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Forum Post: Romney gives specifics of his economic plan

Posted 1 year ago on Oct. 4, 2012, 12:20 a.m. EST by brightonsage (4494)
This content is user submitted and not an official statement

Well, we finally know the details of the "Plan."

He will cut taxes, if Congress cuts them. He will not reduce taxes paid by high income Americans. He will raise them no more than the amount that Congress reduces loopholes. Except he will reduce deductions to a maximum of $17,000 to $25,000. He will spend $2 trillion more on the military, if Congress lets him. He repeal Obamacare and will allow the states, everyone of them, to implement Obamacare. He will increase education spending, if Congress passes it. He will keep Medicare just like it is for everyone that it stays the same for, but replaces it for everyone that Congress changes it for. The $716 billion that Obamacare has saved for Medicare, he will put back in Medicare, which would obviously raise the cost by that amount. Social Security, which will not change until Congress changes it, and then it will be different and better, by definition, because it isn't the same. Social Security must continue but it may change to a privatized system, if a Republican Congress does what it voted to do in the Ryan Budget.

He said 3% of the small businesses employ half of the workforce. How small is that?

To quote Borosage: Now he's pushing tax cuts and deregulation, but don't worry. "My plan is not like anything that's been tried before." We're all in this together. Of course, the plan is secret; the details too complicated. But elect me first -- let me as always take my piece up front -- and then you'll see, we'll all prosper. If the man from Bain can sell that, we are all in big trouble.

Bottom line is four years of George W.

67 Comments

67 Comments


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[-] 2 points by brightonsage (4494) 1 year ago

I hate to comment on my own post but I believe I could help both of these guys out. Lets just agree to stop FOUR (4) wars. Obviously the War in Iraq, we can say it's over but we are still spending how much over there and we could lease out the embassy which is even larger than the combined footprint of Romney's houses. Then there is this little Suicide War in Afghanistan,stan. They commit suicide to kill us, we commit suicide by being there and then the mental consequences for the troops results in suicides back home. But then there is the War on Terror, which has cost American's more rights than al Qaeda would take from us (well nearly). You get the point. And then there is Nixon's War on Drugs. You all know the facts on these and that we could balance the budget without tricks if we would cancel these. The first three of these could reduce the military security/spending by two thirds (say $350 billion a year? Ten years, $3.5 trillion? ) and that is close to real money, as Dirkson used to say. Then maybe we could invest a couple of bucks in infrastructure?

Oh. and we do need to cancel carried interest, sorry Mitt, and the Corporate welfare.

[-] 1 points by hazencage (58) 1 year ago

Mitt Romney lied a lot in the debate though.

[-] 1 points by brightonsage (4494) 1 year ago

"A lot" might not be strong enough.

[-] 1 points by brightonsage (4494) 1 year ago

Be there or be square.

[-] 1 points by jph (2652) 1 year ago

lol,. excellent summary!

[-] 1 points by brightonsage (4494) 1 year ago

Thanks, all I know is what I read in the papers.

[-] 1 points by factsrfun (8655) from Phoenix, AZ 1 year ago

It will be eight, these guys know how to stay in office, two more conservative judges on the court and two brand new young cons to go with making it a 7/2 conservative court for the next 40 years or so, I wouldn't be surprised if they decide it's not right for people who don't pay taxes to vote, that should take care of the 47% problem.

Let's face it Obama blew a lot of chances to say WTF but didn't, and now next week if Romney is up by 2 I think we screwed and I didn't think it could happen....

[-] 1 points by brightonsage (4494) 1 year ago

Yes, he did but maybe somebody can learn how to do arithmetic in the next couple of weeks. And there are a couple of other issues, like the end of science, healthcare for everybody but women, and children, and veterans and undocumented and old people and...and...

[-] 1 points by factsrfun (8655) from Phoenix, AZ 1 year ago

They convinced a lot of people that if the media says anything they don't like it's a liberal lie, and they have been whittling away at the ideal that facts matter, they have come right out and said that their campaign won't be ran by the fact checkers, many of their voters are still questioning evolution and don't get me started on climate change. I know most people don't buy this crap I just hope enough of them vote.

[-] 1 points by brightonsage (4494) 1 year ago

Where there is the vote, there's hope.

[-] 1 points by factsrfun (8655) from Phoenix, AZ 1 year ago

I am actually concerned about the vote if Romney gets eight years and four court selections, well within the possibility, that could leave us with a 7 to 2 conservative majority for the next thirty years.

[-] 1 points by brightonsage (4494) 1 year ago

I share your concern (panic) because it is a package deal.

[-] 1 points by factsrfun (8655) from Phoenix, AZ 1 year ago

It's hard to imagine but the GOP are putting up laws to make voting harder now, sort of testing the waters so to speak, if seven Supreme Court Justices say that only the blond haired, blue eyed, need to show up at the polls, well that's the law of the land. No matter what you or me may think.

[-] 1 points by brightonsage (4494) 1 year ago

Sadly, that is true. The removal of the pressures that others face to maintain their lives beyond their current vocation has brought many to their better selves in the past. i.e. right wing (not conservative) becoming more liberal. That doesn't seem to be happening with this crop. A recent study re Lord Acton's disease (Power corrupts...) it was found that power actually exaggerates the character that you have, rather than changing it.

[-] 1 points by MattLHolck (16833) from San Diego, CA 1 year ago

expectation

[-] 1 points by brightonsage (4494) 1 year ago

I went for the poetic.

[-] 1 points by MattLHolck (16833) from San Diego, CA 1 year ago

exasperation (latin always rhymes)

[-] 1 points by brightonsage (4494) 1 year ago

ad aspera per aspera. as we used to say, down at the Forum.

[-] 1 points by hchc (3297) from Tampa, FL 1 year ago

Its probably best not to get caught up in either of these guys, and remember they are both already bought off, their parties have been bought off for decades, and your life is going to get dramtically harder the next four years regardless who is elected, so better start crafting a plan to take care of your family, because the next four are going to make this four look like a picnic.

[-] 1 points by WSmith (4187) from Cornelius, OR 1 year ago

let's fact check, and choose the lesser liar.

[-] 1 points by hchc (3297) from Tampa, FL 1 year ago

Yes, lets sell our dignity and vote for a net loss for our kids future. That is absolutely pathetic. What kind of self respecting adult votes for a lesser liar?

Voting is only a small part participating in a democracy is anyways.

[-] 1 points by WSmith (4187) from Cornelius, OR 1 year ago

Voting is the supreme expression and action of democracy. Democracy without voting is like a car without wheels, a meal without food, a computer without an input device. You don't know this?

[-] 1 points by hchc (3297) from Tampa, FL 1 year ago

Actually, self governance is a lot more work than just voting. All the hard work, by the real activists, is done before the voting. Its why the people's "choices" are always preselected.

Thinking that pulling the lever is the supreme action of being able to participate yourself, create new things, form new alliances, and basically enjoy what a free nation is all about, is exactly what they want you to think.

That way, you dont do shit except troll to the polls.

[-] 1 points by WSmith (4187) from Cornelius, OR 1 year ago

Enjoy that fictitious country with that fictitious "self governance," Marlboro Man!

Just curious, why are you, Big$ and the GOP sooooo down on Voting??

[-] 0 points by hchc (3297) from Tampa, FL 1 year ago

Fictitious country with that fictitious "self governance"...

The proof is in the pudding dude. Look at this country. Its a mess all around. It takes more than simply voting, a lot more.

The fact taht you call that fake shows how brainwashed you are. Get out and campaign, have rallies, educate, etc.

[-] 0 points by yobstreet (-575) 1 year ago

Like a gun without bullets?

[-] 0 points by WSmith (4187) from Cornelius, OR 1 year ago

A beach without ocean, tits without nipples, sushi without fish.

[-] -1 points by yobstreet (-575) 1 year ago

A hook without a worm?

[-] 0 points by WSmith (4187) from Cornelius, OR 1 year ago

Fishing without line, books without words, movies without pictures.

[-] -1 points by yobstreet (-575) 1 year ago

Like shit without stink, peculiar indeed.

Or a stink without shit; G-damit, who peed...

And farted?

That should be a presidential debate question.

[-] -1 points by throaway (57) 1 year ago

The lesser liar will always be Obama's opponent unless we are living in Storyville, then Pinochio might give him a run for "his" money.

[-] -1 points by WSmith (4187) from Cornelius, OR 1 year ago

Those old Obama debate blues

Harking back to early 2008, the president stays professorial, while Romney gets feisty – and dishonest

By Joan Walsh

http://www.salon.com/2012/10/04/those_old_obama_debate_blues/

ThinkProgress’ LiveBlog Of The First Presidential Debate

http://thinkprogress.org/politics/2012/10/03/953591/thinkprogress-liveblog-of-the-first-presidential-debate/#lbu-1349316679

Obama didn't score much but didn't fumble and still has the ball. Mitt looked awesome, was on Mormon speed and scored at will with a doddering Lehrer, who seemed to have left his teeth at home. Fact checking should deny most of Mitts points. Will MSM report fact checks? And what will the ambivalent undecided think? These are more dead brain mysteries.

I feel roof racked.

[-] 0 points by Shayneh (-482) 1 year ago

Romney:

I don't want any more government trickle down economics - I want businesses to prosper so the economy will grow - I want people who are receiving government assistance or whom are working two jobs at minimum wage in order to survive, to be able go get a decent paying job and only have to work at one job - I want everyone to have skin in the game when it comes to paying taxes -I want everyone to prosper not by government handouts but by building businesses who will be able to put people to work at a well paying jobs - I want healthcare for everyone but it needs to be run by the states - I want to reform SS so that it will be available for future generations

Obama:

I want everyone to go to college - I want everyone to have healthcare - I want to take care of the middle class - I want more teachers, police officers and fireman - I want to increase taxes on incomes over $250,000 - I want to build roads and bridges - I want to train people for jobs - I won't touch SS or Medicare

When you read the above statements what really stands out is this -

Romney wants businesses to be the ones to grow the economly and to be able to provide good paying jobs for everyone.

Obama wants the government to be the one to grow the economy by taxing businesses in order to provide jobs for everyone until the money runs out.

[-] 1 points by brightonsage (4494) 1 year ago

Please, do I really need to translate this for you? I want , I want, I want,....

I want a purple unicorn that flies. Do you find it credible that you will see me in the shy on something that looks like a lavender winged horse, with a horn on its forehead? Do you care what I want? Do you think I am committed to create one? Do you think I am able to produce one? If wishes were horses then beggars would ride. That is a very old saying and it, at least, is true. How many mutually exclusive or contradictory "I want" statements and even "I will", or "I have" statements did you hear from Romney last night.and in his written or publicly recorded statements? I'll give you a week, because it is a long list even if you have all day every day and do nothing else.

Of course you are wrong on Obama's position, and if you get the other task done, do a search of that and you will find it matches GOP talking points and exactly NO statements ever made by Obama to corroborate that statement.

[-] 0 points by Shayneh (-482) 1 year ago

What I heard from Romney is a person who talks about wanting small businesses to grow the economy. He also talked about small business providing jobs and he also said small business along with people who are working will pay taxes.

What I didn't hear from Obama was any mention of small business being the ones who will improve the economy nor did I hear him say one word about small business providng jobs. I did not hear him say anything about small business expanding the economy and in turn provide jobs and taxes for the federal government.

What I did hear was a lot of "government handouts" and increasing taxes on businesses making over $250,000.

Obama is clueless - doesn't know what a balance sheet is and couldn't manage a business nor even understand what's involved in operating a business if it was given to him.

[-] 4 points by Buttercup (1067) 1 year ago

I'm quite sure the Pres. knows what a balance sheet is. But even if he didn't it doesn't matter. The government is not a business. It is not a for profit enterprise. You can't just sell off underperforming assets like California and Mississippi. And possibly Texas. Load it with debt, collect management fees, raid the pension fund, leave people destitute, in order to enrich yourself. Romney's a brilliant business man alright. It's called the heads I win, tails you lose strategy. It's like someone coming in and taking a loan against your house. And guess what. You have to pay back that loan. And guess what else. You have to move out of your house. And then you have to pay Mitt for throwing you out of your house. Then Mitt sells your house and gets to keep the leftovers. Maybe he'll toss you a pillow to sleep on the curb with.

Pres. Obama knows small businesses and private industry has the potential to create jobs. When there is demand. Who the fuck do you think did the infrastructure work that was part of the Pres. stimulus package.

No business will create a job unless there is demand for it. But I suppose Romney can pull demand out of his ass to create those 12 million jobs that are also coming out of his ass.

[-] 2 points by brightonsage (4494) 1 year ago

Wanting and wishing isn't a plan. Don't you get it?

I have heard Obama talk about small businesses creating most of the jobs many times. He has even cut their taxes. Now, what is a small business? To the GOP, small business is any company with either a small number of employees (hedge fund, private equity, venture capital firms) or a small number of owners (S Corporations, LLC's, plc's,) but some of these are multi-billion dollar businesses (e.g. Bechtel). Many of these will never create a large number of jobs but they pay huge dividends to their owners, often from corporate welfare. And some of their owners (like Romney) benefit from the carried interest loophole. Are you unaware that OBAMA has been running the largest economy, the largest defense establishment in the world (not a business) for three and a half years, almost as long as Romney has held any public office? And doing it better than Bush, remember him? And, better than a Governor of Massachusetts did way back in 2007 (before the Bush crash) for one term (about the same length of time as Obama), leaving office after one term with no likelihood of reelection, having a 34% approval rating (far below Obama's 50%)? Have you ever read the balance sheet of the United States of America? Doesn't exist because in eight years, Bush couldn't produce one due to the the totally screwed up DOD that Romney wants to give another $2 trillion to. Remember the $8 billion unaccounted for in Iraq? Tip of the rapidly melting iceberg. Yeah, there is more than one way to look at things but you have to open your eyes.

[-] 2 points by Buttercup (1067) 1 year ago

Not to mention, under Bush - one crisis after another. 9/11. Katrina. Iraq invasion. WMD? wtf? War in Afghanistan. Financial meltdown of epic proportions. Number of crises under Pres. Obama - zero. And OBL is dead.

Despite the fevered claims from the Right that there would be more terrorist attacks if Pres. Obama were to be elected. Despite the lunatic claims that every country on earth would stop buying our debt and interest rates would skyrocket. Remember that one? Four years later - TBill rates still going down. Republicans are a fucking joke.

As for your original post though - four years of George W. If Ryan/Romney get in, it will be far far worse than George W. The Bush Jr. years will look like heaven compared to the living hell that Ryan/Romney and the rest of the Republican maniacs and knuckle dragging Tea Party idiots will put us through.

The Ryan budget says it all. They have a plan. The Ryan budget. That's the plan. And Dodd Frank financial reform. That will be a brief speed bump in the history of Wall Street excess and criminal greed. They'll scrap that right after they repeal the ACA. And the day after that they'll pass the Ryan Budget. And the day after that, they'll probably go to war with Iran. If not Iran, they'll find somebody, for some reason, to invade. The same neo-cons that worked for Bush now work for Romney. Gotta keep the war machine happy now. The day after that they'll roll back any other regulation that big business wants. On day five I don't know what the hell they'll do. There won't be much left.

[-] 3 points by brightonsage (4494) 1 year ago

Agreed, and don't forget 30 years of 7/2 Supreme Court decisions? Something to contemplate.

[-] 0 points by DKAtoday (34899) from Coon Rapids, MN 1 year ago

Mittens gave specifics????? Where??? All I saw was him promising sunshine and lollypops with no explanation of how they were gonna come into being.

[-] 1 points by Middleaged (5140) 1 year ago

No Specifics. Good Call. These guys can serve up manue and call it food or fertilizer. Every president changes the budget and proclaims it 100% benefitial to everyone. Wasn't all of G.W. Bush's tax cuts a tax cut for the middle class? (I don't remember).

Polarizing Romney Presidency not surprising, Global Power Shift, rise of Consumer Class, and Romney Socialism Predicted

Here are my predictions of what would happen in Romeny Presidency:

A) Tax Holiday for Off-Shore Profits.
B) More Oil and Natural Gas Subsidies, More Federal lands given to Energy Developement, More Fracking, Good Profits in the Energy Corporations. Easing of restrictions on Coal.
C) No change in US Policy on China or Global Imports & Exports.
D) Romney might try to help some older US Industry that has been on hard times, like Rail Roads, Steel, High Tech Manufacturing, communications, satelites.
E) Military Spending Increase eventhough we need it like a hole in the head (This was a Ronald Reagan Tenet and Reagan wanted to increase the US GDP by leveraging DOD spending).
F) US will be clear world military leader for the next 4 years only since China has developed technology to shoot down satelites, cut off our communications, penetrate our shores, and move into space.
G) Financial Integrity of Pensioners, Depenents, and the Middle Class will continue to be undercut and sabatoged by a newly established "US Business Class" who also "Run" the economy, the federal government, and the Consumer Class. H) The US Consumer Class will live a life further complicated by contracts, long term obligations, and debt.
I) The US Middle Class will no longer recognize or relate to itself as a class below wealthy. Most US people will consider themselves part of the Consumer Class, will have taken business and financial classes of some sort, rising number of family homes will have multiple generations or renter/boarders, more elderly will be dependent on working consumer class families.
J) China will increase economic power, use of resources, and military power, resulting in further US investment in Asia and military build up. This also means bigger embassies in Asia and larger US State Department.
K) US Federal Budget is already so large and muddled up, the onlly thing more confusing is US Foriegn Policy and US Military Policy.
L) In view of Huge US Federal Budget without focus, the Federal government will eclipse not only all US State Governments, but also all US Corporations. The inefficiencies of the Federal government will begin to show itself in systemic and regulatory failures each year actually getting dangerous within 10 years or so. US Federal Funding will become famous for disappearing.
M) US Systemic complexity in broad terms will be out of control. The federal government is involved in 10,000s of different functions and 10,000s of different systems. Eventually US State systems will become subservient to and give over responsibility to Federal Systems to prevent future crashes and conflicts.
N) If Mitt Romney is Elected to a first and second term as US President he will be forced to oversee nationalization (socialism) of State Systems of some sort... be they maritime, transportation, warehouse, food, energy, water, financial, pensions, medicaid, worker compensation, state credit or debt, bancrupcy, medical, hospital, health, municipal bonds, municpal funding, state eduation, or state universities, farming, agriculture, etc.
O) Sure the US will nationalize (Socialism) more complex systems especially as they relate to security, but they could be contracted out to corporations like AT&T, banks, credit agencies, or whatever.

So in the End President Mitt Romney will become Known as one of the biggest Socialist Presidents in the US History. He has no choice as the world progresses and as trends continue forward. Of course I don't think he is smart enough to stop it. He is a smart enough guy, but not smart enough to see the trends. He worked in the big office for too long and never worked on the floor or in the factories or any where else

[-] 1 points by DKAtoday (34899) from Coon Rapids, MN 1 year ago

GW Shrub and the cronies of his day 1st sold the idea to the public as being tax cuts for the public. The public found out different when the tax plan was put in place - higher taxes on much of the public and the tax breaks went to the wealthy.

Yes - your predictions for a mittens administration accelerating fossil fuel destruction sounds about right as does the continued holiday for offshore money and work. His performance in the debate last night was his longest continuous blatant lie to date - as it refutes everything that he has repeatedly said through his whole campaign.

[-] 1 points by Middleaged (5140) 1 year ago

Yep, that sounds like the presidency of Georio. Romney is such a blatant flipper. He is harder to vote for than George Bush.

[-] 1 points by brightonsage (4494) 1 year ago

Specifically, that plan he has been running on isn't really going to do what it said he would do. And if someone invents free artificial sunshine we will all get a tan while we are eating our lollypops.

[-] 2 points by Underdog (2971) from Clermont, FL 1 year ago

Did you happen to notice when they were talking energy that he started pushing coal? That very word scares the shit out of me. And then he says he fully supports green initiatives. If I had been taking a drink of water when he said that i would have projectile-spewed it all over my dog.

[-] 3 points by DKAtoday (34899) from Coon Rapids, MN 1 year ago

Not just coal - but the completely fictional clean coal.

[-] 1 points by jph (2652) 1 year ago

yes, Romney said he loves in "clean coal",. something that only exists in the PR department of the coal industry!

[-] 2 points by DKAtoday (34899) from Coon Rapids, MN 1 year ago

Obama is just as bad on the clean coal business as he has stated it before on the campaign trail - but mittens was the 1st to spew it in the debate rounds.

This is why the People need to speak out - in numbers - major numbers - THERE IS NO SUCH THING AS CLEAN COAL.

[-] 1 points by brightonsage (4494) 1 year ago

Ah, but it was a "clean coal," which is yet to be invented, like a dry heat that isn't hot.

[-] -1 points by throaway (57) 1 year ago

When Obama finishes off the coal industry, you will be lucky if you can afford to buy a bottle of water to spew. Electric rates will go thru the ceiling, but then that will make his campaign bundlers rich hawking their third rate green products. We the people lose, no matter what.

[-] 2 points by Underdog (2971) from Clermont, FL 1 year ago

Can't argue with that. My only concern when I hear the word coal is that it is a carbon demon, and "clean coal" is far from proven on a massively commercial basis like oil today. I am opposed to any and all carbon fuel technologies because I happen to not be in denial about man-made global warming (gasp), so coal is completely off the table as far as I am concerned.

(PS, I will not be drawn into yet another long-winded debate about global warming as so many want to do on this forum, so anyone that picks this up and tries to run with it will not be responded to).

[-] 0 points by WSmith (4187) from Cornelius, OR 1 year ago

I think that makes you an Overdog!

Can the sham!

The days of our ignorance of Big Fossil's scam are Over!

We pay multiples of the initial cost in a plethora of secondary costs, like the "War on Terror"!

[-] 0 points by WSmith (4187) from Cornelius, OR 1 year ago

Let's THROWAWAY Big Fossil, with small exceptions, and end this massive sham. We pay more in secondary costs than we do for the dirty, destructive product itself.

[-] 1 points by DKAtoday (34899) from Coon Rapids, MN 1 year ago

Well there "is" full spectrum lighting available - it just is not free. But if he thought it would help - mittens would no doubt include it as a campaign promise.

[-] 1 points by brightonsage (4494) 1 year ago

Reckon repeal and replace the laws of physics is next. Then there is that up down theory, gotta go.

[-] 2 points by DKAtoday (34899) from Coon Rapids, MN 1 year ago

No biggie 4 Mittens - He lives to lie and lies to live - denying reality is his bread and butter.

[-] 1 points by brightonsage (4494) 1 year ago

Snake oil is his game and we are to blame.

[-] 1 points by DKAtoday (34899) from Coon Rapids, MN 1 year ago

Yes - the public is to blame for letting our government get away from us because we opted out for so long - now look at the f'n mess we have to clean-up if we want to survive.

[-] 1 points by brightonsage (4494) 1 year ago

Break out the PineSol.

[-] 1 points by DKAtoday (34899) from Coon Rapids, MN 1 year ago

I think it would be best to start a series of unadulterated bleach washes - then unadulterated Hydrogen peroxide washes - followed by unadulterated Ammonia washes - before we go with anything as gentle as Pine-Sol. Hazmat suits and supplied oxygen for all.

[-] 1 points by brightonsage (4494) 1 year ago

But then what would all of the adulterers and adulteresses do?

[-] 1 points by DKAtoday (34899) from Coon Rapids, MN 1 year ago

AH - now that is another subject. I mean does that not enter into personal freedoms that people should have their own choices to make - as long as those choices do not hurt others?

There are good reasons for good moral values - should this not be another huge educational area? Should this not be an area that shows the ills of infidelity?

[-] 1 points by brightonsage (4494) 1 year ago

O passed no judgement but observed that unadultering would result in massive layoffs.

[-] 1 points by DKAtoday (34899) from Coon Rapids, MN 1 year ago

Dilution can be kept in place - but to begin the clean-up of the toxic mess the world is in we need to start with full strength cleaning - before we reduce to follow-up repeated casual cleaning.

[-] 1 points by brightonsage (4494) 1 year ago

Roger,