Speaker of the House John Boehner gave an important address to the Economic Club of Washington today. The speech has a lot of potential newsmakers. The press will probably most immediately focus on the criticism of the president: “The president’s proposals are a poor substitute for the pro-growth policies that are needed to remove barriers to job creation in America”.
Others will focus on the specific policies that the speaker highlights. First, the need for more sensible and efficient regulation and the REINS Act’s promise in reaching this goal. Second, the need for tax reform. And finally, the pro-growth benefits of getting debt and spending under control. All are absolutely on the mark, while a continuation of the status quo — government-centric policies, broken entitlement programs, anti-growth redistributionist philosophies, and anti-competitive tax and regulatory schemes — is dangerous to America.
Speaker Boehner’s remarks are a refreshing dose of common sense, based on sound economic principles, from someone who obviously knows from personal experience how to create jobs and run a business. That’s in very short supply in Washington. Americans will be a lot better off when his views on regulation, taxes, spending and debt are fully implemented in all areas of government policy.
Wrong. Freedom is the route to prosperity. Speaker Boehner’s call to liberate job creators and restore economic freedoms should be music to American’s ears.