Awaiting Details on Chris Christie's Economic Solutions

Thursday, 29 Sep 2011 10:02 AM

By Jacob Wolinsky

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President Barack Obama’s poll numbers are in the tank. He has infuriated Republicans, long lost the independent vote, and is angering liberals who see him as being “too conservative.”

There are huge uncertainties about the American and global economies: Will the Chinese bubble finally burst? Will the eurozone avert a total collapse? Will the U.S. economy stabilize?

One question which has a clear answer is that there will be millions of people unemployed when Obama faces re-election in 2012. The United States would have to produce a virtually impossible (and under Obama, totally impossible) 500,000 jobs a month to make a dent in the real unemployment rate, which includes people who gave up looking for a job.

Obama will be facing re-election with millions of unemployed voters.

All Republicans need to do is run a decent candidate and the GOP are guaranteed to win. All eyes now are on New Jersey Gov. Chris Christie to be that candidate.

However, many questions remain about Christie. No one knows if he will run. Even if he does run, he might not be the candidate everyone thinks he is.

Christie has a short track record and little is known about his views on many topics.

In terms of track record, Christie claims to have capped property taxes.

What happened was that the municipalities raised property taxes by an exorbitant amount. For example; in Passaic, New Jersey, property taxes were raised 12.5 percent last year. Passaic County already has the 10th highest property taxes in the nation.

In terms of economics, he put some good reforms into place for pension reform in New Jersey, but what about Medicare, Medicaid and overall entitlement reform?

Christie has not dealt nor spoken much about these issues.

Christie called the whole ground zero mosque debate a distraction. I beg to differ. The Imam of the mosque refused to condemn Hamas, which attacks and publicly celebrates the murder of little Jewish children.

Does Christie have a soft spot for terrorists?

Foreign policy is very important for the economy. If the economy was not so bad, voters would realize that Obama’s foreign policy is far worse and endangering our security and economic well-being.

9/11 according to many estimates, cost the economy $1 trillion. The war in Afghanistan, which looks to be totally unwinnable, is costing taxpayers $2 billion a week.

What does Christie think about these issues? And will he abandon our allies like Obama, including Israel and Taiwan, to cozy up to dictators in China, Iran and Syria?

These questions remain unanswered. While any GOP candidate would be better than Obama, Christie might not be the best one.

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