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“Newt Gingrich is the only one who has it right. What we need to do is not prop up the old unsustainable Wall Street - Washington D.C. axis. Nor do we need massive government social programs to prop up workers. Neither is free market. Neither will work. What we need to do to fix the economy is to support new businesses and help small businesses expand.

Newt has the boldest proposal, per the Wall Street Journal, to jump start the economy. He would bring the capital gains rate down to 0%, and reduce taxes on everyone. As he points out, it is not “revenue neutral” in the short run. But in the long run, the increased revenues from his plan more than make up for any tax cuts, as they did in the 90’s.

With the capital gains rate reduced to 0, capital would pour into the marketplace. This would allow many new business to get started and small businesses to expand. As small business creates 70% of the jobs in America, unemployment would fall immediately. Main Street, not Wall Street, drives the economy. Economic activity would pick up as people got back to work, and our real wealth, GDP, would sky-rocket. Moreover, tax revenues would increase dramatically, allowing us to get rid of deficits and balance the budget.

Millions of new workers would pay into social security. Thousands of new businesses would pay taxes. And hundreds of millions of new customers would pay sales taxes. People would have jobs, which would give them money to spend, which would profit businesses and shareholders who put up the capital, while revenues would increase to the government. This vibrant economy would benefit everyone. It would spiral upward. It is a win win.

And then there are Newt’s plans for energy development which could give us untold riches just by being good stewards of the land and using our God-given resources. Look at North Dakota right now. Think Dubai. Or take his plan to write off all new equipment purchased in a year, which would instantly give us the best equipped workforce in the nation. The sky is the limit as to what we can accomplish if we quit regulating things and killing them, and start innovating and producing them.

So why do the other candidates lack the foresight, and vision to implement such bold plans? Because they are tied down to the old special interests. Santorum sold out to K Street a long time ago, and would be controlled by big labor. Romney would of course represent the wealthy Wall Street corporations that have contributed so much to his campaign already. Only Newt would represent we the people rather than the special interests and do what is best for the nation as a whole. This election will be won or lost on the economy, which is why Newt is the only candidate with the rock solid economic chops to beat Obama come November.”

http://www.coloradanswithnewt.com/2012/02/crux-of-matter.html