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Romney's Economic Plan for the 2000s...


By American in Japan   Follow   Wed, 7 Sep 2011, 7:11am   1,415 views   16 comments
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http://finance.yahoo.com/blogs/daniel-gross/romney-economic-plan-00s-show-134627074.html

http://www.forbes.com/sites/johntamny/2011/11/06/about-mitt-romney-the-republicans-cant-be-serious/

Start your engines...

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  1. FortWayne


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    1   7:19am Wed 7 Sep 2011   Share   Quote   Permalink   Like   Dislike  

    http://www.mittromney.com/sites/default/files/BelieveInAmerica%E2%80%93MittRomney%E2%80%93PlanForJobsAndEconomicGrowth.pdf

    The plan itself is a good read.

    I don't agree with him on eliminating the death tax though. And of course this is a bit vague, but better than nothing.

  2. American in Japan


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    2   7:23am Wed 7 Sep 2011   Share   Quote   Permalink   Like   Dislike  

    Thanks for the link. . .

  3. FortWayne


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    3   7:27am Wed 7 Sep 2011   Share   Quote   Permalink   Like   Dislike  

    likewise

  4. ¥


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    4   9:29am Wed 7 Sep 2011   Share   Quote   Permalink   Like (2)   Dislike  

    Wall Street Journal editorial page has criticized the plan

    LOL

    Glenn Hubbard, dean of Columbia Business School and frequent Daily Ticker guest, and economist N. Gregory Mankiw

    Just shoot me now. This country is so fucked. The system is not going to be able to reform itself. The bullshit is too deep, and too many people are snowed by it.

  5. ¥


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    5   9:32am Wed 7 Sep 2011   Share   Quote   Permalink   Like (1)   Dislike  

    FortWayne says

    I don't agree with him on eliminating the death tax though

    LOL, I do. Though it's not a "death tax", it's an estate tax. Calling the etate tax a "Death tax" is part of the bullshit.

  6. HousingWatcher


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    6   9:35am Wed 7 Sep 2011   Share   Quote   Permalink   Like (1)   Dislike  

    Romney's plan is nothing more than a repeat of the same failed policies we have had all along. All told, they would add about $6 trillion to the deficit according to the Center for American Progress.

  7. ¥


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    7   10:18am Wed 7 Sep 2011   Share   Quote   Permalink   Like   Dislike  

    Hubbard's foreward: "To bring the unemployment rate back to its prefinancial-crisis level by the end of the next president’s first term"

    ah, nothing like a Party economist. Clowns, all of them.

  8. Vicente


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    8   10:41am Wed 7 Sep 2011   Share   Quote   Permalink   Like (2)   Dislike  

    Romney's experience with "job creation"?

    Running an investment company and encouraging layoffs off to maximize profits.

    I will never understand how people rationalize that.

    If finance people squick the middle class hard enough, the unicorn will appear and it farts jobs along with the rainbow. Or something.

  9. American in Japan


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    9   2:36am Fri 11 May 2012   Share   Quote   Permalink   Like   Dislike  
  10. American in Japan


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    10   9:05pm Mon 14 May 2012   Share   Quote   Permalink   Like   Dislike  

    >Romney's plan is nothing more than a repeat of the same failed policies we have had all along. All told, they would add about $6 trillion to the deficit according to the Center for American Progress.

    Wow!

  11. Kevin


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    11   12:46am Wed 16 May 2012   Share   Quote   Permalink   Like (2)   Dislike  

    Romney's plan: Exactly the same plan that every Republican has been pushing for the last 30 years.

    Cut taxes, pretend to cut spending, deregulate industries with a proven track record of fucking things up when they aren't regulated.

    He's pushing the myth that the U.S. is capable of 5%+ annual GDP growth.

  12. Kevin


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    12   12:47am Wed 16 May 2012   Share   Quote   Permalink   Like (2)   Dislike  

    Oh, and I *love* the outright lie on Romney's site:

    "However, the reality is that before President Obama exploded the size of the federal government, our existing tax rates were more or less adequate to pay for the government we needed."

    No deficits before Obama. You heard it from Romney.

  13. American in Japan


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    13   1:35am Sat 19 May 2012   Share   Quote   Permalink   Like   Dislike  

    A while back Forbes had this to say:

    http://www.forbes.com/sites/johntamny/2011/11/06/about-mitt-romney-the-republicans-cant-be-serious/

    Romney seems to want an "aggressive reduction in the income/capital gains tax burden."

  14. iwog


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    14   3:33am Sat 19 May 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected  

    If Romney wins, he's going to sign the Ryan budget because he's too stupid not to. I'm betting he'd be a lot like Clinton. Anxious to get along, and not too worried about the details.

    That means 0% federal taxes for anyone who earns any income from any source where he/she doesn't actually have to work for it. This would include inheritance, interest, dividends, and capital gains.

    If this is what you want, by all means vote Republican this year. It has already passed the House so all it needs is the Senate and a president's signature.

  15. American in Japan


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    15   1:51am Sat 11 Aug 2012   Share   Quote   Permalink   Like   Dislike  

    to eliminate the tax for Corporations bringing their money back from overseas?

  16. American in Japan


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    16   10:00pm Mon 13 Aug 2012   Share   Quote   Permalink   Like   Dislike  

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