Well. This is what I did. I took your thread title, I put it into Google.
First link.
Jobs and Economic Growth | Mitt Romney for President
Well, let's look at that, then.
Taxes: Substantially lower taxes for rich people and corporations, plus a little bit for everyone else.
Regulations: Repeal everything done since 2009. Lessen environmental regulations. Remove funding from regulatory agencies and remove liability from those who violate regulations.
Trade: Make it easier to do business in other countries. Create token digs against China while continuing to do all of our manufacturing there.
Labor: Weaken unions so that that laborers can...? Be paid less? Be fired more easily? Oh, but he's going to make sure that unions can't spend their dues on political advertising.
Human Capital: As if the term itself wasn't kind of insulting... Retraining programs to help people qualify for new jobs when they lose their old ones. Hey, this one sounds good. Not that there's any details, but it's a start. Make it easier for talented foreigners to stay in the country. I agree with this one, too. It just seems contradictory to the America-centric view that Republicans tend to espouse.
Spending: Um... A whole lot of conditional cuts to spending, based on the economy already recovering. But also un-cutting the military budget. And making sure that no more military cuts can happen, while simultaneously making other cuts to unspecified locations. But then, specifics! Repeal Obamacare! Privatize Amtrak. Who cares how many people rely on it, all that matters is if it makes a profit. Screw the arts, Planned Parenthood, and foreign aid. That last one might be okay, but all of his dollar amounts are unsubstantiated guesses with little basis in reality.
Then, addressing block grants to states. Make sure they don't have to spend those grants on retraining (which he was in favor of a little earlier, but now wants to cut), and Medicaid.
Reduce waste and fraud. Sure, sounds good. But waste is somewhat subjective. No specifics? What a shame. Salary cuts for federal employees. So, more middle class people will make less money. How does that help? Plus fire 10% of them. Aren't we in an unemployment crisis? How does firing people help?
So, there's Romney's policies. Most of them won't actually help. More welfare for the rich and corporations. More shipping jobs overseas. Weakening unions so that workers can be paid less. More military spending, but less spending on healthcare and education. And then pay federal employees less and fire a bunch of them. How is any of this going to put more people in jobs that pay enough to keep them in the middle class? How is any of this going to actually reduce our debt? How are fewer middle class people earning incomes and paying taxes, and less tax revenue from the wealthy and corporations making all the profit from that middle class work going to raise us any more revenue to pay it off? Especially if we're really not going to be spending any less because we'll put the money we're saving by not keeping people healthy and educated and put it into the military instead.
Most of these are vague and nonspecific, and most are nothing more than Fox News talking points. His numbers are made up, and other than the two big ones "Repeal Obamacare - $95 billion", and "Empower States to Innovte - >$100 billion", the rest add up to about another billion. We have SIXTEEN TRILLION to pay off. Even if Romney's nonsensical numbers add up, his plan only saves around 200 billion. The rest of his savings come from reducing "waste and fraud" (yay, specifics!) and paying federal employees less and firing a bunch of them so we can pay them nothing. So we save money by having more people be unemployed, and thus paying no income tax? I don't understand that one. Supposedly we save 58 billion by firing people and making them take pay cuts. So our total is a little bit above 300 billion. Out of sixteen trillion. With substantially lower revenues and more military spending. Sounds like we'll be lucky if we break even.
So in total, Romney also wants to lay off workers, spend more on the military, and further reduce revenue by substantially cutting the taxes on the rich. So a lot of that 300 billion is just going to disappear with lowered revenues, going to buy more state of the art airplanes that we won't use, or go into the pockets of the upper class. So we won't actually get any money set aside to pay off debt.
Yeah, some plan.
