Does anyone realize that the Republican talking points don't solve anything?
#1 Deregulation - Deregulating the banking industry is what caused the Wall Street collapse in the first place. They were insuring high-risk housing loans. Except, in order to escape insurance regulations, they called it "Credit Default Swaps". Deregulation is letting the kids run wild in the candy store.
#2 Tax Cuts - Ah, the phrase Republicans wake up with in the morning. Virtually all economists agree that tax cuts will not jump start the economy (and it definitely will not help the budget deficit). Give companies all the tax breaks you want. Right now, they have huge reserves of capital and they will only do something with it (like hire people) when it suits them - and not a minute sooner.
#3 Drill for oil - Um, the fact is that the oil supply is unchanged. There is plenty of supply. The reason prices are high is because of "uncertainty" and oil market speculation. You can drill all you want, gas will still be $3-$4 a gallon if speculators have their way.
#4 Flat tax - See #2 above. And congressional studies show that a flat tax would not make a difference in the overall cost of products nor would it lower the effective tax rate for most people. You're simply rearranging/shifting the source of taxes around. Economics 101: Anything that artificially raises prices (like a consumption tax) will discourage consumption (i.e. people will spend less).
#5 No Bailouts - Without the Wall Street bailout, many, many more financial institutions would've imploded very quickly and many tens of thousands of people would've lost their jobs. There literally would've been no money to lend out and Ben Bernanke (who studied the Great Depression all his life) said it would've been worse than the 1930's. (Read or watch "Too Big to Fail").
These are the talking points that all the Republican candidates keep endorsing (that and calling Obama a 'failure' without an explanation). Yet, they don't solve a darn thing.