Romney says Obama economic stimulus plan is a failure
Published: November 2, 2009
WASHINGTON — Former Mass. Gov. Mitt Romney says the time has come to stop the economic stimulus program, contending that it has not worked as the Obama administration planned.
Three days after the Obama White House touted the program as creating or saving some 650,000 jobs, Romney said in a nationally broadcast interview that “the stimulus that the president and the Congress passed is not what’s helped the economy.“
Romney said on CBS’s “The Early Show” that the administration’s stimulus plan “didn’t work” and he said the reason things seem to be ticking up in the business world is because the “private sector” has regained its equilibrium on its own.
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The next fiscal stimulus that works will be the first in modern history.
http://reason.com/archives/2009/10/19/the-myth-of-the-multiplier
Romney says Obama economic stimulus plan is a failure
Guido says Romney’s health care boondoggle in Taxachussets was an epic failure.
What I want to know is if Romney and the Republican Brain Trust knew this, then why did they stampede into the first bailout last fall?
Because there are few principled capitalists and conservatives appropriating taxpayer loot.
Lots of people don’t trust EITHER party. At least the Dems will tell you they intend to ‘sc…w’ you—the Republicans just do it and pretend they didn’t.
Bullseye
What I want to know is if Romney and the Republican Brain Trust knew this, then why did they stampede into the first bailout last fall?
Because the first bailout was for the banks, which the government was partly responsible for causing the housing problem to begin with.
Did anyone stop and think “I wonder why almost all democrats and republicans voted for the first bailout, no questions asked”? Because government knows they are guilty, and they can’t sit back and do nothing about the problem they caused. But the democrats have people brainwashed into thinking it was the “evil wealthy bank executives” that caused the problem, and the republicans have people brainwashed into thinking it was the “socialist democrats” that caused it. When actually, it was a perfect storm of greedy banks and incompetent democrats and republicans in Washington. And they have us fighting each other while they try to sweep their mistakes under the rug and throw money at a problem without tackling the root cause.
Some days it doesn’t pay for a crony-capitalist Republican to get out of bed! You just slam your face into the floor, and then to do it on national television - Bummer!
What I want to know is if Romney and the Republican Brain Trust knew this, then why did they stampede into the first bailout last fall? Lots of people don’t trust EITHER party. At least the Dems will tell you they intend to ‘sc…w’ you—the Republicans just do it and pretend they didn’t.
“Manufacturing Rebounds, Construction Spending Up”
“Ford Reports First Profit Since 1Q 2008”
Romney is just trying to stay in the spot light for his bid in 2012.
Well said Thinklogical.
Let’s try to turn this thing around together.
Our national political class: dems, reps, whatever, spend ALL of their time running for office. Even after they have WON an office.
How do we change this? We spend a ton of money in taxes and contributions so these guys can engage in a “sport”. Its got to stop.
The teabaggers this summer were no just angry at the current majority party. Generally they were yelling at BOTH parties, they are fed up.
I hope the independent wins in upstate New York that a populace groundswell, both right and left destroys the two current dominant parties. They have gamed the system too long.
Romney’s comment is a classic example as to why the Republicans are absolutely clueless about the economy (see “failure of trickle down economics” just for starters). Lies and denial is all they have. No wonder so few Americans now identify themselves as Republican. About a measly 25 percent!
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