GREGORY: 09:28:30:00 Warren Buffett says, "Hey, the wealthier in this country can pay more and they should pay more. Indeed-- balancing the budget is a way for more economic growth down the line." Who knows more about the American economy, Grover "No tax increases under any circumstances" Norquist or Warren Buffet?
MITT ROMNEY: 09:28:42:00 Well, who knows more about tax policy? I'm not sure that we're gonna choose from the two of them, but I can tell you this. The right course for America is not to raise taxes on Americans. I understand that President Obama and people of his political persuasion would like to take more money from the American people. And they want to do that so they can continue to grow government.
Actually, government is downsizing under Obama.
Not a new phenom, btw, Dems tend to shrink the size of government and "small government" Republicans tend to grow it despite all the rhetoric to the contrary.
Since Reagan anyways.
Here are the figures for average contribution of the federal government to growth in G.D.P., by four-year terms. A positive sign means the government grew in real terms. A negative one means it got smaller. The figures are compound annual changes for each term. To make the lists easier to read, Democratic terms are italicized and those that saw government shrink are in bold.
1949-52 (Truman, D) +8.7%
1953-57 (Eisenhower, R) -1.3%
1957-60 (Eisenhower, R) -0.2%
1961-64 (Kennedy-Johnson, D) +2.1%
1965-68 (Johnson-D) +4.3%
1969-72 (Nixon, R) -2.8%
1973-76 (Nixon-Ford, R) -0.7%
1977-80 (Carter, D) +1.0%
1981-84 (Reagan, R) +1.1%
1985-88 (Reagan, R) +1.7%
1989-92 (GHW Bush, R) +0.7%
1993-96 (Clinton, D) -2.6%
1997-2000 (Clinton, D) -0.1%
2001-04 (GW Bush, R) +0.9%
2005-08 (GW Bush, R) +0.9%
economix.blogs.nytimes.com
Returning tax rates to what they were under Clinton or better yet Reagan would help the American economy a helluva lot than all this austerity/privatization derp the GOPhers are spewing.
And yet these asshats are acting like this sensible, sane, obvious, moderate and logical plan is somehow a subversion of everything Americans are supposed to hold near and dear.
We are through the looking glass here, people.
Be Well.