Looking at any poll, you will conclude that Economic Growth, Jobs, Government Debt are at the very top of the list of issues people care about in this election cycle, and I agree these are the top issues facing our nation as a whole. So I made my Top 5 lists of policy initiatives already proposed that I believe have enormous impact on the top issues:
Top 5 Favorite Policies:
1) Move corporate income tax to 25%
2) Increase Soc Security and Medicare eligibility age to 70
3) Block grant Medicaid back to the states
4) Make Cap Gains / Dividend Taxes permanent at 15%
5) Tax Credit/Infrastructure Investment converting commercial trucks to Natural Gas
Top 5 Worst Policies:
1) Tax Increases - $500B in tax increases are coming in 2013 by
letting Bush and other tax cuts expire
2) The Buffet Rule - $5B collected per year vs a $1T deficit. Waste of time
3) Obama-care - Increases deficit, reduce small business hiring
4) Dodd - Frank Financial Reform - Reduces lending by banks limiting economic growth
5) Government Renewable Energy Investment - Adds to national debt, little Return on Investment
Next 5 Favorite Policies:
1) Cut and Cap Spending to 20% of GDP
2) Reduce tax rate by 20% on all individuals
3) Reduce Unemployment Benefits to 13 weeks
4) Move from wage to price indexing for Social Security
5) Move to premium support model for Medicare
If the top 5 were the only things done by the next President, he would he revered in the history books for turning around our epic economic decline. If the Top 5 and Next 5 could be accomplished, our grandchildren will be living in a society that would be the envy of every civilization in history. I would love to hear your thoughts on what you think are our nation's most important issues and solutions. You should at least think about these things when picking your horses this fall.
