Both Romney and his running-mate have repeatedly stated that their intent is to cut taxes 20% for everybody who pays federal income tax. The cost of such a cut over a ten-year period is approximately $5 trillion, yet Romney now denies having ever said anything about this tax cut.
Both Romney and Ryan say that these cuts would be deficit neutral because, at the same time, their plan would eliminate certain unspecified loopholes and write-offs currently in the tax code. The problem is, even if they eliminated every single write-off, including charitable donations and home mortgage interest, it still wouldn’t come close to covering the cost of the $5 trillion tax cut.
HOWEVER, they also say that they would increase revenue by “broadening the tax base”. The only way to interpret this is that they intend to tax low and middle income families who, until now, have no earned enough to qualify for paying federal income tax. Therefore, their stated intent is to cut taxes on the wealthiest Americans and raise taxes on the middle class. You can’t get around that.
By the way, cutting taxes does NOT stimulate economic growth. In fact, quite the opposite is true. Low taxes encourage profit-taking. Periods of higher tax rates show more re-investment. Business owners take less profit out of their companies if they know they’re going to pay higher taxes on that income. In any case, the last eleven years has provided ample proof that tax cuts boost nothing but the wealth of the top 1% of the population. 93% of all gains in the economy over the last two years have accrued to that small group of highly fortunate people.
Romney has also stated numerous times that he wants to increase defense spending by a $1 trillion over the next ten years and $2 trillion over the next 20 years. He would also add more than 100,000 more personnel to the armed forces. He has vowed to do this despite the fact that the Pentagon has said it doesn’t need the additional people or extra money. Romney just wants to be seen as a pro-military leader by his right-wing base. It is a completely disingenuous position.
All that said, I also have doubts about President Obama’s debating skills (although I don’t know what that has to do with being President of the United States). I wish he had been more energetic and assertive in the debate. I also wish that he called Romney on all of his lies and half-truths. That was a major mistake.
Ryan’s speech was a well-written, well-executed pack of lies. This is the same guy who voted FOR every single one of George W. Bush’s big spending policies — both unfunded wars, all of the unpaid for tax cuts, the Medicare Part D boondoggle for Big Pharma, and TARP. Yet HE’S calling Obama a big government spender. (By the way, all of these policy decisions continue to contribute billions to the national debt every year. They didn’t just go away when George W. Bush left office).
Ryan stated that Obama took $716B out of Medicare and gave it “too someone else”. Two responses: First, Obama SAVED $716B in Medicare by eliminating waste and fraud, and discontinuing the tax-payer funded subsidies to private insurance companies that were “administering” the Medicare Advantage program; Second, Obama used that savings to close the drug “donut hole” for seniors and having wellness visits covered. Mr. Ryan’s plan also cuts $716B out of Medicare, but he uses that money to help pay for tax cuts for the wealthy.
Ryan’s plan, which Mitt Romney has embraced, gives seniors the “option” of using “premium support” (vouchers) to go out and buy their own insurance from private insurance companies. This assumes that seniors could even find an insurance company that would be willing to give them coverage when they are older and more likely to become ill or injured. If they could find such a company, it would cost them an average of $6500 out-of-pocket to get coverage equal to what they currently have with Medicare. Of course, just by offering this option, Ryan strangles an already threatened Medicare program by taking people out of the mandated system. The obvious objective here is to end Medicare for EVERYBODY.
Ryan also took a shot at Obama for walking away from the Simpson Bowles Commission. This remark was the height of hypocrisy as Ryan himself turned his back on the commission’s recommendation to reduce the debt in a balanced fashion by cutting spending AND increasing revenue by raising taxes. Obama walked away from it because he knew the House would NEVER pass it. Subsequently, Obama asked congressional leaders to form the Super Committee, which the Republicans in Congress agreed to follow and which they are now threatening to back out on.
Ryan’s entire speech was riddled with falsehoods and half-truths and it made me sick every time that audience cheered what it was hearing. These people are supposed to be well-educated, moderately well-informed adults, yet they were jubilant about the load of garbage Ryan was feeding them.
“A downgraded America.” Ryan blamed the president for the nation’s credit downgrade in August 2011 after Republicans threatened to allow the government to default on its debt for the first time in history. But the ratings agency explicitly blamed “Republicans saying that they refuse to accept any tax increases as part of a larger deal.”
“More debt than any other president before him, and more than all the troubled governments of Europe combined.” Romney has made the almost identical claim, that Obama has amassed more debt “as almost all of the other presidents combined.” But their mathdoesn’t add up: when Obama took office, the national debt was $10.626 trillion. It has increased to slightly above $15 trillion.
Shuttered General Motors plant is “one more broken promise.” Ryan described a GM plant that closed down in his hometown, Janesville, Wisconsin, and blamed Obama for breaking his promise to keep the plant open when he visited during his campaign. But Obama never made that promise, and the plant shut down in December 2008, before Obama even took office.
“The greatest of all responsibilities is that of the strong to protect the weak.” Ryan closed the speech with an invocation of social responsibility, saying, “The truest measure of any society is how it treats those who cannot defend or care for themselves.” However, numerous clergy members have condemned Ryan’s budget plan as “cruel,” and “an immoral disaster” because of its devastating cuts in social programs the poor and sick rely on. Meanwhile, Ryan would giveultra-rich individuals and corporations $3 trillion in tax breaks.
Finally, the recent ad being run by the Romney/Ryan campaign asserts that President Obama took the job requirement out of the welfare reform law that was passed during the Clinton administration. It has been debunked by every fact checking organization on the net and several major newspapers, yet the RNC has doubled down and continues to run the TV spot. Clearly, the decision has been made by the RNC that lying is perfectly acceptable as long as it works. Unfortunately, it does appear to be working in a couple of crucial swing states. Again, this demonstrates a willingness by some people to believe any lie that is spoken against this president, no matter how blatant or disproven by facts.
Obama 2012 — Because the alternative is unthinkable.
It seems that some politicians are given a free-pass when it comes to even the most basic knowledge. Take Sarah Palin. If you look at the list of statements that this woman has made over the last 3 years, it is mind boggling that anybody would ever want her as the leader of the free world. Let’s review her history here:
This is the same woman who told Charlie Gibson of ABC in a nationally televised interview that her foreign policy expertise included the fact that Russia could be seen from an island off the coast of Alaska. This, I might add, is an island that Palin had never once set foot upon. “You never know when ole Mr. Putin is gonna come flyin’ over here…”. Yep. She actually said that.
When asked which periodicals and publications she has been reading to keep up on national and world affairs, Palin told Katie Couric that she reads “them all”. Whenever Palin is baffled by a question she uses her standard “I like ’em all” answer, and that’s what she did. To this day, we still do not know what Palin reads to keep informed about national issues. Until four years ago, she never even had a passport and had never left the United States.
Sarah Palin has stated publicly that she does not accept the theory of evolution, not even understanding the meaning of the term “theory”, and that she believes in a literal translation of the Bible. This means Palin believes mankind walked alongside living dinosaurs and that the world is only 6,000 years old. Of course, when asked which book of the Bible she likes most, she would no doubt say, “I like ’em all.” Certainly, people are free to believe whatever they like, but Palin’s rejection of the scientific method hardly makes her the ideal leader of a nation of 300 million people which share a variety of beliefs.
When asked by Glenn Beck who her favorite Founding Father was, Palin stumbled with the question, then said– you guessed it– “I like ’em all.” When pressed by Beck, Palin said she liked George Washington the most, not knowing that Washington was a general and not one of the Founding Fathers. Furthermore, in her stone ignorance, she chose a man who actually favored a strong central government as well as the formation of a national bank. In other words, George Washington stood for everything that Palin says she is against. More recently, when asked what notable role Paul Revere played in the Revolution, she said he “warned the British” that they couldn’t just “come over here and take our guns…” by “ringing bells” and repeatedly firing his muzzle-loaded flint-lock rifle.
Probably one of Ms. Palin’s most hysterical misstatements occurred during the campaign when she referred to “the great country of Africa”. More recently, she didn’t seem to know why there was a North and South Korea. One has to wonder if she can’t figure out who’s buried in Grant’s Tomb.
During a Tea Party convention, Palin made several insulting remarks about President Obama, one of which accused him of being “a law professor lecturing the American people behind a lecturn using a teleprompter.” Of course, she failed to realize that she was doing precisely the same thing, only she was using the palm of her hand instead of a teleprompter.
What Palin is best known for is her bald-faced lie about “death panels” during and after the health care reform debate. Despite the fact that every fact checking organization had debunked that outrageous lie, Palin has stuck to her guns. Of course, she would never admit that private insurance companies already utilize de facto death panels by denying coverage to people with pre-existing conditions and canceling the policies of people who become ill.
Palin has referred to President Obama on numerous occasions as a socialist, but refuses to provide her definition of the term, no doubt because she doesn’t have it written on the palm of her hand. She doesn’t care that Obama hasn’t nationalized a single business, nor has he put any government employees into the boardrooms. Of course, Palin believes that Obama should have just let the auto companies fail, even though doing so would have caused hundreds of thousands of Americans to lose their jobs and essentially turned over that industry to foreign manufacturers. In recent weeks, we have learned of the remarkable rebound of the US auto industry and the fact that they have repaid most of the funds that the Obama administration LOANED to them. Not surprisingly, you won’t hear Sarah Palin talking about that.
In a closed meeting at the White House, Rahm Emanuel told a group of liberal activists that their idea to air attack ads targeting conservative Democrats who were against the health care reform bill was “f’ing retarded”. Palin, who has inserted her special needs child into the political arena before, demanded that Emanuel immediately resign. Then, when Rush Limbaugh said on national radio that all Democrats are retards, Palin went on FOX News and defended Limbaugh’s use of the word and his characterization of all Democrats. While his use of the term was insensitive and inappropriate, Emanuel said that an idea was “f’ing retarded”, while Limbaugh was using the term to describe a group of people he doesn’t like. But, according to Sarah Palin, Rush Limbaugh should get a pass. This could be a blatant case of hypocrisy, but it could also be that Palin is just too dim to understand the difference between what Emanuel and Limbaugh said.
Sarah Palin never speaks in specifics and is always on the attack, never offering a single constructive alternative. Why? Because she doesn’t know what the specifics are. It is far easier to make insinuations, and attack with empty-headed sarcasm than it is to develop your own well thought out ideas and articulate them in a comprehensible manner. We all get a good laugh about Sarah’s gaffes, but the time to stop laughing has come. This is a person who is building a political movement on the cult of her personality. She is a classic fascist masquerading as a populist who has managed to win the hearts and minds of far too many Americans. Even if she never ran for president, her influence on our political process and election outcomes could do great damage to the country.
Elia Kazan, the Academy Award-winning film director, said many years ago that the greatest danger to our democracy would be having person of no ability or intellect elected to high office based solely on their personal charm.