FLASHBACK: Romney Econ Advisers Predicted Bush Tax Cuts Would Lead To Huge Job Growth

[Lakhota]

By Pat Garofalo

Mitt Romney and his economic advisers have spent the week claiming that Romney’s economic plan will create 12 million jobs, as they attempt to change the subject away from a Tax Policy Center report showing that Romney’s tax plan would mean a big tax increase for middle-class families.

A Center for American Progress Action Fund analysis shows that, far from creating 12 million jobs, Romney’s economic plan would kill 360,000 jobs in 2013 alone. But this discrepancy is perhaps less surprising considering that the same advisers who gave Romney his number — including economists Greg Mankiw and Glenn Hubbard, who both worked for former President George W. Bush — estimated that the Bush tax cuts would lead to massive job growth:

More: FLASHBACK: Romney Economic Advisers Predicted Bush Tax Cuts Would Lead To Huge Job Growth | ThinkProgress

 

[Lakhota]

Romney's tax plan is all smoke and mirrors to benefit the rich.