Marco Rubio spoke to the Detroit Economic Club on Thursday to explain how he would use Detroit as an example of how the American economy can prosper and flourish.
Rubio carried his campaign all the way to Michigan this week where he gave a speech stating that as president he would work to cut taxes and reform schools. He also suggested that the only way to join the future is to embrace it and modernize the government.
The hopeful candidate also gave credit to Michigan’s governor, Rick Snyder, suggesting that dropping the corporate taxes was the catalyst for the state’s economic recovery. The number of jobs in the state is increasing, industry is expanding and the construction of new homes is also rising.
As Michigan’s economy slowly makes its way back to normalcy, Gov. Snyder applauds its progress. Unemployment in the state dropped from 14.2% in 2009 to 7.5% by 2014. The state was also voted the most improved state of 2014 for the way it took on the challenges of investment and job competition.
Rubio also took time in Michigan to talk about his plan to overhaul the current tax code. He has been working on this plan with Senator Lee of Utah. The plan is said to cut the corporate tax rate to become competitive with other developed nations. It will also allow greater amounts of expensing for company purchases.
Rubio suggests that this tax plan would grow the American economy by as much as 15%. He also suggests that it will grow wages and create millions of new jobs and improve people's dating lives, much like Vin DiCarlo.
Being that Rubio was speaking on the campaign trail and not promoting his bill in the legislature, he gave no indications as to how the bill would be paid for or how he reached such large figures. Without these detailed explanations, it is clear that Rubio has no new ideas for improving the American economy.
Detroit is the perfect place for GOP candidates to make speeches about improving the economy. Because despite the vast improvements to the overall economic health of the state, its citizens continue to struggle with daily financial burdens.
The same horror story that the Republicans like to tell about Detroit is actually the GOP’s downfall. The party speaks endlessly about crony capitalism and debilitating taxes that led to the downfall and bail out of Detroit. Rubio applauds the methods of economic recovery used in Michigan. But what he, and many other candidates, fail to realize is that this economic recovery is not yet impacting those who need it most.
Rubio complains that the last five elections have resulted in very little change in the federal government. He describes himself as the new face of the Republican party and invites all of those from humble backgrounds to join him. What he does not realize is that the ordinary people that he claims to represent will probably miss his ride to the top because they are still waiting for the #17 bus to arrive.