Obamanomics has delivered record corporate profits but sagging - TopicsExpress



          

Obamanomics has delivered record corporate profits but sagging middle-class wages and an anemic, jobless recovery. It has promoted and exacerbated inequality. It has isolated the poor and squeezed the middle class. It has also exposed the president’s party to extreme political vulnerability. But to seize this opportunity — to fix what’s broken in Washington and our economy — a still-distrusted GOP first must end cronyism in our own ranks. The GOP has to close its branch of the Beltway Favor Bank and truly embrace a free-enterprise economy of, by, and for the people. Impossible? That’s what they said about earmarks. Too radical a change? These are principles we already espouse. Imagine a reformed Republican party seizing the moral high ground against political corruption and economic dysfunction. Imagine its leaders, advocating populist, free-market reforms to restore jobs, growth, and fairness to the economy. Faster than you can say “TARP,” we could pin the Left between their egalitarian facade and their elitist agenda, and force them to choose between K Street and Main Street.
Posted on: Mon, 07 Apr 2014 15:25:05 +0000

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