Oops! Mitt did it again.
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  Oops! Mitt did it again.
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Author Topic: Oops! Mitt did it again.  (Read 598 times)
Landslide Lyndon
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« on: February 21, 2012, 05:21:55 PM »

http://firstread.msnbc.msn.com/_news/2012/02/21/10469786-romney-spending-cuts-slow-economic-growth

Mitt Romney said Tuesday that cutting spending slows growth in the economy -- a rhetorical slip more akin to an argument a Democrat might make than a Republican.
Speaking in Shelby Township, MI, the former Massachusetts governor took a question about the Simpson-Bowles fiscal commission empaneled by President Obama to address the nation's deficit and debt issues. In his response, he said that addressing taxes and spending issues are essential.

"If you just cut, if all you're thinking about doing is cutting spending, as you cut spending you'll slow down the economy," he said in part of his response. "So you have to, at the same time, create pro-growth tax policies."

That sort of comment was sure to raise the eyebrows of fiscal conservatives in the GOP, who have long preached a message of fiscal restraint as a path to economic growth.
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You kip if you want to...
change08
Junior Chimp
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« Reply #1 on: February 21, 2012, 05:26:49 PM »

Mitt telling the truth!? WHAT?
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Angel of Death
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« Reply #2 on: February 21, 2012, 05:32:57 PM »

Must be some sort of bug that caused him to switch to general election mode too early.
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Swing low, sweet chariot. Comin' for to carry me home.
jmfcst
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« Reply #3 on: February 21, 2012, 05:37:31 PM »

how is that a slip - everyone agrees that deficit spending increases economic activity in the short run at the expense of long term growth.  the question is whether or not the way the money is being spent pays dividends or is counter productive.
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Chaddyr23
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« Reply #4 on: February 21, 2012, 05:48:48 PM »

how is that a slip - everyone agrees that deficit spending increases economic activity in the short run at the expense of long term growth.  the question is whether or not the way the money is being spent pays dividends or is counter productive.

All I know is when asked if they'd walk away from a 10:1 deal(1 dollar in tax increases for every ten in cuts)!, every single one of the candidates raised their hands. So it's not something everyone agrees in, especially in the Republican Party.
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Swing low, sweet chariot. Comin' for to carry me home.
jmfcst
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« Reply #5 on: February 21, 2012, 06:09:42 PM »

how is that a slip - everyone agrees that deficit spending increases economic activity in the short run at the expense of long term growth.  the question is whether or not the way the money is being spent pays dividends or is counter productive.

All I know is when asked if they'd walk away from a 10:1 deal(1 dollar in tax increases for every ten in cuts)!, every single one of the candidates raised their hands. So it's not something everyone agrees in, especially in the Republican Party.
I disagreed with that, also.
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