Republicans and conservatives alike have broadly assailed President Barack Obama’s economic policies that have centered on multiple spending packages intended to stimulate hand-picked sectors of the economy, including the automotive industry, construction, and green energy. Additionally, his policies have provided the unemployed with unprecedented time on the government dole, which some would consider being paid to not work. These policies have wildly failed by most measures, especially by the primary measurement set forth by the Obama administration–that unemployment would not exceed 8%. However, since the first full month of the Obama administration, unemployment has never been below 8%!

Now a prominent Republican has a plan of the same ilk. Rick Santorum would, like Barack Obama, create most favored industries. Any company that claims to “manufacture” would pay no income tax. Much like the current President’s policy of “stimulating”, Santorum’s plan is a de facto stimulus for manufacturing that would cause the limited amount of capital in the market to be used in a less efficient manner as it would be if all businesses were treated equally.

The President has championed welfare, extending unemployment payments for up to 99 weeks. Santorum’s plan is also a model of welfare for a select group that he prefers. Santorum, who chose to have seven children, would triple the child tax credit, greatly subsidizing those who choose to have children because he wants to encourage population growth. Rather than providing more government handouts, this goal would be much, much easier to accomplish with real, fast tracked, simplified immigration reform. Rather than creating welfare dependents from birth, make it quick and easy for people to immigrate the US who are ready to work, grow the economy, and pay taxes, rather than receive handouts.

What is perhaps most amazing is that Santorum’s plan has not received anywhere near the same level of scrutiny that former candidate Herman Cain’s plan did. The 9-9-9 plan was widely assailed when it essentially equated to a 20% flat tax for individuals, 9% for corporations, and the assumption that competitive pressures would drive prices down further. However, Cain’s plan was far, far superior to Santorum’s in that it treated corporations and individuals equally, which would allow markets to decide the most efficient use of their limited capital in contrast to the government steering the economy and family size in the way its current leadership thinks is best.

History has proven, planned economies simply do not work as well as free economies. Rick Santorum would introduce a Barack Obama-style planning to the economy that would ensure the current economic malaise will continue for beyond 2013.

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