Thread: Romney: Big Spending Cuts Will Cause Recession

Originally Posted by squidward

are you defending one dope by pointing out another dope ?

No, just pointing out that liberals most common answer for anything is avoidance of an answer. Avoid, deflect, misdirect, change the subject, or lie, is the liberal way.

November will prove it to have been the WRONG way.

Originally Posted by Shiva_TD

Neither Mitt Romney or President Obama have proposed a budget that would be "balanced" within the next four years (i.e. the term of office for the president) and both have proposed virtually the identical deficit spending for 2013 of over $800 billion. Additionally neither candidate has proposed how to pay off the debt that has accumulated just since 2001 of about $10 trillion.

Neither of these idiots should be elected because both of them are intent on bankrupting America.

Gives standing ovation.

Originally Posted by Ronald0

Yet to be seen? What world are you living in.

He lives in a fairy tale land of believing there is any difference between the demopublicans and reprocrats. He seems to think Romney is a RINO.

excellent video,thansk for posting it.

Originally Posted by Shiva_TD

Okay, how about we just address Romney's blatant threats against civil liberties and his threat of continuing the huge deficit spending by the US government that takes us further down the road to national bankrupcy identical to Obama's fiscal policies for our government.

and also how he is any different than Obama since they are both members of that evil organization the council on foreighn relations and he was invited to attend the bilderbergers meeting who is deciding if Romney should be the next president or if to keep Obama in office.

"Well because, if you take a trillion dollars for instance, out of the first year of the federal budget, that would shrink GDP over 5 percent. That is by definition throwing us into recession or depression. So I'm not going to do that, of course," Romney said

Originally Posted by The Mello Guy

"Well because, if you take a trillion dollars for instance, out of the first year of the federal budget, that would shrink GDP over 5 percent. That is by definition throwing us into recession or depression. So I'm not going to do that, of course," Romney said

The current national debt is going to reduce the growth in the GDP by 1/3rd indefinately according to a 2009 CBO estimate. That's a lot worse than a 5% one year loss.

And so the Lefties mindset says that any money not spent by the Government just disappears from the Economy altogether?


What about the Economic Bonuses achieved by having MARKETs rather than Government Programs determine what is a efficent investment?


Have we so forgotten the power of the invisable-hand of capitalistic competition that this sort of pro-socialist propaganda works?


I think the left underestimates the American People.

Romney's reasoning accepts the basic premise that government spending adds to GDP and leads to economic growth, at least during times when consumer spending and private-sector demand is down.

I didn't see anything in what Romney said that would suggest that he believes government spending or that he would continue the government spending so as to add to the GDP. Romney is just saying that he wouldn't make cuts...that's cuts during this critical time of national debt crisis. Stop trying to put words in Mitt's mouth that are in no way true.

A rewrite of the tax code would SAVE a trillion dollars. We give away a trillion dollars to people that have earned and contributed nothing, just in the income tax code.

Originally Posted by Injeun

Sounds to me like Romney wants to cut spending, little by little, on the heels of an improving economy. That makes sense to me. The Dems seem to want to just keep spending as a strategy. In short, Romney veers away from the Dem strategy, putting the two farther apart as time goes on.

I suggest you listen to the evil Democrats a bit more.
First you have to get rid of your propaganda 'tax and spend' BS and think for yourself.
Democrats do want to cut spending, after the economy recovers, they have said this from the outset.
Biggest problem for the cons is that they refuse to cut defense, despite the fact that defense is a black hole for tax dollars and is in fact nothing more than corp welfare.