General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThis WTF moment on economic policy brought to you by Mittwit
And let's talk about domestic-- the economy before we wrap things up. The major planks of your job plan, lower taxes, both corporate and marginal rates, and reduce regulation. Explain how that would be different from what George W. Bush tried to push through?
MITT ROMNEY:
Well, let me describe-- actually, there are five things that I believe are necessary to get this economy going. One, take advantage of our energy resources, particularly natural gas, but also coal, oil, nuclear, renewables. That's number one. A huge opportunity for us, and doing so is gonna bring manufacturing back, because low-cost, plentiful energy is key to manufacturing, in many industries.
Number two, trade. I want tre-- to dramatically increase trade and particularly with-- with Latin America. Number three, take action to get America on track to have a balanced budget. Now those three things, by the way, are things which we have not been doing over the last few years, which I think are essential to getting this economy going again.
Number four, we've got to show better training and education opportunities for our current re-- workers and for coming workers. And then finally what I call restoring economic freedom. That means keep our taxes as low as possible, have regulations modern and up to date, get health care costs down. These things will restore economic freedom.
So my policies are very different than anything you've seen in the past. They're really designed for an America which has some new resources, energy being one of them, trade with Latin America being another, and the need for a balanced budget now more urgent than ever before.
http://www.nbcuniversal.presscentre.com/content/detail.aspx?ReleaseID=11663&NewsAreaId=2
Huh?
Ikonoklast
(23,973 posts)I'd have asked Mittwit what is the meaning of "economic freedom"?
What does that mean to a person whose job was sent overseas by vulture capitalists such as Bain ?
ProSense
(116,464 posts)to bringing back manufacturing: cheap gas?
Say it Mitt: End outsourcing.
In 2010, manufacturing added net jobs for the first time in more than a decade. Before that, in 1997, gas was less than $1.50 per gallon.
nc4bo
(17,651 posts)Sarah, The Grifter, Palin.
He's nuts!
ProSense
(116,464 posts)"we've got to show better training and education opportunities for our current re-- workers and for coming workers."
Except for firemen, police and teachers, who Mitt doesn't believe we need.
But I digress. "Show"?
nc4bo
(17,651 posts)pkdu
(3,977 posts)1
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.......that it , fuck number 5
Johonny
(20,832 posts)1) Last time I check natural gas was at an all time low in price. I mean it's so low ATM that it is driving coal companies off the market.
2) Latin America- Err Obama just signed trade deals there.
3) How will he balance the budget by not cutting taxes and not decreasing military spending (he actually plans to increase its size by 67 % according to his foreign policy talk! So Ok in this respect Obama's tax increases at least stand a better chance of cutting the debt. So here Obama wins
4) So we are going to put on a show? I'll get the barn ready Mitt you get Mickey Rooney. Obama has been talking education for 4 years, whats the Republican party done towards this Mitt? Once again you are balancing the budget with increased spending to jobs programs and education and tax cuts.
5) Obama passed a health care plan that will keep costs down compared to repealing it, passed new economic regulations.
Where Romney is coherent he plans to do what Obama has already done, where he is incoherent it is anyones guess what he means. It's hard to imagine how you balance a budget and increase job training, education, military spending and keep taxes low.
ProSense
(116,464 posts)"where he is incoherent it is anyones guess what he means"
...Romney is serving word salad, broad talking points that don't mesh. He likely has no idea what he's talking about.
ThoughtCriminal
(14,047 posts)R. Daneel Olivaw
(12,606 posts)One, take advantage of our energy resources, particularly natural gas, but also coal, oil, nuclear, renewables. That's number one. A huge opportunity for us, and doing so is gonna bring manufacturing back, because low-cost, plentiful energy is key to manufacturing, in many industries.
Wrong, lies. Corporations will not bring jobs back to US shores when they can get their job done for pennies on the dollar in China.
Number two, trade. I want tre-- to dramatically increase trade and particularly with-- with Latin America. Number three, take action to get America on track to have a balanced budget. Now those three things, by the way, are things which we have not been doing over the last few years, which I think are essential to getting this economy going again.
Wrong, lies. More trade with Latin America will exacerbate the hemorrhaging of jobs to the very same region.
Wrong, lies. A balanced budget does not lay on the backs of the ever-shrinking middle class via taxes. The rich should be paying at the very least 50%. If they don't like it then they can move to Paraguay.
Number four, we've got to show better training and education opportunities for our current re-- workers and for coming workers. And then finally what I call restoring economic freedom. That means keep our taxes as low as possible, have regulations modern and up to date, get health care costs down. These things will restore economic freedom.
Wrong, lies. Do these workers need to learn Hindi in order to be passed over now under the guise of "we tried bu the H1B Visa guy wins again?"
Wrong, lies. Restoring economic freedom for whom? The rich? Are they so oppressed that they need an even bigger tax cut? Why?
Wrong, lies. Killing the HCR will throw how many Americans into the ditch? How will that bring health care costs down