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(Think Progress)   The Republican Party's economic platform in 2012: What Bush did, "just updated"   (thinkprogress.org) divider line 58
    More: Scary, Republican, economic security, RNC  
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1712 clicks; posted to Politics » on 23 Apr 2012 at 6:15 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-04-23 03:37:43 PM
Isn't Romney picking up old Bush people for his campaign?
 
2012-04-23 03:50:00 PM
Rombot: install BushEconomyProgram.exe
Rombot: update BushEconomyProgram.exe -u more-tax-cuts.exe
Rombot: run BushEconomyProgram.exe
 
2012-04-23 04:01:20 PM
wow - there's a campaign commercial. just show shots of traders with their heads in their hands and images of the dow plummeting in september '08 with the voice over: "Mitt Romney says his economic plan is the same as the Bush plan. If you think bringing back the Bush economy is a good idea, vote Romney this November."
 
2012-04-23 04:09:25 PM
Let's see, under Bush we got two wars, two tax cuts and a Medicare expansion, all unfunded. What more can the Republicans pass and not pay for? I'm already counting a war in Iran, a border fence and more tax cuts.
 
2012-04-23 04:19:59 PM
Unless the "update" is to cut spending, increase revenue, and pay down the debt, then we really can't afford it.
 
2012-04-23 04:20:02 PM
Hey, what works works, right?
 
2012-04-23 05:26:02 PM
Move down, increase speed, reverse direction Cut taxes, privatize, dance in the wreckage.
 
2012-04-23 05:37:53 PM
Mitt Romney's budget in about 150 words Link

Let's try to make this as simple as possible. Money comes into the federal government through taxes and bonds. The vast majority of it is then spent on old-people programs, poor-people programs, and defense.

Mitt Romney is promising that taxes will go down, defense spending will go up, and old-people programs won't change for this generation of retirees. So three of his four options for deficit reduction - taxes, old-people programs, and defense - are now either contributing to the deficit or are off-limits for the next decade.

Romney is also promising that he will pay for his tax cuts, pay for his defense spending, and reduce total federal spending by more than $6 trillion over the next 10 years. But the only big pot of money left to him is poor-people programs. So, by simple process of elimination, poor-people programs will have to be cut dramatically. There's no other way to make those numbers work.
 
2012-04-23 05:46:04 PM

Dusk-You-n-Me: Mitt Romney's budget in about 150 words Link

Let's try to make this as simple as possible. Money comes into the federal government through taxes and bonds. The vast majority of it is then spent on old-people programs, poor-people programs, and defense.

Mitt Romney is promising that taxes will go down, defense spending will go up, and old-people programs won't change for this generation of retirees. So three of his four options for deficit reduction - taxes, old-people programs, and defense - are now either contributing to the deficit or are off-limits for the next decade.

Romney is also promising that he will pay for his tax cuts, pay for his defense spending, and reduce total federal spending by more than $6 trillion over the next 10 years. But the only big pot of money left to him is poor-people programs. So, by simple process of elimination, poor-people programs will have to be cut dramatically. There's no other way to make those numbers work.


Sounds about like the Bush plan. Essentially, borrow until you can't borrow any more, and hope you can slash enough low hanging fruit to make it look like you're not robbing the next few generations blind...
 
2012-04-23 05:47:08 PM

Dusk-You-n-Me: Let's try to make this as simple as possible. Money comes into the federal government through taxes and bonds. The vast majority of it is then spent on old-people programs, poor-people programs, and defense.


Honest question: how much of the Federal Budget goes to infrastructure (schools, universities, highways, water, etc, etc)?
 
2012-04-23 05:54:52 PM

hubiestubert: Sounds about like the Bush plan. Essentially, borrow until you can't borrow any more, and hope you can slash enough low hanging fruit to make it look like you're not robbing the next few generations blind...


"This isn't conservatism; it's a going-out-of-business sale for the baby-boom generation." Link

Nadie_AZ: Honest question: how much of the Federal Budget goes to infrastructure (schools, universities, highways, water, etc, etc)?


I don't know the exact numbers but last I heard we spend 2.4% of GDP on infrastructure. For comparison, India spends around 5%, China 9%.

We currently need about $2T in infrastructure just to keep up with age and obsolescence .

The United States, the institute report concludes, needs to invest $2 trillion to rebuild roads, bridges, water lines, sewage systems and dams that are reaching the end of their planned life cycles. Link
 
2012-04-23 06:16:19 PM
but...the Bush economic plan sucked! plus, it was socialism (taxpayer bailouts of private companies? yup..socialism).
 
2012-04-23 06:19:04 PM
Because the last time it worked out so well for America?



Bonus: Last time the Bush magic was perpetrated on a strong economy. Imagine what the Bush magic could do to our not-fully-recovered economy!
 
2012-04-23 06:20:20 PM

Lumpmoose: Let's see, under Bush we got two wars, two tax cuts and a Medicare expansion, all unfunded. What more can the Republicans pass and not pay for? I'm already counting a war in Iran, a border fence and more tax cuts.


Step 1) Create a budget crisis by launching two wars, cutting taxes, creating a huge giveaway to Big Pharma and allowing Wall Street free reign to engage in shady shennanigans that cripple the economy

Step 2) Proclaim the crisis is due to government spending too much and make drastic budget cuts

Step 3) Cuts to government functions inevitably lead to core functions being farmed out to the private sector, increasing corporate profits

Step 4) A portion of said profits are then pumped into Republican re-election coffers

Step 5) Profit
 
2012-04-23 06:22:54 PM
Yeah, Bush policies weakened us but on the plus side the brush pile was taken care of.
 
2012-04-23 06:23:24 PM
I doubt he's going to win anyway, so what does it matter?
 
2012-04-23 06:23:34 PM
2nd verse same as the first but worse?

[donotwant]

These people are not only morally bankrupt and trying to drive government bankrupt but they are actually intellectually in arrears as well.

The Party of No Good Ideas FAILs again.
 
2012-04-23 06:25:11 PM
So, then a continuation of Obama's plan...

Gotcha.
 
2012-04-23 06:25:38 PM

Serious Black: Rombot: install BushEconomyProgram.exe
Rombot: update BushEconomyProgram.exe -u more-tax-cuts.exe
Rombot: run BushEconomyProgram.exe


/ERROR: EconomyCrashed
/reboot? (y/n)
 
2012-04-23 06:26:36 PM

quatchi: These people are not only morally bankrupt and trying to drive government bankrupt but they are actually intellectually in arrears as well.


Their base does not see Bush policy as a failure. They see lazy people taking advantage of banks by buying houses they couldn't afford. Never mind that those lazy people include themselves.
 
2012-04-23 06:27:18 PM
The Mayans predicted Mitt winning and implementing more Bush policies.
 
2012-04-23 06:27:44 PM

cabbyman: So, then a continuation of Obama's plan...

Gotcha.


Wat? Rebuilding of infrastructure has gone up tremendously in my area due to Obama's programs. They were falling apart during Bush. Then there's the... ah, who am I kidding. You won't pay attention to facts, will you?
 
2012-04-23 06:28:16 PM
sad that this is still relevant

i13.photobucket.com
i13.photobucket.com
 
2012-04-23 06:29:35 PM

SN1987a goes boom: Serious Black: Rombot: install BushEconomyProgram.exe
Rombot: update BushEconomyProgram.exe -u more-tax-cuts.exe
Rombot: run BushEconomyProgram.exe

/ERROR: EconomyCrashed
/reboot? (y/n)


n
economy not rebooted
run /outsource.exe -u f*ckthepoor.exe|more-tax-cuts.exe
 
2012-04-23 06:29:41 PM
so obama and romney have identical plans.
nice to see nothing can possibly change.
 
2012-04-23 06:30:27 PM
These guys keep saying "Don't compare us with Bush" but none of what they want to do is any different than Bush.
 
2012-04-23 06:30:59 PM

relcec: so obama and romney have identical plans.
nice to see nothing can possibly change.


yeah, but Obama's plan doesn't involve destroying the country. so there's that...which is nice.
 
2012-04-23 06:31:24 PM

Lumpmoose: Let's see, under Bush we got two wars, two tax cuts and a Medicare expansion, all unfunded. What more can the Republicans pass and not pay for? I'm already counting a war in Iran, a border fence and more tax cuts.



Don't forget expanded federal government with DHS and No Child Left Behind (also unfunded)
 
2012-04-23 06:31:53 PM

Corvus: These guys keep saying "Don't compare us with Bush" but none of what they want to do is any different than Bush.


brace yourself for 2016 'cause the GOP will probably regain the white house by then.
 
MFL
2012-04-23 06:32:07 PM
I read the other day that spending 5 minutes a day reading Think Progress has a similar effect on the brain as inhaling fumes from furniture polish for an extended period of time.
 
2012-04-23 06:36:07 PM

relcec: so obama and romney have identical plans.
nice to see nothing can possibly change.



I thought the talking point was that Obama's plan was socialism?
 
2012-04-23 06:37:23 PM

MFL: I read the other day that spending 5 minutes a day reading Think Progress has a similar effect on the brain as inhaling fumes from furniture polish for an extended period of time.



So how long do you usually inhale furniture polish?
 
2012-04-23 06:38:57 PM

Lord_Baull: relcec: so obama and romney have identical plans.
nice to see nothing can possibly change.


I thought the talking point was that Obama's plan was socialism?


it's only socialisms when Obama does it. Republicans don't call it 'socialism' they call it 'too big to fail'.
 
2012-04-23 06:40:33 PM

Weaver95: relcec: so obama and romney have identical plans.
nice to see nothing can possibly change.

yeah, but Obama's plan doesn't involve destroying the country. so there's that...which is nice.


BUT SOCIALISMS! How quickly you forget.
 
2012-04-23 06:41:42 PM

Weaver95: Lord_Baull: relcec: so obama and romney have identical plans.
nice to see nothing can possibly change.


I thought the talking point was that Obama's plan was socialism?

it's only socialisms when Obama does it. Republicans don't call it 'socialism' they call it 'too big to fail'.


See what I get for being a slow typer?
 
2012-04-23 06:41:54 PM

Lord_Baull: relcec: so obama and romney have identical plans.
nice to see nothing can possibly change.


I thought the talking point was that Obama's plan was socialism?


nope, he's just your run of the mill democrat basically.
an extreme authoritarian and a corporatist who sold out the American people to the insurance companies at the first opportunity during healthcare reform.
 
2012-04-23 06:44:25 PM

relcec: Lord_Baull: relcec: so obama and romney have identical plans.
nice to see nothing can possibly change.


I thought the talking point was that Obama's plan was socialism?

nope, he's just your run of the mill democrat basically.
an extreme authoritarian and a corporatist who sold out the American people to the insurance companies at the first opportunity during healthcare reform.


Hmmm.... now who have I heard about recently where that applies to their persona a bit more than Obama? Hmmm.....
 
2012-04-23 06:47:44 PM

Nadie_AZ: Dusk-You-n-Me: Let's try to make this as simple as possible. Money comes into the federal government through taxes and bonds. The vast majority of it is then spent on old-people programs, poor-people programs, and defense.

Honest question: how much of the Federal Budget goes to infrastructure (schools, universities, highways, water, etc, etc)?


2% for education, 3% for infrastructure programs.
 
2012-04-23 06:49:30 PM
http://www.freerepublic.com/focus/f-news/1491052/posts

To: Uncle Joe Cannon
"President Bush has pledged to do whatever it takes to rebuild the lives and communities devastated by Hurricane Katrina. This pledge comes with a price tag. To deliver this kind of aid, Congress and the President must set priorities and make sacrifices and trade-offs to pay for it. Offsetting the cost of rebuilding is all the more important because the rebuilding effort follows a 33 percent expansion of the federal government since 2001, a period that saw:

* The 2001 No Child Behind Act, the most expensive education bill in American history, which led to a 100 percent increase in education spending;
* The 2002 Farm Security and Rural Investment Act, the most expensive farm bill in American history;
* The 2003 Medicare Modernization Act, the most expensive Great Society expansion in history;
* A war in and the rebuilding of Iraq that, while justified, could cost between $300 and $600 billion, in total;
* International spending leap 94 percent;
* Housing and Commerce spending surge 86 percent;
* Community and regional development spending jump 71 percent;
* Health research spending increase 61 percent;
* Veterans' spending increase 51 percent; and
* The number of annual pork projects leap from 6,000 to 14,000.

http://www.heritage.org/Research/Budget/wm844.cfm

Please note - the heritage foundation is not in favor of gay marriage either.
39 posted on Sunday, September 25, 2005 11:19:45 by skeptical_con
[ Post Reply | Private Reply | To 1 | View Replies]


See also:

http://www.freerepublic.com/focus/news/653153/posts
 
2012-04-23 07:09:40 PM
Well, it's a message of being able to attain the American dream. It's less government spending, which a Tarrance Group poll, came out last week actually, shows that the majority of Hispanics believe that less government spending is the way out of this deficit crisis.

The majority of them also believe in an imaginary friend who grants them wishes, that doesn't exactly make it f*cking so!

Because when I want economic advice, I poll a majority of some group. Holy sh*t. What happened to the Republicans who would NEVER govern by a poll? Oh, that was a full of sh*t statement. Thanksverymuch...
 
2012-04-23 07:12:42 PM
My Dad's company was just purchased in a situation that, in years past, might not have been allowed. Antitrust issues would have been brought up. Losing his job at the end of the month, a place he has worked at for about 20 years. He's frightened a bit, because my Mom is battling her second round of cancer. He's praying he can get a second job, just to get insurance, and ensure that my Mother receives the same quality of care. They recently finished paying off their house, and they have no debt. It's good, because they just don't know what they might have to sell, to finance my Mom's fight to survive.

Medical costs, they get expensive. Cancer can be tricky to fight, as my mother has personally experienced. My parents have never been on welfare. When I was a kid, and my Dad was laid off, I remember sitting outside, watching them wash the windows of a local laundrymat, so they could feed me and my sister. We never went hungry, although I am sure they did from time to time. There was a period where my Dad lived off Pimento Cheese sandwiches.

My Dad's industry? Oil & Gas. One more case of subsidized industries using their glut of income to purchase the competition, gain the additional infrastructure, and fire off the unnecessary workers. If my Dad is very lucky, he might get hired on with the new company, for a job he has likely never done before, with a nice pay cut. This is what companies will be continuing to do with their fat bank accounts. Mergers are easy. Stock prices jump, confidence in the strength of the companies are inflated, rich people get richer.

My Dad is one of the hardest working, generous, principled human beings I know. My Mother is caring and sweet to a fault. They have saved, but without insurance, getting the proper care for my mom will blow through that like it is nothing.

Thanks, tax breaks. And yoto you as well, deregulation. Thanks, people who don't want to pay for safety nets that are there to protect those who, through no fault of their own, find themselves in personal hells. It would be a horrible blow to my Father's pride to have to get government assistance, and taking it away will ensure that he doesn't have to suffer that indignity.

For all those people who wail about how unfair it is to pay for programs to help children, the infirm, the mentally disabled, the elder, or the just unlucky, I hope you have to worry like me. Hell, I hope it happens to you. The second that the entitlements go away, I hope your job disappears in a questionable merger, when you have just received news that your life is going to include years of expensive, debillitating medical procedures. And when you die, because you couldn't afford proper health care? Then, then I hope you rot in hell.

You'll know how to get there, you just trickle down.

/rant off.
 
2012-04-23 07:35:03 PM

deeyablo: My Dad's company was just purchased in a situation that, in years past, might not have been allowed. Antitrust issues would have been brought up. Losing his job at the end of the month, a place he has worked at for about 20 years. He's frightened a bit, because my Mom is battling her second round of cancer. He's praying he can get a second job, just to get insurance, and ensure that my Mother receives the same quality of care. They recently finished paying off their house, and they have no debt. It's good, because they just don't know what they might have to sell, to finance my Mom's fight to survive.

Medical costs, they get expensive. Cancer can be tricky to fight, as my mother has personally experienced. My parents have never been on welfare. When I was a kid, and my Dad was laid off, I remember sitting outside, watching them wash the windows of a local laundrymat, so they could feed me and my sister. We never went hungry, although I am sure they did from time to time. There was a period where my Dad lived off Pimento Cheese sandwiches.

My Dad's industry? Oil & Gas. One more case of subsidized industries using their glut of income to purchase the competition, gain the additional infrastructure, and fire off the unnecessary workers. If my Dad is very lucky, he might get hired on with the new company, for a job he has likely never done before, with a nice pay cut. This is what companies will be continuing to do with their fat bank accounts. Mergers are easy. Stock prices jump, confidence in the strength of the companies are inflated, rich people get richer.

My Dad is one of the hardest working, generous, principled human beings I know. My Mother is caring and sweet to a fault. They have saved, but without insurance, getting the proper care for my mom will blow through that like it is nothing.

Thanks, tax breaks. And yoto you as well, deregulation. Thanks, people who don't want to pay for safety nets that are there to protect those who, throu ...


This should be read to every single Republican in office.

Right before their heads are lopped off.
 
2012-04-23 07:37:36 PM

Lumpmoose: Let's see, under Bush we got two wars, two tax cuts and a Medicare expansion, all unfunded. What more can the Republicans pass and not pay for? I'm already counting a war in Iran, a border fence and more tax cuts.


A green jobs program?
 
MFL
2012-04-23 07:49:16 PM
dinch
Wat? Rebuilding of infrastructure has gone up tremendously in my area due to Obama's programs. They were falling apart during Bush. Then there's the... ah, who am I kidding. You won't pay attention to facts, will you?

I've got a shovel ready story for ya.

My hometown town just raised property taxes (again) to help pay for the replacement of all the roads that were demolished and then "fixed" with the American recover and reinvestment act.

The roads weren't that bad to begin with and had been there for years, but they completely demolished them and replaced them with their American Recovery Act signs every 30 farking yards (to show everyone who to thank) along with their hand picked contractors from Chicago.

It farked up transportation for months, but it was refreshing to see Obama's economic vision at work...(3 guys standing there with their thumbs up their butt watching one guy with shovel every 25 yards or so). Little did we know they were not just "working hard" to resurface the road (that should have only take a couple weeks) but they were going to completely "fix" the road's foundation (which had been there for decades and there was never any problems)

After one winter the blacktop literally began collapsing on itself. Two cars (that I know of) broke their axles as this happend while they were going about 50 mph. They were lucky nobody was killed. By the time it all collapsed there were holes literally every 10 feet or so and about the size of a manhole cover. (this went on for about 8 miles). I have no idea how someone could fark anything up that bad without trying. You could not even drive on the unsurfaced portion during reconstruction for a month because of these damn holes. This was the main drag of our town and it completely farked up commerce. My favorite taco joint went belly up because nobody could get to their place for 2 months.

The town had to foot the bill to redo the entire project, foundation and all and the taxpayers got to Restore and Rebuild America Twice.....in the butt

But I'm glad those union boys had time to massage their colons for 4 goddamn months while they watched an apprentice jackhammer a perfectly good foundation and show us how an economy is supposed to work.

I don't know what pisses me off more....the government for actually farking the shiat up or you enablers who are either too naive or just too stupid to not only question how they actually spend my money, but viciously attack anyone who dares to.

I
 
2012-04-23 07:56:11 PM

hubiestubert: Essentially, borrow until you can't borrow any more, and...


...then you bust the joint out...you light a match.
 
2012-04-23 08:06:15 PM

Weaver95: SN1987a goes boom: Serious Black: Rombot: install BushEconomyProgram.exe
Rombot: update BushEconomyProgram.exe -u more-tax-cuts.exe
Rombot: run BushEconomyProgram.exe

/ERROR: EconomyCrashed
/reboot? (y/n)

n
economy not rebooted
run /outsource.exe -u f*ckthepoor.exe|more-tax-cuts.exe


Face face1 = new Face("suckers");
Face face2 = new Face("I got mine");
Face face3 = new Face("bye economy");
while (electionCycle == false) {
System.printFace(face1);
System.printFace(face2);
System.printFace(face3);
}
 
2012-04-23 08:23:28 PM

MFL: I've got a shovel ready story for ya.


Yeah, I'll need a shovel to wade through all that horse shiat.
 
2012-04-23 08:44:10 PM
Jeez, after the bad taste Bush left in people's mouths (no jokes please) one would think republicans would have realized his administration is not something to emulate.
 
2012-04-23 08:55:35 PM
The big criticism with Obama is that his recovery is too weak. And no one mentions that the GOP alternative is to go back to the polices that brought the recession.

i64.photobucket.com
 
2012-04-23 09:23:40 PM

Dusk-You-n-Me: Mitt Romney's budget in about 150 words Link

Let's try to make this as simple as possible. Money comes into the federal government through taxes and bonds. The vast majority of it is then spent on old-people programs, poor-people programs, and defense.

Mitt Romney is promising that taxes will go down, defense spending will go up, and old-people programs won't change for this generation of retirees. So three of his four options for deficit reduction - taxes, old-people programs, and defense - are now either contributing to the deficit or are off-limits for the next decade.

Romney is also promising that he will pay for his tax cuts, pay for his defense spending, and reduce total federal spending by more than $6 trillion over the next 10 years. But the only big pot of money left to him is poor-people programs. So, by simple process of elimination, poor-people programs will have to be cut dramatically. There's no other way to make those numbers work.


You forgot 1 important option, let's call it the Paul Ryan budget balancing solution. Just assume an absurd amount of economic growth and, viola, budget problem solved!
 
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