outlandish
As we close in on Election Day, the questions about what Mitt Romney would do if elected grow even larger. Rarely before in American history has a candidate for president campaigned on such a blank slate.
Yet, paradoxically, not a day goes by that we don’t hear Romney, or some other exponent of the GOP, claim that businesses aren’t creating more jobs because they’re uncertain about the future. And the source of that uncertainty, they say, is President Obama — especially his Affordable Care Act (Obamacare) and the Dodd-Frank Act, and uncertainties surrounding Obama’s plan to raise taxes on the wealthy.
In fact, Romney has created far more uncertainty. He offers a virtual question mark of an economy
For example, Romney says if elected he’ll repeal Obamacare and replace it with something else. He promises he’ll provide health coverage to people with pre-existing medical problems but he doesn’t give a hint how he’d manage it.
Insurance companies won’t pay the higher costs of insuring these people unless they have extra funds — which is why Obamacare requires that everyone, including healthy young people, buy insurance. Yet Romney doesn’t say where the extra money to fund insurers would come from. From taxpayers? Businesses?
Talk about uncertainty.
Romney also promises to repeal Dodd-Frank, but here again he’s mum on what he’d replace with. Yet without some sort of new regulation of Wall Street we’re back to where we were before 2008 when Wall Street crashed and brought most of the rest of us down with it.
Romney hasn’t provided a clue how he proposes to oversee the biggest banks absent Dodd-Frank, what kind of capital requirements he’d require of them, and what mechanism he’d use to put them through an orderly bankruptcy that wouldn’t risk the rest of the Street. All we get is a big question mark.
When it comes to how Romney would pay for the giant $5 trillion tax cut he proposes, mostly for the rich, he takes uncertainty to a new level of abject wonderment. “We’ll work with Congress,” is his response.
He says he’ll limit loopholes and deductions that could be used by the wealthy, but refuses to be specific. Several weeks ago Romney said he’d cap total deductions at $17,000 a year. Days later, the figure became $25,000. Now it’s up in the air. “Pick a figure,” he now says.
Make no mistake. Wall Street traders and corporate CEOs are supporting Romney not because of the new level of certainty he promises but because Romney promises to lower their taxes.
I'm quoting a post made by someone by the handle of "outlandish" at the Huffington Post. It's written by a regular reader, not by a staff writer:
I found this well written and insightful. In short, a Romney presidency is a wild gamble with America's future.
What isn't vague is that he will cut taxes on Paris Hilton and raise taxes on working people (the irreponsible 47%). He said he would and I believe him
What isn't vague is that he will cut taxes on Paris Hilton and raise taxes on working people (the irreponsible 47%). He said he would and I believe him
I guess you'll have to start paying.
You're right about that. What's vague is he says he'll make up the shortfall by closing tax loopholes, but he won't say which ones. It's essentially miracle math because the numbers don't add up. Math is a rational subject. It's not a creative anything goes thing. If you spend more than is in your checking account, you can't do some creative writing that will make the numbers magically work.
What isn't vague is that he will cut taxes on Paris Hilton and raise taxes on working people (the irreponsible 47%). He said he would and I believe him
How sad is it that Obama is neck and neck with a guy with no alleged platform :lamo (BTW pundits don't see that Obama has had one either other than I'm not Mitt)
Vague?
It's a five point plan, what could be clearer
Romney’s 5 point plan:
1). Energy: Achieve energy independence on this continent by 2020.
Meaningless, especially coming from a guy who made his living shipping jobs overseas.2). Trade: Trade that works for America.
3). Education: Provide Americans with the skills to succeed through better public schools,
better access to higher education, and better retraining programs that help to match unemployed workers with real-world job opportunities.
4). Cut Spending: Cut the deficit, reducing the size of government and getting the national debt under control so that America remains a place
where businesses want to open up shop and hire.
5). Small Business: Champion small business. Small businesses are the engine of job creation in this country, but they will struggle to succeed
if taxes and regulations are too burdensome or if a government in Washington does its best to stifle them.
It is indeed a sad commentary on the gullibility of voters that they would even consider a boob like Romney.
A meaningless term in a global economy with a global oil market, but don't let that stop Romney.
Meaningless, especially coming from a guy who made his living shipping jobs overseas.
Counterfactual. Romney's policies will decimate public schools.
He's lying -- his plan calls for a bigger deficit while decimating investing in longterm growth.
Romney, like all conservatives, define small business any LLC, even if it's owned by a centimillionaire like himself.
I guess you didn't like McCain's or Bush's plans either.
We are all gullible. I just think it is funny when people try to pretend they are not.
Well, we know the outcome of Bush's plan -- a total economic meltdown. Romney is planning Meltdown II.
Romney runs on most vague platform in modern history
It is a far sight deeper than:
Yes We Can.
Change You Can Believe In.
We are the ones we have been waiting for.
Interesting too, that Obama revealed a "plan" after three debates and with 2 weeks left in the election.
But hey... Leftists will believe anything. That's why socialists get votes. But there are far fewer suckers the second time around.
Imagine how much more money she could blow if she paid less taxes.
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