Rubio: 'Tax increases' won't solve our debt problem
In the Republican response to President Obama's Saturday radio address, Senator Marco Rubio showed why many observers believe he is a front runner for the 2016 nomination.
"Americans are struggling to find or keep middle class jobs for two reasons: because our economy is not creating enough of these jobs and because too many of our people don't have the education or skills required for the jobs that are being created," says Rubio. "A limited government can and must help solve these challenges.
"We must get the national debt under control. Tax increases will not solve our $16 trillion debt. Only economic growth and a reform of entitlement programs will help control the debt.
"We must reform our complicated, uncertain, job-killing tax code, by getting rid of unjustified loopholes. But our goal should be to generate new revenue by creating new taxpayers, not new taxes.
"We must follow a balanced approach to regulations. Regulations are needed, but they cost money to follow. The more expensive a regulation is, the less money a business has leftover to give raises or hire new people.
"We must not let American innovation in our energy industry go to waste. We have the potential for all kinds of new middle class jobs--from the fields and platforms where we drill, to the manufacturing plants that will return to the U.S. with the lower cost of energy. But we need government to encourage these job opportunities, not continue to block them.
"A return to sound monetary policy would also help by making the future value of a dollar more predictable.
"And we must get the cost of health insurance under control. You should be able to get a health care plan that fits your needs and your budget, from any company in America that's willing to sell it to you, and with the same tax benefit if you buy it yourself or have an employer buy it for you."
Reasonable, logical - and right. It's true that 2016 is a long way off and anything can and probably will happen between now and then that throws current conventional wisdom in a cocked hat. But Rubio is a gifted politician and at this stage, appears to have a good idea of where he would want to take the country.
After another 4 years of this crew, the country may be ready to follow him.