The reactions on Mitt Romney’s economic proposals are in and they’re mixed for the most part. As noted yesterday, the proposal are most a rehash of what he put out during his last presidential four years ago. The Wall Street Journal isn’t impressed:
Mitt Romney rolled out a major chunk of his economic agenda yesterday, and we’ll say this for it: His ideas are better than President Obama’s. Yet the 160 pages and 59 proposals also strike us as surprisingly timid and tactical considering our economic predicament. They’re a technocrat’s guide more than a reform manifesto.
The Club for Growth, which has been critical of Romney on healthcare and his consistency on economic issues, notes that there are parts of the proposal that sound good, but it’s counterproductive when it comes to China:
“Governor Romney deserves praise for his specific plan to put America on a path to economic prosperity.” said Club for Growth President Chris Chocola. “Eliminating taxes on savings and investment, pushing for a flatter tax system, and cutting the corporate tax are positive steps. Governor Romney has correctly identified that a lower regulatory burden would create a positive climate for economic growth and has laid out pro-growth specifics on how to accomplish this goal. Unlike President Obama, who has given nothing but empty rhetoric promising more of the same failed policies, Governor Romney has offered specific solutions that demonstrate his potential as President. Every top-tier Presidential candidate should issue a comparable blueprint for Americans to review.”