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.
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!
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?"