Townhall.com, Where Your Opinion Counts
Talk Radio:   Bill Bennett   Mike Gallagher   Dennis Prager   Michael Medved   Hugh Hewitt   
BREAKING NEWS  LeftArrow - Townhall.com : Conservative, Political, Republican   RightArrow - Townhall.com : Conservative, Political, Republican  
Columns, funnies & more in your inbox!
  • Check the boxes and send us your email address to receveive your free newsletter
  • Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
  • Townhall.com’s weekly inside scoop on what’s happening behind the scenes in the world of politics. When news breaks, we report.
  • Signup to receive the latest daily Townhall cartoons
Thursday, March 08, 2007
Donald Lambro :: Townhall.com Columnist
Romney, channeling Reagan, reveals economic agenda
by Donald Lambro
Vote on It:
Average Vote:
[+] Text [-]
 
Poll
Will Sarah Palin make a run at the GOP Nomination in 2012?


After his well-received speech before the conservative political action conference here last week, former governor Mitt Romney met with two key leaders in the Reagan Revolution of the 1980s.

Romney's dinner guests were Jack Kemp, the architect of the Reagan tax cuts that lifted the economy out of a deep recession, and former congressman Vin Weber of Minnesota, a key leader in the Opportunity Society band of House warriors who fought for lower tax rates to spur economic growth and entrepreneurial expansion.

Kemp has not signed on to any Republican presidential campaign as yet, but he likes Romney's emphasis on further cutting taxes on investment and savings and overhauling the tax code. Weber, a supporter of Sen. John McCain in the 2000 presidential primaries, has joined Mitt Romney's team and is encouraging Kemp to climb aboard early.

The meeting illustrates how much importance Romney is placing on tax cuts in his presidential bid and on economic advisers who share his belief in the Reagan economic model. Reagan made tax cuts the centerpiece of his domestic agenda, and Romney intends to do the same in his campaign for the Republican nomination.

In a PowerPoint presentation at the Detroit Economic Club last month, replete with an economic slide show, Romney said the country would face two choices on taxes next year, asking the business leaders, "What is the better course for America? A European model of high taxes and regulations, or low taxes and free trade, the Ronald Reagan model?"

"That's the choice the next president is going to make," he said, adding ominously that the Democrats were "already working hard to implement a massive tax increase."

You can tell a lot about politicians by the people around them, and that is especially true in presidential politics. Romney has already put together a stellar team of economic heavyweights:

-- Vin Weber, who is chairman of Romney's domestic policy board in charge of providing him with a broad range of economic proposals and advisers.

-- Cesar Conda, a longtime economic policy and tax-cut strategist on Capitol Hill who was chief domestic policy adviser to Vice President Dick Cheney and a key player in Republican tax-cut battles of the past two decades.

-- R. Glenn Hubbard, President Bush's first chairman of the Council of Economic Advisers who was on the short list last year for Fed chairman. A staunch tax cutter, he has been a key consultant to the Treasury and the Federal Reserve System.

-- N. Gregory Mankiw, a free-market economist at Harvard who chaired Bush's Council of Economic Advisers from 2003 to 2005, and has been an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office.

-- John Cogan, a Hoover Institution economist who was one of Bush's 2000 campaign policy advisers and one of the architects of the Bush tax-cut plan. He brings broad economic and budget expertise from a variety of key posts in the Reagan administration. Continued...

1 2
| Full Article & Comments | Next >
Share:
Vote on It:
Average Vote:
 
About The Author

Donald Lambro is chief political correspondent for The Washington Times.

Be the first to read Donald Lambro's column. Sign up today and receive Townhall.com delivered each morning to your inbox.

to see a part is not the whole story
It may be fine to be against high taxes.
Who in the working world is not?
But the campaign agenda for Mitt Romney should be more comprehensive in addressing all issues that face America and that is just one of many.
What about inflation, and the poorly managed monetizing of debt, ie deliberate inflating of the federal reserve notes to absorb older federal debt, at taxpayer's expense. It is a hidden insidious tax that both parties enjoy promoting.
What about foriegn policies, immigration, the attack on Christian expression in the market place of ideas?
What about MORMONISM and Mitt's connection to it?
What about the Second Amendment?
What about selling out Labor to NAFTA GATT and WTO?
What about the massive foriegn aid subsidies of Israel?
What about a more open and complete dealing with all of the other issues.

So Mitt is all for lower taxes.
How old is that refrain.

What politician will ever run on a ticket of higher taxes?

liberalgoodman is wrong as usual
liberalgoodman writes: "The Reagan agenda, the thing he beat Carter with, was to balance the budget."

Not at all. Not in the least.

Reagan was elected to:

a) stand up to the Soviets and make America number one in the world again

b) get the hostages home from Iran even if it meant nuking the place

c) revive the U.S. economy, which under Carter had stagnated with double-digit inflation and high unemployment

I remember the 1980 campaign all too well. I voted in that election as an adult. (How old were you in 1980, liberalgoodman?) Balancing the budget was a secondary consideration to all of the above.

And on all of the above, Reagan delivered. Just compare the U.S. military in 1988 to what it was in 1980; the unemployment rate in 1988 to what it was in 1980; the inflation rate in 1988 to what it was in 1980. And needless to say, the Iranians let the hostages go because Reagan would have cheerfully razed several square miles of Tehran--and joked about it--unless they let the hostages go.

That's the kind of candidate I want to see run in 2008: From now on, for every American killed by Islamic terrorists, the Muslim world loses one square mile of one of their cities. Bombed flat.

Sign Up to Post Your CommentsSign Up to Post Your Comments
If you are already registered, click here to login. Otherwise, please take a few seconds to register with Townhall.com. Once you sign up, you’ll be able to post your comments immediately, use the action center, get podcasts, and more!
Note: Fields marked with a red asterisk (*) are required.
Salutation:
First Name:
*
Last Name:
*
Email:
*
Nickname:
*
Note: Nick name will be shown when you post comments.
Address 1:
*
Address 2:
City:
*
State:
*
Zip:
*
Phone:
      
Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
(Bi-Weekly) We highlight the best opportunities from our partners for surveys, action items and more.