Mostly the debate will be "won" by anyone who could keep up with it. This was a debate for people who don't have to get up on the east coast in the morning.
The Obama Campaign essentially set Romney up to take a big hit!
Only one example, there is this, for the next several weeks.
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OBAMA: “Gov. Romney’s central economic plan calls for a $5 trillion tax cut — on top of the extension of the Bush tax cuts, that’s another trillion dollars — and $2 trillion in additional military spending that the military hasn’t asked for. That’s $8 trillion. How we pay for that, reduce the deficit, and make the investments that we need to make, without dumping those costs onto middle-class Americans, I think is one of the central questions of this campaign.”
THE FACTS: Obama’s claim that Romney wants to cut taxes by $5 trillion doesn’t add up. Presumably, Obama was talking about the effect of Romney’s tax plan over 10 years, which is common in Washington. But Obama’s math doesn’t take into account Romney’s entire plan.
Romney proposes to reduce income tax rates by 20 percent and eliminate the estate tax and the alternative minimum tax. The Tax Policy Center, a Washington research group, says that would reduce federal tax revenues by $465 billion in 2015, which would add up to about $5 trillion over 10 years.
However, Romney says he wants to pay for the tax cuts by reducing or eliminating tax credits, deductions and exemptions. The goal is a simpler tax code that raises the same amount of money as the current system but does it in a more efficient manner.
The knock on Romney’s plan, which Obama accurately cited, is that Romney has refused to say which tax breaks he would eliminate to pay for the lower rates.
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So going forward, then the Obama Campaign has put Romney on a record that he cannot defend: With huge many weeks and days to go!
The Obama Campaign has far more money! The Romney message is unclear. Most likely economic events will trend mostly Democrat in coming days.
Romney has not plan.
End of knock-out in Debate Number One.
"Crow, James Crow, Shaken Not Stirred!"
(Romney-Eyes only glazed ffteen times in 90 minutes--Getting to insane, but maybe not yet there!)
The Obama Campaign essentially set Romney up to take a big hit!
Only one example, there is this, for the next several weeks.
______________________________________
OBAMA: “Gov. Romney’s central economic plan calls for a $5 trillion tax cut — on top of the extension of the Bush tax cuts, that’s another trillion dollars — and $2 trillion in additional military spending that the military hasn’t asked for. That’s $8 trillion. How we pay for that, reduce the deficit, and make the investments that we need to make, without dumping those costs onto middle-class Americans, I think is one of the central questions of this campaign.”
THE FACTS: Obama’s claim that Romney wants to cut taxes by $5 trillion doesn’t add up. Presumably, Obama was talking about the effect of Romney’s tax plan over 10 years, which is common in Washington. But Obama’s math doesn’t take into account Romney’s entire plan.
Romney proposes to reduce income tax rates by 20 percent and eliminate the estate tax and the alternative minimum tax. The Tax Policy Center, a Washington research group, says that would reduce federal tax revenues by $465 billion in 2015, which would add up to about $5 trillion over 10 years.
However, Romney says he wants to pay for the tax cuts by reducing or eliminating tax credits, deductions and exemptions. The goal is a simpler tax code that raises the same amount of money as the current system but does it in a more efficient manner.
The knock on Romney’s plan, which Obama accurately cited, is that Romney has refused to say which tax breaks he would eliminate to pay for the lower rates.
_________________________________
So going forward, then the Obama Campaign has put Romney on a record that he cannot defend: With huge many weeks and days to go!
The Obama Campaign has far more money! The Romney message is unclear. Most likely economic events will trend mostly Democrat in coming days.
Romney has not plan.
End of knock-out in Debate Number One.
"Crow, James Crow, Shaken Not Stirred!"
(Romney-Eyes only glazed ffteen times in 90 minutes--Getting to insane, but maybe not yet there!)
