How can Romney expect to "fix" America when Romney hired the very people who broke America?
Since Romney has hired almost all of Bush & Cheney's Advisers, both George Bush & Dick Cheney are on the Ballot in November.
ROMNEY/BUSH/CHENEY ECONOMIC ADVISERS
A) Bush/Cheney Tax Cuts Adviser:
R. Glenn Hubbard: Served As The Chairman Of President Bush’s Council Of Economic Advisers From 2001 To 2003. He is also a director at several companies: ADP, BlackRock Closed-End Funds, KKR Financial, and MetLife. (MetLife??? hmmm)
In 2001 Bush/Cheney Tax Cuts were meant to be temporary; therefore, Congress had to re-up the Bush/Cheney Tax Cuts in 2003. As a result of those 2001 & 2003 Bush/Cheney Tax Cuts, America had to borrow money from China just to pay for our two wars.
In late 2003, Tim Russert and other journalists were asking George Bush and Dick Cheney why they would not "freeze" the Bush/Cheney Tax Cuts so we can pay for our wars. Both Bush and Cheney thought 'freezing' or 'repealing' the Tax Cuts was not the right thing to do.
"When they say, 'We're going to repeal Bush's tax cuts,' that means they're going to raise your taxes, and that's wrong. And that's bad economics,"
~President George Bush, 2004 during Campaign stop in Springfield Mo
Hmm ... interesting and absurd that Bush said repealing a "tax cut" equals raising taxes. Just 7 months ago Tax Cut Maniac Grover Norquist said letting Payroll Tax Cuts expire is not equal to raising your taxes.
“For the president [Obama] to run around and say not continuing a temporary tax cut is an increase is inaccurate,”
~Grover Norquist, Dec 1, 2011 in an interview after the closed-door meeting with Republican lawmakers.
I think it's past time someone tell the Republicans that
Taxes pay for wars - and - therefore, cutting taxes while waging two wars is mathematically stupid.
B) Outsourcing Adviser, aka, Shipping American Jobs Overseas Adviser:
Greg Mankiw:
Served As The Chairman Of President Bush’s Council Of Economic Advisers From 2003 To 2005. In a 2004 press conference, Mankiw said shipping American jobs overseas by U.S. companies is "a plus for the economy in the long run."
I'm not sure there is a bigger fan of shipping American jobs overseas than Greg Mankiw. He has written plenty about his love-affair with shipping American jobs overseas.
In February 2004, the LA Times reported that Greg Mankiw's Economic Advise for George Bush and Dick Cheney was to encourage companies to move American's jobs, both factory and white-collar, to other countries because outsourcing is a positive economic policy that will "enrich the U.S. Economy over time, even if it causes short-term pain and dislocation."
"Outsourcing is just a new way of doing international trade. More things are tradeable than were tradeable in the past. And that's a good thing."
~Gregory Mankiw, 2004 Economic Report of the President "
2003 BUSH/CHENEY PRESIDENTIAL CAMPAIGN:
As the 2003 Presidential Campaign was getting into swing, the
Romney/Bush/Cheney Economic Advisers had already destroyed the US Economy. In fact, it only took 32 months of their policies to gave rise to horrible Economic Data:
Notice: That data above represents Romney/Bush/Cheney economic policies in just 32 short months.
AFTER 8 YEARS OF ROMNEY/BUSH/CHENEY ADVISER'S POLICIES:
Jobs LOST = 4.4 Million
less than 1 Million Private Sector Jobs Created after 8 years
DOW closed at 7949 DOWN 25% after 8 years
Unemployment Rate = 7.8% UP 90.2% after 8 years
Debt = $10.6 Trillion UP 86%
Over 750,000 Jobs Lost per month in last part of 2008
Over 850,000 Jobs LOST in January 2009
Kept Cost of Two Wars out of the Budget
CURRENTLY PRESIDENT OBAMA'S POLICIES
Jobs CREATED:
over 4 Million Private Sector Jobs Created in last 3.5 years
Unemployment Rate = 8.2% UP 5%
Stock Market closed 12,836 UP 61.4%
Jobs are being created per month (as opposed to losing 750,000 jobs per month)
Difficult to compare Debt increase as President Obama does include the cost of two wars in the Budget.
Looking at the data,
Yes: America is much better off than it was 4 years ago.
The big picture is: Since Mitt Romney has hired Bush/Cheney Top Economic Advisers as his own Top Economic Advisers -- Yes, both George Bush and Dick Cheney are on the Ballot in November.
How can Romney expect to "fix" the Economy when Romney hired the very people who broke our Economy?