| Princeton Economist calls out Obama campaign; who is the liar? | |
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| Tweet Topic Started: Oct 8 2012, 08:22 AM (260 Views) | |
| Joan Foster | Oct 8 2012, 08:22 AM Post #1 |
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http://www.weeklystandard.com/blogs/princeton-economist-obama-campaign-misrepresenting-my-study-romneys-tax-plan_653917.html |
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| kbp | Oct 8 2012, 09:12 AM Post #2 |
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It would be a lie if I said I knew exactly what the plan is from either candidate, the fine details anyway. But I do have a fair grasp on the general approach each is promoting. The battle in the media seems to be stuck on "CLOSING LOOPHOLES", which is important, however the bigger BS from Barry's Team is on the revenue increase topic ....which is very ironic when you consider Barry's record over the last 3+ years. Barry's deficit / debt reduction plans (plural) have all had unrealistic numbers used for the growth forecast (which he has failed at reaching 3 years steady now!), and they've all been full of promises that his plan works magic long after he would be gone even if he were to be re-elected ...while his campaign ignores growth when calculating what they call the Romney Plan. It's a no-brainer that the "magic" of any plan to increase government revenue through tax increases AND immediate growth projections during a down market will not work ...which is about as smart of a plan as trying to CHANGE us over to alternative energy, with the HOPE that our economy will grow stronger with higher energy costs. ADD: Think back to the budget battles in which both sides were working to make us feel better about reducing spending growth, NOT reducing actual levels of spending. That is when Barry forecast our enormous growth ...the "summer of recovery" was the start of it! Edited by kbp, Oct 8 2012, 09:15 AM.
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| kbp | Oct 8 2012, 09:21 AM Post #3 |
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| kbp | Oct 8 2012, 09:27 AM Post #4 |
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I should have included this in my last post. The political topic has been more directed to "loopholes", as I suppose that seems like it associates with the "1%" bad guys better during the election campaign, but the more important factor is GROWTH ...IMO. |
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| MikeZPU | Oct 8 2012, 12:17 PM Post #5 |
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http://www.foxnews.com/politics/2012/10/08/krugman-calls-obama-debate-stretches-minor-fudges-but-romney-flat-out-untruths/ And then there's Krugman ... reminds me of the Harvard Professor who called Obama a "brilliant constitutional scholar." I'm sure Krugman would claim that Obama is a brilliant economist as well. As Obama said in that 2008 speech "Where's your dollar (but pronounced more like dolla') ? " http://www.foxnews.com/politics/2012/10/08/krugman-calls-obama-debate-stretches-minor-fudges-but-romney-flat-out-untruths/ |
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