Most Republicans believe in limited government and free enterprise, whereas Democrats believe in big government and socialism. Free enterprise is more efficient and relies on market signals to allocate resources, where big government relies on central planning and will always make the wrong decision and waste resources.
Ever since the dawn of Democracy, the Republicans have known exactly what to do right. We don't need to raise taxes on everything in our country. Some people can't afford that. We also don't need universal health care. That requires us to pay for illegal immigrants' medical bills when they don't even have to pay tax or anything.
The Republican party has the best solution to the current economic crisis in the United States. The stimulus plan wasted almost a trillion dollars to prevent unemployment from going over 8%, but unemployment is now at 9.1% Stimulus doesn't work. When the government stepped into the housing market so that everyone could afford a home, the market crashed because people couldn't pay their mortgages. Cash for Clunkers was a dismal failure which only drove up the price of used cars. The Republicans plan for a free market is the best solution. If a business meets a need, it will succeed. If it does not meet a need, it will fail. Let the market decide.
Romney has a proven track record of restoring failing industries. Whether it was the Olympics or the state of Massachusetts he has got things done. We gave Obama 4 years and all we have seen was some redistributing of the wealth. Grow it, don't don't divide it. It common math addition is better then division.
Yes, I believe that the Republicans have a somewhat better idea about how to get out of the current economic situation. This is due to their staunch opposition to the current health care bill, and their rejection of the failed stimulus and bailout plans. The Republican party's continued support of the sound economic plan of trickle down economics shows that they have a better idea of how to fix the economy.
There are so many ways to began working on the crisis. Building roads and bridges should involve things like toll roads, increased gas taxes, etc. If politicians started sweeping corners for little things they would surprisingly find bigger things also. The efforts of congress have been so bad that there should be some kind of a re-call election to remove them from office. Getting a start on Social Security and Medicare is not a problem.
The Republican solution of trickle down economics has shown to be a complete failure for the majority of Americans. Economic data has consistently shown that the American middle and working classes have been struggling for decades, with fewer opportunities and improvements in their general standard of living. Meanwhile, under the Republican policies, only a tiny fraction of the population, the already wealthy, have seen an improvement.
The Republican party had 8 years to fix this country's economic crisis and what did they do? They crippled this country. So what's changed? What has this Republican congress done to help things get better these last four years? Stop looking at the individuals and look at the parties and Congress. Presidents are figureheads, Congress runs the show. It's time to clean up Congress.
Allowing the wealthy to skim more cream off the top, profiting from the hard work of those who toil beneath them, will not fix any economic crisis. Furthermore, the Republican party likes to make it harder for kids to go to school because this perpetuates the socioeconomic stratification that they like so much - and an uneducated nation can never be as productive as an educated one.
Republicans are never above taking taxpayer money and funding their own projects. Whether it involve war on foreign soil or the workings of the everyday lives in America, the Republicans want to follow their own plans. With all their talk about fiscal responsibility, reining in the debt and putting a stop to back-room dealings, they sure have no idea what they're saying. They've become the greatest political hypocrisy in a generation for America. The Republican Party of Lincoln freed slaves, today they would probably buy more. Wake up America.
Neither Democrats nor Republicans are operating our nation and its policies in any way to save us from the current economic crises facing our nation and our world. The only way to stop these crises is for the government to stop spending money and become solvent again, before trying to move forward on any further issues. What other major institution would be allowed to continue operating this far into the red? Neither major political party has the guts to do this, and neither would ever consider it.
The GOP's response to the current economic crisis is the same as it has been to any any given economic situation in the past 30 years: cut taxes and cut regulatory oversight of business. That response stands even now, when the economic situation is a very unusual one last seen 80 years ago. The GOP believes that, at a time when industry has large amounts of unused production capacity, that the way to bring the economy back to life is encourage creation of still more production capacity by granting business and wealthy individuals tax reductions and looser regulations. Even if you agreed that more production capacity is what the country needs (and business clearly doesn't agree with this, with major corporations sitting on record amounts of idle cash), the tax breaks are a very inefficient way to encourage new capacity. The tax breaks would apply to all existing investments, so businesses and investors would have their taxes reduced even if they didn't invest a single penny in new equipment or ventures.
"the best" solution. It's certainly a much better solution than the bungler Obama puts forward, which is unlikely to meet with any success, but the Republican party has crippling issues economically that will doubtlessly lead to it not having the best solution. A better solution. Heck, maybe even a good solution. But not the best.
Anyone who lives in the US (legal or non legal) should pay 5% of their yearly salary for taxes without any deductions. Veterans that have served in war, should not have to pay any taxes( after all they gave their life for our freedom). I think this would help and be fair to everone.
People 65 and older should pay 1% of their yearly pay
No, Republicans do not have the answer. And, on that note, I am not sure Democrats do either. We are so in over our heads, here in the U.S., that I don't know what is needed to start digging us out. We've been on the wrong path for a long time, well before the current administration, and we need to rethink our values and the value of basic human life and needs, before we move on. The party tug-of-war games have got to stop, so average working Americans can stop worrying about their future and the future of their children.
Republicans just want to provide tax breaks to the super wealthy. The argument that tax breaks creates jobs has never been true and yet that is the republican argument. It is a falsehood and no one believes it. They need to stop this and start looking out for the rest of the country.
Both parties are trying to deal with the economic issues by treating the symptoms. Their plans are like a doctor prescribing a band aid to a cancer patient. The real issue is rooted in the devaluation of our currency and neither party is addressing that issue. They are addressing the symptoms, such as unemployment and budget deficits. The only politician I can see that is addressing the real issue is ron paul. Both parties are feeding off each other by demonizing the other, it is how they remain in power. They care more about remaining in power by making their constituents believe the other party is the cause of the problem when both parties' policies have created the problem in the first place by relying on the federal reserve and devaluing the dollar to fund more useless wars and programs. Kind of great deal for the them but does nothing for us.
Since the education of our youth allows them to apply themselves and open up venues that were not possible before, Rick Perry's move to cut the Texas Education budget seems counter-intuitive. If we want our economy to thrive, why would we want to cut out institutions that allow our citizens to learn about how our economy works?
The Republican party is less apt than other political groups to incite change in economic policy. Republican politicians in general side with the opinions of big business, opting for solutions that are more focused on decreasing taxes for large corporations. I don't believe that the market will work itself out without government regulation.
Look at history. Job growth and economic growth have always been greater during Democratic Administrations. Since WWII, job growth has been 98 percent greater during Democratic Administrations; job growth has been nearly four times greater during Democratic Administrations; and the greatest increase in job growth was during a Democratic Administration.
The GOP does not have a plan to end the current economic crisis in the United States. They are trying to play it up as much as they can, so they can retake the White House. I do agree with their assertions that wealth redistribution is wrong, and that the middle and lower classes should not be allowed to use the government to savage the wealthy of their money. But, at the same time, I do not see the GOP doing anything to help the lower and middle classes make money via jobs, or save their foreclosed homes.
The Republican party is known for being the party of fiscal responsibility. However, I believe that this is a load of hogwash. Both Democrats and Republicans desire to take more and more money, and spend more every year, on any number of different things. For Republicans, it's war, and for Democrats, it's entitlement programs. If you want true fiscal responsibility, then you'll have to elect a Libertarian candidate, and break away from the status quo.