. They can only be defeated.
“In questions of power, let no more be heard of confidence in man, but bind him down from mischief by the chains of the Constitution.” – Thomas Jefferson
“I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents.” – James Madison
Whenever the legislators endeavor to take away and destroy the property of the people, or to reduce them to slavery under arbitrary power, they put themselves into a state of war with the people, who are thereupon absolved from any further obedience.” — John Locke, 1690
List of Economists
I am the Living Liberally Coordinator for Portland, which means that I lied to all of you about being a Republican. (Diary) Wednesday, January 14th at 12:19AM EST (link)Does anyone have a list of economists handy that have publicly opposed Barry’s plan? I’m having a hard time finding one, and a couple of my lieberal friends keep throwing Krugman and his nobel prize in my face.
Do we have anyone on our side with similar credentials I can use as a reference in refuting their points?
http://livingliberally.org/archive/5634/200811
The entire Austrian school...
Jim Wednesday, January 14th at 6:46AM EST (link)…is in solid opposition to this. Unfortunately most who oppose this are not as well known as the sainted Paul Krugman, but the intellectual foundations to oppose any of this government intervention is solid.
I just find it funny that the great 20th century economist Ludwig von Mises demonstrated back in the 1920s the impossibility of the socialist calculation. Yet here we are all these years later still thinking that state spending and central planning will somehow lead to paradise.
“If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.”
F.A. Hayek
“Laws are no longer made by a rational process of public discussion; they are made by a process of blackmail and intimidation, and they are executed in the same manner. The typical lawmaker of today is a man wholly devoid of principle — a mere counter in a grotesque and knavish game. If the right pressure could be applied to him, he would be cheerfully in favor of polygamy, astrology or cannibalism.”
H.L. Mencken
Well Jim get used to it.
kyle8 (Diary) Wednesday, January 14th at 6:58AM EST (link)The American people have chosen big government.
There comes a time when you must realize that you have failed.
For a variety of reasons those of us who really believe in limited government (probably only about half of the Republican party if that much and not even everyone on this website) have completely and utterly failed to communicate our beliefs to the rest of the nation.
A huge struggle between freedom and state-ism began in the early part of the twentieth century. After looking around the world one hundred years later, you must conclude that the state has won.
All that remains now is the long hard march where we must go back to basics and painfully try to teach the next generation that another way exists.
“Nothing works like freedom, Nothing succeeds like liberty”
Kyle