President Obama tanked in the last debate. Good.
Now maybe people will listen when Mitt Romney says things like, “The genius of America is the free enterprise system, and freedom, and the fact that people can go out there and start a business. ... The private market and individual responsibility always work best.”
They do.
But then Romney responded to Obama by essentially saying: I want big government, too!
We who hope for smaller government as a way to expand liberty and create prosperity are disturbed by what we heard last week. The GOP candidate painted himself as a big government man.
“Regulation is essential. ... Every free economy has good regulation.”
He added the obligatory, “Regulation can become excessive,” but showed no sign of understanding that free competition – unrestricted by government monopolistic privilege – is the best regulation. Nothing better protects consumers and workers than free choice in a competitive marketplace.
Romney also made it clear that he doesn’t want to reduce government revenues. He insisted that his 20 percent cut in tax rates would be revenue neutral.
“In order for us not to lose revenue – have the government run out of money – I also lower deductions and credits and exemptions so that we keep taking in the same money when you also account for growth.”
I’m all for slashing deductions and simplifying taxes, but the 1980s taught me to be wary. The top rate went back up – from 28 to 39.6 percent at one point – but the deductions repealed are likely gone forever.
Then Romney said, “I’m not looking to ... reduce the revenues going to the government.”
Why not? The less revenue in government hands, the more private individuals can do wonderful things with it.
Romney emphasizes revenue neutrality because he doesn’t want to be accused of proposing to increase the budget deficit, which he repeatedly pounded Obama over. He could avoid that charge by calling for spending cuts. Our deficit is a spending, not a tax revenue, problem. The federal government already collects $2.6 trillion! That’s more than enough.
Romney says, “I will eliminate all programs by this test: Is the program so critical it’s worth borrowing money from China to pay for it? And if not, I’ll get rid of it.”
Great. But I don’t believe it. He did say he’d take away Big Bird’s and Jim Lehrer’s appropriation. Fine. Big Bird doesn’t need the money. PBS-like programming will thrive without taxpayer handouts, and America shouldn’t have “government TV” anyway. But the cut would be only $445 million out of a nearly $4 trillion budget. Big deal.
He also said he’d “make government more efficient.”
Gee, haven’t other politicians thought of that? The claim is meaningless. That promise is made and broken year after year. Efficiency requires a market test, but since government gets its money by force, there is no market test.
He said he’d “combine some agencies and departments” and cut back the number of employees.” But he quickly added: “through attrition.” Attrition! That isn’t leadership. It isn’t even management. “Attrition” means good people leave and the deadwood stays. I suppose Romney fears losing votes from government workers. Much of the time, Romney endorsed government spending. “I do not believe in cutting our military.”
Never mind that we now spend at Cold War levels and that our military tab is as big as the rest of the world’s combined.
He criticized the federal government’s many worthless job training programs, but did he call for repeal? No: “We got to get those dollars back to the states.”
On America’s useless Education Department: “I’m not going to cut education funding. I don’t have any plan to cut education funding and grants that go to people going to college. I’m planning on continuing to grow.”
Geez. Grow? What good would that do?
The feds already suck $100 billion from state taxpayers only to return it later with strings. It hasn’t improved test results. The department has been a complete waste of money. If the Republican candidate won’t even eliminate that intrusive bureaucracy, there’s little hope.
Maybe Paul Ryan will do better at the vice presidential debate.
John Stossel is host of “Stossel” on the Fox Business Network. He’s the author of “No They Can’t: Why Government Fails, but Individuals Succeed.” To find out more about John Stossel, visit his site at www.johnstossel.com. To read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com.
© 2012 BY JFS PRODUCTIONS, INC.
DISTRIBUTED BY CREATORS.COM
Viewpoints
Mitt Romney, big-government man
- Viewpoints
-
-
Coal problem worth tackling in Washington and Frankfort
Despite hysterical cries from radical environmentalists, neither Sen. Rand Paul’s Defense of Environment and Property Act nor Sen. Mitch McConnell’s Coal Jobs Protection Act would allow activities that bring harm to Kentucky’s wildlife or waterways for the sake of propping up the coal industry.
-
Peter Perlman — Life lessons from a lawyer’s lawyer
One of the great moments of my life was sitting next to legendary Louisville attorney Frank Haddad at a luncheon when he learned he had received the first Peter Perlman Outstanding Trial Lawyer award from the Kentucky Academy of Trial Lawyers.
As they started his bio, the surprised Frank started crying like a baby. A sudden heart attack took him less than a year later. Winning the Perlman award was the crowning achievement of his career. -
Credit score insanity
Frequently, people stop me and ask me personal finance questions.
The most common is how to improve their credit history score.
If you need to improve your credit score, it means you have lousy credit. Before fixing the score, people need to ask how their credit got so bad to begin with. -
‘Tells’ about who will blow their money
Kentucky Derby week is one where gambling takes a forefront in my life. Along with the non-stop activities in my home state, I am speaking at a dinner for the Society of Settlement Professionals in Las Vegas and a film crew from Italy is flying in from Rome to interview me for a documentary about lottery winners.
-
Viewpoints change when critics gain power
Scandals like those roiling Washington often look more or less nefarious as time and facts unfold. After all, what at first looked like a third-rate burglary turned into Watergate.
I doubt the scandals around Benghazi, the IRS and subpoenas of Associated Press phone records reach Watergate status — but we must await more information and time to know. -
Trouble’s last ride
When announcing my retirement, I made reference to letting “Trouble” having one last ride.
-
Going from school to work requires preparation, faith
(Editor’s Note: After graduating from EKU on Saturday, Seth Littrell came to work Monday at the Richmond Register as a reporter/photographer.)
This past Saturday weekend I graduated from Eastern Kentucky University with my bachelor’s in journalism.
It was the single goal I had been working toward for the past four years, and as I walked across that stage I realized I was the first person in my family to do so. -
Report on former EKU Center for the Arts director called 'biased, unfair'
I am writing in response to the Richmond Register’s May 3, 2013, article concerning the former Executive Director of the EKU Center for the Arts. The article I reference appeared on the front page of your newspaper with the headline “Sexual harassment, other offenses alleged in Hoskin’s records in 740 pages of documents.”
-
Recognizing those who provide care
How fitting it is that the beginning of National Nursing Home Week is Mother’s Day, May 12.
-
That’s just how it is: Part four
I mentioned in the first column in this series that I still get razzed for wearing Marshall University Green.
Former EKU President Joanne Glasser always teased me about it. She told me I looked much better in maroon, and I always reminded her I bleed green. I don’t think she ever really cared. - More Viewpoints Headlines
-



