Republican Debate

[jgaffney]

I watched the debate tonight on FOX - was it on any other channel? I thought Pawlenty and Bachmann spent too much time squabbling between each other, and Ron Paul spent too much time rambling off somewhere. Seriously, folks, does anyone think that the next American president can afford to ignore Iran because we messed in their election 60 years ago?

The Republican candidates have to make sure that the primary race doesn't turn into a circular firing squad. That's what happened in 2008, and look who we got as the Republican nominee.

The answer to every question should be, "We have to make sure that Barack Hussein Obama is a one-term president. Anything else would be disasterous for our country!"

[jgaffney]

Here's another quote from the debate (full transcript here)

Susan Ferrechio, a reporter for the SF Examiner,was asking Herman Cain questions about how he would revive the economy. Ms. Ferrechio asked,

Mr. Cain, I've got another question for you. You -- you say that we can boost job creation by eliminating the tax on companies that bring back overseas profits to the U.S. But when we tried a tax break like this in 2004, companies didn't create jobs. They just paid bigger dividends to their shareholders. Why would it work this time?

Instead of tackling this implied class warfare head on, Mr. Cain talked about how it could work. What he should have replied is:

Why would it be wrong to pay out dividends to the shareholders? What do you think the shareholders are going to do with that money, hold a bonfire? Paper their bedroom walls?

No! The shareholders will re-invest that money. That's why they are called investors. When they re-invest the money, it will grow the economy, create more jobs and expand the tax base. Ronald Reagan understood that, and that's why we enjoyed the longest peacetime expansion of our economy after the Reagan tax cuts kicked in.

If the current administration understood this basic part of economics, we would not be stuck with nine to ten percent unemployment and GDP growth of one to two percent.

Remember, the answer to every question is that we have to make Barack Hussein Obama a one-term president. The country cannot afford another four years of his brand of democratic socialism.