November 10, 2013

THE CONSERVATIVE HEALTH CARE PLAN IS PRO-GROWTH:

Attack Obamacare, but Talk Growth Too : That's the GOP one-two punch for the midterm elections. (Larry Kudlow, 11/08/13, National Review)

As a supply-sider, I urge the GOP to stay on track with pro-growth tax reform -- broadening the base, lowering marginal tax rates, and simplifying the entire code for businesses and individuals. And I am also impressed by Senator Mike Lee's proposal for a substantial increase in the child tax credit, which will boost take-home pay for the middle class.

Now, the push for economic growth is not a brand new idea. But it's an important idea. And Republicans, I think, can walk and chew gum at the same time. They can nail Obamacare and promote economic-growth policies.

As for the health-care issue, Republicans should also spend more time promoting their own alternative policies. Why not more freedom to choose your insurance plan by shopping across state lines? Why not tax breaks going directly to individuals and families rather than big business and big labor? In a play for the youth vote, why not new plans for preventive medicine and major-medical catastrophic insurance that includes rock-bottom premiums? The young and healthy might think about returning to the GOP if the GOP comes up with a few ideas to help them out.

In the long run, positive conservative messages on growth, taxes, and health care are better than just negative attacks.

Tweaking Obamacare so that folks are defaulted into an HSA/catastrophic plan--publicly-funded for the poor--is not just positive but pro-growth and, literally, progressive.

Posted by at November 10, 2013 7:53 AM
  

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