Saturday, January 23, 2010

I'd vote for this Democrat...

The Clintonian Harold Ford Jr. [Robert Costa]

Harold Ford Jr. may run in New York’s Democratic Senate primary, and if he does, it looks like he’ll run to the right of incumbent Sen. Kirsten Gillibrand (D., N.Y.). In an interview with Jason L. Riley of the Wall Street Journal, Ford outlined his thoughts on the economy and what President Obama can learn from Bill Clinton. As Riley puts it, “it’s no wonder many consider Mr. Ford too conservative to win a U.S. Senate seat in New York:”

To address the anxiety Americans are feeling, Mr. Ford thinks that the White House needs to focus squarely on the economy. "First we need to cut taxes for businesses in the country, small and large," he says. "We ought to provide a six-month exemption from the payroll tax for all firms less than five years old. We ought to extend the current capital gains and dividend tax rates through 2012. We ought to make permanent all the research and development tax credits for businesses making those investments. And we ought to lower the corporate tax rate from 35% to 25% . . . Clinton was my kind of Democrat, and is what I came to know a Democrat should stand for . . . When Bill Clinton took office, he inherited a record-size debt, yet balanced the budget in 1998 . . . We created 22 million new jobs. The country handed a surplus to his successor. This is the lesson for our current president. You can find a way to grow the economy and be fiscally disciplined. It can be done."

More here.

No comments: