This is an interesting article
Oct. 25th, 2012 03:08 pmWhy the GOP Should Fear a Romney Presidency
Romney will face these problems early in his presidency. He will inherit the leadership of a party with commitments to (1) further increasing tax cuts -- especially for the wealthy; (2) reducing deficits; (3) shrinking the size of government; (4) increasing defense spending; and (5) promoting a muscular foreign policy unafraid to use military force to solve foreign-policy problems, for example, in Iran and Syria. At the same time, Romney has promised to "save" popular middle-class entitlement programs like Social Security and Medicare, and to replace Obamacare with reforms that keep its most popular elements but jettison the features that make it economically practical. To top it off, he faces a reckoning in January 2013, when the Bush tax cuts expire and a sequester of defense and social programs goes into effect. That combination of tax increases and spending cuts will help solve the deficit problem, but it risks pushing the economy into a new recession, and it is completely unacceptable to the tax cutters and defense hawks in his party.
He is also going to do one on Obama's second term.
Romney will face these problems early in his presidency. He will inherit the leadership of a party with commitments to (1) further increasing tax cuts -- especially for the wealthy; (2) reducing deficits; (3) shrinking the size of government; (4) increasing defense spending; and (5) promoting a muscular foreign policy unafraid to use military force to solve foreign-policy problems, for example, in Iran and Syria. At the same time, Romney has promised to "save" popular middle-class entitlement programs like Social Security and Medicare, and to replace Obamacare with reforms that keep its most popular elements but jettison the features that make it economically practical. To top it off, he faces a reckoning in January 2013, when the Bush tax cuts expire and a sequester of defense and social programs goes into effect. That combination of tax increases and spending cuts will help solve the deficit problem, but it risks pushing the economy into a new recession, and it is completely unacceptable to the tax cutters and defense hawks in his party.
He is also going to do one on Obama's second term.
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Date: 2012-10-25 08:17 pm (UTC)no subject
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Date: 2012-10-26 06:03 am (UTC)