“For over 20 years, I’ve been writing about and interviewing New York politicians. And it always frustrates, but never surprises, when politicians turn out to be clueless on economics.” – Raymond J. Keating
Ok, so they don’t “heart” him in an official capacity. There was however a great interview with him that touches subtly on why I’m a David Malpass supporter. He’ll make a stellar Senator, but I want the debate more than anything else.
I want the debate in my own party that I feel we desperately need to see who knows the issues and who just knows the catchphrases , and I want the debate against the Democrats in this state who have gotten away with the class warfare rhetoric their union bosses write for them for way too long.
Malpass, along with cats like John Faso and Dan Senor, I feel can win both debates, and do so easily…
On how to cut “out of control” spending, Malpass said, “You start today. You don’t wait for a huge solution. You just start making good decisions every day.” That process, according to Malpass, includes ending earmarks, paying for new spending by “cutting other spending,” and giving any repaid TARP money back to the taxpayers rather than “re-spending it.”
Given the big spending increases tied to health care and other budget undertakings, Malpass worries about the threat of a value-added tax (VAT), which is gaining increased attention in our nation’s capital. A VAT is imposed on the value businesses add at each stage of production. Malpass warned that a VAT encroaches on the states’ sales-tax base; is “insidious because the consumer does not really know where her money is going”; is easy to increase; subtracts from economic growth; and hands more power to Washington. He added: “Given what Washington has done with the rest of the money we’re sending it, we’d be crazy to give them the revenues from a value-added tax.”
The nation needs a much different energy policy that is oriented toward producing nuclear power, allowing drilling onshore, and that means in Alaska in a safe way. A better balance between job creation and domestic energy production on the one hand, and then safety and the environment on the other hand.” Regarding offshore energy, Malpass emphasized that “companies need to be held accountable for environmental damages,” while policy must be set in a careful way so “efficient production of energy” is not blocked.
Some of the intellectual leaders in our party, like William F. Buckley and Jack Kemp, came from New York. I know it’s a tough $30million climb, but let’s add Sen. David Malpass to the list.