Romney vs Obama
Obama Failed Soda Head Chief Opi
2012/06/19 00:23:56
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14 votes
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61% | |||
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4 votes
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17% | |||
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5 votes
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22% | |||
Romney Pledge: No New Taxes
- Mon, June 18, 2012
- CBS
- Dateline:Ohio
Well, it wasn't quite the pledge that George H.W. Bush made, but Mitt Romney pledged that he wouldn't raise taxes by a single dollar in an interview with CBS' Bob Schieffer.
Read More: http://townhall.com/video/romney-pledge-no-new-taxes
Top Opinion
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Not Sure : Comment if you like
Nationally, the typical middle-income family, which has a median income of $63,366, would see its federal income tax burden increase by $1,540 if the Bush-era tax cuts expire.
Tax Foundation Fiscal Fact, No. 238, "Effect of Expiration of Bush-Era Tax Cuts on Average Middle-Income Family, By State and Congressional District," is available online at http://www.taxfoundation.org/...
Bush 41 proved that you cannot compromise with Democrats.
Even without taking into consideration President Obama’s ineffective measures to improve the economy during his tenure in Office, let’s evaluate his qualifications in the field of economics.
In 1979, Obama enrolled at Occidental College. In 1981, he transferred to Columbia University where he majored in political science with a specialty in international relations. Thereafter, he worked for one year with the Business International Corporation where he interviewed business experts, researched trends in foreign exchange, and followed market developments. Subsequently thereto, he worked in one form or another with community activist organizations. In 1988, he entered Harvard Law School, and graduated in 1991. From there he embarked upon a career as a civil rights attorney, continued with activist organizations, and became a professor at the University of Chicago Law School. As we all know, he ventured into state politics in Illinois, and eventually was elected to the U.S. Senate serving two years, and then became President of the United States. In the worst economy since the Great Depression, Barak Obama began to lead the nation with only one year of hands-on experience in economics.
After graduating from Brigham Young University in 1971, earning a BA in English, he enrolled in a joint Juris Doctor/Master of Business Administration curriculum coordinated between Harvard Law School and Harvard Business School, graduating in 1975 cum laude. Immediately after graduating Harvard, he went to work for Boston Consulting Group as a management consultant, and cultivated the art of advising companies on how to allocate resources, use analytical tools in product management, strategic management and portfolio analysis. From there Romney went to Bain & Company, a management consulting firm in Boston, assisting companies from emerging out of the red and into the black – in 1978, becoming vice president of that firm. In 1984, Romney left Bain & Company to co-found a private equity investment firm – Bain Capital. In 1986, he helped start companies such as Staples, Inc., et al. Under Romney’s leadership, Bain Capital’s average annual rate of return on investments exceeded 100 percent. In 1990, he was asked to return to Bain & Company, which was near financial collapse. Within one year, he had returned the firm to profitability. In 2002, he was asked to ...
After graduating from Brigham Young University in 1971, earning a BA in English, he enrolled in a joint Juris Doctor/Master of Business Administration curriculum coordinated between Harvard Law School and Harvard Business School, graduating in 1975 cum laude. Immediately after graduating Harvard, he went to work for Boston Consulting Group as a management consultant, and cultivated the art of advising companies on how to allocate resources, use analytical tools in product management, strategic management and portfolio analysis. From there Romney went to Bain & Company, a management consulting firm in Boston, assisting companies from emerging out of the red and into the black – in 1978, becoming vice president of that firm. In 1984, Romney left Bain & Company to co-found a private equity investment firm – Bain Capital. In 1986, he helped start companies such as Staples, Inc., et al. Under Romney’s leadership, Bain Capital’s average annual rate of return on investments exceeded 100 percent. In 1990, he was asked to return to Bain & Company, which was near financial collapse. Within one year, he had returned the firm to profitability. In 2002, he was asked to serve as President and CEO of the Salt Lake City Olympic Games Organizing Committee, and assisted in resurrecting the games from financial loss and ruin, to financial success. As we know, from 2003 to 2007, he was the Governor of Massachusetts. He entered office with a $650 million shortfall and a projected $3 billion deficit for the following year. Unexpected revenue of $1 billion from a previous capital gains tax increase and $500 million in federal grants decreased the deficit by approximately $1.2 billion. Combined with this good fortune, by 2006 Romney was able to cut spending, increase fees and do away with corporate tax loopholes, leaving the state with an approximate $650 million surplus.
Oh, I forget to mention... By 2007, as a result of his business achievements, Romney had single-handedly gained a net worth in excess of $200 million.