Romney’s 25 Years Means Nothing to Me

Am I being too simple if I point out that Romney’s ability to balance the budget of a financial firm which made huge profits buy buying, destroying, and selling pieces of other companies has nothing to do with balancing the budget of a government which, in theory, is not actually supposed to sell any product or make any profit from its customers?

Bain capital had a large pot of money and was able to decide how to spend it in order to make more money. Romney did a good job with that. If you gave me a big pot of money and told me to buy companies, fire employees, and sell the remains, I wouldn’t be able to do so with such efficiency and effectiveness.

But the U.S. Government doesn’t have the option of only putting its money into profitable ventures. We can’t just say, “You know, the Coast Guard (or the FBI or FAA, etc) isn’t really returning much of a profit, so let’s just fire all the personnel and sell off the assets.” Running a government is about providing the most important services with the available resources so your customers can flourish. It’s not about making the most money from your customers so that you can flourish.

There are no actual facts to support Romney’s economic plan. Romney’s proposal doesn’t add up when analyzed by experts, he makes the rather bizarre promise that he’ll cut taxes but also cut loopholes to make his plan revenue neutral, he falsely claims that six studies support his plan, and he refuses to answer questions about which loopholes he’ll close.

We only have Romney’s assurance that he knows how to balance a budget because he’s been balancing budgets for 25 years. Millions of Americans have also been balancing budgets year after year, with more pressure and tighter margins than Romney ever had to juggle. Mitt Romney’s 25 years of balancing budgets means nothing to me. I want him to stop dodging questions about his plan and explain why the Tax Policy Center and the Joint Committee on Taxation say his plan doesn’t add up.

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