During Mitt Romney's first run for the White House four years ago, his GOP rival Mike Huckabee warned that the former private equity CEO reminded voters of "the guy who laid them off." Now, with the growing imbroglio over his secret tax returns, labyrinthine overseas accounts and "I win even when they lose" Bain business […]
Category: Economy
Even with four months to go until Election Day, Mitt Romney's shameless lying has already become one of the defining storylines of the 2012 campaign. Theories abound as to why Romney has emerged as a reverse George Washington, a man who cannot tell the truth. Jonathan Chait turned to Freud, explaining there's a clinical term […]
Among the myriad Republican myths about taxes, the most pernicious and demonstrably false - that "tax cuts pay for themselves" - is the mostly deeply held by the GOP faithful. As President George W. Bush famously (and erroneously) put it, "You cut taxes and the tax revenues increase." Now, a survey of leading economists conducted […]
Back in 2007, Republican White House hopeful Mitt Romney declared that taking a big payment from a company that later failed "would make me sick, sick at heart." If so, Romney by now must be badly in need of a quadruple by-pass. Because as the New York Times became just the latest to report, through […]
If nothing else, you have to admire Mitt Romney's persistence. After he formally announced his candidacy a year ago by declaring when President Obama "took office, the economy was in recession, and he made it worse, and he made it last longer," fact checkers quickly demolished Romney's obvious falsehood. But despite his subsequent denial just […]
"Politics," Republican Senator Arthur Vandenberg declared during Harry Truman's presidency decades ago, "stops at the water's edge." Not, it turns out, for Mitt Romney. Three years ago, Romney blasted Obama's "apology tour" even as the President was visiting Cairo, Ankara and other capitals. (For that slander, the Washington Post fact-checker gave Romney a "Four Pinocchio" […]
In the wake of the disappointing May jobs report, Republican presidential candidate Mitt Romney comically charged that Barack Obama "hasn't put forth a plan to get us working again." Comically, that is, because the same Senate Republicans who gave the February 2009 stimulus bill only three votes filibustered President Obama's proposed $447 billion American Jobs […]
For months, Mitt Romney and his Republican allies have been falsely claiming that President Obama "made the economy worse." This week, Romney preposterously declared Obama "knowingly slowed down our recovery." And today in Missouri, the Republican nominee doubled-down, charging that the President "slowed the recovery and harmed our economy," a result Romney insisted constituted "a […]
For months, GOP presidential nominee Mitt Romney has falsely claimed that President Obama "did not cause this recession, but he made it worse." This week, Romney charged that Obama "started off by blaming George Bush, and that worked for a while but, you know, after three and a half years that wears kind of thin." […]
Tuesday's Politico headline shouting "Mitt Romney camp to attack stimulus" may not be surprising, but it is more than a little ironic. After all, the 2009 American Recovery and Reinvestment Act worked; most economists - including the nonpartisan CBO and some of John McCain's own 2008 advisers - believe President Obama saved the American free-enterprise […]