• Sarah Palin sought to spur economic growth and thereby
increase energy supplies in Alaska while in office as Governor by
supporting drilling in the Alaska Wildlife National refuge.
• She signed a contract with Trans Canada Corp for a natural
gas pipeline. She also brought down the tax burden on the
Alaskans paying high gas prices by giving a onetime $1200 rebate
and repealed the state's 8 cents a gallon gasoline tax.
• Palin says that only with discipline can we foster economic
growth and suggested billions of surplus funds to be deposited in
state savings.
• She blames predator lenders for coaxing Americans to live
beyond their means. In situations where people could afford to
buy a $100,000 dollar house, they were forced to buy one for
300,000.
• In conformation with her plans to save for the future she
proposed a $7.1 billion savings plan. This she planned to invest
in education and transportation sector as well as energy.
• Palin is a firm believer in free market capitalization saying
that it encourages best and most competitive projects and ensures
a fair democratic process.
• As Alaskan Governor she said she intended to control spending
by request and if necessary by veto.
• Sarah Palin believes Cap and Trade will kill the economy and
criticized President Obama's plans to curb green house gas
emissions saying this will only poleax the US economy.
Update: Romney became the second Republican presidential
candidate, after Jon Huntsman, to offer a full-fledged detailed
economic plan when he announced a 59-point job and economic
proposal during a speech at the McCandless International Trucks
dealership in Nevada, Las Vegas on September 6, 2011. Called
'Day One, Job One', the plan's main objective would be to
"restore America to the path of robust economic growth
necessary to create jobs.".
If elected, Romney pledged to initiate 10 major actions on the
first day of his presidency, consisting of five Bills and 5
Executive Orders, which are
5 Bills For Day One
• The American Competitiveness Act
Reduces the corporate income tax rate to 25%
• The Open Markets Act
Implements Free Trade Agreements with Colombia, Panama, and South
Korea
• The Domestic Energy Act
Directs the Department of the Interior to undertake a
comprehensive energy review
• The Retraining Reform Act
Consolidates federal retraining programs and return these
programs to the states
• The Down Payment on Fiscal Sanity Act
Immediately cuts non-security discretionary spending by 5 percent
($20 billion)
5 Executive Orders For Day One An Order to Pave the Way to End Obamacare
• Secretary of Health and Human Services to return the maximum
possible authority to the states An Order to Cut Red Tape
• All agencies to initiate the elimination of Obama-era
regulations that burden the economy or job creation An Order to Boost Domestic Energy Production
• Department of the Interior to implement a process for rapid
issuance of drilling permits to An Order to Sanction China for Unfair Trade Practices
• Department of the Treasury to list China as a currency
manipulator and the Department of Commerce to assess
countervailing duties on Chinese imports An Order to Empower American Businesses and Workers
• Reverses the executive orders issued by President Obama that
tilt the playing field in favor of organized labor
“Today, I’m introducing a plan consisting of 59 specific
proposals — including 10 concrete actions I will take on my
first day in office — to turn around America’s economy. Each
proposal is rooted in the conservative premise that government
itself cannot create jobs.”
Budget
“And change is going to have to begin with us, in our party.
We're the party of change. We are the party of fiscal
responsibility, and when Republicans act like Democrats, America
loses. And you've seen that over the last several years.
We're going to have to make sure that we rein in spending. It's
not just the -- we -- we all agree on the -- the earmarks and the
pork barrel spending and the "Bridge to Nowhere." That's --
that's an easy one to take a shot at. But the big one is
entitlements and reining in entitlement costs, and that's --
that's where the big dollars are.
And then you go on to say how are we going to bring down
taxation, because we have the highest tax rate, next to Japan, in
the world. That's -- that hurts our economy.
What you're seeing in a weakening dollar, in a declining stock
market, in -- in foreign countries coming here to -- to buy into
our banks, you're seeing an underground -- the foundation of our
economy being shaken by the fact that we haven't been doing the
job that needs to be done in Washington. And I'm going to
Washington to change Washington.”
January 24, 2008, Republican Presidential Debate, Boca Raton
Florida
Deficit "It is instead however an objective for us to balance our
budget and to take in as much money as we spent. How do you do
that? Well you have to cut back on spending and I propose, I
don't know if the other candidates are willing to sign for the
same pledge, and that is, I'm going to take non-military
discretionary spending and I'm gonna say I'm gonna cap that at
inflation less one percent. So, one percent lower than inflation
and that saves us 300 billion dollars over the next ten years.
And that’s one commitment that I made, that’s what I’m
gonna do. (If) Congress sends me appropriations bill which
exceeds that amount, I will veto them. I like vetoing.
But I am a fiscal conservative. I believe in cutting spending and
cutting taxes."
April 03, 2007, New Hampshire Federation of Republican Women's
Lilac Dinner
Debts "I'd like to start by balancing our budget and get it to a
point where we stop spending more than we take in our national
debt you know is huge in its total scale and actually eliminating
of the national debt is not something I would put down as an
objective in the first four years that’s for sure."
April 03, 2007, New Hampshire Federation of Republican Women's
Lilac Dinner
Policy
Romney, who prides himself on being a pragmatic and successful
businessman, is a proponent of Reaganomics.
"The last time we had a recession, in the Bush years,
President Bush recognized the best thing you can do is lower
taxes and put forward a tax bill. And John McCain was one of only
two Republicans to vote against it, and said he'd go back and
vote against it again if he could.
He does not understand the first lesson of Reaganomics, which is,
you cut taxes to grow the economy.”
January 27, 2008, CNN Late Edition With Wolf Blitzer
