excerpts:
- Instead, his economic platform reflects a man who is devoutly Keynesian, and who, as president, would not be able to reinvigorate the U.S. economy.
- With our economy struggling because of a dearth of capital investment, the plan is surprisingly timid for a Republican.
- Based on the supply-side economic model, Mitt Romney and his tax platform will hurt the very people that he is trying to help.
- Romney’s defense is rooted in the belief that those who have suffered the most economically deserve to have more money in their pockets. This is the Keynesian prescription of putting money into people’s pockets to spur consumer demand. [ emphasis mine: Comment: He is just playing into Obama's class warfare. Why vote for Romney when he is just like Obama?]
- The most disturbing thing about Mitt Romney is that he supports a weak dollar. [Obama lite]
- unstable money reduces the willingness to take risks.
- American democracy has developed two political parties: a party of economic growth and a party of income redistribution. [ comment: a choice, not an echo]
- Mitt Romney is not a supply-sider. He will not benefit American labor. In fact, he represents the greatest risk that the Republican Party will fail to beat President Obama in November 2012.
This needs to be hammered again and again. Romney would be bad even if he wins the presidency. What happens if he becomes president and these policies fail?
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