Raymond Richman - Jesse Richman - Howard Richman
Richmans' Trade and Taxes Blog
Candidate Positions on Trade in the Fox News Debate 8/11/2011
In the Fox News sponsored debate that took place in Iowa on August 11, 2011 several of the candidates addressed the issue of the decline of American manufacturing and trade, though none used the term "trade deficit" in their discussion. Several offered proposals, though none provided details and their campaign websites often provide even less information than the candidate did in the debate. The challenge, as framed by Huntsman is that "We don't make things anymore in this country. We need to start making things in this country."
Huntsman: Reduce environmental regulations and cut taxes.
Romney: Negotiate better free trade agreements and cut corporate tax rates.
Santorum: Cut corporate tax rates.
Hopefully the candidates will begin fleshing out more comprehensive proposals to address this issue, with a serious and comprehensive program to strengthen the American economy and create jobs.
Comment by Bruce Bishop, 8/15/2011:
These sound bites are so easy for the left to demagogue:
Huntsman: Destroy the environment and tax cuts for the rich.
Romney: Tax cuts for the rich.
Santorum: Tax cuts for the rich.
Those on the left don't want the jobs to come back. Leftists have always despised commerce in general and manufacturing in particular. Furthermore, they have no use for the middle-class, who they look down their noses at. Their goal is to have a majority of Americans dependent on the government for support. They are making steady "progress" in that direction.
Journal of Economic Literature:
Atlantic Economic Journal: