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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRomney's Five Biggest Lies (Rolling Stone)
[center] "It's almost like an Etch A Sketch. You can kind
of shake it up and we start all over again."[/center]
October 4, 2012
Mitt Romney turned in a polished performance in last night's presidential debate and revealed himself to be an accomplished and unapologetic liar. In an evening where he sought to slice and dice the president with statistics, Romney baldly misrepresented his own policy prescriptions, made up numbers to fit his attacks and buried clear contrasts with the president under a heaping pile of horseshit.
1. "I don't have a $5 trillion tax cut." Romney flatly lied about the cost of his proposal to cut income-tax rates across the board by another 20 percent (undercutting even the low rates of the Bush tax cuts). Independent economists at the Tax Policy Center have shown that the price tag for those cuts is $360 billion in the first year, a cost that extrapolates to $5 trillion over a decade.
2. "I will not reduce the taxes paid by high-income Americans." Romney has claimed that he will pay for his tax cuts by closing a variety of loopholes and deductions. The factual problem? Romney hasn't named a single loophole he's willing to close; worse, there's no way to offset $5 trillion in tax cuts even if you get rid of the entire universe of deductions for the wealthy that Romney has not put off the table (like the carried interest loophole or the 15 percent capital gains rate.) The Tax Policy Center report concludes that Romney's proposal would create a "net tax cut for high-income tax payers and a net tax increase for lower- and or middle-income taxpayers." Moreover, some of Romney's tax cuts are micro-targeted at American dynasties, particularly his proposal to eliminate the estate tax, which would reduce his own sons' tax burden by tens of millions of dollars.
3. "We've got 23 million people out of work or [who have] stopped looking for work in this country." Romney is lying for effect. The nation's crisis of joblessness is bad, but not 23 million bad. The official figure is 12.5 million unemployed. An additional 2.6 million Americans have stopped looking for jobs. How does Romney gin up his eye-popping 23 million figure? He counts more than 8 million wage earners who hold part-time jobs as also being "out of work."
Read the rest: http://www.rollingstone.com/politics/news/the-first-debate-mitt-romneys-five-biggest-lies-20121004
hifiguy
(33,688 posts)has more trolls than all the bridges in Norway.
RiverStone
(7,228 posts)"Governor Romney, please provide examples of these loopholes you are referring too".
And who gives a shit if the moderator cares or not.
LiberalAndProud
(12,799 posts)The Count would approve.
By: Sarah JonesOctober 4th, 2012see more posts by Sarah Jones
http://www.politicususa.com/12-lies-mitt-romneys-debate-performance-mostly-fiction.html
ROMNEY LIE #1: Romney says his five point plan will lead us to prosperity but indepenent analysts say it would actually hurt the economy
ROMNEY LIE #2: Romney said his tax plan wouldn't hurt the middle class, but it will raise taxes on the middle class while cutting them for multimillionaires and billionaires
ROMNEY LIE #3: Romney wouldn't reduce tax cuts for the wealthy - but in fact, that's exactly what his plan does
ROMNEY LIE #4: Romney claims his tax plan isn't like anything we've tried before = but it's the same trickle-down scheme we've seen before
pokerfan
(27,677 posts)under a Romney presidency. The only specific cut Romney mentioned last night was to go after Corporation for Public Broadcasting. To put it in persepective:
Budget: 3.5T
CFP: $0.0004T
Yeah, that balances everything.
[center]Mitt's New Theme Song
Sunny Day
Sweepin' the poor away
On my way to where the wealthy meet
Can you help me get rid of,
Help me get rid of Sesame Street
Come and pray
Life will be A-OK
Wealthy neighbors there
That's where the Rich meet
Can you help me get rid of
Help me get rid of Sesame Street
It's a black stretch limo ride
Every door will open wide
To Wealthy people like you --
Wealthy people like you
What a beautiful
Sunny Day
Sweepin' moms & kids away
On my way to where the wealthy meet
Can you help me get rid of,
Help me get rid of
Sesame Street ...
Help me get rid of Sesame Street[/center]
HughBeaumont
(24,461 posts)moondust
(20,006 posts)I tend to dismiss everything they say no matter how they say it.