He balanced the budget? thats like so 15 years ago...just today he says
GINGRICH: Well, it depends on what you’re subsidizing. The idea of having economic incentives for manufacturing goes back to Alexander Hamilton’s first report of manufacturing which I believe was 1791. We have always had a bias in favor of investing in the future. We built the transcontinental railroads that way. The Erie Canal was built that way. We’ve always believed that having a strong infrastructure and having a strong energy system are net advantages because they’ve made us richer and more powerful than any country in the world. But what I object to is subsidizing things that don’t work and things that aren’t creating a better future. And the problem with the modern welfare state is it actually encourages people to the wrong behaviors, encourages them not to work, encourages them not to study.
good look with that balanced budget with this version of newt
Well, tax incentives are sometimes useful to spur economic development—if not overdone. Would be nice to have a tax problem in manufacturing for a change. That would mean we’re making some headway.