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Whitman to Testify at Economic Hearing

It's Not Too Late to Submit a Question on YouTube

Meg Whitman, the former chief executive of eBay and a potential candidate for California governor, will join Mitt Romney at a hearing Republicans are holding this week on the economy.

House Republican Whip Eric Cantor (R-Va.) is bringing together a star-studded cast for Thursday’s testimony. The hearing comes a week after Democrats held their own gathering on Capitol Hill with five sympathetic witnesses who promoted an economic stimulus package focused on government spending.

Cantor called the hearing at 10 a.m. Thursday at Obama’s invitation to present alternative viewpoints about promoting economic growth. He has also opened his website to public comments and encouraged citizens to submit questions via YouTube. (In addition to posting on YouTube, you can send the raw video file to gopwhip@gmail.com.)

Conservatives are becoming increasingly skeptical about Obama’s plan given its large price tag. My colleagues at The Heritage Foundation have outlined an alternative proposal that would create or save 3.6 million jobs — nearly as many as Obama has outlined under his plan. The difference, however, would be its approach. Rather than boosting government spending for infrastructure projects, Congress would reduce tax rates on individuals, small businesses and corporations through 2013 and extend the 2001 and 2003 tax cuts.

Here’s an explanation from Heritage economist Bill Beach:

COMMENTS

  • DerKrieger

    The primary goal of the Democrats is NOT to create jobs but rather it is to increase the size, power, and reach of government. Passing a program that allows the free market to grow the economy prevents the Democrats from reaching their goal of imposing Euro-socialism on the US. Mountains of pro free-market evidence will not sway the Democrats from their Utopian goal. The same is true about health care. A free market solution deprives the Democrats of control therefore it won’t happen. Amnesty. They support it in spite of increasing unemployment and the displacement of US born workers illegal immigration causes. But it helps the reach their goal of perpetual power so they will work to pass it.

    Democrats cannot be bargained with. They can only be defeated.

  • James_Roe

    Does anyone have a list of economists handy that have publicly opposed Barry’s plan? I’m having a hard time finding one, and a couple of my lieberal friends keep throwing Krugman and his nobel prize in my face.

    Do we have anyone on our side with similar credentials I can use as a reference in refuting their points?

  • http://impudent.blognation.us/blog kyle8

    The American people have chosen big government.

    There comes a time when you must realize that you have failed.

    For a variety of reasons those of us who really believe in limited government (probably only about half of the Republican party if that much and not even everyone on this website) have completely and utterly failed to communicate our beliefs to the rest of the nation.

    A huge struggle between freedom and state-ism began in the early part of the twentieth century. After looking around the world one hundred years later, you must conclude that the state has won.

    All that remains now is the long hard march where we must go back to basics and painfully try to teach the next generation that another way exists.