Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ProSense

(116,464 posts)
Wed Jul 25, 2012, 11:41 PM Jul 2012

This WTF moment on economic policy brought to you by Mittwit

BRIAN WILLIAMS:

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?



11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
This WTF moment on economic policy brought to you by Mittwit (Original Post) ProSense Jul 2012 OP
He's just soooo bad at it. Ikonoklast Jul 2012 #1
The ticket ProSense Jul 2012 #3
But HOW are they different Mitt? It's the same ole shit, different day with a side of nc4bo Jul 2012 #2
Mitt said: ProSense Jul 2012 #6
SMH. Show? Consider me dazed and confused. Mitt = weirdo. nt nc4bo Jul 2012 #7
Five things Brian.... pkdu Jul 2012 #4
. ProSense Jul 2012 #5
Which one of these things isn't Obama doing already Mitt? Johonny Jul 2012 #8
That's just it ProSense Jul 2012 #10
Let's focus on number 3 for a moment ThoughtCriminal Jul 2012 #9
Wrong, Lies, Wrong R. Daneel Olivaw Jul 2012 #11

Ikonoklast

(23,973 posts)
1. He's just soooo bad at it.
Wed Jul 25, 2012, 11:46 PM
Jul 2012

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)
3. The ticket
Wed Jul 25, 2012, 11:53 PM
Jul 2012

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)
2. But HOW are they different Mitt? It's the same ole shit, different day with a side of
Wed Jul 25, 2012, 11:47 PM
Jul 2012

Sarah, The Grifter, Palin.

He's nuts!

ProSense

(116,464 posts)
6. Mitt said:
Wed Jul 25, 2012, 11:59 PM
Jul 2012

"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"?

Johonny

(20,819 posts)
8. Which one of these things isn't Obama doing already Mitt?
Thu Jul 26, 2012, 12:14 AM
Jul 2012

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)
10. That's just it
Thu Jul 26, 2012, 12:21 AM
Jul 2012

"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.

 

R. Daneel Olivaw

(12,606 posts)
11. Wrong, Lies, Wrong
Thu Jul 26, 2012, 12:24 AM
Jul 2012

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

Latest Discussions»General Discussion»This WTF moment on econom...