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Romney’s Pants are On Fire…

 

Romney pumped out at least 20 lies last night, masquerading them as fact. What I found interesting is the statement he made about his sons who could tell the same lies over a period of time until they were accepted as fact. This is obviously a family trait.

Here are some examples of Romney’s fabrications:

Mitt: “I don’t have a $5 trillion tax cut. I don’t have a tax cut of a scale that you’re talking about.”

A Tax Policy Center analysis of Romney’s proposal for a 20%  across-the-board tax cut in all federal income tax rates, eliminating the Alternative Minimum Tax, eliminating the estate tax and other tax reductions, would reduce federal revenue $480 billion in 2015. This amount to $5 trillion over the decade.

Mitt: “I will not under any circumstances raise taxes on middle-income families. I will lower taxes on middle-income families.”

The studies Romney cites actually further prove that Romney would, in fact, have to raise taxes on the middle class if he were to keep his promise not to lose revenue with his tax rate reduction. Combine this with his statement two weeks ago that “Middle Income” means an annual earning averaging $250,000.00 with a minimum of $200,000.00. That sure sounds like upper income to me. Us $50-60,000.00 folks will get taxed.

 

And what about corporations that ship jobs overseas?

If he’s such a businessman… who has actually sent companies to China… don’t you think he knows about the tax break?

I wonder ho many lies will come out of the VP debate? Ryan certainly has been spouting them since his nomination.

Frankly, I don’t believe anything the Republican candidates say. If they have learned to do a good performance of untruthful things then that is what has to be addressed. Obama better wise up to this.

 

 

An Economic Quote for the Day

Romney keeps saying his plan will cut Obama‘s deficit. Turns out it’s another lie from the Mittster. At least that’s what the experts say.

“The bottom line is that whatever baseline you use, until Romney makes good on his promise to pay for his tax cuts, he would increase the deficit far more than Obama would.”

– The Tax Policy Center’s Robert Williams

Romney’s tax cuts for all those multi millionaires would increase the deficit by nearly $5 trillion over 10 years. That’s on top of keeping the Bush tax cuts for the rich. Romney has promised to close various loopholes to pay for his tax cuts, but he hasn’t specified which ones. And he’s not likely to because none of them are actually possibile.

If Romney ever told the truth we could all go back to bed…

From Bob Cesca in The Daily Banter:

A couple of months ago in Arizona, Mitt Romney attacked the president on this topic with a whopper lie: “He said he’d cut the deficit in half. He’s doubled it. He’s doubled it.”

Mitt Romney actually said that. Well, no, the president didn’t cut the deficit in half. And he hasn’t doubled it. Obviously. Romney lied again. Actually, the president is on course to erasing the entire deficit by 2017, according to the Congressional Budget Office. The 2017 budget deficit, which will reflect President Obama’s final spending requests (a similar dynamic to Bush’s last deficit of 2009), could end up being zero.

Conversely, the Tax Policy Center reported that the Romney tax plan would explode the deficit by nearly $3 trillion over ten years. And that doesn’t even take into consideration the reversal of the president’s deficit cutting policies like the Affordable Care Act, or another recession, or whatever Romney decides to do in Iran.

Romney is either incapable of telling the truth, or he has no intelligence to evaluate the numbers showing how things really are. Or… he is under the thumb of the not-running Republican managers and Super Pacs that are spending millions to show Obama in a false light.

It’s up to all of us to make sure the REAL TRUTH gets out and that Karl Rove,  Ricketts, The Koch Brothers and all their rich buddies are dipped in wax and burned like candles.

Do not, PLEASE, do not just ignore them and let it rest. Even if you are upset with SOME things Obama has done, who do you think is more likely to change over the next four years? Republicans?

Not a chance.