Sunday, October 12, 2008

Money & Business

Capital Commerce

Michigan GOP Voters Fret Over Deficit, Pick Romney

January 16, 2008 10:24 AM ET | James Pethokoukis | Permanent Link | Print

One of the interesting exit-polling factoids to come out of last night's GOP presidential primary in Michigan was that a bit more than half of voters were more interested in having the next president focus on cutting the deficit than focus on cutting taxes. (As if one precluded the other, but anyway....) Yet they voted for Mitt Romney rather than John McCain, whose domestic policy agenda is built around cutting government spending.

Now I tend to doubt whether most people differentiate among the current budget deficit, national debt, long-term entitlement funding problems, and the trade deficit. It all probably sounds like different slices of the same problem to the average person: a managerially inept and incompetent federal government that can't plan for a war, deal with natural disasters, or balance its books. That attitude may have helped give Romney the super CEO an edge over McCain the deficit hawk.

Tags: Michigan | primaries | Republicans | federal budget | New Hampshire primaries

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About the Capital Commerce Blog

Send an E-mail to capcom@usnews.com.

James Pethokoukis is the money and politics blogger for U.S. News & World Report , where he writes the monthly Capital Commerce magazine column. Pethokoukis is also the assistant managing editor of the magazine's Money & Business section. He has written for many publications including the New York Times, the American, USA Today, Investor's Business Daily, and TCS Daily. Pethokoukis is also an official CNBC contributor and appears frequently on that network's Kudlow & Company, Power Lunch, and The Call shows. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, CNN, and Nightly Business Report on PBS. A 1989 graduate of Northwestern University where he double majored in Soviet politics and American history and a 1991 graduate of the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! champion.

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