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The Mitt Romney Problem

The 2012 election is approaching us quickly and the Republicans are left with few decisions on who their candidate will be to go against President Obama in a few short months. Potential candidates have been knocked down left and right, from wacky religious Santorum to Pizza CEO Herman Cain. The 2012 election has brought the oddest group of Republicans to face off in quite a few years, and Republicans themselves are finding it hard to stomach Mitt as their potential candidate. Mitt has always been the "2nd choice candidate". People have been looking for an alternative since the race for Republican presidential candidate has begun. Former Governor Romney has less than a 50% approval rating amongst voters, at an all time low of 35%. This low approval rating along with Mitt Romney's past and previous initiatives will leave him a sitting duck for Obama to pick off. One of the things hanging over Romney's campaign is how he left his dog on the top of his car during a road trip. Frightened to death the dog pooped himself and Romney sprayed him with a hose and stuck him back in the cage. Mitt's problems don't just bar over his personal life, but also his political one. Mitt was credited by President Obama for his work with the healthcare law passed in Michigan that Republican pundits have pointed out, is almost the exact as President Obama's healthcare law or "Obama Care". The law harshly and blindly attacked by Republicans for being a Socialist one that would "Kill Americans". Mitt was never the Republican party's first choice and doesn't look like their current one. When November rolls around, and Republicans still aren't happy with their candidate, it will show in the polls.

Farmers mad about New Immigration Law say "It just isn't working out"

Straight from the horses mouth folks.

Among other things, the law requires police to check the immigration status of suspects and turn illegal immigrants over to federal authorities. It requires school officials to demand birth certificates from students enrolling for the first time, though the schools may not turn students away. It forbids illegal immigrants to engage in business transactions with state government. 

-LA Times

Deficit Distortion

The Deficit, a fact America will have to live for a long time. Since President Obama was inaugurated in 2009 the Deficit has somehow become the #1 priority for Republicans and "Tea Bagger's" alike. The one huge thing you hear thrown around a lot by Republicans is that "President Obama has added more to the deficit than all other President's combined" As most recently my 12th grade ceramics teacher (kinda tells you why hes not a Econ or Government teacher). This statement is flat out false. At the end of President Bush's term the debt stood at $10.627 trillion, and as of May 2011 the debt stands at $14.345 trillion an increase of $3.411 trillion, or 35% of the previous accumulated debt. No where near 100%+. You may also hear that President Obama "apparently by himself" has added $4.000 trillion to the national debt. This is also false and inaccurate and a clear example of the Deficit distortion.

The graph released by Center for American Progress based of reports and statistics by the CBO, shows that 40% of our national debt is caused by Bush's policies including tax cuts for the wealthy, Bush's 2 wars and his drug plan. 20% be will accumulated because of the economic downturn, 12% is financial rescues begun by President Bush, and 16% is there because of Policies enacted by President Obama. Some might say some of President Bush's debt is also Democrats since Democrats took control of the house in 2007. This would also be misleading. During President Bush's term he only vetoed 12 bills, only one was before Democrats took office in 2007, meaning Bush never vetoed a spending bill in 6 years but vetoed 11 spending bills in 2 years. One small point I would like to make is that if a Republican was never "elected" (later to be found out Al Gore won in 2000) and President Clinton's policies which created 23 million jobs, without raising the debt; we would have a $0.00 deficit for the fiscal year 2011 and money in the bank.

The graph above shows what the next 10 year's of our deficit will be attributed to.


Sources: Politifact.com / Mediamatters.org

Five Facts:

• The current administration along with the congress has only added 35% of what the previous accumulated debt was.
• More than 60% of the current debt added can be accounted to the Bush administration.
• No spending bill before 2007 was vetoed by President Bush.
• If a Republican was never elected in 2000 we would have a $0.00 deficit.
• President Obama only passed the bush tax cuts so that people making $249k or less could receive tax cuts. 

Pass This Bill!

The first Jobs bill in America since Republicans won the vote for the House in November, and it's not from Republicans. Remember the good ol' days when Republicans chanted "jobs, jobs, jobs!" during the last November election, as well as clearly saying the first thing they would do is create jobs. And remember when we found out that the only job they were worrying about was President Obama's? And when they passed almost 1000 bills acquainted to abolishing women's rights? I especially love the part were they had not passed or even written one bill pertaining to jobs. This 2011 jobs bill is the Democrats plan to create jobs throughout America, for Americans. Now you might be asking yourself "Why wouldn't Republicans want to create jobs" The simple answer is how President Obama will receive the $447 billion for this bill. Cutting tax breaks for oil and coal company's, cutting tax breaks for family's making $250k or more a year, and ending tax loopholes for corporations. Republicans like to call this "tax hikes" but nowhere does it call for taxes to be raised, it only calls for tax cuts implemented by former President Bush to be ended. The bill includes tax cuts for small businesses that create jobs here in America, and more money for consumers to spend. It also includes deficit reduction in the years to come. Even the CBO said that President Obama's jobs bill will create jobs and resurrect the economy from the roller coaster its been on since 2007 when President Bush crashed the economy by deregulating the housing market to the stock market. All I can say is Pass This Bill!!

                                                                  CBO Director  Doug Elmendorf