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• 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and repealed the state's 8 cents a gallon gasoline tax.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.
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• Romney said that America is going through extraordinary
times and a well crafted stimulus plan is needed to put people
back to work.
• He criticized that the Obama spending bill will only
stimulate the government and not the economy.
• Romney believes that permanent tax cuts should be the
centre of the economic stimulus.
• He thinks that any new spending should be limited to
projects that are essential and which would bring an immediate
positive impact.
• Romney supported repairing and replacement of military
equipment that was destroyed in Iraq, Kuwait and Afghanistan.
• He believed that sending out rebate checks to citizens
and businesses was not a tax cut. These are actually refunds. He
said this method was tried in 2008 and it did nothing to jump
start the economy.
• Once the economy revives he suggested gaining control
over the federal budget and also on over entitlement spending on
Social security and Medicare.
• Romney thinks that America needs to prove that it will
put a stop to run away spending and borrowing, only then the
dollar will hold good value in the currency market.
• The nation must begin to recover the vast losses in the
capital investment pool. The best way to do this is convince the
people that there will be no increases on investment and capital
gains.
• Romney believes only the private sector entrepreneurs
can create the millions of jobs that the country needs.
• Finally the government needs to exercise restraint in
the size of the stimulus package, he proposed a stimulus of $233
billion.
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