Archive for category Mitt Romney
Michael Grunwald: GOP’s Up-is-Downism Puts News Reporters in an Awkward Position
Posted by Richard Warnick in 4th Estate (Media), Health Care, Mitt Romney, National Politics, Paul Ryan, Republicans on December 1, 2012
Great post by Time’s Michael Grunwald (the whole thing is worth reading):
It’s really amazing to see political reporters dutifully passing along Republican complaints that President Obama’s opening offer in the fiscal cliff talks is just a recycled version of his old plan, when those same reporters spent the last year dutifully passing along Republican complaints that Obama had no plan. It’s even more amazing to see them pass along Republican outrage that Obama isn’t cutting Medicare enough, in the same matter-of-fact tone they used during the campaign to pass along Republican outrage that Obama was cutting Medicare.
This isn’t just cognitive dissonance. It’s irresponsible reporting. Mainstream media outlets don’t want to look partisan, so they ignore the BS hidden in plain sight, the hypocrisy and dishonesty that defines the modern Republican Party. I’m old enough to remember when Republicans insisted that anyone who said they wanted to cut Medicare was a demagogue, because I’m more than three weeks old.
…The next fight is likely to involve the $200 billion worth of stimulus that Obama included in his recycled fiscal cliff plan that somehow didn’t exist before Election Day. I’ve taken a rather keen interest in the topic of stimulus, so I’ll be interested to see how this is covered. Keynesian stimulus used to be uncontroversial in Washington; every 2008 presidential candidate had a stimulus plan, and Mitt Romney’s was the largest. But in early 2009, when Obama began pushing his $787 billion stimulus plan, the GOP began describing stimulus as an assault on free enterprise—even though House Republicans (including Paul Ryan) voted for a $715 billion stimulus alternative that was virtually indistinguishable from Obama’s socialist version. The current Republican position seems to be that the fiscal cliff’s instant austerity would destroy the economy, which is odd after four years of Republican clamoring for austerity, and that the cliff’s military spending cuts in particular would kill jobs, which is even odder after four years of Republican insistence that government spending can’t create jobs.
…Whatever. I realize that the GOP’s up-is-downism puts news reporters in an awkward position. It would seem tendentious to point out Republican hypocrisy on deficits and Medicare and stimulus every time it comes up, because these days it comes up almost every time a Republican leader opens his mouth. But we’re not supposed to be stenographers. As long as the media let an entire political party invent a new reality every day, it will keep on doing it. Every day.
Republicans Reportedly Ready to Accept Mitt Romney’s Tax Plan
Posted by Richard Warnick in 2012 Elections, Federal Budget, Mitt Romney, National Politics, Republicans, Tax Policy, This Blog on November 26, 2012

The news media are excitedly telling us that (some) Republicans are announcing their readiness to keep all the Bush tax cuts in place in exchange for cuts to Social Security, Medicare, and Medicaid. This has been portrayed as “a big concession,” “willingness to compromise,” and “softening their stance.”
Steve Benen points out what it really is: “[O]n the one hand, Republicans would get the tax rates they want. On the other hand, Republicans would also get the entitlement changes they want.”
House Speaker John Boehner said Republicans are interested in a deal that would include higher tax revenue “as a byproduct of a growing economy, energized by a simpler, cleaner, fairer tax code, with fewer loopholes, and lower tax rates for all.”
But this is the same as Willard (“Mitt”) Romney’s plan — cut tax rates, limit deductions and then assume that a surge in economic growth will magically produce higher revenue. A plan firmly rooted in Arthur Laffer’s fantasy land, where tax cuts pay for themselves. And Republicans think they deserve cuts to social safety net programs in exchange for agreeing to the Romney tax plan, which was just rejected by a majority of voters three weeks ago!
UPDATE: Josh Marshall:
The big ‘breakthrough’ of the day is the apparent willingness to put ‘revenue’ on the table in on-going tax, budget, fiscal cliff, whatever-the-new-name-is-today discussion. But only one caveat: they’re now willing to raise revenue, just not raise rates. This is silly.
…We’ve been doing this for a century. When you want to efficiently raise revenues, you raise rates. A major simplification of the structure, rooting out all the miscellaneous loopholes and special interest deductions, is probably also a good idea. But that’s for fairness and efficiency. Not what you do if the federal coffers simply need more money.
…President Obama holds all the cards on the Bush rates. Just let them expire. Once they do, if Republicans really want to take it that far, come back on January 3rd with the new Obama Middle Class Tax Cut bill. The House can pass it or not.







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