Romney's
promise to create 12 million jobs in 4 years is a bunch of hooey. It
makes no difference if he is elected or Obama is re-elected...12 million
jobs will be created anyway. He is like a rooster taking credit for a
sunrise. Perhaps he is making a seriously conservative promise
because he just threw under the bus the entire case beloved by the fiscal supply
siders and trickle down lovers: give big business a tax break and they
will have enough extra money to invest and create jobs. However, the
Romney give-th and the Romney take-ith away. His etch a sketch flip
flop on taxes has an internal contradiction: on one hand he grants big
business a major tax break and on the other hand he makes them pay for
it by losing deductions and loopholes. So what is left to trickle down?
That all of a sudden he cares about the 47%? Nothing else changed:
his anti women's health posture; his cuts to Medicaid, the end of
guaranteed Medicare, and all of the immoral
holes he punches in the social safety net and his shoving 30 million
uninsured back into the ER remains. He weasels on the details of what
middle class deductions will remain and will leave all of that up to
Congress, whom we know and love and trust so much. He is still the same
businessman that would let the auto industry go bankrupt. And the tax
cuts he wants still add up to $5 trillion, while has pay fors fall so
short, that either taxes will have to be raised or the deficit will
increase (which he is pledged to avoid at all costs). He may try to
look like a caring pastor of his flock, but other than trying to
position himself as if he is no longer one of the 1% , he has not
changed his spots. His policies that remain or have left us without
anymore details that we had before.
Romney's
promise to create 12 million jobs in 4 years is a bunch of hooey. It
makes no difference if he is elected or Obama is re-elected...12 million
jobs will be created anyway. He is like a rooster taking credit for a
sunrise. Perhaps he is making a seriously conservative promise
because he just threw under the bus the entire case beloved by the fiscal supply
siders and trickle down lovers: give big business a tax break and they
will have enough extra money to invest and create jobs. However, the
Romney give-th and the Romney take-ith away. His etch a sketch flip
flop on taxes has an internal contradiction: on one hand he grants big
business a major tax break and on the other hand he makes them pay for
it by losing deductions and loopholes. So what is left to trickle down?
That all of a sudden he cares about the 47%? Nothing else changed:
his anti women's health posture; his cuts to Medicaid, the end of
guaranteed Medicare, and all of the immoral
holes he punches in the social safety net and his shoving 30 million
uninsured back into the ER remains. He weasels on the details of what
middle class deductions will remain and will leave all of that up to
Congress, whom we know and love and trust so much. He is still the same
businessman that would let the auto industry go bankrupt. And the tax
cuts he wants still add up to $5 trillion, while has pay fors fall so
short, that either taxes will have to be raised or the deficit will
increase (which he is pledged to avoid at all costs). He may try to
look like a caring pastor of his flock, but other than trying to
position himself as if he is no longer one of the 1% , he has not
changed his spots. His policies that remain or have left us without
anymore details that we had before.
www.washingtonpost.com
Factchecker: Romney’s ’12 million jobs’ promise
Excerpt from the Fact Checker:
Excerpt from the Fact Checker:
"But, in fact, the number is less impressive than it sounds. This pledge amounts to an average of 250,000 jobs a month, a far cry from the 500,000 jobs a month that Romneyclaimed would be created in a “normal recovery.” In recent months, the economy has averaged about 150,000 jobs a month.
The Congressional Budget Office is required to consider the effects of the so-called “fiscal cliff” if a year-end budget deal is not reached, which many experts believe would push the country into a recession. But even with that caveat, the nonpartisan agency assumes9.6 million jobs will be created in the next four years. (This is a revision downward; CBOhad estimated 11 million in January.)
But Moody’s Analytics, in an August forecast, predicts 12 million jobs will be created by 2016, no matter who is president. (See page 51.) And Macroeconomic Advisors in April also predicted a gain of 12.3 million jobs."
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