Posted on 06/28/2011 5:11:04 AM PDT by ejdrapes
Jack Welch: Just 3 Serious GOP Presidential Contenders 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.
Published: Friday, 24 Jun 2011 | 11:52 AM ET Text Size By: Michelle Fox
*rolls eyes*
Sorry, anyone who sees Huntsman as a potential GOP nominee is truly delusional.
He was great at running GE, not so much at politics. To paraphrase, "Shut up and run a company."
:)
So basically you agree with Welch’s assessment? So we should just fold out tents and fall behind one of Welch’s chosen field? Really brilliant.
Point out where she was bashed. I must have missed it.
You see, you make every thread into what it turns out to be.
This poster did not mention Palin at all. He also did not mention Bachmann.
Reading comprehension is your friend.
They can deal with an Obama. For crying out loud, GE does business and prospers in every dictator led hellhole in the world. They know who to buy off.
Check out the post he was responding to, troll. Reading comprehension on FR entails following the conversation. Try it sometime.
Proving once again that Fortune 500 execs don’t know any real conservatives. If the GOP nominates any of these three we lose.
Reality is tough for some to swallow, like those who predicted Obama would win in ‘08. Not because they agree with his agenda, simply because some see the World more realistically than others.
You can continue to get rude and nasty with those who don't like or agree with, but all that will do is reveal more about you than the issue at hand.
You need to take some time off. You really have become unhinged.
GE is essentially a client company of the Federal government.
Post 6: When (if) Sarah Palin announces she is a candidate for President, this campaign will then become SERIOUS!
Post 17 from PDS troll, in response to 6: Not according to Jack Welch.
Yep, Welch doesn't mention either Palin or Bachmann as a serious contender. Yet the PDS troll uses that as a Palin bash. Well, then, if Welch is correct about Palin, then he is also correct about Bachmann?
Like I said, rank hypocrisy. But that's never been an impediment to your gang.
Now, go ahead and insult me and or Palin further. It's the only game you know how to play.
You are kooky.
He said “not according to Jack Welch”
That is not Palin bashing. That is a fact. Jack Welch would not consider Palin or Bachmann serious.
Good grief. Your skin is so thin that I am surprised it is still hanging there.
So tell us who we should coalesce around in your opinion, then.
Rank hypocrites. I don't expect you to recognize such, as you are the biggest PDS troll/hypocrite in the buch. Has nothing to do with a thin skin, and everything to pointing out skunks.
Jack Welch, the same guy who picked Jeff Imelt to succeed him at GE is now trying to pick a Republican nominee. Ah, no thanks Jack.
So then explain 2010.
Just something to think about, folks.
Go back and re-read my last few posts. I acknowledge that that Welch would not consdider Bachmann or Palin serious.
Are you crazy, or are you just a petty little thin skinned whiner who has gotten themself so invested in a politician that you are unable to see the forest through the trees?
Now I am done arguing with a loon.
And was my initial post addressed to you? No. It was addresssed to one of your cohorts.
You just can't debate honestly, can you?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.