GOP Candidates Bluff As Deficit Hawks
March 4, 2012 § 3 Comments
Since Obama took his inauguration, Republicans have claimed the number one issue was the deficit and economy. Regardless of the previous 8 years of deficit-funded spending, Obama, now, was the reason for the nation’s debt. Anyone with a brain knows for a fact this is false.
When Bush entered the office, we had a $125 billion surplus (p. 22, 23). Then he doubled the deficit totaling it out to $10.6 trillion upon leaving office; now this number stands at almost $15 trillion under Obama.
Anyone who watches the debates is aware of the candidates fierce rhetoric.
The GOP candidates pose as deficit hawks but the nonpartisan Committee for a Responsible Federal Budget published a report Thursday showing otherwise:
Rick Santorum adds $4.5 trillion to the debt and leaves debt levels at 107% of the GDP (p. 30).
Ron Paul reduces $2.2 trillion to the debt and leaves debt levels at 76% of the GDP (p. 19).
Newt Gingrich adds $7 trillion to the debt and leaves debt at 114% of the GDP (p. 14).
Mitt Romney’s original tax plan adds $250 billion to the debt and leaves debt levels at 86% of the GDP (p. 25).
Consider this when voting.
Of course 3 of the candidates have responded to the report saying the CRFB report does not take into account the expected economic growth after their tax cuts but one should be smarter than this. Even Gingrich’s team claims their plan will add 6.6 million jobs, not to mention his energy plan that will supposedly lower gas by $2.50 a gallon.
If 3/4 of the candidates tax policies will crash the economy, how can they claim to care for the deficit?
I believe this–and not Rush Limbaugh–deserves much more discussion but of course that would asking too much from MSM.
Newt Gingrich put it best when asked about Limbaugh’s “slut” comment:
“I am astonished at the desperation of the elite media to avoid rising gas prices, to avoid the president’s apology to religious fanatics in Afghanistan, to avoid a trillion-dollar deficit, to avoid the longest period of unemployment since the Great Depression and to suddenly decide that Rush Limbaugh is the great national crisis of this week.”
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