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Romney Heads to Denver After Dodging Record in Economic Deba

Daily newsbrief journal for October 2007, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Romney Heads to Denver After Dodging Record in Economic Deba

Postby admin » Sun Jan 29, 2012 9:38 am

Romney Heads to Denver After Dodging Record in Economic Debate« Thread Started on Oct 13, 2007, 4:13pm » --------------------------------------------------------------------------------Romney Heads to Denver After Dodging Record in Economic DebateOctober 10, 2007 Washington, DC - One day after trying to smooth talk his way through yesterday's Republican presidential candidate debate, Mitt Romney is back in Colorado for a fundraiser today. While the CNBC debate should have been an opportunity for the Republican White House contenders to outline their economic agendas, Romney spent his time trying to avoid discussing his real record on economic issues. From misleading voters about his own dismal economic record as Massachusetts governor, to trying to hide his tax-raising record and running from his health care plan, Romney was desperately trying to hide the fact that all he offers voters is more of the same failed Bush policies. Instead of defending his actual record and previous positions on economic issues, Romney joined the rest of the Republican candidates in fighting to be the best Bush Republican in the field. No wonder a leading commentator declared that Romney "fell on his face" during a debate performance that stands in stark contrast to his efforts to portray himself as a CEO candidate and business leader. [Politico.com, 10/9/07]"While smooth talking Mitt Romney was working overtime trying to run from his record, last night's debate was a reminder that all he has to offer is four more years of President Bush's failed economic policies," said Democratic National Committee spokesman Damien LaVera. "The American people more of the Bush economy, they want real solutions on critical economic issues like out of control health care and energy costs, record unemployment and job losses." Mitt Romney's Real Economic RecordWEAK ECONOMY: Economic Performance During Romney's Tenure as Mass Governor Was "One of the Worst in the Country." According to economists at a Northeastern University, an analysis of the Massachusetts economy "reveals a weak comparative economic performance of the state over the Romney years, one of the worst in the country." [Boston Globe, 7/28/07]LOST JOBS: Massachusetts Lost 10,000 Jobs During Romney Administration Watch. Romney oversaw a net decrease of more than 10,000 jobs in Massachusetts. [Boston Herald, 2/21/07]INCREASED SPENDING: Gov. Romney Increased Budgets Each Year. The Romney administration proposed four budgets while in office: covering fiscal years 2004-2007. Each budget increased spending over the previous year. The administration's FY 04 budget called for $23.270 billion in funding. The administration's FY 05 budget called for $24.514 billion in funding. The administration's FY 06 budget called for $25.097 billion in funding. And the administration's FY 07 budget called for $26.882 billion in funding. [Massachusetts Taxpayers Foundation, 6/23/03, 6/704, 6/10/05, 6/22/06]FLIP-FLOPPING ON CAPITAL GAINS TAX: Romney Supports Tax Cut He Once Mocked as Cut for Fat Cats. In 1996, Mitt Romney ran ads against Steve Forbes' flat tax plan, saying he "will not support a specific proposal unless it taxes investment income." Romney's ads asserted that the Forbes plan to eliminate taxes on dividends, interest and investment profit and institute a 17% tax on wages that would result in huge tax cuts for the "Kennedys, Rockefellers, and Forbes." The ad said, "It's a tax cut for fat cats." [Boston Globe, 1/21/96; Hotline On-Call, 3/28/07]RAISING TAXES AND FEES: Earned Nickname "Fee-Fee" For Raising Taxes and Fees. [Associated Press, 8/28/07] Boston Globe reported, "A survey of states grappling with spending crises has found that Massachusetts imposed more fee hikes than any other state in the nation this year -- at least $500 million…The study by the National Conference of State Legislatures found that Massachusetts was one of 30 states that enacted fee increases this year…Of the 30 states to raise fees, only nine [brought] in $100 million or more from those fee hikes. Massachusetts reported $501.5 million in fee hikes." [Boston Globe, 7/24/03] RAISING PROPERTY TAXES: Romney Forced Hike in Local Commercial Property Taxes. According to Associated Industries of Massachusetts, the state's largest business group, Romney signed a measure that allowed local officials to raise the commercial property tax rate, which cost business owners $100 million. Romney's cuts to local aid forced Massachusetts property taxes to their highest level in 25 years. [Quincy Patriot Ledger, 12/16/05; Boston Globe, 10/24/05]RUNNING FROM HIS HEALTH CARE PLAN: Old Romney: an "Early Proponent" of Two Elements of Governmental Power in Massachusetts Plan. Romney was also an early proponent of two governmental elements of the Massachusetts plan: the requirement of all individuals to have insurance coverage, and the Commonwealth Health Insurance Connector Authority, which offers new forms of both subsidized and unsubsidized insurance policies. "Both ideas were wise uses of governmental power," asserted the Globe. However, Republican primary voters would rather hear talking points denouncing "mandates and restrictions and regulations" in health care, nor are candidates acknowledging that "federal, state, and local governments control 45 percent of heath care spending, hardly the makings of a free market." [Boston Globe, 8/23/07]###
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