400 Independent Economists Support Romney's Plan

reply to post by Djayed


So you're okay with taking Republican money and Socializing it to America, but not America's money and Socializing it to the World?

reply to post by Djayed


Let's see some Economic Calculations then. Show me your Economic Calculus on why it's the Republican's fault for this recession.

Originally posted by xuenchen
400 Independent Economists Support Romney's Plan

Well this must confirm enough support for Romney !!

400 economists is not small potatoes.

Even Five Nobel laureates are among the group.

Over 400 independent economists signed a statement at the website Economists for Romney in support of what they call the Republican presidential candidate's "bold economic plan for America."

Five Nobel laureates (Gary Becker, Robert Lucas, Robert Mundell, Edward Prescott, and Myron Scholes) signed the statement which, in part, reads, “We enthusiastically endorse Governor Mitt Romney’s economic plan to create jobs and restore economic growth while returning America to its tradition of economic freedom.”

The economists also denounced Obama's economic ideas, claiming they led to an "an anemic economic recovery and high unemployment." They further assert, "his future plans are to double down on the failed policies, which will only prolong slow growth and high unemployment."............

Romney Points:

These economists note that Romney would:

• Reduce marginal tax rates on business and wage incomes and broaden the tax base to increase investment, jobs, and living standards.
  
  
• End the exploding federal debt by controlling the growth of spending so federal spending does not exceed 20 percent of the economy.
  
  
• Restructure regulation to end “too big to fail,” improve credit availability to entrepreneurs and small businesses, and increase regulatory accountability, and ensure that all regulations pass rigorous benefit-cost tests.
  
  
• Improve our Social Security and Medicare programs by reducing their growth to sustainable levels, ensuring their viability over the long term, and protecting those in or near retirement.
  
  
• Reform our healthcare system to harness market forces and thereby reduce costs and increase quality, empowering patients and doctors, rather than the federal bureaucracy.
  
  
• Promote energy policies that increase domestic production, enlarge the use of all western hemisphere resources, encourage the use of new technologies, end wasteful subsidies, and rely more on market forces and less on government planners.
  

Obama Points:

The economists note that Obama has:

• Relied on short-term “stimulus” programs, which provided little sustainable lift to the economy, and enacted and proposed significant tax increases for all Americans.
  
  
• Offered no plan to reduce federal spending and stop the growth of the debt-to-GDP ratio.
  
  
• Failed to propose Social Security reform and offered a Medicare proposal that relies on a panel of bureaucrats to set prices, quantities, and qualities of healthcare services.
  
  
• Favored a large expansion of economic regulation across many sectors, with little regard for proper cost-benefit analysis and with a disturbing degree of favoritism toward special interests.
  
  
• Enacted health care legislation that centralizes health care decisions and increases the power of the federal bureaucracy to impose one-size-fits-all solutions on patients and doctors, and creates greater incentives for waste.
  
  
• Favored expansion of one-size-fits-all federal rulemaking, with an erosion of the ability of state and local governments to make decisions appropriate for their particular circumstances.
  

400 Independent Economists Support Romney's Plan

It appears that Obama is a failure plain and simple

What's in YOUR Wallet ?

I didn't really see a plan, just bunch of buzz words. Of course they always want to put more money in the hands of the already wealth in the hopes that they will create jobs. They never do, but they know we're not very smart and can't remember, and so they trot it out and gain more control over a little more of the wealth every time. And you suckers who ain't got nothing buy into it. When you gonna learn, People and corporations don't create jobs because they got extra money laying around They create jobs to make more money not to be nice guys using that money for the good of the economy. The reality is that demand creates investment in real productivity, and from this jobs. If there is more return from speculation and the futile exercise of making money from money, that's where it's going. The wealthy have absolutely no obligations to you, their country. or it's economy

Again, for the slow. Demand creates jobs. Not excess capital. Get the money where it creates demand you'll see increase in production to meet that demand and you'll see more jobs.

Originally posted by RELDDIR
reply to post by Djayed

 

Let's see some Economic Calculations then. Show me your Economic Calculus on why it's the Republican's fault for this recession.

Well first look at this chart. Do you see how the Jobs went below the graph starting with Bush? Now the last two bars are above the chart?



And look at this...so he is not doing as bad as the posters would like everyone to think.

Originally posted by jimmyx

Originally posted by RELDDIR
reply to post by jtma508

 

Excuse me, but after 4 years...WHERE ARE THE JOBS?

ask your republican congressmen...here's their record so far in 2012
republicanjobcreation.com...

this doesn't even take into account the hundreds of blocked jobs and economic bills that they filabustered over the previous years.

See just read this RELDDIR, it speaks wonders to how the republican party has tried and tried to make Obama fail as a President!

reply to post by okyouwin


First and Foremost Look at the Education System. It Has Been Infiltrated By the LEFT. It Started A Few Generations Ago, While The REAL MEN Went to War in Vietnam. Those Who Protested and Dodged Went To Other Countries, Got Educated and Got Ahead and are Now In Charge of THE EDUCATION SYSTEM.

reply to post by RELDDIR


That's Why We Have A Failed System! 90-95% of all ECONOMIC PROFESSORS ARE LIBERAL and their "LIBERAL ECONOMIC POLICIES" failed. I explained all of this in my earlier posts in this thread.

Originally posted by Djayed

Originally posted by RELDDIR
Obama Didn't Keep His Promise That Unemployment Would Be Under 8% After 4 Years, So Why Should We Re-Elect Him?

For starters the Republican controlled Senate blocked everything Obama tried to do to fix unemployment, but republicans only care about their paycheck and not America's !

If you really believe democrats are any better or different, I find that scary.

I don't even play at saying Republicans aren't corrupt...hell I just think Romney's brand of corrupt beats the heck out of Obama's. A corrupt capitalist needs a booming economy for corruption to pay. That generally helps me by sheer accident. A corrupt socialist likes MASSIVE Government....and I don't work for Uncle. So, that really narrows down who I'm not for.

I won't suggest one side is more/less dirty than the other though. sheesh.... It's just which flavor of bad a person prefers until we get another shot from the start to run the next Candidate through.

Republicans didn't try to make Obama fail. We follow a different economic theory then he does.

Originally posted by RELDDIR
reply to post by RELDDIR

 

That's Why We Have A Failed System! 90-95% of all ECONOMIC PROFESSORS ARE LIBERAL and their "LIBERAL ECONOMIC POLICIES" failed. I explained all of this in my earlier posts in this thread.

Where is your data proving this? Otherwise this would be an opinion, like Breitbart.com where this post came from. Breitbart is far from a news source and all it does is give Fox things to report on.


So please show me where most Economics professors are liberal?

Originally posted by Wrabbit2000

Originally posted by Djayed

Originally posted by RELDDIR
Obama Didn't Keep His Promise That Unemployment Would Be Under 8% After 4 Years, So Why Should We Re-Elect Him?

For starters the Republican controlled Senate blocked everything Obama tried to do to fix unemployment, but republicans only care about their paycheck and not America's !

If you really believe democrats are any better or different, I find that scary.

I don't even play at saying Republicans aren't corrupt...hell I just think Romney's brand of corrupt beats the heck out of Obama's. A corrupt capitalist needs a booming economy for corruption to pay. That generally helps me by sheer accident.

A corrupt socialist likes MASSIVE Government....and I don't work for Uncle. So, that really narrows down who I'm not for.

I won't suggest one side is more/less dirty than the other though. sheesh.... It's just which flavor of bad a person prefers until we get another shot from the start to run the next Candidate through.

edit on 19-8-2012 by Wrabbit2000 because: (no reason given)

I will give you that!!! I guess I prefer the Obama camp lies over the Romney camp lies.LOL, Good reply though!!

Take an ECONOMICS COURSE at ANY COLLEGE, and I mean ANY COLLEGE. If you can find an ECONOMICS DEPARTMENT at a major college that is conservative. I'll admit I'm wrong and never post on ATS again.

Originally posted by RELDDIR
Republicans didn't try to make Obama fail. We follow a different economic theory then he does.

This is the reason things get screwed up no matter who is in Office!! We need to get rid of the parties if we want to be around as a country in another hundred years!

None of us know how to get along together to make Sh** happen!

reply to post by RELDDIR

Agreed on the liberal professors. It's unbelievable. I've had good experience at my college but it's a community college. Different class of student (generally) and faculty from the 4-year's.

When I was with Occupy in St Louis though we had visiting academics and such doing mini-lectures for the Occupy people and whoever was around. There was one from the University of Illinois across the river and I stayed to listen to the first 1/4 or so. He was going on about borderless worlds and how we'd all just go into a common currency and life would be grand under something that sounded suspiciously like a few other systems of Government we've watched utterly fail in the last couple decades.

Anyway... What blew me away and why I just walked away from his little 'class' was where he got to talking about how we had over around a trillion in actual debt with China and Japan each (which was true then) yet were running deficits and a debt that can't be fathomed anymore. I asked him, given his borderless concept, just how all the debt the United States now owed other nation's should be handled and how could that all be made right before going to this borderless system??

He looked at me, dead serious and sincere and told me it would all be forgiven. It would have to be and that's just how it was going to have to work. He wasn't rude, but matter of fact and turn turned back to his lecture on the People's Utopia crap he was spewing to the kids. I figured it I didn't have anything nice to say...and all that.

That was a full blown professor though....Occupy had invited him specifically, I learned later.

He's teaching kids in college courses that silly nonsense... It's no wonder we're falling apart. His WHOLE philosophy could be summed up by saying simply "We'll run the credit cards until the company orders them torn in half...then declare bankruptcy and everything will be fine!"

reply to post by Djayed


I agree with you

Originally posted by RELDDIR
Take an ECONOMICS COURSE at ANY COLLEGE, and I mean ANY COLLEGE. If you can find an ECONOMICS DEPARTMENT at a major college that is conservative. I'll admit I'm wrong and never post on ATS again.

That's going to take a lot of research RELDDIR.....but to throw out a guess, you might find one in: Texas, South Carolina, Alabama, Florida, and North Georgia or South Georgia (Excluding Atlanta).

LOL

You're gonna turn me into a troll then. LOL

Originally posted by RELDDIR
Take an ECONOMICS COURSE at ANY COLLEGE, and I mean ANY COLLEGE. If you can find an ECONOMICS DEPARTMENT at a major college that is conservative. I'll admit I'm wrong and never post on ATS again.

In fairness on that one...it depends on where you're at. If you say that in Chicago or New York? I don't know..you may be 100% correct. I know that isn't the case here though and we have a 4-year as well as a half dozen other colleges. Plenty to choose from. lol..... Then again, I'm not being fair when this part of Missouri is about as Red as a ripe Tomato and I doubt even Truman met with people's approval around here.

Originally posted by RELDDIR
reply to post by jimmyx

 

JimmyX, It's convenient to blame isn't it? Obama is The President. It's his ECONOMY, not the Congress. We can also say the same under Bush, with the DEMOCRATIC MAJORITY in Both Houses of CONGRESS, unemployment was much higher!

yes, it is easy to blame the republicans, their legislation or lack of it is documented, it is not an opinion...you blame Obama, when you know only the congress can write laws....the president can veto them or sign them into law...that's it...so yes i blame the republicans...striaght up and loudly, and if you don't like it...that's your problem

Originally posted by RELDDIR
Obama Didn't Keep His Promise That Unemployment Would Be Under 8% After 4 Years, So Why Should We Re-Elect Him?

since romney has most of the economic and political team as george bush had during his reign...it makes the choice pretty easy for me