ESPUELAS: What do you mean by economic security? Regardless of who the ultimate nominee is, what’s the general idea that the RNC, or the Republican party in general, has in terms of this message?
FRANCESCHI: Well, it’s a message of being able to attain the American dream. It’s less government spending, which a Tarrance Group poll, came out last week actually, shows that the majority of Hispanics believe that less government spending is the way out of this deficit crisis. It’s lowering taxes so small businesses can grow and they can employ more people, because we understand that the private sector is the engine of the economy. It’s not the government. […]
ESPUELAS: Now, how different is that concept from what were the policies of the Bush administration? And the reason I ask that is because there’s some analysis now that is being published talking about the Bush years being the slowest period of job creation since those statistics were created. Is this a different program or is this that program just updated?
FRANCESCHI: I think it’s that program, just updated.
As a result of the Bush economic platform, “growth in investment, GDP, and employment all posted their worst performance of any post-war expansion,” while “overall monthly job growth was the worst of any cycle since at least February 1945, and household income growth was negative for the first cycle since tracking began in 1967.” Meanwhile, the deficit and debt exploded. It would have to be quite the update for the GOP to make anything better happen this time around.