Glenn took a look at the stark differences between the Obama speech and the two responses offered by Republicans Marco Rubio and Rand Paul. Obama presents his typical government will fix everything solution, while Rubio and Paul offer a very different path.
“On the economy we know what our fearless leader (President Obama) is saying: Corporate profits have rocketed to all‑time highs, people haven’t paid their fair share, and we can’t cut our way to prosperity and we have to have broad‑based economic growth, a balanced approach and with spending cuts and revenue with everybody doing their fair share,” Glenn said.
“So in other words, we’ve already raised taxes on the wealthiest but they are still not paying their fair share. We’ve already raised them; still not enough.”
“Here’s what Rubio said last night: ‘Unfortunately our economy actually shrank during the last three months of 2012, but if we can get the economy to grow at 4% a year, we could create millions of middle class jobs and it would reduce our deficits by $4 trillion over the next decade. Tax increases can’t do this. Raising taxes won’t create private sector jobs and there’s no realistic tax increase that could lower our deficits by almost $4 trillion. That’s why I hope the president will abandon his obsession with raising taxes and instead work with us to achieve real growth in our economy.’”
“That’s Rubio. Pretty good.”
As for Rand Paul: “With my five-year budget, millions of jobs would be created by cutting the corporate income tax in half, by creating a flat personal income tax of 17%, and by cutting the regulations that are strangling American businesses.”
Glenn liked Paul’s claim to make changes within five years as most ten year plans can fail when a new administration comes into power.
Read the full analysis on TheBlaze.com HERE