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Mitts Pick

Started by DolfanBob, August 07, 2012, 02:36:16 PM

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Gaspar

Quote from: Teatownclown on August 21, 2012, 03:18:11 PM
Dims would think this way instead of promoting the fact that the financial markets and their indexes are at the highest point since before the collapse that occurred under the GOP leadership in 2008.

Unfortunately clown there is a problem with that.  With GDP growth low and no jobs growth, that's simply an indicator of increasing Wall Street wealth.  Hardly something that the constituency of the left is interested in celebrating.  In fact, this is the egg that birthed the OWS movement.

Without exception, everything that President Obama promised his supporters from an economic standpoint has resulted in failure or worse, the opposite result.  Therefore the safe path would be to focus on social issues or blame.  Since blame has worn thin over the past 3+ years, I still feel he will focus on anything but the economy. 
When attacked by a mob of clowns, always go for the juggler.

nathanm

#286
Other than the bit about economic growth being better now than it was after the 2001 recession, Obama does have a record of nothing but shame to run on regarding the economy. That may be what they call damning with faint praise, but it's better than the Republicans managed.  :-*

Other facts that might be interesting include the fact that Ryan's budget plan that was passed by the House does not in fact repeal Obamacare entirely. It keeps the cuts to Medicare payments to providers. Otherwise he'd have another $700 billion to make up over the next ten years. Not that his budget balances in 10 years, anyway. He's counting on growth after 2022 to finally bring the budget into balance in 2040ish.

Also, Gaspar, it was easy to give Ryan accolades for being willing to tackle the tough problems when the news media wasn't actually reporting on what was included in his budget. Now that they are, it's a lot harder. His proposals have always been unserious, though. IIRC, precisely zero of his budget plans actually reduce the deficit inside of 10 years.

Edited to add: Oh, I forgot to mention some other interesting Romney news. He recently mentioned that he would like to keep the overall share of the tax burden for each income quintile the same in perpetuity. Sounds great, right? Sure, unless you can do some simple math. The top quintile has been growing its income much faster than the other four. For their share of the income tax burden to remain the same, their rates must decline relative to the other quintiles. Oops. Apparently Romney is for ever-decreasing tax rates on the top fifth and ever-increasing tax rates on the left. Or he can't do math. Or he misspoke..again.
"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration" --Abraham Lincoln