volinbham
VN GURU
- Joined
- Oct 21, 2004
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Here's where I see Romney potential:
1) he'll be more aggressive against regulatory growth
2) he'll be dealing with a Congress that is less likely to pass big entitlement programs (e.g. Prescription Drug Benefit)
3) he'll generally do less in terms of government programs to support particular industries.
May do's:
1) may oversee a tax code simplification
2) may oversee an attempt at entitlement reform.
Bush's big fiscal sins were wars (which I don't see Romney being as aggressive on) and Prescription Drug Benefits (people forget that Dems in Congress wanted a much more expansive/expensive program).
In short, I think the combination of the tone of the country, the stalemate in Congress and generally philosophy will mean Romney is more fiscally conservative than W and way more than Obama.
1) he'll be more aggressive against regulatory growth
2) he'll be dealing with a Congress that is less likely to pass big entitlement programs (e.g. Prescription Drug Benefit)
3) he'll generally do less in terms of government programs to support particular industries.
May do's:
1) may oversee a tax code simplification
2) may oversee an attempt at entitlement reform.
Bush's big fiscal sins were wars (which I don't see Romney being as aggressive on) and Prescription Drug Benefits (people forget that Dems in Congress wanted a much more expansive/expensive program).
In short, I think the combination of the tone of the country, the stalemate in Congress and generally philosophy will mean Romney is more fiscally conservative than W and way more than Obama.