Romney agrees: Tax code too easy on those in his bracket
If actions speak louder than words, then Mitt Romney agrees with Barack Obama that the federal tax code requires too little of rich people like himself.
I don’t know how else to interpret the fact that Romney artificially increased his own taxes in 2011 by taking fewer charitable deductions than he could have. By doing so, Romney’s effective tax rate in 2011 jumped to 14.1 percent, still lower than the rate paid by millions of his fellow Americans.
Absent that step, ABC News reports, “his effective tax rate could have been as low as 10.4 percent.”
And would Romney have taken that step if he wasn’t running for president? Highly unlikely. As the candidate himself told us back in July:
“I don’t pay more than are legally due and frankly if I had paid more than are legally due I don’t think I’d be qualified to become president. I’d think people would want me to follow the law and pay only what the tax code requires.”
So to review:
Romney paid 14.1 percent of his income in taxes, a figure that could have and would have been as low as 10.4 percent if he wasn’t running for office. In contrast, the average effective tax rate paid by his wealthy father back in the ’60s was 37 percent.
Yet Romney continues to insist that wealthier Americans today can’t be asked to shoulder more of the financial burden, even as changes in the global economy continue to concentrate more and more wealth in their hands.
– Jay Bookman
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726 comments Add your comment
Doggone/GA
September 24th, 2012
10:17 am
“But, taxes on dividends is double taxation”
Sorry, but “double taxation” only applies to one entity. The company is taxed on profits and then the person who gets them is taxed on income. That’s 2 entities.
The money I get as pay is taxed twice too. When someone purchases something from my company they pay sales tax. And then when I am paid, *I* pay income tax. No different.
stands for decibels
September 24th, 2012
10:17 am
2008 was a truly f**ked up year, and we are better off now than what was going on this time 4 years ago.
I really wish Obama had kept that line in his acceptance speech.
Keep Up the Good Fight!
September 24th, 2012
10:19 am
The purported distinction between “capital” and “labor” is a false one that is especially highlighted by the claims that a corporation is a “person” separate from its shareholders.
Jm
September 24th, 2012
10:19 am
“Yet Romney continues to insist that wealthier Americans today can’t be asked to shoulder more of the financial burden”
Jay, in the spirit of blogdom, stop putting words in Romney’s mouth.
He hasn’t said that.
And even if he has, he’s probably also said the opposite
Peter
September 24th, 2012
10:20 am
Jm……… give us a positive Romney spin then ?
Stevie Ray..Clowns to the left and Jokers to the right..here I am...
September 24th, 2012
10:20 am
BRO,
Try telling that to the average middle class (whatever that means) family that is paying $4 for gas, $5 for peanut butter, higher insurance costs, higher energy costs and the like…not to mention those now unemployed…On an individual bases…not true…BO campaign then turned the argument from micro to macro claims….smoke and mirrors.
USinUK - thug with a uterus ... and former Girl Scout
September 24th, 2012
10:21 am
“give us a positive Romney spin then ?”
I’m POSITIVE that he can turn this economy around … and put us solidly back into a recession
straitroad
September 24th, 2012
10:22 am
I don’t recall seeing much liberal angst over John Kerry’s wealth back in 2004. The difference here is that Romney built his wealth while Kerry married his. Jay, I would need to see what reductions were available in the 60’s to reduce that rate.
clem
September 24th, 2012
10:22 am
amazing that american productivity has risen in large part to the efforts of the average worker. yes there is technology gains too. yet middle class wages stagnate, but the guys at the top get the raises and bonuses. yet they don’t see a problem with the system.
how is good policy to allow tax breaks for folks investing in foreign jobs or swiss bank accounts?
Peter
September 24th, 2012
10:22 am
Try telling that to the average middle class (whatever that means) family that is paying $4 for gas.
Wasn’t the Iraq War all about preserving low gas prices.isn’t that what the typical American paid his taxes for, while the GOP spent trillions to preserve that ?
Or was it about the bilking of the US Treasury ?
Peter
September 24th, 2012
10:24 am
The difference here is that Romney built his wealth while Kerry married his.
Yes Kerry married the Ketchup girl.something most American’s use……. Romney “made His” outsourcing American jobs…….something American’s cannot use at all.
Wowonishia
September 24th, 2012
10:25 am
President-to-be Romney paid $1.95 million in 2011 federal income tax. Regardless of what resentful lefties want to think it’s the Romneys of the world who fund the government freebies and “programs” for the 47 percent who pay -0-.
Stevie Ray..Clowns to the left and Jokers to the right..here I am...
September 24th, 2012
10:25 am
STANDS,
Macro the argument holds some water..too bad it’s on the micro level that they began argument and deftly changed it to a global commentary that means ZERO to middle class that is experiencing 15% true unemployment, $4 gas and resulting increase in other energy costs..heck yesterday I paid .69 cents for a cucumber…
Obama clearly can’t control some of the above, despite promises to the contrary, but I submit suggestion those are better off is ridiculous..
Did he forget about a 16 trillion debt and the security issues that result? The ME is in flames, not end in sight to annual spending deficits as much as 1/3rd of annual revenue…
Consider all angles of issue..
Mick
September 24th, 2012
10:26 am
The point is not that romney’s taxes aren’t correct according to the law, but rather why is it that republicans believe that people of his ilk need more tax cuts? The great tax cut experiment has left us both broke and confused, there is no truth to any of their propaganda, yet you get these lowly rubes who follow the pied piper of tax cuts – incredible…
Jm
September 24th, 2012
10:26 am
“The money I get as pay is taxed twice too. When someone purchases something from my company they pay sales tax. And then when I am paid, *I* pay income tax. No different.”
Wrong, given tax rules related to c corps v s corps and LLC and LPs
getalife
September 24th, 2012
10:26 am
Great job on making a tiny per cent of Americans richer cons.
Way to go.
Too bad you screwed yourself and making less money.
USinUK - thug with a uterus ... and former Girl Scout
September 24th, 2012
10:27 am
“The difference here is that Romney built his wealth while Kerry married his.”
riiiiiiiiiiiiiiiiiiiiight … his daddy brung him up in a log cabin with outside plumbin …
HOW he afforded private schools when he was a child is a mystery!!!
Finn McCool (The System isn't Broken; It's Fixed)
September 24th, 2012
10:28 am
Weekly Standard columnist Bill Kristol wound up praising the Obama Administration on the economy.
“They need to focus on the next four years,” he said of Romney’s campaign. “If this election is just about the last four years, that’s a muddy verdict. Bush was president during the financial meltdown. The Obama team has turned that around pretty well. Bill Clinton’s speech at the convention was very important in that way.”
salon.com
The Thin Guy
September 24th, 2012
10:28 am
I’m not worried about Romney’s tax return. I’m worried about mine. The continued deterioration of the economy under the abysmal incompetence of The Indonesian Imbecile and The Delaware Dummy frightens those of us who work for a living. The message that needs to be sent to the tyrannical twits in the White House is: No. 2 or get off the pot. Whatever the solutions are to the problems that face America they will begin when ØDumbø and Plugs are gone.
Brosephus™
September 24th, 2012
10:28 am
EC: but are you better off then your were 5 years ago?
Considering that I had just left TSA 5 years ago, yep. Add that my daughter wasn’t conceived, yep. My retirement fund is about 10-12 times more than it was 5 years ago, yep. The only thing that might be a negative for me is that I have more gray hair in my beard now, but I like that too, so I don’t see it as a negative.
—————-
Stevie Ray
They’re all making political moves. That’s what campaigning is all about.
The purely political move by BO to blame all the ills on the 1% is purely a political play as well..the increase resulting is only 2% of revenues
When you have a party that’s dead set on 0% revenue increases, I think it’s a great deal to get them to co-sign a 2% increase, but that’s just me. Sure, it’s just a drop in the bucket as far as numbers go. When you look at it from an ideological standpoint though, there is far greater meaning to that meager 2% than even you appear to realize.
You’re so intent on painting everything negative that you fail to see the broader perspective on most things. That makes you appear to be a sheep in desperate need of a shepherd.
Just sayin’
Mighty Righty
September 24th, 2012
10:29 am
So Obama admits on CBS 60 minutes that his campaign has been lying about Romney and CBS edits that small part of the interview out of the broadcast. No surprise. You can bet the liberal Obama controlled media will not bring that subject up. I am amused by Democrats who claim to desire an increase in their own taxes but ignore the fact that they can contibute more by either reducing their write offs or by simple donation. Instead, top Democrats like Rangel or Geitner don’t even pay what they do owe. I would wager odds are that millionaires like Harry Reid, Joe Biden and Nancy Pelosi even Obama himself take every single exemption they can including a few to which they are questionably entitled.
Butch Cassidy (I)
September 24th, 2012
10:29 am
kayaker 71 – “Romney used the same tax code that all the rest of use. He played by the same rules that any other person filing a return. If you don’t like what he paid, blame the people in Congress that pass tax laws.”
Agreed, but how come when people making less than $30,000 a year, the elderly, students and soldiers do the same thing, Romney refers to them as “victims” and “entitled”?
getalife
September 24th, 2012
10:30 am
Never mind the income gap is growing, they lost 9 million jobs and control more wealth.
Now you want them to sacrifice nothing om our debt.
You cons are amazing but they spent millions brainwashing you.
At what point will you cons stop slobbering all over the rich.
When they control all the wealth?
Peter
September 24th, 2012
10:31 am
“I think it’s the right way to encourage economic growth – to get people to invest, to start businesses, to put people to work,” the former Massachusetts governor said.
Well what would Romney be doing with his “Fair Tax rate” had he not be running for President ?
would he be using that extra welfare he gets from the government to create jobs ? Really…….. he would take his personal money and create jobs ?
HA HA HA.the biggest GOP lie of them all !
Stevie Ray..Clowns to the left and Jokers to the right..here I am...
September 24th, 2012
10:31 am
PETER,
Those gas prices from ill fated Iraq war rebounded nicely…compare that to current cost and, more importantly, a non existent energy policy…he only focuses on “clean” energy which is like focusing on the 2% savings from increasing taxes on 1%….
The cost of any of those technologies is at least 4-6 times cost of oil…I think we should have some investment in clean energy but the focus is terribly out of whack with the big picture..
BO seems to major in the minors…small ball..
Peter
September 24th, 2012
10:32 am
At what point will you cons stop slobbering all over the rich.
When they control all the wealth?
ESPECIALLY the poor white GOP 47% down here in the south.
Erwin's cat
September 24th, 2012
10:32 am
Yeah Bro…..but what about 6 yrs ago?
Brosephus™
September 24th, 2012
10:32 am
Try telling that to the average middle class (whatever that means) family that is paying $4 for gas, $5 for peanut butter, higher insurance costs, higher energy costs and the like…not to mention those now unemployed…On an individual bases…not true…BO campaign then turned the argument from micro to macro claims….smoke and mirrors
Stevie Ray
What am I?? Dog Sh*t?? Four years ago, both my wife and I were full time employed with everything paid and money to spare for meaningless bullsh*t. Now, we’re parents with one working part time while also paying out of pocket for school for the wife and child. We can’t seem to take advantage of the mortgage reduction plans that everybody else gets, so we’re still paying a much higher interest rate than our neighbors who have been able to refinance while we’re supporting these refinances with our tax dollars.
Don’t feed me no middle class bullsh*t dude, because I live it every day I open my eyes. I don’t need somebody to tell me how I’m struggling because I see, feel, hear, and taste it every damn day.
stands for decibels
September 24th, 2012
10:33 am
Agreed, but how come when people making less than $30,000 a year, the elderly, students and soldiers do the same thing, Romney refers to them as “victims” and “entitled”?
because contrary to popular opinion, being extremely wealthy |= being very bright.
Doggone/GA
September 24th, 2012
10:34 am
“Wrong, given tax rules related to c corps v s corps and LLC and LPs”
Taxes are taxes
Peter
September 24th, 2012
10:34 am
Stevie Ray..Clowns to the left and Jokers to the right..here I am…
American’s spent trillions to help Iraq for the Bilking the Bush administration did with the cost plus contracts because deficits didn’t matter if you can remember.
What has typical American’s gotten in a payback ?
Brosephus™
September 24th, 2012
10:35 am
EC
DAMMIT!!!!! I just lost a good mouthful of coffee thanks to you.
I gotta run for a minute. My middle classed ass has a sick daughter that needs to get to the doctor’s office. I may hit y’all from the android if time permits. Seems like Stevie Ray and I have some serious discussion we need to complete today.
Towncrier
September 24th, 2012
10:35 am
“But really, this conversation about Mitt’s taxes is a red herring. If we want to discuss raising the capital gains tax, that is a fair conversation to have. Beyond that, it is just personally attacking Mitt for not paying more than he is required to. It is a completely irrelevant conversation to have. The only relevance is to stir up resentment against Mitt because he is in the 1%. His personal tax rate has no bearing on anything relevant to you, me, or this country.”
No…say it isn’t so. You mean Jay has no desire to cite a poll analysis from like this one Politico today:
http://www.politico.com/news/stories/0912/81584.html ?
I guess it doesn’t fit in with his partisan “narrative”.
stands for decibels
September 24th, 2012
10:36 am
Did he forget about a 16 trillion debt and the security issues that result? The ME is in flames
yeah, it’s *ever* so much worse than it was at this point in Chimpy McWarhardon’s first term, when we were being showered with flowers and chocolates by a nation grateful for our Freedom Bombs.
stands for decibels
September 24th, 2012
10:37 am
What am I?? Dog Sh*t??
and that’s what his FRIENDS call him!
USinUK - thug with a uterus ... and former Girl Scout
September 24th, 2012
10:37 am
The one really good thing that’s come out of Romney’s jumping head-first into the pile of poo is this: at least we’ll STOP seeing the numpties in this here blog referring to the “half of Americans who don’t pay taxes”
TaxPayer
September 24th, 2012
10:37 am
It seems like only yesterday that the Republicans were moaning about the horrors of the 35% marginal tax rate. Now… oh the pain of 14.1%. How are the job creators to be expected to create jobs. Oh, the pain.
kayaker 71
September 24th, 2012
10:37 am
Butch, 10:29,
Yeah, the terms victim and entitled should be reserved for those in the 47% who suck off of the govt teat while sitting on their front porch enjoying their first beer of the day while I am driving to work. The soldiers and the elderly should be left out of the mix.
Stevie Ray..Clowns to the left and Jokers to the right..here I am...
September 24th, 2012
10:38 am
BRO,
I don’t disagree with your comments..excepting the one about me being an outcased, rare black sheep…good thing is that most great ideas began as aburd…
Washington is the problem as we have discussed is spending, revenue and our subordinated place in the hierarchy of elected officials interest…
Cut spending 10% across the board plus 20% DoD, get additional revenue by any means possible…
I’m not a teaparty goofball, but I think we should all be concerned about our tax dollars being wasted by government…and they want more that will only perpetuate deficits by being mere fodder levered to borrow more..
Best outcome may be if Romney wins and DEMS win back control of congress…I think Romney is capable of governing more moderately but can’t say so now….
USinUK - thug with a uterus ... and former Girl Scout
September 24th, 2012
10:39 am
“yeah, it’s *ever* so much worse than it was at this point in Chimpy McWarhardon’s first term, when we were being showered with flowers and chocolates by a nation grateful for our Freedom Bombs.”
SAAAAAAAAAAAAAAAAAAAAA-LUTE!!!
USinUK - thug with a uterus ... and former Girl Scout
September 24th, 2012
10:40 am
“Yeah, the terms victim and entitled should be reserved for those in the 47% who suck off of the govt teat while sitting on their front porch enjoying their first beer of the day while I am driving to work”
aw, damn.
I spoke too soon.
King Selassie
September 24th, 2012
10:40 am
After 8 years of Bush and 8 years of Clinton, I can’t believe America is still having the tax debate. I forgot facts don’t mean anything to Republicans. Republicans talk a good game but it’s full time America look at the facts and see that Democrats are the real fiscal conservatives.
Jack
September 24th, 2012
10:40 am
The 15% top tax rate on cap gains and qualified dividends was available to all tax payers. The rate helps everyone who trys to save and invest their earnings rather than spend the money and then whine about rich folks. The IRS will contact you if you pay less tax than you owe and they’ll contact you if pay more than you owe. Ask Gaithner about the underpayment problem..
Doggone/GA
September 24th, 2012
10:41 am
“Romney refers to them as “victims” and “entitled”?”
He said worse than that. He said THEY think of themselves as “victims” and “entitled”
Towncrier
September 24th, 2012
10:41 am
Liberalism at work:
http://www.nypost.com/p/news/local/city_schools_plan_UoW7ke5l2KRwg43nHzt97H
Joe Hussein Mama
September 24th, 2012
10:42 am
K71 — “Yeah, the terms victim and entitled should be reserved for those in the 47% who suck off of the govt teat while sitting on their front porch enjoying their first beer of the day while I am driving to work.”
I like how you can say this and also tell us that we’re ‘envious’ or ‘jealous’ of Romney’s wealth.
I suspect you got an F in Irony back in high school.
RB from Gwinnett
September 24th, 2012
10:42 am
Jay, “still lower than the rate paid by millions of his fellow Americans”
Let’s see if you’re even capable of being honest with people, Jay. What percent of people have an effective tax higher than 14.1%? And how many people will pay more than $3.2MM?
Stevie Ray..Clowns to the left and Jokers to the right..here I am...
September 24th, 2012
10:42 am
Peter,
ZERO….a complete waste of our money re to return on investment in IRAQ..likely Afghanistan as well..
STANDS,
So you are confirming that a 5 trillion increase in debt in 3 years is better than what happened before in 8? Irrelevant really but you are also suggesting BO’s promise to cut the debt/increase in debt was anything other than political?
Stevie Ray..Clowns to the left and Jokers to the right..here I am...
September 24th, 2012
10:44 am
DOGGONE,
I no longer refer to entitlements (rich or otherwise) as entitlements..I now refer to them as enablers which reduce expectations for lower and lower middle classes while increasing expectations of upper middle class and beyond…everyone gets screwed in some fashion by our approach to enablers..
Drudge
September 24th, 2012
10:45 am
Did Obama mention that during his event in Milwaukee? The one in the venue that held 5000 people but somehow had 18,000 people according to the Obama campaign and your pals in the mainstream media? Amazing how Obama can alter the laws of space and time.
Peter
September 24th, 2012
10:45 am
Stevie Ray..Clowns to the left and Jokers to the right..here I am…
well if we got Zero back from the GOP War..the it makes sense to vote for a party who will at least spend at home, and help American’s and not create another WAR in the Guise that “Deficits don’t matter “.
The GOP had bilked American’s for too long now with the War machine, and sending money out of America, and the jobs out of America.
Steve Shamrock
September 24th, 2012
10:45 am
Mitt Romney pays more than required for his taxes and Obama hires a tax cheat for Secretary of the Treasury.
” There’s yer sign”.
TaxPayer
September 24th, 2012
10:45 am
Republicans like to spend but they don’t want to pay for their debt.
kayaker 71
September 24th, 2012
10:45 am
The 60 Minutes interviews of the two candidates was very informative. Scott Pelly delivering hard ball questions at every turn and Romney answering them all with apparent honesty and forethought. Steve Kroft threw Bozo a few provocative questions but much of it was softball fluff. The interesting part was the responses of both candidates. Bozo’s answers seemed empty and without substance while Romney gave solid answers to difficult issues. No wonder the Muslim world wants Bozo to have a second term.
Kamchak ~ Thug from the Steppes
September 24th, 2012
10:48 am
1. You are better off than you were four years ago.
Yep.
2-10, not applicable.
Brosephus™
September 24th, 2012
10:48 am
Best outcome may be if Romney wins and DEMS win back control of congress…I think Romney is capable of governing more moderately but can’t say so now….
Not gonna happen. I don’t think the Dems have a chance to regain the House for at least 2 more elections. You forget the redrawing of districts in 2010. Most states saw GOP takeover, and by proxy more friendly GOP house districts were created. Democrats will have a time trying to overcome those obstacles in such a polarized climate. I’m not saying it’s impossible to overcome, but they will need a lot of help in doing that.
I’m not calling you a tea party member or anything, but I have to question your thinking when you don’t see Obama getting the GOP to agree to ANY revenue increase as something significant in and of itself. The fact that Grover’s boys won’t sign off on a .00001% increase should be telling of itself in who’s really serious about getting control of our debt/deficit problem.
Peter
September 24th, 2012
10:50 am
TaxPayer…..Republicans like to spend but they don’t want to pay for their debt.
Yes. they say deficits don’t matter……….thus the mess we are in.
stands for decibels
September 24th, 2012
10:51 am
So you are confirming that a 5 trillion increase in debt in 3 years is better than what happened before in 8?
I’m on record as not giving a good crap about anything Obama, or any President, might have done since the onset of the Great Recession about those trillions that seem to keep you up nights.
People will lend us money for next to nothing. Many Americans are out of work. It is criminal not to leverage that resource to put people to work, first and foremost.
(I’ve said this about a thousand times, here, in these blogs, so don’t act shocked if you haven’t bothered to notice.)
USinUK - thug with a uterus ... and former Girl Scout
September 24th, 2012
10:51 am
1. You are better off than you were four years ago.
Yep.
me, too.
as are my brother, both nephews, my niece, dad and most of my friends except for 1 (but, in all fairness, she’s started a successful consulting business, but she would prefer to be employed full-time, so I guess it’s all in how you look at it)
MANGLER
September 24th, 2012
10:51 am
Romney himself said if he paid more than was required, he shouldn’t be running for President.
Well, he paid more than was required. HELLO!!!
kayaker 71
September 24th, 2012
10:52 am
Outta’ here. Too pretty a day to waste it arguing with a bunch of liberals. The lake beckons.
stands for decibels
September 24th, 2012
10:52 am
I’m not calling you a tea party member or anything
no, he’s a concern troll, which is to say he is much more of a PITA than a garden variety Teaper.
kawasaki kid
September 24th, 2012
10:53 am
C’mon, the only “job creators” around are consumers with disposable income creating demand for consumer goods and services. But consumers are still having a hard time finding a job, trying to keep our upside-down mortgages current and paying down out-of-control credit card debt. Can’t blame all that on the current president. Blame should go to 8 years of Republican policies, or more bluntly, to the many bamboozled folks who voted Republican the past 12 years.
Kamchak ~ Thug from the Steppes
September 24th, 2012
10:54 am
Well, he paid more than was required. HELLO!!!
Well, he’s trying to win a popularity contest. HELLO!!!
Joe Hussein Mama
September 24th, 2012
10:55 am
K71 — “The lake beckons.”
Weren’t you just b1tching about people sitting on their porches, drinking beer as you were on your way to work?
Erwin's cat
September 24th, 2012
10:55 am
kaw kid – really? the Republicans are responsible for your out of control credit card debt?…really?
Peter
September 24th, 2012
10:56 am
Stevie Ray..Clowns to the left and Jokers to the right..here I am…
So you are saying basically the American tax payer got ripped off by the Iraq war……and you are worried about the price of “Peanut Butter ” ?
Things that make you go Hmmmmmm ?
USinUK - thug with a uterus ... and former Girl Scout
September 24th, 2012
10:57 am
“kaw kid – really? the Republicans are responsible for your out of control credit card debt?…really?”
I blame Paris Hilton.
Ahem
September 24th, 2012
10:58 am
And now on to some issues that actually speak to the things of interest to middle America and how it helps explain why Jay and the MSM try their tired daily tactic of re-arranging deck chairs.
In our latest POLITICO-George Washington University Battleground Poll with middle-class families, which comprise about 54 percent of the total American electorate and usually split in their vote behavior between Republicans and Democrats, Romney holds a 14-point advantage (55 percent to 41 percent). Middle-class families are more inclined to believe the country is on the wrong track (34 percent right direction, 62 percent wrong track), are more likely to hold an unfavorable view of Obama (48 percent favorable, 51 percent unfavorable), and hold a more favorable view of Romney (51 percent favorable, 44 percent unfavorable) and Paul Ryan (46 percent favorable, 35 percent unfavorable) than the overall electorate. These middle-class families also hold a majority disapproval rating on the job Obama is doing as president (45 percent approve, 54 percent disapprove), and turn even more negative toward Obama on specific areas; the economy 56 percent disapprove; spending 61 percent disapprove; taxes, 53 percent disapprove; Medicare 48 percent disapprove; and even foreign policy 50 percent disapprove.
Read more: http://www.politico.com/news/stories/0912/81584.html#ixzz27On2B2ND
TaxPayer
September 24th, 2012
10:58 am
If sequestration is our only option, so be it.
TaxPayer
September 24th, 2012
11:00 am
the Republicans are responsible for your out of control credit card debt?…really?</i
Of course they are.
Kamchak ~ Thug from the Steppes
September 24th, 2012
11:01 am
POLL: ROMNEY TAKES 14-PT LEAD AMONG MIDDLE CLASS
drudgey spam
USinUK - thug with a uterus ... and former Girl Scout
September 24th, 2012
11:02 am
Romney is losing the argument over the economy
By Greg Sargent
Mitt Romney and Republicans have long assumed Barack Obama simply can’t win reelection, given the state of the economy. Yet Obama is currently winning, anyway. Why? Perhaps the unexpected dynamics driving this race can be summed up in two sentences:
1) More Americans are concluding that for all their disappointment, the economy will improve in an Obama second term; and
2) Romney has failed to persuade people that he would improve the economy any faster than it will improve under Obama.
If this explains why Obama is leading, then the Romney campaign’s big question — “are you better off than you were four years ago?” — simply isn’t the dominant frame voters are adopting to choose the next president. Indeed, there is now a great deal of polling that suggests this to be the case.
http://www.washingtonpost.com/blogs/plum-line/post/romney-is-losing-the-argument-over-the-economy/2012/09/20/08251ad2-033b-11e2-91e7-2962c74e7738_blog.html
Joe Hussein Mama
September 24th, 2012
11:03 am
Ahem, you should probably read more closely. Click the link for the actual poll and you’ll get this:
http://www.politico.com/polls/politico-george-washington-university-battleground-poll.html
You presented only the GOP analysis of that poll.
King Selassie
September 24th, 2012
11:04 am
Mitt and the rest of rest of Wall Street, thinks that they are victims and that they are entitled.
USinUK - thug with a uterus ... and former Girl Scout
September 24th, 2012
11:05 am
SCHA-WING states love them some Obama
http://www.gallup.com/poll/157547/democratic-enthusiasm-swells-swing-states-nationally.aspx
Atlanta 1
September 24th, 2012
11:06 am
If this is ‘new’ news for you….
You have not been listening….
JamVet
September 24th, 2012
11:06 am
1. You are better off than you were four years ago.
Hell yes, and moving in the right direction!
And given what was said exactly four years ago this Wednesday (This sucker could go down. ~GWB), I’d say the rest of the republic is!
0311/8541/5811/1811/1801
September 24th, 2012
11:07 am
“Obama for President” thread #216
Ahem
September 24th, 2012
11:09 am
Obama describes murder of U.S. ambassador to Libya and Mid East violence as ‘bumps in the road’
“bumps in the road” ?!?! Was Oblunda serious? Maybe he can explain that to the families of the slain that are facing “bumps in the cemetery”. What a clueless goober we have as a president.
jms
September 24th, 2012
11:10 am
Buffet should follow his lead
Towncrier
September 24th, 2012
11:10 am
And now for the rest of the story (about what Obama said back in 1998 – the full tape):
http://dailycaller.com/2012/09/24/full-audio-of-1998-redistribution-speech-obama-saw-welfare-recipients-as-majority-coalition/2/
Jm
September 24th, 2012
11:11 am
Usinuk says she is better off
Good job Cameron. Not Obama doofus.
Oh the liberal stupid. Sometimes it is just beyond the pale….
Towncrier
September 24th, 2012
11:12 am
“Maybe he can explain that to the families of the slain that are facing “bumps in the cemetery”.
It was a slip of the tongue; that’s what he meant.
jms
September 24th, 2012
11:13 am
“1. You are better off than you were four years ago.
Hell yes, and moving in the right direction!”
I’m afraid you’re in the minority on both points JamVet.
Peter
September 24th, 2012
11:13 am
So the IRS has shown the super rich to be rising at an incredible rate, all while the middle class and the poor are also going backwards……
So where are all the JOBS being created by the Super Rich, since they are getting the largest welfare benefits ?
Get Real
September 24th, 2012
11:14 am
Then change the tax code itself Jay instead of whining about perfectly legal, above board deductions and applicable rates……
Kamchak ~ Thug from the Steppes
September 24th, 2012
11:15 am
http://dailycaller.com/2012/09/24/full-audio-of-1998-redistribution-speech-obama-saw-welfare-recipients-as-majority-coalition/2/
drudgey spam.
Krystal'sBalls
September 24th, 2012
11:15 am
@stands for decibels
September 24th, 2012
10:51 am
I am still trying to figure out where all these people and their “bitchin” were when Bush put 2 wars, 2 rounds of tax cuts, and Medicare Part D ON THE GOVERNMENT CREDIT CARD, which gave us the majority of this debt?? You see, they knew what they were doing. There is no doubt in my mind that there was much political calculation made and sighs of relief when McCain lost to Obama. These clowns knew what they were putting on this guy and were none too happy to do it. Frankly, I think they expected it to become the Titanic and he be the one to bear the blame historically.
But because he is as savvy a politician and yes leader that he is, he managed to steer away from the iceberg, which pisses them off even more. I get it, Obama was to be the FIRST U.S. President to take office with an administration unable to ask to spend a single dime of the federal budget, lest he be labeled and out of control spender. That’s like lining my kids up side by side and handing out $5 bills, but when I get to little Johnny I just step right past him and tell him “you don’t get one” and keep moving.
Towncrier
September 24th, 2012
11:16 am
It seems inconceivable, but wouldn’t be amazing if true:
http://www.breitbart.com/Big-Government/2012/09/24/Does-Elizabeth-Warren-Have-a-Law-License-Problem
Peter
September 24th, 2012
11:17 am
I’m afraid you’re in the minority on both points JamVet. No All American’s are better off today……because during the last Bush year we had to bail out the banks, the Auto makers, and Corporate America, to prevent a second depression.
We never had that depression, only a recession because of the Bush Policy’s..Deficits don’t matter…..so All American’s are better off.
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September 24th, 2012
11:18 am
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Get Real
September 24th, 2012
11:19 am
Krystal…..nice rant and factually in error, nice try though
Kamchak ~ Thug from the Steppes
September 24th, 2012
11:19 am
Frankly, I think they expected it to become the Titanic and he be the one to bear the blame historically.
Abso-freakin’-lutely.
And on this very thread, when we say we are better off, we are told, no you are not and SHUT UP!
DannyX
September 24th, 2012
11:20 am
In sports news it looks as if the liberal media has claimed another victim…
The San Diego Charges are furious at the outcome of their game with the Atlanta Falcons yesterday. “We totally dominated the Falcons on both sides of the line of scrimmage, but the bias liberal media was able to determine the outcome,” said a clearly irritated Chargers coach. “We clearly won that game, it’s truly sad that the biased liberal media has that much influence.”
stands for decibels
September 24th, 2012
11:21 am
It seems inconceivable, but wouldn’t be amazing if true
Saint Breitbart-of-the-Wankers battle cry.
JamVet
September 24th, 2012
11:21 am
Sounds like people are making a bunch of bad decisions, jms.
I belong to the JamVet Party of Personal Responsibility. The antithesis of the Republicratic Party…
Then change the tax code itself…
Riiight! Like you 1% bootlickers don’t have absolute “Don’t penalize the wealthy!!!” conniption fits whenever that is even mentioned! LOL…
0311/8541/5811/1811/1801
September 24th, 2012
11:21 am
Ahem @ 11:09
Just shows him for who he really is. Disgusting.
Ahem
September 24th, 2012
11:22 am
…but wouldn’t be “amazing” if true:
May I suggest that you actually intended to use the word “typical”
stands for decibels
September 24th, 2012
11:23 am
And now for the rest of the story (about what Obama said back in 1998 – the full tape):
Has the Daily Caller managed to find the two undecided voters in America who give a crap about it?