While it is true that our government should spend less, it's all the more true that our government should tax less. Cutting taxes, even at the expense of a larger deficit, should be the priority for the Republican ticket. Yet last night we heard not a word of it.
( Read more: One Business Republicans Hate: Porn )
Our economy is limping along because the American people desperately need to reduce their household budget deficits. A sizable tax cut would put more money to work to help families reduce their debt burdens. So why isn't Ryan talking about tax cuts? ( Read more: GOP Platform May Dilute Romney’s Focus on Economy )
I hope the answer is that Mitt Romney will come out swinging for tax cuts. I fear the answer is that Ryan's heart just isn't in it. At the core, he's a deficit hawk rather than a wise tax owl.
FollowJohn on Twitter . (Market and financial news, adventures in New York City, plus whatever is on his mind.) You can email him at email@example.com .Questions? Comments? Tips? Email us atNetNet@cnbc.com or send a text message to: 917-740-8477.
Call us at 201-735-4638.