Tuesday, July 5, 2011

Mitt Romney's Seven Habits of Highly Effective Economies

I was watching Mitt Romney in a Town Hall this morning in New Hampshire. The last question he fielded had to do with how we make the United States' economy return to the top. He referenced Steven R. Covey's book Seven Habits of Highly Effective People, and told how in the course of his professional and public life, he has come up with the "Seven Habits of Highly Effective Economies."

This is not the first time he has shared this, but I thought I would share it again here as I believe it is good stuff.

1. The corporate tax rate in the United States should be competitive with the rest of the world. Currently we, along with Japan, have the highest corporate tax rates.

2. Modernize regulations and get rid of the burdensome and overwhelming bureaucracy.

3. Trade policies that are mutually beneficial. Our trading partners should not be the sole beneficiaries of our trade policies. We must also benefit.

4. Energy policies that will establish "energy security" in the United States. We cannot continue to send billions of dollars to other oil producing countries. We need to use our own resources.

5. “The rule of law, to make sure that decisions of government aren’t made on the basis of crony capitalism but instead are based on fairness.”

6. Great schools. Our education is currently in the bottom third in the world. We need to develop our human capital.

7. The government must not spend more than it takes in year after year.

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Ohio JOE said...

Wow! I actually agree with these points.

Noelle said...

OJ, any reasonable person would. :)

larry said...

Common sense philosophy from our next President.

Anonymous said...

Thanks for the info, Noelle.


Ann said...

Sometimes solutions are not that complicated. We only need a leader like Romney willing to do what's necessary.

BOSMAN said...

Looks like a great set of principals to help one govern.

Revolution 2012 said...

No doubt when Romney talks of fixing the economy, he's in his element.