Romney: Austerity does not work, would not cut spending

25 May 2012 14:05 #1 by Something the Dog Said
Romney, however, said that pushing drastic spending cuts during shaky economic times is a prescription for "recession or depression."

Asked by Time's Mark Halperin Wednesday why he wouldn't push major cuts in his first year, Romney responded with reasoning that would be largely uncontroversial if not for the past two years' mainstreaming of an economic philosophy that insists government spending actually costs jobs, rather than creates job.

"Well because, if you take a trillion dollars for instance, out of the first year of the federal budget, that would shrink GDP over 5 percent. That is by definition throwing us into recession or depression. So I'm not going to do that, of course," Romney said.

http://thepage.time.com/2012/05/23/the- ... ranscript/

Better run and get him a pitcher of the GOP kool aid.

"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown

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25 May 2012 14:30 #2 by BearMtnHIB
Nothing new here. This is what we get - another big government "country club republican"- just like Bush.

This is what happens when we fail to nominate a conservative. Most of us knew that Romney was not a conservative, which is why so many opposed him in favor of the other candidates.

Yep- he will kick the can down the "big government" road- instead of doing what is really necessary to get this country back on track again. We will skirt along - in and out of recessions with no real growth.

The liberals should be happy- nothing will change as far as the economy goes!

No pain, no gain.

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25 May 2012 14:39 #3 by LadyJazzer
Yeah, it goes with Romney's assertion that "anything over 4% unemployment" should be considered an "Obama fail"...(When we've only seen 4% ONCE in the last 30 years...under Clinton)...

Then:

Q: "So, Mr. Romney what would be your goal at the end of your administration for unemployment?"

M.R.: "Well, I'd like to see 6%..."

Imagine that.... You can't make this stuff up...

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25 May 2012 18:21 #4 by LOL

If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

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25 May 2012 18:36 #5 by LadyJazzer

Joe wrote: rofllol :lol:


rofllol :lol: rofllol :lol:

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25 May 2012 20:32 #6 by FredHayek
Romney: Give me my blank check! I have a lot of donors to pay back and award sweet government contracts to.

Thomas Sowell: There are no solutions, just trade-offs.

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