Herman Cain A 2012 Republican Presidential Candidate

Written by Derek Thomas Tuesday, 19 April 2011 09:10

After his official announcement that he would be forming an exploratory committee to run for president in 2012, Herman Cain has faced a lot of questions about his ability to survive a republican primary and not to mention topple Obama in the general election. However, there has been a lot of talk about the other republican hopefuls for president in 2012 and it's looking pretty bleak for them due to their past policy and personal life issues.

After his official announcement that he would be forming an exploratory committee to run for president in 2012, Herman Cain has faced a lot of questions about his ability to survive a republican primary and not to mention topple Obama in the general election. However, there has been a lot of talk about the other republican hopefuls for president in 2012 and it's looking pretty bleak for them due to their past policy and personal life issues.

Free from the personal life scandals and flip flopping he could be a formidable candidate in the republican primary. Moreover Cain has been strong and unwavering on social and fiscal conservative values over the years. Being a business man most of his life can might just have what it takes to put the economy back on track. His idea on the economy is simple cut taxes, eliminate regulations on businesses, and stop government interference.

Herman Cain knows a lot about business, as former CEO of God Father's Pizza he has also worked for various other large companies increasing revenues for Burger King, Pillsbury and Coca-Cola. With this experience he knows that job creation depends on successful business. The math is simple, when businesses thrive they hire more workers, with more workers there is more income, with more personal income more people buy into our economy. Just how to we get businesses to thrive? Cain says more legislation that is creating expense and regulation on businesses limiting their ability to become successful.

The top corporate tax rate is killing businesses' ability to hire and maintain stable growth and instead of the two year extension, he argues we need to not keep extending the Bush tax cuts but rather make them permanent. At the CPAC conference he argues that we need to throw out the tax code entirely and implement the fair tax, which eliminates federal income, corporate and payroll tax and then replace those taxes with a federal retail sales tax. The fair tax would abolish the IRS and citizens and businesses would only be required to pay taxes on purchases. Cain challenged Bill Clinton back in 1994 at a public forum when the Clinton's tried to establish government health care. He asked Clinton what he should say to his employees when he as to lay them off after an employer mandate of high health care costs. Clinton said it would only add about 1.5% cost to the total cost of business expense. Cain called him out on this and said, "Quite honestly, your calculation is incorrect." Clinton said he would get back to him on his numbers, but never did.

Rather than just doing the talking, as he has been on his Atlanta based conservative talk show, Herman Cain said he would like to actually act on his ideas and he feels this is the best timing for a 2012 presidential run. With the other candidates in the field looking wounded before the battle starts, Cain is someone to consider as the many months of debate push forward.