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Virginia Gov. Bob McDonnell told POLITICO that he and Rick Perry have had conversations about the 2012 presidential race, as the governor of Texas weighs a late entry into the GOP primary race.
"We've had some discussions," said McDonnell, who is vice chairman of the Republican Governors Association, which Perry chairs. If Perry enters the race, McDonnell expects him to be strong.
“He’s got the best record in the country on job creation. The No. 1 issue in the race is, how do we get America back on track, how do we be competitive with the foreign countries and what are the fiscal policies that’s gonna increase the entrepreneurship on our soil and bringing companies back to America. Perry’s done the best job of any governor in the country," McDonnell said, adding: "You need the fiscal and the social conservatives united, and a guy like Rick Perry can do that."
McDonnell, who spoke with POLITICO at the National Governors Association meeting in Salt Lake City, said he hasn't picked a candidate to support in 2012 and won't make a move in the primary until "at least after November," when Virginia holds off-year legislative elections. He said he has already heard from most of the leading presidential candidates.
Only a small handful of Republican governors have endorsed in the presidential race, with Govs. Dave Heineman of Nebraska and Butch Otter of Idaho backing Mitt Romney, and Georgia Gov. Nathan Deal endorsing Newt Gingrich.
That's because most state leaders are still in "wait and see" mode, McDonnell said.
"Most of them will tell you, 'I think it shoudl be a Republican, Republican governor, current or former," he said.
No matter who the GOP nominee is, the Virginia governor expects his home state will swing back to the Republican side in 2012. McDonnell pointed out that he won the governor's race by 18 points a year after Obama won Virginia in the presidential race, and the GOP picked up three House seats there last year.
"I see a sea change in the kind of electorate we're gonna have in Virginia and I think Virginia goes Republican next year no matter who the nominee is," he said.

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Gov Bob "thinks"
"I see a sea change in the kind of electorate we're gonna have in Virginia and I think Virginia goes Republican next year no matter who the nominee is," he said.
Sorry Gov, but I think you are totally wrong.
how rick perry handles debt
http://www.star-telegram.com/2011/07/12/v-print/3217429/texas-debt-growing-at-faster-rate.html
Texas' debt growing at faster rate than U.S. government's
solution
"how do we be competitive with the foreign countries and what are the fiscal policies that’s gonna increase the entrepreneurship on our soil and bringing companies back to America?" I would start by suspending the tax breaks to corporations that send American jobs overseas. I do believe our Governor just returned from a trip to the Far East to drum up foreign businesses to ply thier trade in Virginia.
The FairTax would bring a lot of US jobs back
as well as many foreign companies. Not to mention a huge infusion of capital.
I have to disagree.
I highly doubt any multinational company is going to bring its production line back to the U.S. when they can have their products made in Haiti, Bangladesh, China, etc. for a minute fraction of the cost of even paying minimum wage here in the U.S. There are companies that are having their clothing products produced for as little as 38 cents an hour in places like Haiti and Bangladesh.
I would love to see jobs come back to the U.S., but without trade law reform and the demand for basic workers rights in these third world sweat shops that is an unrealistic dream.
A organized boycott of proven sweat shop products would work wonders but Americans don't really care. They only look for what is cheapest.
Granted, low end production items
would not gain much traction but more complex production would. I think you underestimate the tax burden European products carry even before we add import taxes.
Aw, the old "Fair" Tax fairy tale
http://www.factcheck.org/taxes/unspinning_the_fairtax.html
The rich get richer and the middle class gets hosed. Fair Tax actually discourages companies from manufacturing goods in the US as it is a "transaction" tax. What gets taxed is the final transaction between a US buyer and US seller. It would also kill the automobile and construction industries as the sales of used cars and previously owned homes would be exempt from the tax.
Ho-hum, the article left out one teeny-weeny little fact
Actually, it left out a lot of facts but the most glaring error was their insistence in considering only earners in their analysis. Obviously, I don't have time to pick apart each and every statement they made but, if the made such a fundamental error just how accurate can their anlysis be? Short mention of another error they made. When considering the FiarTax they made a non-factual statement, that the FairTax equals embedded taxes, and used that statement to to try to disprove the claim that the FairTazxis revenue neutral.
What would the rate be?
And is it in addition to or in place of our rigged federal income tax system?
The most important thing it would do is remove
the politician's ability to use the tax code to pay off political debts. Face it, up to this point NEITHER party has really cared about the affect of tax policy on anyone other than the person that asked them (donated to them so they would) change the code. They use our money to bribe each other and donors to improve their re-election chances. THAT is the system which must be broken if we are ever to dig out of this hole.