EconoMeter panel debates the debate
Roger Showley, U-T SAN DIEGO
Friday, October 5, 2012
Kelly Cunningham, National University System
Each candidate’s position on tax, debt, and regulatory policies was clearly on display. Trickle-down government versus unleashing the private sector was sharply contrasted by each candidate’s statements. For nearly every question, President Obama had a government solution, while Gov. Romney advocated private-sector solutions. Through favoring private enterprise and limited government, Romney showed his commitment to pro-growth tax reform by lowering rates and broadening the base in a revenue-neutral fashion that will actually create jobs and spur the economy. Obama could only double-down his commitment to spending more on big government programs with continual deficit spending and further raising taxes.