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Mitt Romney believes that spending cuts will cause a recession. Will the Tea Party still support him?

Assassin~ Badass Buzz Guru 2012/05/26 12:37:36
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Romney Depression Tea Party






















Republican House Speaker John Boehner and GOP Presidential
nominee Mitt Romney have, in the course of the past week, pushed starkly
different approaches to fiscal policy and economic recovery, a window
into a broader rift within the GOP between the Tea Party and less
absolutist conservatives.



Boehner, carrying the Tea Party line on spending, recently said that
he would insist that the deficit be cut by a dollar for every dollar
increase in the debt limit, or else he would refuse to raise it, helping
drive the country toward default.



"When the time comes, I will again insist on my simple principle of
cuts and reforms greater than the debt limit increase," Boehner said.



"Dealing with our deficit and our debt would help create more economic growth in the United States," Boehner told George Stephanopolous Sunday on ABC's "This Week." "The issue is the debt."



Romney, however, said that pushing drastic spending cuts during shaky
economic times is a prescription for "recession or depression."



Asked by Time's Mark Halperin
Wednesday why he wouldn't push major cuts in his first year, Romney
responded with reasoning that would be largely uncontroversial if not
for the past two years' mainstreaming of an economic philosophy that
insists government spending actually costs jobs, rather than creates
job.



"Well because, if you take a trillion dollars for instance, out of
the first year of the federal budget, that would shrink GDP over 5
percent. That is by definition throwing us into recession or depression.
So I'm not going to do that, of course,"

Read More: http://www.huffingtonpost.com/2012/05/25/romney-sp...

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  • Arel 2012/05/27 17:13:12
    Romney is no conservative.
    Arel
    +1
    The Tea Party should be supporting Ron Paul.
  • Reichstolz 2012/05/27 14:00:31
    Yes they will support him.
    Reichstolz
    You could run a shoe against Obama and anyone with a brain will vote for the shoe.
  • Singerar 2012/05/27 09:31:40
    Boooo
    Singerar
    +2
    Romney believes he'll have his own planet someday.
  • Technotrucker_exposingthetruth 2012/05/27 07:10:25
    Boooo
    Technotrucker_exposingthetruth
    Hell no they won't. Not to mention, neither will the Youth vote, the Conservative vote, the Libertarian vote, the Green Vote, or the Thinking voter. All you have left is the GOP minions and disheartened Democrats. Seems like it should be a very good unpopularity contest between 0bimbo and 0romwad. Either way, the people lose if this what our choices are.
  • Uranos7 2012/05/27 06:21:22
    Yes they will support him.
    Uranos7
    Romney's plan is to increase revenue primarily by closing loophole to the special interest groups, not by raising taxes in an economically hard time and by doing small cuts accross the board so that everyone tightens their belt just a little but not major cuts to any one particular area.
  • beach bum 2012/05/27 05:04:29
    Boooo
    beach bum
    boooo
  • jim 2012/05/27 03:36:26
    Yes they will support him.
    jim
    Of course they will, he's not Black.
  • *K'eim*h3reg' *Peh2u *Meg' 2012/05/27 01:09:30
    Boooo
    *K'eim*h3reg' *Peh2u *Meg'
    +3
    If they tea party votes for Romney, they can kiss what little credibility they have left good bye. He is a wolf in sheep's clothing.
  • Red_Horse 2012/05/27 00:29:17
  • bigfoot 2012/05/26 23:30:40
    Boooo
    bigfoot
    +1
    the bartender said "a Conservative,Tea Bagger,Moderate,Republican,and a Liberal were all in here a minute ago"the Customer responded"Mitt Romney was here?"
  • Rio 2012/05/26 23:14:45
    Boooo
    Rio
    +1
    I didn't wanna BOO it. I wanted to pOO Poo it and
    want to know if we are coming out of the Depression then and into a recession?
    If that is the ideal here???? Recession, Depression.....The economists can;t seem to
    agree what we are actually in. I say we are in the funk. A nice cup o tea aught to solve everything, BAH!
  • Revolution 2012 2012/05/26 22:39:07
    Boooo
    Revolution 2012
    +2
    He doesn't realize that excessive spending is what is killing this country. You have to make sensible cuts in order to save money, create jobs, and therefore, growth. You can't effectively create jobs out of debt, just look at the stimulus and how expensive that failure was. Of all the candidates, none except for Ron Paul proposes any real spending cuts, in fact, Obama and Romney both advocate for large spending increases, especially regarding the military, which is already spread very thin with the constant occupying of other countries and is very expensive to manage. This spending has to stop, it isn't fair the American people when the government overspends YOUR money and you can't do anything about it.
  • Rio Revolut... 2012/05/26 23:17:18
    Rio
    yep, our government has made a big business out of war.
  • JCD aka "biz" 2012/05/26 22:31:32
    Romney doesn't support spending cuts?
    JCD aka "biz"
    Romney has seen the Light!
  • Red_Horse JCD aka... 2012/05/27 00:30:00
  • JCD aka... Red_Horse 2012/05/27 14:13:11
    JCD aka "biz"
    "Spending cuts will cause a recession". Not the standard Right-Wing mantra.
  • Red_Horse JCD aka... 2012/05/27 16:11:34
  • JCD aka... Red_Horse 2012/05/28 11:37:23
    JCD aka "biz"
    +1
    Right.
    The tax load in your country is one of the smallest in developed countries.
  • Red_Horse JCD aka... 2012/05/28 16:04:59
  • JCD aka... Red_Horse 2012/05/28 16:16:28
    JCD aka "biz"
    +1
    It's one of the highest. Income tax (lower than in several other European countries), 20+% VAT, all kinds of taxes and contributions. But college education is almost free, even in medical schools (except in some private business schools), and we have a fairly (not very) good public health insurance system, also "money for the babies" (family allowance), free kindergartens, not enough, though etc.
  • Red_Horse JCD aka... 2012/05/28 16:24:54
  • JCD aka... Red_Horse 2012/05/28 16:27:02
    JCD aka "biz"
    It's a capitalist society, with regulations, and a degree of wealth redistribution. Just like many other European countries.
  • Red_Horse JCD aka... 2012/05/28 16:38:55
  • twocrows Red_Horse 2012/05/28 12:01:07
    twocrows
    +2
    now you're pushing the Republican talking point:
    "The Republicans are fiscally conservative and the Democrats are profligate spenders."
    except - - -
    the claim doesn't hold up to scrutiny. since 1980, the opposite has been true - under Republican congresses [looking at who was president is useless - Congress holds the purse strings] spending went up under Republicans and dropped under Democrats.

    don't take my word for it. it's a matter of public record.

    as to your first sentence, history shows you the facts: Hoover refused to spend and things just kept getting worse - - - right up till he lost [in a landslide] to FDR who began throwing money at the problems and things started to get better. but Congress would never let him spend as much as he wanted to so things just tottered along until WWII came along. THEN Congress agreed to pull out all the stops and things got better fast.

    history tells the truth. we disagree with it at our peril.
  • Red_Horse twocrows 2012/05/28 16:06:15 (edited)
  • twocrows 2012/05/26 22:23:20
    Romney doesn't support spending cuts?
    twocrows
    +3
    what's the date? wait till tomorrow and check his views again.
    romney etchasketch
    romney etchasketch
  • sgp81 2012/05/26 22:11:13
    Romney is no conservative.
    sgp81
    +2
    i guess i doubt that romney would say that. it goes contrary to the gop line of austerity.
    will the tea party support him, the tea party is made up of total idiots that do not believe in government. just wait until the gop goes back to there normal, the tea party will leave in droves. or at least melt away.
  • Assassi... sgp81 2012/05/26 22:58:41
    Assassin~ Badass Buzz Guru
    +1
    He did say it. There is video.
  • sgp81 Assassi... 2012/05/28 16:00:43
    sgp81
    he says many things and then changes his mind every time he is in front of a different
    audience.
  • ☆stillthe12c☆ 2012/05/26 22:01:24
    Romney is no conservative.
    ☆stillthe12c☆
    Romney is not that much of a conservative. There are some programs and subsidies that could and should be cut that could save a lot of money. Yes they are going to be some jobs lost not doubt. It is going to have to be planed out not just done Helter Skelter.
    Judging by what I have seen I do not think there is anyone in government that can do it.

    The first thing is they would have to take a look at the committee's that are in Congress and access the capabilities of the people in each committee. Not by seniority or good old boy but how they are qualified to do the job. They may even need to hire outside help.

    Let say they want to look at improving infrastructure. They need a qualified Engineer in each field to advise them. One on bridges and highways. They can call in the people that is working for the state already to see their critical areas ans assess the each job. Prioritize the jobs by most important.

    Get rid of the depart of education. It is better handled at the state level.

    Stop funding ethanol. If it can not make it on its own then it needs to go. For one thing it is not good for your engine and it reduces your miles per a gallon. It has already been proven that there is one formulation for gasoline that works all around. Nationalize the the require...






    Romney is not that much of a conservative. There are some programs and subsidies that could and should be cut that could save a lot of money. Yes they are going to be some jobs lost not doubt. It is going to have to be planed out not just done Helter Skelter.
    Judging by what I have seen I do not think there is anyone in government that can do it.

    The first thing is they would have to take a look at the committee's that are in Congress and access the capabilities of the people in each committee. Not by seniority or good old boy but how they are qualified to do the job. They may even need to hire outside help.

    Let say they want to look at improving infrastructure. They need a qualified Engineer in each field to advise them. One on bridges and highways. They can call in the people that is working for the state already to see their critical areas ans assess the each job. Prioritize the jobs by most important.

    Get rid of the depart of education. It is better handled at the state level.

    Stop funding ethanol. If it can not make it on its own then it needs to go. For one thing it is not good for your engine and it reduces your miles per a gallon. It has already been proven that there is one formulation for gasoline that works all around. Nationalize the the requirement and take that away from the states and in some cases the cities.

    Give one committee an assignment to start from scratch on manufacturing regulation and us Engineers from that field to go thru them that are qualified in that field. Not lobbyist. I think you get the idea here.

    Another committee to restructure the tax code for individual and another for corporation.
    The one for individuals should be pretty simple. If they do not have property that they are renting out or some home business it could still be a very simple form.

    I could ad a lot more to this but I will stop here. The idea is that cuts can be made but to grow the economy takes planning.
    (more)
  • sgp81 ☆stillt... 2012/05/26 22:18:52
    sgp81
    the dept of education mostly deals out pell grants and other grants to help schools out.
    this money will not come from the states, of which cut education budgets first and always.
    education is at the present time largely a local issue. also who has the money to take on special interest groups that have the money to buy cuts outs in the tax code for themselves.
    our democracy has been hijacked by a corrupt supreme court that has decided that corps are
    people and there is nothing wrong with unlimited money in the system. how do you do battle
    with unlimited money
  • ☆stillt... sgp81 2012/05/27 02:36:05
    ☆stillthe12c☆
    When the government money goes down you will see the cost of going to schools go down. We have university Presidents that make more money than the President of the United States. We have several in California that make more than a half a million a year. Pell grants can give a student up to $5500 per a year. Depending on their needs.

    In fact most grants should go away unless there is something specific the government wish to have done and then it should be done in a university. The Japanese have been making use of our universities for decades for research and development. It is much cheaper than using a company. There are limits to this.

    As far as the Supreme Court I would not say it is corrupt, I may have been the way the bill was written. We are always going to have problems with people like Soros and Koch brothers using money to get their way. I think that I said no lobbyist.
  • rose ☆stillt... 2012/05/28 11:57:09
    rose
    Why is it OK for some CEO's to make 22 million a year but not OK for college CEO's to make millions of dollars?? Sounds lake class warfare to me..
  • ☆stillt... rose 2012/05/28 16:55:42
    ☆stillthe12c☆
    Actually most of the CEO's are not worth the money they are being. Like the CEO that was running GM. I did not have as mush of a problem with how much the University President was being paid as how much he got for retirement.
    At one time when you had a Government job you were paid a little less than the private sector but had great insurance and good retirement. Now they are paid a 130 to 150% more than the private sector and their retire plans are way over board.n They also play games with their overtime the last year they work. It is standard procedure to load them up with overtime the last year they work to increase their retirement. It should be average on their last 10 years.and throw out the last year. This would stop the games. The other thing is they should calculate years of service in the calculation just like they do in the private sector. Also consider the age at retirement. California is going broke because of the retirement benefits they are paying out along with what it is costing to take care of illegals and free loaders. I have no problem with helping a young lady out that has made a mistake, but when the keep up the same thing we should not be asked to increase their benefits. They become baby factories.
  • rose ☆stillt... 2012/05/28 16:59:40
    rose
    So you say screw the babies?? Let the babies die?? The babies did not cause the problem so why persecute the babies?? In fact all the pro life people should be more than happy to support all the welfare babies..
  • ☆stillt... rose 2012/05/28 17:47:56
    ☆stillthe12c☆
    If they know that they are not going to get an increase they are not going to have them unless they are nuts. These women are abusing the system. Bill Clinton did a very good job of reducing welfare along with some states. Under Bush this got out of control again. I under stand that Congress was controlled by the Democrats at the time but he did not have to sign the bills.
    There was a time that the families took care of the mother and the child. I think that is who should be doing it again. In many cases the baby was given-up for adoption.
    I think that the problem would go away. We did not have this problem until the Government step in.
  • sgp81 ☆stillt... 2012/05/28 16:12:09
    sgp81
    to your first part sorry that may be what you are selling but that is not what i am buying.
    there is little to no evidence to the contrary. as to the second part, what planet are you living on. when you give the rich and powerful the ability to give to any candiate of any party, these people are going to want something for this money, that is buying influence. if you have looked at the pacs that is the height of corruption. money from
    very wealthy people flow into theses pacs and go into crazy info adds that as far from the truth as what one can get. yes you are proably correct on one thing calling it a corrupt court is to strong. however one can get like that simply looking at how much money is being raised today.
    i may support the president but i am not happy with who he takes his money from
    nor are others any different. way to much money to expect that these corps will want nothing in return for the investment. a government bought and paid for by the rich and corporations and the church, hell of a mess we are in.
  • ☆stillt... sgp81 2012/05/28 17:34:48
    ☆stillthe12c☆
    I think that you need to do some research. When the Government started giving out money the price of colleges and universities started increasing. A lot of the money was used to put in Olympic size pools and for gyms to workout and jogging paths. This has driven up the prices as well and it has become a contest on how much they can offer a student. Some of these school are really plush now. I did not send my kids to school to look good, but to learn and get a degree.
    I also would like to see the big money go away from all these rich men and corporation. You are correct they do expect something back for the money they spend. This can and in some cases does lead to corruptions. I think the courts messed up when they said that it was Okay for them to lie and not be liable. Blame that one on courts like the ninth court. You can not depend on what it says in the argument even on your ballot do to this.
    I do not care for the President at all. Don't really care that much for Romney either. I am really hope that some really strong third party will put up a good candidate. I really hope that we get rid of every incumbent that is running. The Government is rather dis-functional. In some cases that is good as they are not passing anymore NDAA bills Happy that the Federal Court has said that it is not Constitutional. It would be nice if someone would charge Bush and Obama for abuse of the Patriot ACT.
    What is your problem with the Church?
  • sgp81 ☆stillt... 2012/05/29 05:24:02
    sgp81
    to your first point, i have done done the research and does not show a clear correlation for what you say, opinion, but that is fine, every one has one and should.
    third party in this country is a joke, however the political parties are so busy pandering
    to the extermists in there parties is one problem, the next is simple, we have thrown
    out moderates in favor of more extremists, the government was built on compromise
    not obstruction. the founders believed in compromised not extremists.
    my problem with the church is simple GET THE HELL OUT OF POLITICS
    go back to what it does best. helping people and faith. stay out of government
    the minute they get in to government, problems come flying.
    another let politticians govern. every one has a place, there's is not government.
    the money you raise from your own people use that money to do good, not promote
    there own agenda.
  • ☆stillt... sgp81 2012/05/29 06:35:01 (edited)
    ☆stillthe12c☆
    It is hard to compromise when both parties have moved to the left. Now the Republicans are saying they are conservative. After the way they acted under Bush I do not trust them. My family were all democrats until Johnson. Then after Carter most of them changed parties. The second term of Clinton many of them came back. A few of them even voted for Obama. Not one of them is voting for him this time.
    The church has as much rights as anyone else to be involved in politics. In fact one of the problems was is that they did not stay involved enough for a long time. Now we got someone in there that is trying to force them to do something that is unconstitutional so they have been forced to get more involved.
    When you ask them not to promote their religion you are telling them not to do the work they believe they must do. They believe they have a mandate from God to promote him and his son.
    The Democratic party has been hijacked by progressive. There are even some in the Republican party. I am not to sure about Romney. I am afraid that he is just going to be slightly better than Obama. I was really hoping that Huckabee would run. I know that he is conservative. It is going to take a really strong person to turn this nation around as they are going to have to stand there g...

    It is hard to compromise when both parties have moved to the left. Now the Republicans are saying they are conservative. After the way they acted under Bush I do not trust them. My family were all democrats until Johnson. Then after Carter most of them changed parties. The second term of Clinton many of them came back. A few of them even voted for Obama. Not one of them is voting for him this time.
    The church has as much rights as anyone else to be involved in politics. In fact one of the problems was is that they did not stay involved enough for a long time. Now we got someone in there that is trying to force them to do something that is unconstitutional so they have been forced to get more involved.
    When you ask them not to promote their religion you are telling them not to do the work they believe they must do. They believe they have a mandate from God to promote him and his son.
    The Democratic party has been hijacked by progressive. There are even some in the Republican party. I am not to sure about Romney. I am afraid that he is just going to be slightly better than Obama. I was really hoping that Huckabee would run. I know that he is conservative. It is going to take a really strong person to turn this nation around as they are going to have to stand there ground and we need to get rid as many people in congress as possible. I hope that we can get rid of Pelosi and Feinstein this election. I found myself in unbelief when they voted to send Boxer back to the Senate. That was no worse than Nevada sending Reid back. He has stood in the way of progress for years. He refuses to bring any budget to the floor for a vote. Mitch McConnell is worthless as well. The Republicans need to get another leader I just wrote Boehner a couple of months ago giving him hell. He wrote me back a Thank You note and said he appreciated my criticism. Sounded sincere but I doubt it. I have written Obama as well he did respond by permitting one nuclear plant after telling me he did not thing they were needed. You can not let the EPA shut down 33 generating plants without putting something online first. I hope that the President comes out and tells them no at the last moment. We will have all kinds of outages if they proceed.

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