February 4, 2015


Jeb Bush Detroit Economic Club Speech (Ira Stoll, 2/04/15, Future of Capitalism)

Don't underestimate Jeb Bush is the point I've been making here, and Governor Bush is making me look sagacious with a humdinger of a speech today at the Detroit Economic Club that seems to really grasp the substance of the economic issues in a way that I find both encouraging and refreshing. Some excerpts from the remarks as prepared for delivery: [...]

Let's say you're a hard-working middle-class family. You work hard. You pay your mortgage on time. As President Obama likes to say: You play by the rules.

But for President Obama, one of the rules is this: He reserves the right to change the rules. Just last month, he thought it was a good idea to tax 529 college savings plans. Remember: 529s were created to be tax-free ways to save for college. Millions of people started them for their kids and grandkids.

So it's no surprise people hated the president's idea. And he dropped it.

But it was an instructive lesson in the liberal and progressive mindset.

Saving for college is the responsible thing to do. But instead of embracing 529s, the liberals moved to tax them.

It's frustrating. But it shows you how they think...

Growth above all. A growing economy, whether here in Detroit or throughout this country is the difference between poverty and prosperity for millions. If you want to close the opportunity gap, grow the economy. This is a principle that concentrates the mind.

If a law or a rule doesn't contribute to growth, why do it? If a law subtracts from growth, why are we discussing it? And for what it's worth, I don't think the US should settle for anything less than 4% growth a year - which is about twice our current average. At that rate, the middle class will thrive again....

Finally, let's embrace reform everywhere, especially in our government. Let's start with the simple principle of who holds the power. I say give Washington less and give states and local governments more.

We make multi-billion dollar infrastructure decisions based on a labor law written in 1921.President Obama proposes making rules on the Internet using laws written in the 1930s. We regulate global airlines using laws written for railroads. Our immigration laws were written a half-century ago.

Governmental policy seems frozen, incapable and fearful of change. It is in the way. And we deserve better than this.

Bush pitches economic vision, test runs campaign message in Detroit (Dana Bash and Jeremy Diamond, 2/04/15, CNN)

In a speech to the Detroit Economic Club, the former Florida governor tapped into the struggles of "too many Americans (who) live on the edge of economic ruin," debuting what Bush dubbed a "new vision" to create more economic opportunity in the U.S. and give Americans "the right to rise."

"The recovery has been everywhere but in American paychecks. The American Dream has become a mirage for far too many. So the central question we face here in Detroit and across America is this: Can we restore that dream -- that moral promise -- that each generation can do better?" Bush said Wednesday in the financially faltering city of Detroit. "We believe that every American and in every community has a right to pursue happiness. They have a right to rise."

Bush played off those words throughout the speech -- he said "right to rise" six times on Wednesday -- as he harped on a theme he unveiled when he announced his potential candidacy in December and established a PAC by the same name: The Right to Rise PAC.

The potential presidential candidate also appeared to distinguish himself from the 2012 GOP presidential nominee Mitt Romney.

Bush defended the millions of Americans struggling financially, testing his brand of what aides called "reform conservatism" that appears similar to his brother's "compassionate conservatism."

Conservatives must articulate an optimistic middle-class vision (John Murray, 2/03/15, The Hill)

To win the support of middle-class Americans, conservatives must articulate an optimistic, forward-looking agenda that tackles tough middle-class economic challenges -- and we must ask for a chance to put this vision into practice by electing a conservative reformer to the White House who will work with Congress to deliver results for the American people.

Fortunately, the blueprints of this conservative renewal already exist in Room To Grow, a collection of conservative solutions to middle-class problems that has been called "the most coherent and compelling policy agenda the American right has produced this century."

These principled, workable proposals demonstrate that conservatives offer the best way forward on a wide range of issues important to working families:

Healthcare reform to lower costs and improve access and quality;
Tax reform to strengthen the economy and lighten the burdens families bear;
Labor, tax and fiscal reforms to help parents balance work and family;
K-12 education reform to give the next generation a chance to thrive;
Higher-education reform to make college and career training more effective and affordable;
Safety-net reforms to protect the vulnerable and expand the middle class;
Employment policies to get Americans working again;
Energy reforms to cut utility bills and enable growth and innovation; and
Pro-family policies to strengthen marriage and give kids a better shot at the American Dream.

Posted by at February 4, 2015 5:11 PM

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