I recently found a great blog promoting Mitt Romney as a presidential candidate for 2008. Mitt and his team saved the Salt Lake City 2002 Olympics from financial disaster. As Governor of Massachusetts he has not only helped the state go from major deficits to a budget surplus, but he is vigiliant about helping the state stay out of the red. He vetoed $290 million in spending just this past week. I wonder what he, as a brilliant investor and business strategist — a turn-around artist really — might be able to do for the United States with its ominous $8.4 trillion debt. That would be fun to watch.
My guess is that if Romney were elected President and had a line-item veto (President Bush called for a line item veto last week in his radio address), he would use it effectively and in no time get our national spending in line with our income. I can’t imagine any other president could do as much to reduce our national debt as Mitt Romney, given his amazing background in business, and his desire to be of public service in the tradition of his father.
(Hey, I just realized how fun a Mitt Romney vs. Bill Gates presidential election would be. It would be so much more interesting than John McCain vs. Hilary Clinton! And I understand Gates might just be available in 2008 …)
According to Wikipedia, all but 7 state governors have a line-item veto.