Thursday, June 30, 2011

Mitt Romney doesn’t seem to have a realistic plan for fixing the economy outside of continuing to cut taxes. Romney blames union card-check and cap-and-trade bills for slowing the economy, these are imaginary laws and pure fantasy

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Mit Romney is extremely boring and has practiced Liberal Policies in the past with respect to Gays, Abortions and Health Care. Romney is not a sure bet, even if Gamblers and Bettors think that Romney could be the Republican Nominee.



Big Think
Mitt Romney's Economic Nonsense
Robert de Neufville
June 18, 2011


Mitt Romney's Economic Nonsense


Some excerpts :

Romney recently claimed that President Obama has had “the most anti-investment, anti-growth, anti-job strategy since Jimmy Carter.” Obama certainly has failed to reduce unemployment, but as Ezra Klein says, “By any measure, this absurd. Taxes are at a 50-year low. The Dow has staged a roaring recovery. Business profits are at near record levels.”

The truth is that businesses are doing well, but that high profits and historically low tax rates haven't translated into many new jobs. In the debate Romney particularly blamed union card-check and cap-and-trade bills for slowing the economy. But neither of those bills, as Stephen Stromberg notes, ever actually became law. The idea that either card-check or cap-and-trade rules are the problem is pure fantasy, in other words. If Romney is going to get the country back to work, he’s going to have to do more than repeat conservative boilerplate and repeal a few imaginary laws.
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