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At Last Night’s Debate: Romney Told 27 Myths In 38 Minutes

 
Anonymous Coward
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10/04/2012 10:30 AM
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At Last Night’s Debate: Romney Told 27 Myths In 38 Minutes
[link to thinkprogress.org]

Pundits from both sides of the aisle have lauded Mitt Romney’s strong debate performance, praising his preparedness and ability to challenge President Obama’s policies and accomplishments. But Romney only accomplished this goal by repeatedly misleading viewers. He spoke for 38 minutes of the 90 minute debate and told at least 27 myths:

1) “[G]et us energy independent, North American energy independent. That creates about 4 million jobs”. Romney’s plan for “energy independence” actually relies heavily on a study that assumes the U.S. continues with fuel efficiency standards set by the Obama administration. For instance, he uses Citigroup research based off the assumption that “‘the United States will continue with strict fuel economy standards that will lower its oil demand.” Since he promises to undo the Obama administration’s new fuel efficiency standards, he would cut oil consumption savings of 2 million barrels per day by 2025.

2) “I don’t have a $5 trillion tax cut. I don’t have a tax cut of a scale that you’re talking about.” A Tax Policy Center analysis of Romney’s proposal for a 20 percent across-the-board tax cut in all federal income tax rates, eliminating the Alternative Minimum Tax, eliminating the estate tax and other tax reductions, would reduce federal revenue $480 billion in 2015. This amount to $5 trillion over the decade.

3) “My view is that we ought to provide tax relief to people in the middle class. But I’m not going to reduce the share of taxes paid by high-income people.” If Romney hopes to provide tax relief to the middle class, then his $5 trillion tax cut would add to the deficit. There are not enough deductions in the tax corde that primarily benefit rich people to make his math work.

4) “My — my number-one principal is, there will be no tax cut that adds to the deficit. I want to underline that: no tax cut that adds to the deficit.” As the Tax Policy Center concluded, Romney’s plan can’t both exempt middle class families from tax cuts and remain revenue neutral. “He’s promised all these things and he can’t do them all. In order for him to cover the cost of his tax cut without adding to the deficit, he’d have to find a way to raise taxes on middle income people or people making less than $200,000 a year,” the Center found.

5) “I will not under any circumstances raise taxes on middle-income families. I will lower taxes on middle-income families. Now, you cite a study. There are six other studies that looked at the study you describe and say it’s completely wrong.” The studies Romney cites actually further prove that Romney would, in fact, have to raise taxes on the middle class if he were to keep his promise not to lose revenue with his tax rate reduction.
Anonymous Coward
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10/04/2012 10:32 AM
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Re: At Last Night’s Debate: Romney Told 27 Myths In 38 Minutes
Too bad most politicians lie. They have to do that to maintain the illusion.

That's the way their banker bosses want it.
Anonymous Coward
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10/04/2012 12:57 PM
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Re: At Last Night’s Debate: Romney Told 27 Myths In 38 Minutes
[link to thinkprogress.org]

Pundits from both sides of the aisle have lauded Mitt Romney’s strong debate performance, praising his preparedness and ability to challenge President Obama’s policies and accomplishments. But Romney only accomplished this goal by repeatedly misleading viewers. He spoke for 38 minutes of the 90 minute debate and told at least 27 myths:

1) “[G]et us energy independent, North American energy independent. That creates about 4 million jobs”. Romney’s plan for “energy independence” actually relies heavily on a study that assumes the U.S. continues with fuel efficiency standards set by the Obama administration. For instance, he uses Citigroup research based off the assumption that “‘the United States will continue with strict fuel economy standards that will lower its oil demand.” Since he promises to undo the Obama administration’s new fuel efficiency standards, he would cut oil consumption savings of 2 million barrels per day by 2025.

2) “I don’t have a $5 trillion tax cut. I don’t have a tax cut of a scale that you’re talking about.” A Tax Policy Center analysis of Romney’s proposal for a 20 percent across-the-board tax cut in all federal income tax rates, eliminating the Alternative Minimum Tax, eliminating the estate tax and other tax reductions, would reduce federal revenue $480 billion in 2015. This amount to $5 trillion over the decade.

3) “My view is that we ought to provide tax relief to people in the middle class. But I’m not going to reduce the share of taxes paid by high-income people.” If Romney hopes to provide tax relief to the middle class, then his $5 trillion tax cut would add to the deficit. There are not enough deductions in the tax corde that primarily benefit rich people to make his math work.

4) “My — my number-one principal is, there will be no tax cut that adds to the deficit. I want to underline that: no tax cut that adds to the deficit.” As the Tax Policy Center concluded, Romney’s plan can’t both exempt middle class families from tax cuts and remain revenue neutral. “He’s promised all these things and he can’t do them all. In order for him to cover the cost of his tax cut without adding to the deficit, he’d have to find a way to raise taxes on middle income people or people making less than $200,000 a year,” the Center found.

5) “I will not under any circumstances raise taxes on middle-income families. I will lower taxes on middle-income families. Now, you cite a study. There are six other studies that looked at the study you describe and say it’s completely wrong.” The studies Romney cites actually further prove that Romney would, in fact, have to raise taxes on the middle class if he were to keep his promise not to lose revenue with his tax rate reduction.
 Quoting: Anonymous Coward 16993507

Could you list the 27 myths with evidence before making this accusation??? I always believe show proof before running your mouth? I believe it is in the 10 Commandments, THOU SHALT NOT BEAR FALSE WITNESS. So, show us some proof?????

bump
Anonymous Coward
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10/04/2012 01:08 PM
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Re: At Last Night’s Debate: Romney Told 27 Myths In 38 Minutes
[link to www.rollingstone.com]
Anonymous Coward
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10/04/2012 01:13 PM
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Re: At Last Night’s Debate: Romney Told 27 Myths In 38 Minutes
Anonymous Coward
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10/04/2012 01:18 PM
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Re: At Last Night’s Debate: Romney Told 27 Myths In 38 Minutes
It's sad we get the choice between a man that might have good intentions but doesn't know how to run the economy vs a man with bad intentions who knows exactly how the economy works.

For the life of me I don't know which is worse.
Anonymous Coward
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10/04/2012 05:52 PM
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Re: At Last Night’s Debate: Romney Told 27 Myths In 38 Minutes
It's sad we get the choice between a man that might have good intentions but doesn't know how to run the economy vs a man with bad intentions who knows exactly how the economy works.

For the life of me I don't know which is worse.
 Quoting: Anonymous Coward 24955024


Well, the former can learn, while the latter will fuck you in every orifice you have before you can figure out how the hell he got your clothes off.
Anonymous Coward
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10/04/2012 06:07 PM
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Re: At Last Night’s Debate: Romney Told 27 Myths In 38 Minutes
Myths? As in mythmaking bag of posies? How about lying sack of shit!


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