Skip to main content

Honestly, what is not bogus about Mitt Romney?

According to Nobel Laureate in Economics, Professor Paul Krugman, Mitt Romney has no credible jobs plans.  The numbers he presents don't add up.  This claim has been proven earlier this week by a fact checker for the Washington Post.

Professor Krugman rightfully believes that Romney believes that if he is elected jobs will magically created by his sheer personal awesomeness.

 Snow Job on Jobs  

But Mr. Romney, it turns out, doesn’t have a plan; he’s just faking it. In saying that, I don’t mean that I disagree with his economic philosophy; I do, but that’s a separate point. I mean, instead, that Mr. Romney’s campaign is telling lies: claiming that its numbers add up when they don’t, claiming that independent studies support its position when those studies do no such thing.
What else, other than snake oil, smoke, mirrors and spin can one expect from a man who trashed 47% of the American people because they don't pay taxes?  These are moochers and leeches who also receive Medicare and Social Security benefits.  Some receive veteran benefits.  Thanks to places like Wal-Mart that pay slave wages some people receive Medicaid, Food Stamps and subsidies for their children.  

Cross posted on Texas Kaos

Romney's Plan: A return to Bushonomics.

But back to the Romney jobs plan. As many people have noted, the plan has five points but contains no specifics. Loosely speaking, however, it calls for a return to Bushonomics: tax cuts for the wealthy plus weaker environmental protection. And Mr. Romney says that the plan would create 12 million jobs over the next four years.
Romney's Smoke and Mirrors Plan is Based on Lying.
Just for the record, one study concluded that America might gain two million jobs if China stopped infringing on U.S. patents and other intellectual property; this would be nice, but Mr. Romney hasn’t proposed anything that would bring about that outcome. Another study suggested that growth in the energy sector might add three million jobs in the next few years — but these were predicted gains under current policy, that is, they would happen no matter who wins the election, not as a consequence of the Romney plan.

Finally, a third study examined the effects of the Romney tax plan and argued (implausibly, but that’s another issue) that it would lead to a large increase in the number of Americans who want to work. But how does that help cure a situation in which there are already millions more Americans seeking work than there are jobs available? It’s irrelevant to Mr. Romney’s claims.

So when the campaign says that these three studies support its claims about jobs, it is, to use the technical term, lying — just as it is when it says that six independent studies support its claims about taxes (they don’t).

Mitt Romney is being vague on China because his Bain Capital is shipping jobs to China as I type.
The day before Election Day will be my last day of work at Sensata Technologies, a Bain Capital-owned company. And on Election Day, I'm going to get up, I'm going to go to the polls, and then I will go and sign up for unemployment compensation for the first time in my life.

Hi all. I'm Tom Gaulrapp, and I've worked at the Sensata plant across the street from where I type this for 33 years.

This is how Romney's policies have impacted hard working American workers in the Midwest.

Meanwhile a fact checker for the Washington Post said Romney's plan is classic bait and switch.  He gave it four Pinocchios.

This is a case of bait-and-switch. Romney, in his convention speech, spoke of his plan to create “12 million new jobs,” which the campaign’s white paper describes as a four-year goal.

But the candidate’s personal accounting for this figure in this campaign ad is based on different figures and long-range timelines stretching as long as a decade — which in two cases are based on studies that did not even evaluate Romney’s economic plan.  The numbers may still add up to 12 million, but they aren’t the same thing — not by a long shot.

In many ways, this episode offers readers a peek behind a campaign wizard’s curtain — and a warning that job-creation claims by any campaign should not be accepted at face value. The white paper at least has the credibility of four well-known economists behind it, but the “new math” of this campaign ad does not add up.

As readers know, we tend to judge more harshly claims in prepared speeches or ads that were the result of considered discussion by political aides.  

Clearly, some clever campaign staffer thought it would be nice to match up poll-tested themes such as “energy independence,” “tax reform” and “cracking down on China” with actual job numbers. We just find it puzzling that Romney agreed to personally utter these words without asking more questions about the math behind them.

Mitt Romney is at best a good salesman.  But the product he is selling is made out of crap. It will fall apart the minute the unfortunate consumer uses it.
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site