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To: 2ndDivisionVet

These are my notes from her speech. They are not as detailed as yours, but are what I got out of the very solid speech she gave.

She has five segments to her plan:

1) Stop expanding out-of-control Government. Enforce the 10th Amendment.

2) Repeal Obamacare. Rein in regulations.

3) No more run-away debt. Prioritize and reform entitlement programs.

4) Become the energy superpower we are capable of being. Link prosperity and energy.

5) Make America the most attractive place on earth to do business. Eliminate all corporate income tax.


69 posted on 09/04/2011 11:57:11 AM PDT by Helen
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To: Helen; 2ndDivisionVet
Excellent analysis. Only missed one thing as far as I'm concerened. The point picked up by Hellen: entitlement reforms. This has been dicussed previously on FR, and SP has been accused to be soft on fiscal cuts for not saying right out that it is a question of cut-backs. But it is not, and she explained it clearly yesterday.

I have seen entitlement reforms, and they can be carried through. In 1991 - 94 socialist Sweden decided to change our pay-as-you go public penaion system to a partly funded system ad modum Peter Ferrara (from Cato Institute) and Martin Feldstein. That is, socialist Sweden changed its pension system for a system with its intellectual roots in the libertarian Cato think-tank. Who would have thought that was possible. One person did, and she managed (without much support) to carry it through.

The alternative, which already had been tried, was to let the statists and the socialists take more and more money either from the younger tax-payers and/or from the pensioners. In short entitlement reforms is not just about fiscal probity it is about morals.

Work keeps me from writing much at FR at the moment, but I hope to be able to come back with a fuller story on how the Swedish pension system was reformed.

80 posted on 09/04/2011 12:29:02 PM PDT by ScaniaBoy (Part of the Right Wing Research & Attack Machine)
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