Last weekend the Romney campaign laid their cards on the table. After months of speculation over whom the Romney campaign would pick for the vice presidential nomination, Mitt Romney opted not to make the safe play by picking someone such as Governor Tim Pawlenty or Senator Robert Portman, but instead attempted to energize his base by going all in with Congressman Paul Ryan.
The pick of Ryan was a calculated appeal to voters in the Republican base who have fretted over Romney’s conservative credentials since his nomination. In aiming to shore up his base, Romney has instead unwittingly violated the principle of do no harm by tying his campaign to the principles and plans that Ryan espouses.
What was supposed to be a referendum election with the candidate’s abilities to manage the world’s largest economy at the center of the issues overnight transformed into a debate over ideas. Now, the game comes down to which course of action is better for American voters in insuring the continued prosperity and growth for the country.
On one hand, we have the course established for us in the four years of President Obama’s command. In the American Recovery and Reinvestment Act of 2009 President Obama took the necessary steps to shore up the industrial base of the United States and to prevent another collapse of the banking and housing industry.
By making sure there are regulations and guidelines, such as the Dodd–Frank Wall Street Reform and Consumer Protection Act, aimed at preventing the types of predatory lending and dangerous investing which brought about the recession in the first place, the administration has put safe-guards in place which protect the economy going forward. The Patient Protection and Affordable Care Act have provided all Americans with a healthcare solution for the first time ever.
However, Ryan’s ideas would jeopardize both the recovery and well-being of the average middle-class American. The Ryan plan calls for spending cuts to non-critical programs such as Medicare and SNAP while preserving tax breaks for the largest earners in American society.
Through true supply side economics, Ryan would place the fortunes of the middle class at the whims of the elite whose only incentive is to increase their profits. While supply-side economics are not always a bad idea, this is a huge gamble. By removing the checks and balances present with government regulation, Romney and Ryan would create and environment which favors the people who already life comfortably, and force the middle and lower class to support them in hopes of establishing a trickle-down effect. The poor and elderly would see their healthcare disappear with 700 billion dollars’ worth of Medicare cuts.
This election is now about an ideological difference moving forward in America. While Ryan’s attempts to cut the deficit are commendable for his initiative in promoting discussion, they are simply too extreme. By gutting the core of programs aimed at helping the middle and lower class, while refusing to consider tax breaks for the rich or additional sources of revenue, Romney and Ryan have laid the cards on the table in a desperate all in.
They have given their right-wing base what they desire to the detriment of voters in crucial swing states such as Florida, where many benefit from programs which would be cut. President Obama has given us an alternative to this drastic plan. It now falls to us, the American voters to decide how best to proceed.
Reprinted from State Senator Curt Thompson's (D-5th) blog. Also, check the Senator out on Facebook and Twitter.
Corporations are quite happy with unemployment right where it is. Low enough to not effect their record profits, yet just high enough to create a fearful and very pliable labor market.
That's got to be the most ludicrous statement I have seen you write yet. So you think that Obama's unemployment and lousy economy are great for corporations? McFly? Coo Coo
You can try selling your liberal pablum and misunderstanding my statements all you like. That won't change the facts. Speaking of which the Clinton surpluses are a myth not a fact. I'm still waiting for an explanation of how a surplus added to the national debt. As for government creating jobs, you're wrong again (except for the government jobs it creates at taxpayer expense). Private industry creates the jobs, the government is just a customer of private industry. As for corporations being "happy" that's impossible. A corporation is an entity that has neither emotion nor feelings. I suppose in your world, every corporate manager is an evil unfeeling automaton who only lives to take advantage of working people. In the real world, managers are simply people who must balance the economic and human aspects of business. But I don't really expect you to understand any of that.
Bush had a 5% unemployment rate for two years until *gasp* democrats took over congress (imagine that) Even though Clinton had a good run, rememgber that he was smart enough to move to the middle and agreed with the Republicans on the contract with America (yep- that dasterdly 1% tax cuts - look it up). And there was a slow recession which is a normal cycle of economics. Bush didn't start wars - the TERRORISTS did when they attacked us (Republcans don't sympathize with terrorists nor do they appease them). Seriously, Dave and the rest- don't you have anything better to do than to argue endlessly with people who refuse to hear a word you say? They are in company with liberal Ellen barkin who hopes that the hurricane kills every gay bashing zenophobic SOB at the RNC...uh...occupy wallstreet fanatics that have made threats to come and kill a few people at the RNC, and I could go on. That's the type of stuff they're listneing to. Why don't ya'll go to a movie or spend some time doing something fun since you work so hard all day. Arguing with walls is just not fun to me. lol
We've been over the Clinton surpluses before. The increase in debt was due to portions of the surpluses that were invested in treasury bonds. The federal budget is a fairly straight forward balance sheet. The last 4 years Clinton was in office receipts exceeded outlays creating budget surpluses. http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=200 I was a manager for a Fortune 100 company for nearly 15 years. I saw the culture change from one that valued employee quality of life to one that was willing to sacrifice employee benefits and opportunities to pad the bottom line and increase share price. The corporation was doing exactly what it was designed to do; enriching investors at the expense of employees. It is much cheaper for companies to operate in an environment where they don't have to offer competitive benefits and salaries in order to retain good employees.
Ooops! That's okay. You're human but of course Obama creates government jobs out of thin air. The same way he creates laws bypassing Congress. What this about not being insulting? I thought that's what we're doing. Am I messing this up?
Sigh. Q: During the Clinton administration was the federal budget balanced? Was the federal deficit erased? A: Yes to both questions, whether you count Social Security or not. http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/
But on Wednesday, under questioning from skeptical Republicans, the director of the nonpartisan (and widely respected) Congressional Budget Office was emphatic about the value of the 2009 stimulus. And, he said, the vast majority of economists agree. In a survey conducted by the University of Chicago Booth School of Business, 80 percent of economic experts agreed that, because of the stimulus, the U.S. unemployment rate was lower at the end of 2010 than it would have been otherwise. “Only 4 percent disagreed or strongly disagreed,” CBO Director Douglas Elmendorf told the House Budget Committee. “That,” he added, “is a distinct minority.” ...Most economists not only think it should have worked; they think it did work, Elmendorf replied. CBO’s own analysis found that the package added as many as 3.3 million jobs to the economy during the second quarter of 2010, and may have prevented the nation from lapsing back into recession. http://www.washingtonpost.com/business/economy/congressional-budget-office-defends-stimulus/2012/06/06/gJQAnFnjJV_story.html
http://ctj.org/pdf/ryanplan2010.pdf
It is not true that your taxes have gone up under Obama.What world have you been living in?You got a stimulas check under Obama along with a decrease in your social security tax.
The bottom 50% do pay taxes Fica,medicare,and sales tax.So your statement about the botton 50% paying no taxes is not true.you are hereby sentenced to watching MSNBC for one month and to abstain from watching FOX and listenibng to Rush..
Some will argue that the debt increase was simply a result of intragovernmental loans. That is certainly a factor, but all loans have to be repaid, so all loans represent debt. And one way or another, the money that was borrowed from the Social Security fund will have to be repaid. Unfortunately, that can't be done unless we borrow more money from another source. If you really want to cut to the chase, whatever past presidents did or didn't do is almost irrelevant. Since Obama has been in office, the national debt has exploded into uncharted territory and no amount of tax increase will be sufficient to reverse course.
You have no idea what you are talking about. Go back to your pitiful world.
Btw...Ayn Rand is some deep stuff. Reads like a newspaper today, and she actually lived in a communist country so is someone who can speak from experience. Of course, George will say that she doesn't know what she's talking about and that it didn't happen since he doesn't agree with it...lol
"Wow," is right. With the poor quality of out media, I can understand how people can be ignorant of the tax cuts that they received under President Obama. However, I can't understand why they insist on wallowing in such ignorance. It seems to be a source of pride. http://www.irs.gov/newsroom/article/0,,id=204447,00.html http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/08/28/the-obama-administration-has-cut-taxes/ http://www.ctj.org/obamastaxcuts/ga.pdf
You are right about GE just wanted to do a test.
If you can misrepresent the facts ,so can I.
Ayn Rand also believed that the scientific consensus on the dangers of tobacco was a hoax. By 1974, the two-pack-a-day smoker, then 69, required surgery for lung cancer. And it was at that moment of vulnerability that she succumbed to the lure of collectivism and started to use Medicare.
Try Tammy Osier