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An Economic Plan We Can Endorse

Friday, July 25th, 2008 By Marc Kilmer

The Warren Tribune Chronicle had a great editorial today that should be read by all policyamakers. Its title? Ohio Needs to Cut Burdensome Regulations:

Strickland and other state leaders are well aware that government has a two-pronged responsibility in encouraging growth. First, the state’s business tax climate needs to be appealing. As the governor pointed out, changes now being implemented in business taxes should make Ohio more attractive in that regard. And a $1.57 billion economic stimulus program will help. [No, it won't -- ed.]

But the other side of the coin involves state regulations that businesses often view as unnecessarily burdensome. Strickland and the General Assembly hope to make progress there, too….

A section of Strickland’s executive order in February hit the problem squarely on the head. ”Proposed rules should focus on achieving outcomes rather than the process used to achieve compliance,” the governor wrote in that order. But ”the process” is precisely why many bureaucratic rules exist. Ohioans simply cannot afford for that mindset to persist among state regulators. If the state is to be made more attractive to businesses, change will have to be pushed by both Strickland and legislators.

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One Response to “An Economic Plan We Can Endorse”

  1. Payday Loan Advocate Says:

    John McCain’s speech in Dayton, Ohio, was repeated on The New York Times. The Arizona senator appears to be in a fighting mode stating, “I’m an American. And I choose to fight. Don’t give up hope. Be strong. Have courage. And fight.” Through his words, he aims to fight for what’s right for America, for justice and opportunity, for the children. McCain makes sure not to ignore the economic concerns that are affecting every individual in the country and others, with items like Issue 5 on the agenda for Ohio voters. He is not hesitant to point out the “Barack the Re-distributor” will spread the wealth and not put policies in place that will create more jobs and opportunities for the nation. While Obama believes taxes are too low, McCain says the spending which seemed normal during the Bush administration is too high. As our country calls out for an economic resolution, McCain does not focus on payday loans as much as Obama. Obama’s promise to bail out Wall Street bankers with $750 billion of taxpayers’ money will not only put a strain on the industry, but many Americans as well. McCain’s ultimate plan for the economy is to “get it out of the ditch and back in the lead.” He feels this will enable Americans to rest easy, knowing they will pass on a better legacy to their children and grandchildren.
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