Monday, January 14, 2008

Mitt: Government Intervention?

Mitt Romney was talking to the Detroit Economic Club today and they have apparently released the text of that speech. Jennifer Rubin at the American Spectator quotes the speech as follows:
"If I am your President, in my first 100 days, I will roll up my sleeves, and I will personally bring together industry, labor, Congressional and state leaders to develop a plan to rebuild America's automotive leadership. It will be one that works for Michigan and that works for the American taxpayers." He goes on to say: ""From legacy costs, to health care costs, to increased CAFE standards, to embedded taxes, Detroit can only thrive if Washington is an engaged partner, not a disinterested observer. The plan should include increases in funding for automotive related research and new tax benefits including making the research and development tax credit permanent." He goes on to whack CAFE standards and McCain and Lieberman (who is campaigning in the state) for their efforts on the current energy bill and then continues: "But taking off all these burdens is only half the solution. If we are going to be the world's greatest economic power, we must invest in our future. It's time to be bold. First, I will make a five-fold increase – from $4 billion dollars to $20 billion dollars – in our national investment in energy research, fuel technology, materials science, and automotive technology. Research spins out new ideas for new products for both small and large businesses. That is exactly what has happened in health care, in defense, and in space. Look how industries in other states have thrived from the spin out of technologies from our investment in these areas. So if we can invest in health care, in defense, and in space, why not also invest in energy and fuel technology here in Michigan?"
Ack! Fiscal conservative? Free markets? This is awful. Of course, what is really going on is pandering.

Listen up, South Carolina! You need to distinguish between true conservatives and ones that try to sound and look conservative! There is only one correct choice.

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