As a business man, Romney most certainly would not invest in a new factory to make a product for which there is already an over supply, not enough customers, and many idle factories that could produce that product. Apparently he thinks we are stupid enough to think that is the way businesses are run.
It’s about time someone started attacking Romney’s insane ideas. I know his plan has been out for less than 24 hours, but the rebuttal shouldn’t be delayed 1 minute. Of course, it is my fault for waiting until Wednesday to post this item that happened last night.
The Rawstory article Robert Reich tears down Mitt Romney’s ‘job machine’ introduces the video below with this description.
University of California professor Robert Reich appeared Tuesday night on MSNBC’s The Last Word to discuss Republican presidential candidate Mitt Romney’s job plan. The 59-point plan calls for tax cuts, cuts in the federal workforce and rollbacks in environmental, health and banking rules. Romney called his plan, “A job machine.”
Robert Reich’s call, in the video, for $500 trillion in spending this year must be a slip of the tongue. I am sure he meant $500 billion. There are reports that President Obama will call for $300 billion. He’ll be luck if the Republicans allow $100 billion, and they will insist on offsetting spending cuts. When this totally inadequate effort does not work, they will claim this proves Obama was wrong and that stimulus doesn’t work. Pretty clever ploy, huh?
This is not a dumb ploy on the Republicans’ part, because it always seems to work for them. What is dumb is Obama falling for it once more without making any effort to counter it.