by David Safier The Star's Tim Steller is definitely the man in Tucson when it comes to the ins and outs of the Operation Fast and Furious investigation, and he'll no doubt write about the just-released report from the Department of Justice Office of the Inspector General in depth. Meanwhile, Media Matters, which has spent … Read more
by David Safier In what I've read and heard analyzing Romney's 47% remarks, there's one point I haven't seen emphasized nearly enough: the actual items Romney says disparagingly some people think they're entitled to: "to health care, to food, to housing." By choosing those categories, Romney demonstrates his complete disdain for people who are "beneath … Read more
Posted by Bob Lord This quote from Dick Durbin pretty much tells you all you need to know about Mitt Romney: "He judged 47 percent of the American people based on their income tax returns," Durbin said. "We should judge Mitt Romney based on his income tax returns — or his refusal to disclose them." … Read more
Posted by AzBlueMeanie:
The pro-Obama Super PAC Priorities USA Action is up with an ad that focuses on the Romney fundraiser video in which he discloses his utter contempt for "47%" of Americans.
Basic message is "Romney can’t be trusted to defend the interests of the middle class."
Video below the fold.
Posted by Bob Lord
This post gets a bit geeky, but hopefully makes a worthwhile point.
In an effort to prop up his his crazy tax proposals without having to explain the details, Mitt now is pointing to "studies" that supposedly support his claim that he won't have to raise taxes on the middle class. You can read the details here:
http://www.huffingtonpost.com/2012/09/14/romney-tax-policy_n_1884527.html
Inferentially, it seems ole Mitt is relying on the age old conservative theory that reducing tax rates actually causes revenue to increase. The idea is that everyone is so deleriously happy with their reduced tax rates that they work harder and longer, such that the increase in the size of the economy more than offsets the reduced rates. It goes back to a concept coined by Arthur Laffer, known as the "Laffer Curve," which was the theoretical underpinning for the 1981 Reagan tax cuts.