printConspicuous by its absence from the Republican wrestling smack-down tonight was mention of Mitt Romney’s neo-Keynesian slip the other day.
Mitt Romney said Tuesday that cutting spending slows growth in the economy — a rhetorical slip more akin to an argument a Democrat might make than a Republican.
Speaking in Shelby Township, MI, the former Massachusetts governor took a question about the Simpson-Bowles fiscal commission empaneled by President Obama to address the nation’s deficit and debt issues. In his response, he said that addressing taxes and spending issues are essential.
“If you just cut, if all you’re thinking about doing is cutting spending, as you cut spending you’ll slow down the economy,” he said in part of his response. “So you have to, at the same time, create pro-growth tax policies.”
What next? An admonition about the government’s need to stimulate demand? (Read more about Romney’s economics here.)
Other than Ron Paul’s undignified venture into the wrestling ring (he called Rick Santorum fake in a new ad), was there anything worth discussing?
The only thing Mitt has going for him is he isn’t Obama. His protests not withstanding, he is no conservative. I don’t begrudge him his wealth. Only his Northeast elitism which he will never shake.
First, I cheered when Ron Paul INSISTED that he had one minute for his response.
As for the new ad, well, it just may be impossible to walk along a muddy dirt road without muddying your shoes as much as want otherwise to happen.
Second, per some articles written over the past months published in http://www.mises.org and available in Archives, Lowering Taxes & Cutting Gov’t Spending is the start of the way out of the mess.
The only certainty I see is that if an Austrian Economics approach is not implemented – and as soon as possible – we’ll all be reporting to Czars!
MORE RON PAUL INSIGHTS – http://www.mises.org
http://mises.org/daily/5926/The-Transition-to-Monetary-Freedom
MORE KEYNESIAN BANKING – WHAT DID MITT SAY LAST NIGHT ABOUT SAVING THE BANKS???
http://mises.org/daily/5890/Bailing-Out-Banks-Is-Inflationary
Taped the debate – then watched it (it put me to sleep) then re-watched it. Same old crap. Nuance pissing between Mitt and Rick on entitlements. I fail to see why the taxpayers of the US should pay for the Olympic Games (or football stadiums either but what do I know??).
Airline bailouts good (Rick) but not bank bailouts (except Mitt) but definitely not auto bailouts (all) but we need more planes/tanks/ships BOMB IRAN… (ugh!).
Rick voted for Leave No Child Behind but NOW he is against the federal government playing a role in education but he is for abstinence education (as if some teen age kid is going to pay attention to some 60 year old on the subject of sex!) and for teaching creationism in school but education should be up to parents …. huh??
I thought you had to have a ticket to ride and he has never bought one to my knowledge.
To fall off the conservative wagon, don’t you first have to be on it? Point understood. [Right you are.]