General Discussion
In reply to the discussion: The Media's Take If Romney Had Won... [View all]jmowreader
(53,058 posts)The most important being the theory that small gains would have been called "Mitt turning the country around." Mitt's platform was Reaganesque--basically, American-style austerity similar to the Kemp-Roth Tax Cut. Kemp-Roth almost destroyed America. It caused the highest U3 unemployment in the history of the number - 10.8 percent. We were in Reagan's second tern before we erased the disaster Reagan caused in his first eight months. And remember, what fixed the economy for Ronnie wasn't the shit Reagan campaigned on, it was pure and simple Keynesian tax-and-spend governance.(The biggest tax increase in history was the elimination of the non-mortgage interest deduction. Reagan's signature is on it.)
The difference between Reagan's crew and either 43's or the one Romney would have brought is simple: Reagan's people, when faced with the fact the tax cut made things worse, raised taxes to try mitigating the damage.43 didn't do that, and Romney wouldn't have.
Go upthread to my last comment: under Romney the economy would have crashed and Obama would have been blamed.43 blamed HIS fuckups on Clinton; the difference between 43 and Romney is Romney is, in many ways, much worse. At least 43 was able to get reelected governor, and 43 only bankrupted three companies and those he didn't do on purpose.
To the poster who said the media was unkind to Romney, I cry Bullshit! The media could have killed Romney's chances the minute he announced by explaining what Romney did to earn his fortune, and how he went about it. That didn't happen.