NOW HEEEEEEEERRRRRRSSSSSS T-PAW!PAWLENTY PROPOSES "BETTER DEAL"
WHAT T-PAW DOESN'T SAY IS IT'S A BETTER DEAL FOR CORPORATIONS AND THE AMERICAN ARISTOCRATS!
Tim Pawlenty delivered a speech Tuesday morning at the University of Chicago, laying out an economic platform that he is dubbing a "Better Deal" -- in a clear word-play on such past progressive economic policies as Teddy Roosevelt's Square Deal, Franklin Roosevelt's New Deal, and Harry Truman's Fair Deal. Though of course, Pawlenty's proposals are quite a bit different.
Pawlenty's proposals would involve drastic slashing of tax rates: The corporate tax rate would be reduced from 35% to 15%, and the income tax would now take up only two brackets of 10% and 25%.
Pawlenty would in turn drastically cut spending, including some possible cuts or privatizations/eliminations of services that people have taken for granted. "Now there's some obvious targets. We can start by what I call 'The Google Test.' If you can find a service or a good available on Google, or the Internet, then the federal government probably doesn't need to be providing that good or service," said Pawlenty. "The post office, the government printing office, Amtrak, Fannie Mae, Freddie Mac, and others, were all built for a time in our country and a different chapter in our economy, when the private sector didn't adequately provide those services. But that's no longer the case."
Thus, Pawlenty is clearing placing himself staunchly on the right, with a program that would drastically change the shape of the federal government as Americans have known it. In an environment where the GOP has run into trouble over Rep. Paul Ryan's (R-WI) proposals to privatize Medicare, will these ideas fly with the general public beyond the GOP primary base?