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+--- Thread: "Romney’s severely conservative budget promises" (/showthread.php?tid=131818)
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"Romney’s severely conservative budget promises" - Ted King - 02-10-2012
http://www.washingtonpost.com/blogs/ezra-klein/post/doing-the-math-on-romneys-budget-promises/2011/08/25/gIQA5N1V4Q_blog.html
Romney has, essentially, made four significant fiscal promises: He has pledged to cap federal spending at 20 percent of GDP. He has pledged to cut taxes to about 17 percent of GDP. He has pledged to a floor on defense spending at 4 percent of GDP. And he has pledged to balance the budget.
So let’s add it all up: Romney has to cut federal spending down to 17 percent of GDP. Federal spending is currently at 24 percent of GDP, and the Congressional Budget Office predicts that it will be around 22 percent for the next decade. For comparison’s sake, Paul Ryan’s budget would keep spending above 20 percent of GDP for at least the next 20 years.
That’s a lot of numbers, so here’s the bottom line: Romney is proposing to cut more than twice as much from the budget as Ryan. And Ryan’s budget, as you’ll remember, was already quite austere.
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Put aside whether you consider cuts of this magnitude desirable. Romney has not put forward any specific plans under which they would be achievable. And that’s for good reason: The sort of specific program cuts required to match these numbers would seem incredibly draconian if put to paper. But CBPP drew up some illustrative options.
If you assume the cuts are distributed equally across all domestic spending programs, Romney’s numbers imply cutting more than $500 billion from food stamps and related programs for the poorest Americans, cutting $2.3 trillion from Social Security, cutting $174 billion from veteran’s benefits and so forth.
I hope that Romney doesn't get a "pass" before the election on having to say how much he'll cut from what departments to meet the fiscal goals he has set out.
Re: "Romney’s severely conservative budget promises" - Grace62 - 02-10-2012
It's good that somebody is doing the math behind this stuff that Romney just throws out there as Tea Party red meat.
Who writes Romney's speeches? "Severe" is such a negative term to use in self-description. Does that term have any positive connotations at all?
"I was a severely conservative governor."
He's going to get fried when he has to debate the President. Particularly if the economy continues to tick upward.
Re: "Romney’s severely conservative budget promises" - Grace62 - 02-10-2012
Gingrich is speaking now at CPAC. He is by far the best speaker of these three candidates (his other traits notwithstanding.)
Re: "Romney’s severely conservative budget promises" - Mike Sellers - 02-10-2012
I don't know what the big deal is. The man has no core beliefs so he'll just walk away from this as soon as he's sworn in.
Re: "Romney’s severely conservative budget promises" - Grace62 - 02-11-2012
He's not gonna get sworn in.
The word "severely" doesn't appear in the draft of his speech, which is on his campaign website. So that's what he came up with himself, off the top of his head. And it's the only part everybody remembers.
This guy is NOT a politician. He cannot think on his feet.
Re: "Romney’s severely conservative budget promises" - max - 02-11-2012
Grace62 wrote:Unlike the present guy in the White House?
This guy is NOT a politician. He cannot think on his feet.
The one who cannot put a sentence together without a telepromter?
OTOH, at least Romney is competent....
Re: "Romney’s severely conservative budget promises" - Grace62 - 02-11-2012
max wrote:Unlike the present guy in the White House?
[quote=Grace62]
This guy is NOT a politician. He cannot think on his feet.
The one who cannot put a sentence together without a telepromter?
OTOH, at least Romney is competent....
I can't wait for the debates, and the general election campaign.
Re: "Romney’s severely conservative budget promises" - August West - 02-11-2012
I can't wait for the debates, and the general election campaign.
I agree, the idea that President Obama "cannot put a sentence together without a telepromter" is hyperbole at its worst. Romney is a stiff, Obama is articulate.
Re: "Romney’s severely conservative budget promises" - Black - 02-11-2012
max wrote:Unlike the present guy in the White House?
[quote=Grace62]
This guy is NOT a politician. He cannot think on his feet.
The one who cannot put a sentence together without a telepromter?
Congrats, max, you've earned one of these.
Re: "Romney’s severely conservative budget promises" - decay - 02-14-2012
http://spreadingromney.com/