Mitt Romney's WSJ Article on What He Learned At Bain Capital

[damngrumpy]

Its already nuts, The problem is an election is not about facts or figures its about the
perception that is created when they define each other. The problem for Romney is
he can't win the States he needs to garner enough electoral college votes.
People perceive him to be a nasty little man who would turn on America like he has in
the past. Electing him would be like electing Rip Van Winkle.

 

[EagleSmack]

Its already nuts, The problem is an election is not about facts or figures its about the
perception that is created when they define each other. The problem for Romney is
he can't win the States he needs to garner enough electoral college votes.
People perceive him to be a nasty little man who would turn on America like he has in
the past. Electing him would be like electing Rip Van Winkle.

Well yeah it's a little nuts but this is nothing compared to what would happen in here if Romney wins. I was around when Bush beat Kerry. Yikes what a morning after!

And don't cut Romney out just yet. He sure can win those battle ground states. This race is far from over.

The Democrats may even lose the Senate. Losing all of Congress is a fate much worse than losing the Presidency for Democrats.

 

[Tonington]

Another gaffe from Mittens. Apparently someone who earns $250,000 a year is in the middle class income bracket:

GEORGE STEPHANOPOULOS: But his study, which you’ve cited, says it can only work if you take away those deductions for everyone earning more than $100,000.

MITT ROMNEY: Well, it doesn’t necessarily show the same growth that we’re anticipating. And I haven’t seen his precise study. But I can tell you that we can lower our rates–

GEORGE STEPHANOPOULOS: Well, you cited the study, though.

MITT ROMNEY: Well, I said that there are five different studies that point out that we can get to a balanced budget without raising taxes on middle income people. Let me tell you, George, the fundamentals of my tax policy are these. Number one, reduce tax burdens on middle-income people. So no one can say my plan is going to raise taxes on middle-income people, because principle number one is keep the burden down on middle-income taxpayers.

GEORGE STEPHANOPOULOS: Is $100,000 middle income?

MITT ROMNEY: No, middle income is $200,000 to $250,000 and less. So number one, don’t reduce– or excuse me, don’t raise taxes on middle-income people, lower them. Number two, don’t reduce the share of taxes paid by the wealthiest. The top 5% will still pay the same share of taxes they pay today. That’s principle one, principle two. Principle three is create incentives for growth, make it easier for businesses to start and to add jobs. And finally, simplify the code, make it easier for people to pay their taxes than the way they have to now.
​

Median household income in the US is just a touch over $50,000. And Mittens is plainly out of touch.