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Jack Welch: Just 3 Serious GOP Presidential Contenders
CNBC ^ | June 24, 2011 | Michelle Fox

Posted on 06/28/2011 5:11:04 AM PDT by ejdrapes

Jack Welch: Just 3 Serious GOP Presidential Contenders
Published: Friday, 24 Jun 2011 | 11:52 AM ET Text Size By: Michelle Fox

There are three real contenders in the race for the Republican presidential nomination, according to former General Electric chairman Jack Welch.

He thinks Tim Pawlenty, Mitt Romney or Jon Huntsman will top the GOP ticket in November 2012.

“Each of them has their pluses and minuses,” Welch said. “Only time will tell over the next six months of grueling campaigning” who will emerge as the better leader.

All are former governors. Pawlenty spent two terms in the Minnesota statehouse, where he was credited with tackling a $4.3 billion deficit. He has set an ambitious goal of boosting the US economy by 5 percent annually. His economic plan includes generous tax cuts for individuals and corporations and slashing government spending.

Former Massachusetts governor Mitt Romney has pushed his business experience when attacking President Barack Obama’s handling of the economy. During his one term as governor, Romney says he eliminated a $3 billion deficit without borrowing or raising taxes. He has promised to cut taxes, reduce government bureaucracy and create jobs, as well as cap federal spending at 20 percent of gross domestic product.

Huntsman, the last of the three to throw his hat into the ring, is the former governor or Utah and a former U.S. Ambassador to China. While he was the state’s chief executive, Utah was named by the Pew Center as the Best Managed State in America. The millionaire businessman has vowed to create jobs, streamline the tax code and work to keep the federal budget from being swallowed by entitlement programs and interest payments on national dept.

If Gov. Rick Perry, R-Texas, enters the race, Welch would also count him as a viable candidate.

Campaign promises aside, Welch said the most important thing the person occupying the White House needs to do is articulate a vision for the economy.

“Show the country why the vision is worth it,” Welch said, “and equally important, what’s in it for everybody to do it.”

That’s the bottom line of any business, and he thinks it applies to leading the country.

“People need to know where they are going, why they are going there and what’s in it for them to go there,” he said.

Right now, he doesn’t think the Obama Administration has shown the right leadership because it hasn’t clearly expressed where it wants to take the country. Instead, he thinks the administration has created a series of “piecemeal” initiatives that have created too much uncertainty.

For one, he believes financial regulation is a good idea, but he doesn’t think the Dodd-Frank law or other laws that were written “in the back room somewhere” are the answer.

He also thinks that for green energy to work, leaders need to invest in research and development while allowing drilling and power plant operations to continue.

Two other “piecemeal” initiatives on Welch’s radar are multilateralism, which he said hasn’t helped the situation in Libya, and the health care law. He questioned how millions of people will be added to the government health care rolls without a tremendous cost to taxpayers.

Welch was more sympathetic towards Ben Bernanke. He called the Federal Reserve chairman’s job “brutally tough.” Bernanke was a hero during the crisis, he said, and now he’s just trying to do what he can with the Fed to “keep things going.” But Welch does have his concerns.

“The question is, is money too cheap for too long and what will be the downstream implications of this easy money policy…going forward?” he asked.

As things stand now, we’re in the early stages of what would be a normal recovery, Welch said. But he emphasized the country has to have policies that “don’t scare us.”

“We want to be the most innovative, competitive country in the world—creating jobs and better lives for everyone,” he said.


TOPICS: News/Current Events
KEYWORDS: huntsman2012; pawlenty2012; romney2012
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To: HANG THE EXPENSE

Jack Welch can just rot. He is, and always has been, a major conspirator in the political-industrial complex that as taken over or country.

His agenda is to ensure that a good, controllable politician occupies the White House, so that his “alma mater” can grow ever more rich and powerful. Palin, Bachmann, Paul, and Gingrich do not fit that mold.


21 posted on 06/28/2011 5:30:23 AM PDT by Walrus (Big government is the natural enemy of liberty)
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To: ejdrapes
Nothing like citing a RINO pimp, dude, in your frantic effort to bash Palin.

Pathetic. Notice also he didn't list Bachmann as a serious candidate.

Only a rank hypocrite uses a bash against another candidate while ignoring that the same person is bashing their own.

22 posted on 06/28/2011 5:31:05 AM PDT by dirtboy
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To: ejdrapes

Yuck


23 posted on 06/28/2011 5:31:43 AM PDT by dforest
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To: ejdrapes

Huntsman, the Obama stooge and ardent admirer?

Right, Jack...try again. There`s a good number of us — count me among them — who will not cast a vote for Huntsman under any circumstance.


24 posted on 06/28/2011 5:31:51 AM PDT by ScottinVA (Imagine.... a world without islam.)
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To: PSYCHO-FREEP
Project much? You are in for a HUGE let down.

And another hypocrite chimes in. Do you agree with his list? If so, why are you bashing someone not on it?

25 posted on 06/28/2011 5:32:19 AM PDT by dirtboy
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To: ejdrapes

McCain redux.

The press is on...from all the usual places.


26 posted on 06/28/2011 5:34:18 AM PDT by PBRSTREETGANG
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To: ejdrapes; PSYCHO-FREEP
You two would have more cred if you used this opportunity to explain why Welch excluding Bachmann from the list is a mistake on his part.

Instead, you just engage in your typical Palin bashing.

And then you wonder why so many in the Palin camp on FR have come to hold Bachmann and her supporters on FR in such contempt.

27 posted on 06/28/2011 5:34:43 AM PDT by dirtboy
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To: ejdrapes
He thinks Tim Pawlenty, Mitt Romney or Jon Huntsman will top the GOP ticket in November 2012.

LMFAO!!!!!!!! He must really want Obamarx to get re-elected. He's either trying to be stupid or is completely stoned...

28 posted on 06/28/2011 5:36:23 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: ejdrapes

Those are my bottom three. Hoping Perry gets in.


29 posted on 06/28/2011 5:37:06 AM PDT by jersey117
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To: ejdrapes
I do not see Huntsman even remotely close unless Romney self destructs. Clearly, there will be one RINO candidate that the GOP Establishment will coalesce behind. Hopefully, the Conservatives will coalesce behind a candidate to defeat the Establishment RINO.
30 posted on 06/28/2011 5:38:01 AM PDT by Blackandproud
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To: ejdrapes

The dementia is strong in this one.


31 posted on 06/28/2011 5:38:21 AM PDT by exit82 (Democrats are the enemy of freedom. Sarah Palin is our Esther.)
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To: Lakeshark

Be careful how you declare authoritative superiority.

Welsh is more correct than you realize; (understand)

http://www.thewashingtonnote.com/archives/2008/09/jack_welch_we_a/


32 posted on 06/28/2011 5:39:58 AM PDT by PSYCHO-FREEP (Always Remember You're Unique.......(Just Like everyone Else.))
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To: ejdrapes
Just to add some cred to ol'Jack's pronouncement, I wonder how much he, and GE, contributed to OBozo back in 2008!

IMHO, his 'words of wisdom' on a proposed GOP ticket just put nails in the coffins of his dream team vying for a seat in the 'People's House' on Pennsylvania Avenue.

33 posted on 06/28/2011 5:40:53 AM PDT by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: ejdrapes

Thank you Mr. Welch for letting us know who G.E. OWNS in the primary and who should NOT receive our precious vote.


34 posted on 06/28/2011 5:41:12 AM PDT by Mr. Jazzy (The United States Marine Corps, your greatest friend or your worst enemy. YOU choose.)
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To: dirtboy

You are losing it.

Palin wasn’t mentioned here and neither was Bachmann.

Go back and re-read the the thread.

Jack Welch says the only serious candidates are Romney, Huntsman, and Pawlenty.

Palin is not running, and Bachmann, Santorum, and Cain are the only three conservatives who are running.

No conservative will be considered by Jack Welch as being serious. Get it?


35 posted on 06/28/2011 5:41:59 AM PDT by dforest
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To: dirtboy
And then you wonder why so many in the Palin camp on FR have come to hold Bachmann and her supporters on FR in such contempt.

Most of her supporters on FR were rabidly anti-Palin (PDS to the max) before Bachmann became a candidate.

That they then go and pick a person as their candidate with such a thin resume, no executive experience and no accomplishments says more about them than I care to understand........

36 posted on 06/28/2011 5:42:28 AM PDT by Lakeshark (Thank a member of the US armed forces for their sacrifice)
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To: All

BTW...NOTHING from CNBC has any cred - PERIOD!


37 posted on 06/28/2011 5:42:28 AM PDT by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: ejdrapes
Right now, he doesn’t think the Obama Administration has shown the right leadership because it hasn’t clearly expressed where it wants to take the country.

Jack, Jack, Jack. Haven't you been paying attention for the last 100 years? Democrats can never tell us the true about where they are taking the country. They would never get elected. They must lie!

38 posted on 06/28/2011 5:45:38 AM PDT by Mind-numbed Robot (I retain the right to be inconsistent, contradictory and even flat-out wrong!)
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To: dirtboy
Looking at the latest demographics of the overall general population, America is still very much moderate to Liberal/Socialist.

If America was headed towards what you claim, Obama would only be polling around 25%. Instead, the effects of what Obama has done, seem to have little effect on his popularity. He still polls in the middle with a slight edge among the general and voting public.

BULLETIN: (Not my fault) But something tells me you will try to make it so, regardless.

39 posted on 06/28/2011 5:46:36 AM PDT by PSYCHO-FREEP (Always Remember You're Unique.......(Just Like everyone Else.))
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To: indylindy
Read the thread, troll. A poster mentioned Palin. The usual suspects bashed Palin as a candidate. Even though Welch didn't mention Bachmann as a serious candidate, either.

Only a rank hypocrite uses a story like this to bash Palin when it also bashes their own candidate.

It's the kind of crap I've come to expect from the Bachmann trolls. Not all Bachmann supporters, just the handfull that are always running around bashing Palin as part of their routine.

40 posted on 06/28/2011 5:47:22 AM PDT by dirtboy
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