Tax the hell out of the democrat elites, billionaires, raise tariffs on imports, cut services and economy spending and let the economy reboot without stimulating it. It will be painful but the only quick way out of rehab. Look up 1920 depression and how fast they recovered by allowing the free market to do its biding without govt intrusive.
Start taxing people making over $300,000.00 dollars at a higher rate instead of the middle class and seniors. Make them pay their fair share and quit giving them mega tax breaks every year.
Did he vote for the trillion dollar inflation reduction act, did he vote to send 400 billion to UK, did he vote for 5,000 illegal a day to enter and be cared for? Talk is cheap.
American law makers are all talking about the national debt is unsustainable but they still keep on doing it. It is a scam. To put it in record that they care and so get the votes in but in real life they are the people who keep on increasing the debt.
If what really matters to you is having a well dressed gentleman, sitting at his desk, looking dignified, so you can proudly tell your children, "This is our leader!", Romney is suited to the task.
Romney is cut from the same cloth as Ross Perot. Both are money men, who would do well in the jobs Janet Yellen has held. But their egos tell them they should be in a position of broader leadership than that, when they really should just stick to what they are good at.
Senator Romney is a great American and level-headed on this topic, BUT he's mostly inaccurate on this economics. There has never been a public financial crisis in his lifetime (other than when the Republicans made default a possibility just by willing it so), but there have been several cause by private debt. The US has never had to pay off the entirety of its debts through cuts in spending during Mr Romney's lifteime (we certainly lowered taxes during it), because the US economy has grown of the previous peaks innspending. Besides, most public debt and the associated interest payments are going directly or indirectly to US households. It's kinda like running a small business that, because you pay yourself more than the business can afford, you have to dump more money back into the business. What's actually seeing more USD leave the economy is our trade deficit. The US should be taking on more public debt to invest in energy and tech for AIG, security of that technology, and re-establishing the US as the exporter of high-end aerospace, transportation, defense, and consumer electronics. It takes time, money, smarts, and effort to be the best in a competitive world. We're the best positioned to fill that role.
Watched part of the Berkshire Hathaway meeting where Warren Buffett said “Our company is in the top 800 US companies and we paid 21% taxes. I have no problem signing the check for five billion because America has made this possible. If one day they need more to lower the deficit, I’ll sign that too. If the other 800 companies paid what they should there would be no need for individuals to pay any income taxes.” He got a big round of applause for the shareholders.
Yes and a drunken, blind, deaf and dumb man could see it plainly. "We're going to have to look at both spending and taxing." Yes indeed. The debt iceberg we're sailing full speed ahead towards is growing ever larger by the second. And this ship ain't "unsinkable" either.
Not one word he said is true. The government does not find itself through taxes or borrowing, the government spends money into existence and the deficit can go on forever no issue. What we need to worry about is does the nation have the resources available for a strong and vibrant economy and keep inflation in check.
bro he's a professional politician at the national level. these people don't suddenly "realize" anything. they all know the situation, but they admit only what their wealthy powerful donors want them to admit.
I am not saying that Mitt Romney is not a smart guy.. but his company destroyed so many businesses.. they would come in to a business they want to buy.. the first thing they would do is all the executives would get huge pay boost and bonus.. then they would go and they would do a lot of layoffs and then they would sell off the parts of the company that had the most value.. look it up.… it’s a fact Bain Capital Management … Right now we have someone in the office. It’s very capable In Janet Yellin.. trump was the one that blew the deficit up with $7.6 trillion in debt, giving tax break to the rich that they didn’t need.. and now says he’s gonna do it again if he’s elected, the middle class and the poor will suffer.. and so will the country because that means billions of dollars being taken out of the system in tax breaks for people that don’t need them..
I hate to agree with Romney but he is right. There is a catastrophe coming. But if he truly believes this why does he continue to shit on Trump? The Democrats are spending like drunken sailors, which is causing inflation. Voting for anyone other than Trump means 4 more years of expensive everything and we will go off the cliff.
This Rino Romney worked for Vain Capital and destroyed business after business, particularly Steel mills to divide the spoils amongst his brethren. Shit talk at its most hideous. Cut welfare. Fire government employees starting with College professors and trim the pentagons budget will put you on the right track. Don't listen to Romney. Vote out the Romney.😮
What did the last republican president do with the economy? Spend, spend, spend... What's he going to do if he's elected again? The deficit doubled in Trump's first 3 years, and he said that he would balance the budget. He knew nothing about the economy and only how to make himself look good and lie.
3/4 of the world is joining Russia and China in building the world instead of looting it with free trade. We need to join them as the US/European system is collapsing like Lyndon LaRouche accurately told would happen.
