Well, I think lower taxes and less regulation would actually promote growth.
Apparently there are some Democratic leaders in the Senate that are running for office who now believe in tax cuts.
There's 6 million people living in poverty today, more than when Barack Obama got elected. 6.5 million people are working part-time, most of whom want to work full-time. We've created rules and taxes on top of every aspiration of people, and the net result is we're not growing fast, income is not growing.
A four percent growth strategy means you fix a convoluted tax code. You get in and you change every aspect of regulations that are job killers. You get rid of Obamacare and replace it with something that doesn't suppress wages and kill jobs.
I believe we're at the verge of the greatest time to be alive in this world. But Washington is holding us back. How we tax, how we regulate. We're not embracing the energy revolution in our midst, a broken immigration system that has been politicized rather than turning it into an economic driver. We're not protecting and preserving our entitlement system or reforming for the next generation. All these things languish while we have politicians in Washington using these as wedge issues.
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