The Republican Party’s Economic Plan – for Dummies




Question 1. What are the goals of the Republican Party’s Economic Plan?

Answer 1: There are five goals of the Republican Party’s Economic Plan: 1. Cut the taxes on corporations and upper income Americans. 2. Deregulate corporate restrictions and guidelines, and prevent new ones from being implemented. 3. Cut entitlements (or benefits given to those who have lost their incomes due to illness, unemployment, old age, and disability,) and cut public assistance (welfare). 4.Transfer many of the functions currently done by the government to private corporations – especially functions (and policies) pertaining to the environment, use of state-owned land, lakes, rivers, etc., harvesting timber, mining coal, wildlife management, and wildlife gaming (hunting and fishing). 5. Continue to use Defense Spending as the “Hidden Stimulus Packages” in the republican states. Give lavishly to big corporations for unnecessary weapon systems. Give defense contracts to research and development corporations to create weapons the Pentagon did not requests and do not want.

Question 2. Are these five goals going to produce any positive effects?

Answer 2. Yes, these five goals are going to make the richest Americans richer. They are also going to create many jobs and substantially reduce unemployment. However, these five goals are going to produce more negative effects than positive ones.

Question 3.What are some of the negative effects?

Answer 3. The income gap between the rich and the poor is going to continue to widen. An increasing number of Americans with jobs are going to be living below the poverty line. Americans are going to have less individual freedom, less participation in the governments’ decision-making processes, and less free speech.   
Air, water, and soil are going to become more polluted. Hunting, fishing, camping, and other family recreational activities are going to be costly and restrictive. The socio-economic status and the quality of life for most Americans are going to get worse. There are many more; the ones mentioned here are some of the most important ones.

Question 4. This is the last question: What evidence or proof can you give to support the claims that you are making here? Where do I need to go in order to see the evidence for myself?       

Answer 4. Research the economic plan of President Ronald Reagan or Reaganomics. Pay particular attention to the changes it created in public debt, real wages, homelessness, income inequality, and defense spending. Compare and contrast Reaganomics with the economic policies of Gov. Rick Scott (Florida), Gov. Mitch Daniels (Indiana), Gov. Chris Christie (New Jersey), Gov. John Kasich (Ohio), Gov. Bobby Jindal (Louisiana), and Gov. Scott Walker (Wisconsin). I think you are going to discover that although there are slight economic policy variations among them, the five goals are the foundation of all the governors, including the other 23 republican governors that weren’t mentioned here.

By
James A. Porter    

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