I just noticed that my favorite Massachusetts flipflopper just came out with a plan for jobs and economic growth before the GOP debate and Obama's speech. Now, I'm always happy when a candidate spells out specifics, rather than vapid promises to "create prosperity", so I always check this stuff out.
Create Reagan Economic Zone
But we can hardly rest there, for there is an opportunity to pursue a gamechanging multilateral agreement among like-minded nations genuinely committed to the principles of open markets. As president, Mitt Romney will pursue the formation of a “Reagan Economic Zone.” This zone would codify the principles of free trade at the international level and place the issues now hindering trade in services and intellectual property, crucial to American prosperity and that of other developed nations, at the center of the discussion.
Such a partnership would be extraordinarily attractive to most developed nations, and to those developing nations that have embraced free enterprise and open markets. With membership open to any nation willing to abide by the rules, two primary U.S. objectives would be fulfilled. First, as the most open and innovative economies came together, the dynamism of the resulting economic zone would serve as a powerful magnet, drawing in an expanding circle of countries willing to abide by the rules in exchange for greater access to one another’s markets. At the same time, it would also serve as a mechanism for confronting nations that violated trade rules while free-riding on the international system. Creating a large open market, and excluding countries that failed to respect the rule of law, would prevent cheaters from prospering and provide a major incentive for them to reform.
Seriously? This snippet is pretty much how the entire plan reads. A hundred and sixty pages of a jobs plan... minus the plan. No real specifics, beyond party platitudes and wishful thinking. It's like the Underpants Gnomes of Politics: "1. Cut taxes! 2. ... 3. Lowered Deficit!" He might as well have made a commercial that said, "I promise that things will be better because I'll make it better!"
Wake me when he actually plans on talking seriously about the issues he cares about. If you care about the deficit, then let me know how much you plan on trimming the major expenses of our government: Defense, Medicare, Social Security, and Medicaid take up 70% of our budget. Talking about cutting "waste, fraud and abuse", or getting rid of "Obamacare" (which is laregely based on the GOP's health care proposals during Clinton's first term and Romney's plan actually implemented in Massachusetts), or reducing capital gains taxes for the poor (who on the whole have no money in the stock market) tells me that he isn't interested in taking the problems seriously.
Ultimately, what I get from this "Plan" is that Romney is trying to throw red meat to the crowd and praying that it helps him catch up to Perry in the polls.
Good luck with that, Mitt.