Thursday, April 12, 2007

Four Pillars Of American Prosperity

Rudy wrote in the Financial Times about his "Four Pillars Of American Prosperity". With Forbes at his side Rudy is going to be able to blow the field away with his financial knowhow and fiscal conservative credentials.

1. Reduced spending growth. Fiscal conservatives understand the value of controlling the size and cost of -- government. Controlling spending makes -- government more efficient and more effective ...

2. Lower Tax Rates. ... Taxpayers deserve the lowest possible tax rates, simplification and certainty about what those rates are likely to be -- not the gimmicks and tricks Congress imposes.

3. Regulatory Reform. The US currently has a regulatory black eye. We are being hurt by heavy-handed regulators, laws such as Sarbanes-Oxley and an environment of hyper-litigation and shareholder lawsuits … We now need to reform the unwise excesses of the initial reforms. When regulation becomes too burdensome, it weighs on us like a tax. ...

4. Sound monetary policy. A strong economy and a sound monetary policy are intertwined. The Federal Reserve Board is the ultimate, independent arbiter of monetary policy. It is essential that its appointees ... understand that stable, low inflation is an input -- not an impediment -- to … stronger economic growth. ...

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