Mitt Romney's jobs plan
Mitt Romney unveiled his economic plan today.
It is unremarkable, to say the least.
He wants to lower corporate taxes and reduce regulations. This, he asserts will create jobs. Remember, corporations are now showing record profits. They鈥檙e sitting on $2 trillion of cash. Why it is Romney believes they need more money and lower costs in order to create jobs is one of the wonders of the universe.
Romney does nothing for average working people. He鈥檇 eliminate capital gains taxes for anyone earning under $200,000 鈥� but these are not average working people.
But Romney is not out of his mind. What he offers has been standard Republican fare for decades. It鈥檚 not rabid right-wing populism, decrying immigrants (Bachmann) or the Fed and the federal income tax (Perry). It鈥檚 not libertarian craziness (Paul). It鈥檚 not logically incoherent (Palin).
In other words, Romney is way too reasonable for the current GOP.
