LOL Of The Week: Mitt Romney, Psychic Fact CheckerSeptember 16th, 2012 9:35 pm @LOLGOP
After running through nearly every possible way to embarrass himself on foreign policy, Mitt Romney must have been eager to return to reminding voters how out of touch he is with average Americans on the economy.
In a interview aired Friday morning, ABC’s George Stephanopoulos attempted to get Mitt to provide some clarity about his plan to cut taxes on the rich without really cutting their taxes or increasing the deficit. Stephanopoulos pointed out that a study Mitt cited actuallyy says his plan would only be “deficit-neutral” if he eliminates most deductions for anyone earning $100,000 a year or more.
Mitt responded that his plan would not raise taxes on “middle income people.”
“Is $100,000 middle income?” Stephanopoulos asked.
“No, middle income is $200,000 to $250,000 and less,” the former governor of Massachusetts said.
And the Internet went wild. Romney thinks middle income is $250,000 a year! I wish. Of course he thinks that. He makes more than that from speeches and considers it couch change. You can’t even build a decent car elevator for $250,000.
Of course, nearly 96 percent of Americans earn less than $200,000-$250,000 a year — the amount both major parties typically use to define as the lower bound of a “rich” American’s income. Romney is tone deaf, of course, but the outrage that ensued actually helped him mask the lie at the heart of what he was saying.
Romney believes that he can cut taxes on the rich in a way that is deficit-neutral because of that same old Republican bull-produced magic: Namely, “the voodoo economics of the Reagan era, the wishful thinking of President George W. Bush’s 2001 and 2003 tax cuts that helped turn a surplus into the deficit now weighing the nation’s economy,” as the Washington Post editorial board said.
It was a lie when Reagan and Bush sold it. And now it’s a twice-proven lie that Romney is still selling. The difference is Bush and Reagan ran on their tax cuts without pretending that the rich wouldn’t be paying lower rates (they just pretended that somehow this would benefit the middle class). As Bill Clinton said, “It takes some brass.”
Romney could open a brass mine with what he said later in the same interview when addressing the forthcoming debates: “But I think the challenge that I’ll have in the debate is that the president tends to, how shall I say it, to say things that aren’t true.”