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Romney Will Solve The Crisis With The Exact Same GOP Plan Of 2008, 2006, 2004..

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Romney Will Solve The Crisis With The Exact Same GOP Plan Of 2008, 2006, 2004..

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Let’s go back further. On September 2nd, 2004, George W. Bush is at the RNC, giving his speech accepting the nomination to run for a second term as President of the United States. Unemployment is 5.4 percent. A major housing bubble is kicking into high gear, and the country is debating the aftermath of the invasion of Iraq and the future of the War on Terror. A few months later, people will be talking about a permanent Republican majority. What are some priorities for a second George W. Bush term in creating jobs?

To create more jobs in America, America must be the best place in the world to do business.

[5] To create jobs, my plan will encourage investment and expansion by restraining federal spending, reducing regulation and making the tax relief permanent.

[1] To create jobs, we will make our country less dependent on foreign sources of energy.

[3] To create jobs, we will expand trade and level the playing field to sell American goods and services across the globe.

[5] And we must protect small-business owners and workers from the explosion of frivolous lawsuits that threaten jobs across our country. Another drag on our economy is the current tax code, which is a complicated mess…

[4] To be fair, there are some things my opponent is for. He’s proposed more than $2 trillion in new federal spending so far, and that’s a lot, even for a senator from Massachusetts.

It’s the same agenda, mentioned back to back almost in the same order. Bush mentioned No Child Left Behind several times, though I’m not sure if that matches up with the school choice of [2] in Romney’s economic plan for school choice, so I excluded [2]. It’s always time for cutting spending, more oil drilling, free trade, and lower taxes and regulation to fix the economy.

Let’s do one last one. January 31st, 2006, George W. Bush is giving his State of the Union address. Unemployment is 4.7 percent. With the economy healthy and growing (in Bush’s mind), now is the time to build on the strengths and address the weaknesses of the economy. What does he suggest?

Our economy is healthy and vigorous, and growing faster than other major industrialized nations…

[5] Because America needs more than a temporary expansion, we need more than temporary tax relief. I urge the Congress to act responsibly and make the tax cuts permanent.

[4] Keeping America competitive requires us to be good stewards of tax dollars. Every year of my presidency, we’ve reduced the growth of nonsecurity discretionary spending. And last year you passed bills that cut this spending.

[3] Keeping America competitive requires us to open more markets for all that Americans make and grow… With open markets and a level playing field, no one can out- produce or out-compete the American worker…

[1] Breakthroughs on this and other new technologies will help us reach another great goal: to replace more than 75 percent of our oil imports from the Middle East by 2025.

Again, President Bush mentions No Child Left Behind, but I’m not sure whether it overlaps with [2].

But the same exact playbook is there in 2006, as it was in 2004 and 2008, and as it is in 2012. Domestic oil production, school choice, trade agreements, cut spending and reduce taxes and regulations — it’s been the conservative answer to times of deep economic stress, times of economic recovery, times of economic worries, and times of economic panic. Which is another way of saying that the Republicans have no plan for how to actually deal with this specific crisis we face.

Cross Posted From Rortybomb

27 Comments

  1. Dominick Vila September 4, 2012

    Facets of his plan were also evident in Nixon’s and Reagan’s socio-economic agendae. and are consistent with what the GOP stands for nowadays. Romney’s economic “solution” is based, almost entirely, on the premise that giving more tax breaks to the wealthy is the only way to achieve sustainable economic growth and low unemployment, and towards that end he proposes the elimination of popular middle class deductions and the elimination of social programs that benefit the middle class and the poor as part of the formula needed to take America back…to the Norman Rockwell society of yesteryear, the days of child labor and the company store, no minimum wage or overtime pay, no paid vacations, no safety or environmental regulations, no Wall Street regulations, and shoot before you ask. No wonder the Koch brothers, Sheldon Adelson and every neocon and Tea Party enthusiast love him…the question is, do they trust him? That’s the reason Paul Ryan – Dick Cheney’s clone – is on the ticket.

    Reply
    1. William Deutschlander September 4, 2012

      Yes Dominick from the last true Republican, Eisenhouer, to this very day the Republicans have preached the same sermon. The result, the Reagan Recession of 1982, the H W Bush Recession of 1989 and the G W Bush GREAT RECESSION of 2008.

      It appears that those who sustain the Republican failed theory have no mind or memory, or perhaps desire an AUTOCRATIC DICTATORSHIP.

      Reply
      1. Dominick Vila September 4, 2012

        Plus the Savings and Loan debacle in the 80s, the investment bank bailout, deficit spending, tax breaks for people who do not need them, and the deregulation that contributed to the ENRON, AIG and other fiascos, not to mention the BP oil spill in the Gulf which was largely the result of gutting the EPA to the point that it is totally inefficient.

        Reply
        1. dana September 4, 2012

          And may I remind people, Pres. Obama negotiated 20 billion from BP which the Republicans apologized to BP for our extortionist President. (I guess they only apologize to their corporate masters.) Had the Republicans been at the helm the taxpayers would be on the hook.

          Reply
      2. Ed September 4, 2012

        Well, you got it right. They seek an autocratic dictatorship. Which also is what the founders wanted!

        Reply
      3. onedonewong September 4, 2012

        You didn’t mention that Reagan inherited the WORST recession ever from Carter and that Clinton dumped his recession on W . Even Nixon had to fix the recession that LBJ had left him.
        There is one constant theme in all these…every recession was caused by a democratic congress

        Reply
        1. grammyjill September 4, 2012

          Not a history major HUH?

          Reply
          1. onedonewong September 4, 2012

            Don’t need to be I have great comprehension skills. You though might try to learn some so you don’t look so foolish

            Reply
          2. grammyjill September 5, 2012

            When Regan left we were in a recession, when Bush 1 left we were in a recession (that one took Clinton six years to get us out of and he left a surpluss) Bush 2 left us the recession we are still trying to get out of. I am a reader of history.

            Reply
          3. onedonewong September 5, 2012

            Reader of history next time try reading some American History not the democrat socialist news letters

            Reply
          4. grammyjill September 5, 2012

            Just can’t give up your fantasy would huh?

            Reply
          5. rustacus21 September 6, 2012

            See my comments above; VERY tru stuff, but confusing for conservatives who don’t comprehend politics, history or economics, as the last 4 consecutive Republican administrations drive home like no other collection of history EVER has. Making not a scratch on the granite-composed brain density of Republican voters. Only those who suffer the Fox network version of ‘history’, where the fact-checker is on a perpetual coffee break, do facts have no meaning whatever…

            Reply
        2. rustacus21 September 6, 2012

          … the question tho, was it necessary? Or did U 4get that Carter ‘inherited’ THAT economy from a Republican? Congressional action is very complex, in case U have been paying attention over the last 10 or so years. The ‘horse trading’ isn’t a new phenomenon, but why is it that Republican administrations, since Nixon, have all ENDED in fiscal & economic collapse – but not a single Democratic administration? Carter only had 4 yrs. Clinton 8. Obama 4. On the other hand, Nixon had a curtailed 8 (6, via his criminality-exercised early exit), Reagan-Bush – 12, Bush II, 8. W/the Republicans, there was recession & near/total economic implosion. W/Clinton (as he’s all we have to compare, w/multiple terms), pristine & immaculate surplus, full employment, prosperity to every demographic – poor to ultra rich & a peaceful world w/no wars & NO American soldiers dying needlessly. Oh & LBJ was a conservative, as are most Texans of his generation…

          Reply
          1. onedonewong September 6, 2012

            You continue to miss the 1 key ingredient to all the good and bad for the US economy. Who controlled congress..
            Carter Dems
            Reagan Dems
            Bush Dems
            Clinton republicans
            W 1st half republicans and the 2nd half when all the wheels came off Dems
            Obummer first 2 years when all the red ink spilled dem’s

            Reply
          2. rustacus21 September 10, 2012

            To: onedonewong; No, I didn’t miss that. History will tell U that Carter had an uncooperative Dem majority that was feeling the pressure from vengeful conservatives out for blood over Watergate (& have been SINCE!!! i.e. Dukakus, Clinton, Gore, Kerry, Obama, etc.); the phoney economic crisis (that never materialized – til after supply-side economics ruined it) Reagan was ‘instructed’ to harp on incessantly kept the Dem majority pliant during those years (1981-1992); but U didn’t talk about Clinton’s Dem majority, which was feeling the heat for his ‘rumoured’ indiscretions & were quickly dispatched after they were instrumental in canceling the Reagan tax cuts, leaving he, like Prez Obama, stranded & fighting nearly as single-handedly, for the American Middle Class. Starting to see a pattern here? If not, check out how the Dem majority was ‘hostage’, til 2006, to the fear mongering of the 2001-2009 administration – til they & the American people came to their senses that this was another of those Reagan-esque ‘chicken little’ terror games conservatives excel at. I didn’t have time to research all this for presentation so I hope U won’t mind doing the leg-work & reporting back. Literature from the period, as well as bio’s by the players involved will yield a treasure trove of references either to concur/dispute the above…

            Reply
      4. onedonewong September 10, 2012

        did you miss the Carter recession of 1979 the LBJ recession of 1967, the Clinton recession of 2000 and the Barak recession of 2009-2012//

        Reply
    2. onedonewong September 4, 2012

      Where have we seen Barak’s pan for the US economy in 2008,2009 2010,2011 and 2012?? oooops that’s right he didn’t have one and EVERY One of his budgets were voted down either 99 to 0 in the Senate or 419 to 0 in the House

      Reply
  2. frank l. bennett September 4, 2012

    Quote from Einstein

    Stupidly is trying the same thing over and over and expecting different results.

    Reply
  3. msrita September 4, 2012

    Regan lead the way for illegal immigrants. That’s the problem.

    Reply
  4. Michael Ross September 4, 2012

    It could also be another way of saying that Republicans couldn’t give half a crap about any of this. They just say what they think people want to hear, and then when the election is over they retreat into their back rooms and do nothing but give tax cuts to themselves all year.

    Reply
  5. Hajji September 4, 2012

    do we really need more of the same broken record? just promisses to fool the uninformed uneducated person to vote for them. WE NEED ACTION NO PROMISSES. V for the one who will lead us to prospority, NOT WARS. SO FAR REPULICANS SPELL WAR. ROMNEYWAR IS ALREADY PROMISSING WAR IS THAT WHAT REALLY WANT,OR WE NEED TO GET OUT OF WARS FOR OTHERS AND BRING OUR BRAVE MEN/WOMEN BQCK TO THEIR FAMILIES.

    Reply
  6. Allen Covington September 4, 2012

    There is NO plan…there never has been a PLAN! This is the just so that really stupid people of which we have an abundance here in america, can make believe they care about their fellow americans. Hahahahaha this from a culture that preachs Me! me, me! Oh and celebrating the “brave” men and women that never seem to include “their” children in the line of fire…But we want them to drive the Bus? Right!!!!

    Reply
  7. Richie T September 4, 2012

    “We’ll tell you how we’re going to fix the economy, AFTER we get elected. That way, when it crashes, AGAIN, we can’t scream at them for lying to get elected.
    He’s still doing it, anything and everything he can to get away from showing his taxes. There’s a big difference between doing it legally and doing it right. Even if what he did is legal, but screws this country even more then we already know about, it would cost him votes. He claims he wants to lower the National Deficit, spending less on a credit card doesn’t lower the bill. 2010, he paid $3 million in taxes. If all of his off-shore, tax-free investments were invested in businesses in this country, it would be a help. It’s not like he can’t afford to pay the taxes I’ve got mine, screw-you you’re not my responsibility. deal with it yourself. If that’s NOT his attitude, why doesn’t he invest it here.

    Reply
  8. Bigspender September 4, 2012

    Actually Romney has no plan. He has only glorious results for which there is no valid explanation.

    Reply
  9. ObozoMustGo September 4, 2012

    BREAKING NEWS…… BREAKING NEWS…….. BREAKING NEWS…….

    National Debt Hits $16 TRILLION on Opening Night of DemoncRATic Convention

    Congratulations Mr. Obozo!!!! You are succeeding at fundamentally transforming America……………….. into the world’s next bankrupt nation and laughing stock of the world!!!! Way to go!!! Nice accomplishment to speak about at the convention….. NOT!!!

    What timing????? Obozo the messiah must have coordinated this intentionally. After all, he did stop the seas from rising and healed the planet, didn’t he?

    [click images to enlarge]

    Have a nice day!

    “We have elected some very intelligent people to administer our government… ..WHY do they (all elected government officials at all levels; National, State, & Local) not understand that we cannot continue to SPEND more than we take in indefinitely without end … … .????? Have we all gone nuts????… ..Eventually, income MUST equal or exceed spending; it’s just plain common sense, not rocket science… … !!!” – Anonymous

    Reply
  10. onedonewong September 10, 2012

    Again another left wing nut who fails to understand the role of Congress in these recession. Look at every one from 1936 and forward and they all were caused by Democratic majorities

    Reply
  11. onedonewong September 10, 2012

    What did Nixon’s impeachemnt have to do with a “uncoperative dem majority” let me help NOTHING.
    Clinton was no longer revelent after Newt took over congress. Clunton just played around and Newt ran the congress and presidency and did a hell of a job.
    Obummer and his Dems had both houses from 2007 thru 2010 and their actions were the SOLE cause of the recession as they continued to make it worse year after year.
    That’s what happens when you have 3 nitwits, peeelosi,reid and barak, who never held jobs and we always on the taxpayers teets

    Reply

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