President Barack Obama Message Board

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Politics : President Barack Obama

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To: RetiredNow who wrote (119581)	8/31/2012 12:15:07 PM
From: koan	Read Replies (1) of 149317

<<What I saw more than anything is a person laser focused on the economy and finances. Romney's entire career has been about success within the economy. His credentials and that of Ryan scream fiscal conservative and successful outcomes. He'll do what it takes to get elected and then we'll see how he does on the economy.>> Ezra klein and Eric Alterman have made it very clear that Romney's budget would explode the deficit. His tax cuts for the very rich are more than even Bush's and he has no way of paying for them. And the program cuts he alludes to, but never mentions, are not possible, according to Klein. Alterman: $10.7 trillion in tax cuts over the next 10 years with fully 33% going to the top one tenth of one percent. Bush only had 12.5% going to the top 1/10 of 1%. Brookings institute Tax policy center: "the cuts will likely add 9$ trillion in lost revenu in the coming decade"

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