Debunking Romney’s “Plan for jobs and economic growth”

Like Romney’s stump speech, his economic plan is FULL OF LIES.

Page 1

“Believe in america”

no problems here. its silly crap, though.

“Mitt Romney’s Plan for Jobs and Economic Growth”

lol. I’ll explain the laughter later.

Foreword

A pile of nonspecific garbage.

Introduction letter from Mitt Romney

“Back in the beginning of 2009 we were told by the incoming
Obama administration that a massive federal spending package would keep
the unemployment rate from rising above 8 percent”

That is a LIE, Mitt.
http://www.politifact.com/virginia/statements/2012/mar/02/eric-cantor/cantor-says-obama-promised-stimulus-would-keep-une/
His entire first paragraph is based on you believing that lie.

“We can count here the binge of borrowing
and spending that set off worldwide alarms about the creditworthiness of
the United States and led to Standard & Poor’s unprecedented downgrade of
our nation’s sovereign credit rating”

This is two lies in one. The vast majority of the “spending” is republican policy, not Obama policy.
And the tea party downgrade was forced by republicans – in addition to being needed to pay for (R) policy.

“Washington has become an impediment
to economic growth.”

This is stupid.
Remove the 4 million jobs from the stimulus and we’re up around 11% unemployment.
Mitt is lying or stupid.
His entire pathetic introduction is simply repeating fox “news” trash.

5 Bills for day one

The American Competitiveness Act
Reduces the corporate income tax rate to 25 percent

Because with corporations sitting on trillions of dollars, giving them more money makes sense? This INCREASES the deficit, idiot Romney.

The Open Markets Act
Implements the Colombia, Panama, and South Korea Free Trade Agreements

More free trade?

The Domestic Energy Act
Directs the Department of the Interior to undertake a comprehensive survey
of American energy reserves in partnership with exploration companies and
initiates leasing in all areas currently approved for exploration

drill baby drill? no thanks. its time to go renewable, before the south is unlivable and the north becomes the south (temperature-wise)

The Retraining Reform Act
Consolidates the sprawl of federal retraining programs and returns funding and
responsibility for these programs to the states

Sounds like a loss of jobs to me.

The Down Payment on Fiscal Sanity Act
Immediately cuts non-security discretionary spending by 5 percent, reducing
the annual federal budget by $20 billion

Big loss of jobs.

On day one, mitt would grow the deficit (not offset by his cuts) and cut jobs.
bravo?
FIVE EXECUTIVE ORDERS FOR DAY ONE

An Order to Pave the Way to End Obamacare

because the slowing health care costs NEED TO GROW FASTER!!!

An Order to Cut Red Tape

because too many regulations caused the financial crisis, you silly F*ck?

An Order to Boost Domestic Energy Production

more drill baby BS

An Order to Sanction China for Unfair Trade Practices

Is that all Mitt? you toothless bitch.

An Order to Empower American Businesses and Workers

This is a union-busting order.

The next 20 pages are simple fox news talking points (lies).
I may go into more detail later.

With a second wind, I’ll continue – look at the charts mitt uses to make his case.

This chart wants you to believe:
– 19,000 jobs lost by the temporary moratorium in the gulf after the spill, despite no evidence of that.
– 131,000 “jobs potential” from XL pipe, which will create no more than 5,000 temporary jobs
– and some 8 million jobs are threatened by clean air regulations, lol.

This chart wants you to think that we have a high corporate tax rate, but in REALITY after loopholes we have just about the lowest real corporate tax rate. This chart is complete BS.

This lying chart takes an economic projection from Dec/Jan 2009 and tries to claim the stimulus didn’t work based on that. The trouble for lying mitt (aside from basing his chart on a projection)? The bush recession was much bigger than anyone thought. The stimulus did create millions of jobs, and that bends the curve DOWN regardless of how much he wants you to believe otherwise. A revised chart from the CBO says that unemployment would have topped 11% without the stimulus.

This lying chart puts the jobs lost from the bush recession into Obama’s column.
And if you count from the peak of the bush recession (when unemployment began dropping), we’ve gained more than 4 MILLION private sector jobs.
As is common for spinning cons, romney wants to blame obama for the bush recession

Yet another chart trying to blame obama for the bush recession

This lying chart relies on you believe a Koch-funded fake study.
its 100% lies.

Another lying chart. Obama’s TOTAL is 1.4 trillion.
This is mitt trying to blame obama for bush policies that haven’t ended (thanks (R)’s in congress).

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