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More than 500 economists, 5 Nobel laureates back Romney’s economic strategy

ScienceRocks

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More than 500 economists, 5 Nobel laureates back Romney’s economic strategy
Daily Caller ^ | 8-20-12 | Caroline May

Economists, Nobel laureates back Romney's economic strategy | The Daily Caller

More than 500 economists — including five Nobel laureates — have endorsed Republican presidential candidate Mitt Romney’s economic plan as the right choice for jobs creation and economic growth.


The pro-Romney group “Economists for Romney” announced Monday that its statement of support for the former Massachusetts governor’s economic plan now has 526 signatories, up from 400 a week ago.


“We enthusiastically endorse Governor Mitt Romney’s economic plan to create jobs and restore economic growth while returning America to its tradition of economic freedom,” Economists for Romney’s statement of support reads, proclaiming Romney’s plan as based on “proven principles” to restrain the federal government and expand opportunities in the private sector.

beneficial to future economic success.
•Reduce marginal tax rates on business and wage incomes and broaden the tax base to increase investment, jobs, and living standards.
•End the exploding federal debt by controlling the growth of spending so federal spending does not exceed 20 percent of the economy.
•Restructure regulation to end “too big to fail,” improve credit availability to entrepreneurs and small businesses, and increase regulatory accountability, and ensure that all regulations pass rigorous benefit-cost tests.
•Improve our Social Security and Medicare programs by reducing their growth to sustainable levels, ensuring their viability over the long term, and protecting those in or near retirement.
•Reform our healthcare system to harness market forces and thereby reduce costs and increase quality, empowering patients and doctors, rather than the federal bureaucracy.
•Promote energy policies that increase domestic production, enlarge the use of all western hemisphere resources, encourage the use of new technologies, end wasteful subsidies, and rely more on market forces and less on government planners.
 
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OKTexas

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But, But, But, Maobama said economist said Romney is full of shit.

Did Maobama lie, again!!!
 

Saigon

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Matthew -

When are you going to go back to your thread about Shakespeare writing novels?
 

Lakhota

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The Daily Caller? Tucker Carlson, that disgraced little piece of shit? Sooo funny...
 

Lakhota

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BTW, who in the hell knows what Romney's so-called "economic strategy" really is? Romney is simply making a mad dash to the center.
 

OKTexas

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BTW, who in the hell knows what Romney's so-called "economic strategy" really is? Romney is simply making a mad dash to the center.

Let me give you post the response it really, really deserves.

WHAT EVER :badgrin::badgrin::badgrin:
 

Saigon

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It' good to know that there are economics out there who would endorse Romney's closure of tax loopholes - before Romney has anounced them.

This story really has 'fiction' written all over it.
 
OP
ScienceRocks

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“America is like a healthy body and its resistance is threefold: its
patriotism, its morality and its spiritual life. If we can undermine these
three areas, America will collapse from within” - Joseph Stalin.
 

Lakhota

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These NaziCons can conjure shit up quicker than a jack rabbit on a date.
 

Saigon

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Billo_Really

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More than 500 economists, 5 Nobel laureates back Romney’s economic strategy
Daily Caller ^ | 8-20-12 | Caroline May

Economists, Nobel laureates back Romney's economic strategy | The Daily Caller

More than 500 economists — including five Nobel laureates — have endorsed Republican presidential candidate Mitt Romney’s economic plan as the right choice for jobs creation and economic growth.


The pro-Romney group “Economists for Romney” announced Monday that its statement of support for the former Massachusetts governor’s economic plan now has 526 signatories, up from 400 a week ago.


“We enthusiastically endorse Governor Mitt Romney’s economic plan to create jobs and restore economic growth while returning America to its tradition of economic freedom,” Economists for Romney’s statement of support reads, proclaiming Romney’s plan as based on “proven principles” to restrain the federal government and expand opportunities in the private sector.

beneficial to future economic success.
•Reduce marginal tax rates on business and wage incomes and broaden the tax base to increase investment, jobs, and living standards.
•End the exploding federal debt by controlling the growth of spending so federal spending does not exceed 20 percent of the economy.
•Restructure regulation to end “too big to fail,” improve credit availability to entrepreneurs and small businesses, and increase regulatory accountability, and ensure that all regulations pass rigorous benefit-cost tests.
•Improve our Social Security and Medicare programs by reducing their growth to sustainable levels, ensuring their viability over the long term, and protecting those in or near retirement.
•Reform our healthcare system to harness market forces and thereby reduce costs and increase quality, empowering patients and doctors, rather than the federal bureaucracy.
•Promote energy policies that increase domestic production, enlarge the use of all western hemisphere resources, encourage the use of new technologies, end wasteful subsidies, and rely more on market forces and less on government planners.
Romney is a corporate bitch, doing what he's told, like a good little whore!

That's not an economic plan, it's an un-specified, piece of garbage that gives and "end zone view", in order to leave the illusion that he just said something of substance, when all it is, is empty rhetoric.

Let's take another look at the Flim Flan Man's Plan:

•Reduce marginal tax rates on business and wage incomes and broaden the tax base to increase investment, jobs, and living standards.
Reality: Trickle-down economics as proven over the last half-century not to work.

•End the exploding federal debt by controlling the growth of spending so federal spending does not exceed 20 percent of the economy.
Reality: He's going to reduce federal spending by increasing the defense budget a trillion dollars.

•Restructure regulation to end “too big to fail,” improve credit availability to entrepreneurs and small businesses, and increase regulatory accountability, and ensure that all regulations pass rigorous benefit-cost tests.
Reality: There are no more regulations than there were during the Clinton Administration, when we had 8 years of economic growth.

•Improve our Social Security and Medicare programs by reducing their growth to sustainable levels, ensuring their viability over the long term, and protecting those in or near retirement.
Reality: This is the big right wing myth, saying we have a problem with Medicare and SS. Both programs are solvant and have been working fine for the last 50 years.

•Reform our healthcare system to harness market forces and thereby reduce costs and increase quality, empowering patients and doctors, rather than the federal bureaucracy.
Reality: Market forces have been harnesses in the form of the healthcare lobby. The result was keeping the "public option" out of the healthcare bill, which was the only thing that could effectively reduce the cost of healthcare. Federal bureaucracy in the healthcare industry is a lie.

•Promote energy policies that increase domestic production, enlarge the use of all western hemisphere resources, encourage the use of new technologies, end wasteful subsidies, and rely more on market forces and less on government planners.
Reality: This will give us more "deep water horizon" incidents and West Virginia mine collapses. Where it is more cost efficient for energy companies to pay the fines, than correct their safety violatons.
This country is being fleeced and turned into a 3rd world nation from disengous pricks like Romney and the seditious fucking assholes who value personal gain over their citizenship to the United States.
 

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It's short, but it's not very big around.
 

Darkwind

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My dick may never rise again.
 

Saigon

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Erand7899

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It' good to know that there are economics out there who would endorse Romney's closure of tax loopholes - before Romney has anounced them.

This story really has 'fiction' written all over it.

I have been hard pressed to find anyone who is opposed to closing tax loopholes. The question is whether there are enough loopholes at the high end of the income curve to make that rate cut to the top tier, revenue neutral.

Economists do not need Romney to tell them what those loopholes are, or how cutting them will affect revenue.
 

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