13 Million Americans Still Unemployed

I have no doubt that there will be a massive surge in economic activity if our robot is elected.

Just the number of businesses who are waiting for a better business climate is staggering. Romney can by presidential order - eliminate many of Obama's roadblocks- in one big swoop- and in a single day.

It will take longer to eliminate the regulations that have a stranglehold on our businesses, but if we retain a republican congress and capture the senate- within the first 6 months, they could make astounding progress.

Cutting taxes in conjunction with eliminating regulations and slashing government programs would be a triple dose of exactly what we need, and the initial surge in economic activity might just be enough to get the economic heart pumping again.

It very well could happen- one thing for sure- 4 more years of what we got now and the patient is dead- might as well pick out the burial plot.

And then.....there is the rest of the story. Picking and choosing what research to believe is game we all can play

The paper, authored by four conservative economists, projects that the Romney plan would add between 0.5% and 1% per year in gross domestic product growth over the next decade.
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And while the projections are spelled out in detail, the paper does not address any of the bubbling criticisms of Romney's economic plan.

According to a study released Wednesday by the Urban-Brookings Tax Policy Center, Romney's plan would provide large tax cuts to the very wealthy, while increasing the tax burden on the lower and middle classes.
Romney's tax cuts would produce a $360 billion revenue loss in 2015, and offsetting that would require a reduction of 65% of all available tax expenditures, according to the study.
The end result is that individuals who make less than $200,000 would actually have to pay $500 more, on average, in taxes -- a 1.2% decrease in after-tax income. Meanwhile, the after-tax income of individuals who make more than $1 million would increase by 4.1%.
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The Tax Policy Center, meanwhile, said it could not score the plan directly, as "certain components of [Romney's] plan are not specified in sufficient detail."
The notable lack of detail is a critique that has dogged the campaign for months.

http://finance.yahoo.com/news/romney-pr ... oAw0vQtDMD

An analysis of Mitt Romney's tax plan found that millionaires would get an $87,000 tax cut, while for 95 percent of the population, taxes would go up by about 1.2 percent, an average of $500 a year.

http://seattletimes.com/html/nationworl ... lan03.html

Romney claim that his plan will create 12 million jobs is one that his economic advisers have been echoing. However, a Center for American Progress Action Fund analysis found that Romney plan would actually kill 360,000 jobs next year alone:

http://thinkprogress.org/economy/2012/0 ... jobs-2013/

Is it OK to create jobs by raising taxes on the middle class while lowering them on the wealthy? And the proof that his plan will actually create jobs is all in the heads of four "conservative" economists........yeah, talk about believing in the tooth fairy.

Romney's tax plan? It is the start of a barter conversation. Just like Obama's original budget was pie in the sky hoping.

If Romney wins & keeps the House, he will still have to deal with the Senate. So his initial plan would only survive contact with the Dems if the Republicans get a filibuster proof majority in the Senate.

The plan is better than believing in 4 marxist economists- I'll take the free market thinkers any day of the week.

One thing that even those liberal sources you quote can not deny- the policies of the current administration are not working.

BearMtnHIB wrote: The plan is better than believing in 4 marxist economists- I'll take the free market thinkers any day of the week.

One thing that even those liberal sources you quote can not deny- the policies of the current administration are not working.

One of those "liberal sources" is the same source used to claim the 12 million jobs created by the conservatives. And it confirms what I posted earlier....not enough detail is given by Romney to determine if his plan has a chance of working. It's the Romney version of hope and change...elect Romney and hope his changes don't bankrupt us all and plunge the country into a worse recession than we are emerging from.

archer wrote:

BearMtnHIB wrote: The plan is better than believing in 4 marxist economists- I'll take the free market thinkers any day of the week.

One thing that even those liberal sources you quote can not deny- the policies of the current administration are not working.

One of those "liberal sources" is the same source used to claim the 12 million jobs created by the conservatives. And it confirms what I posted earlier....not enough detail is given by Romney to determine if his plan has a chance of working. It's the Romney version of hope and change...elect Romney and hope his changes don't bankrupt us all and plunge the country into a worse recession than we are emerging from.

Good to know you have figured out how to create jobs since the best Keynsian economists haven't a clue since 2006, or the Fed's smartest minds have been stumped too. But we do know what doesn't work, and that is the new energy economy.

FredHayek wrote: Good to know you have figured out how to create jobs since the best Keynsian economists haven't a clue since 2006, or the Fed's smartest minds have been stumped too. But we do know what doesn't work, and that is the new energy economy.

Huh? where did I claim I figured out how to create jobs??????

The whole economy issue in this election comes down to "who do you trust"....so far Romney has proven over, and over, and over again that he cannot be trusted..he is a far different candidate now than he was when he ran for Mass governor, and even when he ran for the Republican primary in 2008......I know none of the conservatives think Obama has done enough to boost the economy, or has done too much in the wrong places....but the economy is slowly recovering, and I will take the slow recovery over what I believe is an economic plan and a social plan that will cause great harm to the American people in higher taxes, increased deficit, and austerity that targets only the middle class, the old, the sick, and women. You can argue all you want that I am wrong, but I go on what I hear from Romney himself, what I read about his positions in the past, what the preponderance of evidence is on his economic ideas, and the instinctive feeling that the man is a sleaze....a well dressed, wealthy, "don't I look presidential".....sleaze. He is not to be trusted.

So you are choosing the devil you know, 1% economic growth, 2% population growth, so every month the US loses ground? Every year the pie gets smaller and the debt rises higher.

You fear this press created bogeyman? Just like you voted for four years ago the press created superman who offered hope in one hand and ???? in the other.?