Filed under The Public Square
Tagged as infrastructure, keep gov't out of my uterus, Poverty, The Economy
Mitt Romney will be even more generous to big banks and corporations than his old friend President George W. Bush.
Annual tax revenue accounted for 17.6% of the GDP under Bush. Mitt Romney’s plan calls for a 16.5% GDP. This is significant because Bush’s tax revenue was the lowest it had been under any president since Harry Truman.
Romney would drive it even lower.
Mitt Romney’s Tax Plan Makes The Bush Tax Cuts Look Stingy By Comparison
Read more: http://www.businessinsider.com/romney-tax-plan-is-more-1-percent-friendly-than-george-w-bushs-2012-6?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed28Business+Insider%29#ixzz1wkMQbaH5
How Wall Street’s bad week proves Social Security should never be privatized
Mitt Romney and his defenders spew the talking point that Romney is more qualified to run the economy because he has been in private equity financial dealings.
Romney made the statement while defending that $3 billions at JP Morgan a couple weeks ago as that is how capitalism works – there are winners and there are losers.
So – Romney wants to run the country as a private equity financial dealer – but yet didn’t the Republicans yammer on and on about how the government should NOT be picking winners and losers?
So if private equity capitalism is based on winners and losers – then isn’t the government Romney proposes is the very thing these REpublicans profess to hate so much?
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