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Friday, October 28, 2016

Who’s Up Today? Romney and Obama Break Even.

Was This Mitt’s Day?

Polls of Polls Change Who’s Up
Real Clear Politics
Talking Points Memo PollTracker Romney
New York Times

Yesterday, I assumed that today would be Mitt Romney’s day. All the indications were the jobs number would disappoint and Mitt would seize the opportunity to bash the President. But the jobs number blasted past expectations while the unemployment ticked up in the hundredths’ place. Romney gave the speech he’d had written for disappointing numbers and called the report “another hammer blow to the struggling middle class families of America.” It was hard to make this case as stocks soared, buoyed by the report and news that the European Central Bank may take steps to lower short-term borrowing costs in Spain and Italy.

The report was a non-event, says Nate Silver of the New York Times, which is good news for the President.

Politically, the status quo appears to favor President Obama. If the election were held today, he would have a 77 percent chance of winning the Electoral College, according to our forecast model’s “now-cast,” although the victory would almost certainly be by a slim margin — possibly even a victory in the Electoral College that is not reflected in the national popular vote.

It certainly could have been much worse for the President.

Mitt’s still talking tax returns

Yesterday, Romney told Senator Majority Leader Harry Reid to “put up or shut up” regarding his claims that Romney hadn’t paid taxes in a decade. It was a strange turn of phrase as only Romney has the evidence to shut up Reid. Romney also declared his intention to only release two years of taxes before the election. Is this a tenable position for Romney? Republican rep. Walter Jones doesn’t think it’s going away.

Mitt loses the Chick-fil-A vote?

Today Romney said that the Chick-fil-A controversy was “not a part of my campaign.” This alienated some social conservatives who saw the show of support for the restaurant as a positive sign for the right in the upcoming election.


Attacks on Mitt’s Tax Plan Substantiated

The Obama campaign’s assertion that Romney’s plan would raise taxes on 95% of Americans was validated by The Washington Post’s Fact Checker Glenn Kessler. This hasn’t stopped the Romney campaign from its strategy of “Deny, Distract, Dissemble,” says The New Republic’s Jonathan Cohn.

Verdict: There’s no denying that it has been a good week for the president. But any day when we’re talking about the economy and the unemployment rate is over 8%, it’s probably good for Romney. But the case that Mitt is the savior the economy needs is getting hard to make.

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  • Romney violated one of the GOP cardinal rules: never provide specifics. When he presented his tax plan, which includes the elimination of the mortgage interest deduction, he killed his candidacy. Americans may be influenced by cheap political rhetoric and we often make horrible decisions, but we know when somebody is picking our pockets. Romney’s proposal is not going to get him very far with middle class Americans. He screwed up big time.

    • rmarqua2921

      Hopefully soon the middle class will wise up and see what will be in their best interest come November!

  • TheOldNorthChurch

    But Obama Campaign keeps giving these gifts to the Romney campaign???

    In a move that could have an impact on the final result of the presidential election, Barack Obama’s campaign has sued Ohio to block a measure which extends early voting for members of the military.

    Where is the Rasmussen Poll numbers?

  • madbrock

    Don’t be fooled by Romney’s statements that he has paid taxes every year. Have you noticed that he never uses the word “income” tax in those statements? Everyone I know pays taxes; ie; sales taxes, property taxes, taxes on licensing, etc., etc. O.K. Mitt, now tell us the truth. What have you paid in income taxes the past ten years? I am sure it is a big round zero.

  • bigspender7

    Romney is smart not to get into bed with the birthers and evangelicals. They aren’t going to vote for Obama anyway and he doesn’t alienate more moderates. No one should think that Romney is stupid because he isn’t. He just doesn’t believe in integrity or ethics.

  • Well, I am not at all surprised. I am surprised by Dominck Vila´s statement that Romney actually presented a tax plan which includes elimination of mortgage interest deduction- which would cause a lot of middle class families to go declare chapter 11, and further paralyze the crippled housing market. If that is a part of the Romney tax plan, he has no hope of ever being elected… too many middle class people would be negatively effected by that.

    Mitt is in the pocket of the oil industry independents who do not want to see any kind of build out in renewable energy because that would kill their profits.
    Democrats have to cut deficits and government fossil fuel and energy consumption. Now here is a different proposal for the Democrats to kick around.
    E-TALLY – Eco-Tax As Li1uid Leveraged Equity. It works like this- levy an across the board 2 percent eco-tax on energy sources powered by fossil fuel- gasolene, diesel, aviation kerosene, nat gas, and electricity generated by fossil fuels.
    Re-establish a parallel public banking system. (Actually started by Republicans during the civil war to finance the Union War effort- privatized in 1913 under Woodrow Wilson. – At a Federal, State and Local level.
    Leverage the eco-tax on a 1 to 10 basis- through those parallel public banks. Issue low interest loans on those leveraged eco taxes at less than 1 % interest rates to:

    1. forward finance the production set up, production, and installation of a broad synergy of energy efficiency- reneweable energy measures – dedicated to cutting fossil fuel consumption by 10% p.a.
    2. instate a nationwide 10% V.A.T. which discourages outsourcing jobs to foreign countries.
    3. raise corporate income taxes, but allow for deductions for uprading productive capital investments like energy efficient production lines, coupled co-generative chp production lines etc.
    4. Try again to divert 5% of the national fuel taxes away from road building to re-building railroads, light rail commuter systems, subways and commuter bus systems which also slash fossil fuel consumption.

    That would create a 400 billion per annum boom in sustainability… and return taxes to state, local and federal governments at a rate of about 4 dollars for ever eco tax dollar going into the leveraging system- cutting deficits at local, state, and national levels.

    E-TALLY- taking a 19th century Republican solution for financing the civil war (devised by Henry Charles Carey, the economic advisor to Abraham Lincoln- ) to meet the massive ecological and economic problems of the 221st century.

    A higher volume E-TALLY (c) 2010, Kent Doering, Munich, is currently under discussion in the European Common Market Countries which do have parallel public banking systems copied after the U.S. System which was privatized under President Wilson in 1913. it is certainly much saner than eliminating mortgage interest deductions which will kill any housing market rebound in the U.S..