After losing battle to White House, Republicans now aim for new economic agenda

November 23rd, 2008 - 2:13 pm ICT by ANI  

Washington, Nov 23 (ANI): After losing the Nov 4 presidential poll, the Republicans are not learnt to be focusing on how to reshape their economic agenda and message in order to regain the majority in the US Congress. And, for the purpose, they are getting a plenty of advice.

Republican Leader in the US Congress John A. Boehner told his party colleagues last week that ideas are vitally important.”

“We need to be bold. The ‘’same old, same old” won”t cut it, he said and added: If it’’s an idea that’’s relevant, that touches a constituency, that seizes the initiative, I and my team will make it a priority. We can”t slip into the mode of ”comfortable minority” or ”angry, bitter minority.” We have to engage in the battle of ideas.

According to the Washington Times, GOP leaders are of the opinion that the weakening economy and growing unemployment would dominate next year’’s political debate on Capitol Hill, and by the weekend there was no lack of economic proposals for quickly turning things around. The ideas ranged from boosting capital investment aimed at stimulating new start-up companies and job creation, to educating workers for 21st-century jobs.

Republicans have got to retool their policy agenda in ways that connect to middle-class Americans. For instance, instead of calling for a flat tax or a retail sales tax, which will never happen in our lifetimes, how about cutting the middle-income tax bracket from 25 percent to 15 percent, which means most people would pay a flat 15 percent tax? said Republican economic strategist Cesar Conda, who was Vice President Dick Cheney’’s chief domestic adviser.

He added: Or, how about treating investments in human capital the same as investments in physical capital by allowing taxpayers to deduct all educational expenses? Our party can”t simply rehash the Reagan 1980s; we need a future-oriented economic agenda. (ANI)

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