Wednesday, August 15, 2012

Over 400 Economists, Including 5 Nobel Laureates In Economics, Endorse Romney's Economic Plan Over Obama's Policies

From "ECONOMISTS FOR ROMNEY: Economists Supporting Mitt Romney for President:"
We enthusiastically endorse Governor Mitt Romney’s economic plan to create jobs and restore economic growth while returning America to its tradition of economic freedom. The plan is based on proven principles: a more contained and less intrusive federal government, a greater reliance on the private sector, a broad expansion of opportunity without government favors for special interests, and respect for the rule of law including the decision-making authority of states and localities.
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In stark contrast, President Obama has failed to advance policies that promote economic and job growth, focusing instead on increasing the size and scope of the federal government, which increases the debt, requires large tax increases, and burdens business with many new financial and health care regulations. The result is an anemic economic recovery and high unemployment. His future plans are to double down on the failed policies, which will only prolong slow growth and high unemployment.
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In sum, Governor Romney’s economic plan is far superior for creating economic growth and jobs than the actions and interventions President Obama has taken or plans to take in the future. This November, voters will make a fundamental choice between differing visions of America’s economic future. [Over 400 economists' names follow in the original statement.]
The five Nobel Laureates are Gary Becker, Robert Lucas, Robert Mundell, Edward Prescott, and Myron Scholes.

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