Make Mitt Romney’s Tax Plan Work

Check out this excellent tool that lets you try to make Romney’s tax plan work by selecting the cuts and deductions you would need to add up to pay for Romney’s tax cuts. http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/10/31/interactive-make-mitt-romneys-tax-plan-add-up/

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Current economic recovery faster than most post-financial crisis recessions

Critics of President Obama claim that the current economic recovery is far slower than other post-recession recoveries and blame Obama’s policies for what they say could be more rapid growth.  Putting aside for a moment the fact that much of Obama’s policies are laying in a heap of blocked policies in the Republican House and record number of filibusters by Republicans in the Senate, the fact is that post-financial crisis recessions are very different than normal economic recessions, and the current economic recovery is outperforming historic recoveries after recessions caused by financial crises. In a January 2008 article written 1 … Continue reading this post

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Romney’s “Apology Tour” lie debunked for years by fact checkers

In the third and final Presidential debate, Romney repeated a lie that has been debunked repeatedly for years by a range of media sources.  Romney repeated the lie in the 2nd Presidential debate and was called on it.  He repeated the lie during the GOP convention and was called on it.  See below for a sampling of the many, many times this lie has been debunked, dating back to the early days of Obama’s Presidency, some in direct response to Romney’s own lying months before the final debate: Oct 23, 2012 – CNN debunks apology tour lie Oct 23, 2012 – … Continue reading this post

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Bad Arithmetic: Top Romney Economist Admits Jobs Plan Number Don’t Compute

Bad Arithmetic: Top Romney Economist Admits Jobs Plan Number Don’t Compute (this article was originally posted at www.creators.com at the above link) When innocent citizens asked about unemployment last night at the town hall presidential debate on Long Island, would Mitt Romney again tout his plan to create 12 million jobs? Unable to Etch-a-Sketch away that often repeated claim — one that he has hired several conservative economists to endorse — the Republican candidate had little choice. It’s up on his campaign website, it’s there in his own well-advertised words, and it is the central appeal of his candidacy for … Continue reading this post

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Obama has reduced the deficit. Period.

We often hear (and will continue to hear) an incorrect assertion that President Obama has increased the deficit.  Mitt Romney’s own campaign website states, “Since President Obama assumed office three years ago, federal spending has accelerated at a pace without precedent in recent history.” This is a lie and based largely on counting Bush spending as Obama spending.  It has been fact checked thoroughly, but Romney and other Republican critics of Obama continue to use repeat this lie including in the first Presidential debate.  In fact, the deficit is lower in 2012 than it was when Obama took office, and once … Continue reading this post

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Obama’s Attempts at Bipartisanship: a Chronological Review

(Author’s note: This is the first in a two part series using a chronological review of media reports.  The second article will detail Republican obstructionism of most of the Obama agenda, particularly his jobs bills, a fact that refutes the criticism that Obama’s agenda – the same agenda that Republicans have blocked – has failed) We have heard the “Obama as radical partisan” canard from Republican critics since the first day of Obama’s first term, and the fog of history and rhetoric makes it difficult to objectively assess Obama’s record on bipartisanship.  Republican dogma says that Obama was the uber-partisan, … Continue reading this post

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Fossil Fuels & Nuclear Lion’s Share of DOE R&D Subsidies

Opponents of renewable energy (it’s hard to believe they exist) claim that renewables cannot compete economically with oil, gas, and nuclear power.  I have discussed the fallacy in this argument from an economic theory point of view here, but it is also important to point out that the subsidies for renewables are a tiny fraction of those for coal, oil, and gas.  Many reports on this topic focus on the comparison of overall subsidies to fossils and nuclear vs. oil & gas, but in the context of all the criticism that the Department of Energy (DOE) has gotten after one … Continue reading this post

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Romney’s “Snake Oil Medicine” Debate Performance

The first Presidential debate was remarkable not only for President Obama’s lackluster and almost detached performance, but also for the impressively dishonest performance by Mitt Romney.  Below I summarize lies told by Romney, mostly based on analysis from a number of fact checking sites.  I was expecting a long list but am surprised to see how long the below list was and just how thoroughly and completely Romney, while giving an impressive performance, lied his way to winning the first Presidential debate: “I don’t have a $5 trillion tax cut.” Independent economists at the Tax Policy Center have shown that the price tag for … Continue reading this post

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