Republicans “Pledge for America” Needs Work

In case you haven’t seen it, Congressional Republicans have released their “Pledge to America.” It has a few very nice, solid ideas in it, specifically:

Repeal and Replace ObamaCare;

Cut Government Spending to Pre-Stimulus, Pre-Bailout Levels (2008 levels);

End TARP Once And For All;

End Government Control of Fannie Mae and Freddie Mac;

Those are all very good ideas as far as they go, but as Gene Healy of the Cato Institute writes, there is a lot of work needed — going far beyond the ideas contained in “The Pledge” — needed to turn around the US economy.