CAC1001 said:Not at all. That's part of my point. A lot of times, a politician will make the argument: "We are one of the strongest economies, therefore there is no reason why we cannot enact (insert various regulatory, tax, and spending proposals that said politician has in mind)." The long-term effect of doing that, oftentimes, is to begin sinking the state or country economically, this is what happened to California. So far, Texas has remained smart enough to not start doing this (although they probably will given enough time).
Rick Perry's plan to fix the US economy focuses on reducing government regulations and taxes, promoting energy production, and repealing the Affordable Care Act. He also advocates for a balanced budget amendment and reducing government spending.
Rick Perry plans to reduce government regulations by implementing a moratorium on new regulations and reviewing existing regulations to determine their necessity and effectiveness. He also wants to limit the power of regulatory agencies and require congressional approval for major regulations.
Rick Perry believes in lowering taxes to stimulate economic growth. He has proposed a flat tax rate of 20% for both individuals and corporations. He also wants to eliminate the estate tax and the alternative minimum tax.
Rick Perry's plan to promote energy production includes expanding oil and gas exploration, approving the Keystone XL pipeline, and reducing regulations on the energy industry. He also supports the development of alternative energy sources such as wind and solar power.
Rick Perry plans to repeal the Affordable Care Act by using executive orders and working with Congress to pass legislation. He also wants to replace the ACA with a market-based healthcare system that includes tort reform, health savings accounts, and allowing insurance to be sold across state lines.