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The Romney Cure for Obama-Induced Economic Ills

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Taylor goes over details of the Romney Plan and why it is better for economic recovery in the U.S.

John Taylor and other experts on the U.S. budget, deficits, and private investment for jobs

01/27/2009

Taylor asks why the U.S. cannot get by on a budget that is 20% of GDP, when this is what the budget was in 2007 and GDP is much larger today. He says private investment can do a better job reducing unemployment and creating a growing U.S. economy. Taylor provides advice on the Romney Plan.

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George Shultz, Milton Friedman, Paul McCracken and other economic advisors jointly sent this memo to U.S. president Ronald Reagan before his first inauguration. The memo provides advice on economic policies and methods at a critical time of soaring inflation and a stagnant economy, with economic difficulties matching what the U.S. economy faces today from the housing bubble and slow growth. Advice on the Romney Plan.

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