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Nein, Nein, Nein

Posted by: Tom Keene on October 13, 2011

The handshake is let’s-talk-business firm. The greeting is collegial and winning. And, he is. (Would a properly schooled media consultant have gone with the tie in equity-kicker gold?)

It is not my place to give opinion on the surging politics of Herman Cain. I can report a bounce in his step, a certain enthusiasm that surrounds his modest entourage.

I am in search of an economist/strategist/analyst who can suggest that a “hypothetical” implementation and/or debate-through-legislative-process of “9-9-9” could be possible.

Most move immediately to the righteth 9, the value-added-national-sales-tax 9. The “analysis” sums to dead-on-arrival and, migrates to 9 becoming 9.9 becoming 10.X, becoming 1X.XX. No, not 29…I flunked Roman Numerals, too. (For public response, see the Canadian vaudeville act Trudeau & Mulroney and “their” Goods and Services Tax, vintage 1991.)

Enough. Sleep deprivation envelopes (a Dartmouth All-Nighter).

It is a time for 60-weeks-from-election policies & plans. Mr. Cain creates an important and supportable moment for a set of America. Perhaps, another set, a larger set will simply say, Nein, Nein, Nein. Discuss.

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EconoChat captures Tom Keene's thoughts on economics, finance and investment. He is editor-at-large for Bloomberg News and hosts Bloomberg Surveillance and Bloomberg on the Economy on NYC1130, Sirius 129 and XM 130 and Surveillance Midday on Bloomberg Television. His complete interviews are at Tom Keene on Demand. Look for Tom on twitter @tomkeene

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