Meanwhile In Bizarroworld

by digby

Here's Mitt Romney's "economic plan" (also known as John Galt's wet dream):



•Repair the stimulus. Freeze the funds that haven't yet been spent and redirect them to immediate, private sector job-creation priorities.[More money for me and my friends!]

•Create tax incentives that promote business expansion and hiring. For example, install a robust investment tax credit, permit businesses to expense capital purchases made in 2010, and reduce payroll taxes. These will reignite construction, technology and a wide array of capital goods industries, and lead to expanded employment.[More money for me and my friends!]

•Prove to the global investors that finance America's debt that we are serious about reining in spending and becoming fiscally prudent by adopting limits on non-military discretionary spending and reforming our unsustainable, unfunded entitlements. These are key to strengthening the dollar, reducing the threat of rampant inflation and holding down interest rates.[Less money for sick and old people. And that means more money for me and my friends!]

•Close down any talk of carbon cap-and-trade. It will burden consumers and employers with billions in new costs. Instead, greatly expand our commitment to natural gas and nuclear, boosting jobs now and reducing the export of energy jobs and dollars later.[More pollution and global warming for everybody!]

•Tell the unions that job-stifling "card check" legislation is off the table. Laying new burdens on small business will kill entrepreneurship and job creation.[Less money for working people and more money for me and my friends!]

•Don't allow a massive tax increase to go into effect in 2011 with the expiration of the 2001 and 2003 tax cuts. The specter of more tax-fueled government spending and the reduction of capital available for small business will hinder investment and business expansion.[Much, much more money for me and my friends!]

•New spending should be strictly limited to items that are critically needed and that we would have acquired in the future, such as new military equipment to support our troops abroad and essential infrastructure at home.[Unlimited money for my friends in the defense industry!]

•Install dynamic regulations for the financial sector – rules that are up to date, efficient and not excessively burdensome. But do not so tie up the financial sector with red tape that we lose a vital component of our economic system.[Tons more money for me and my friends!]

•Open the doors to trade. Give important friends like Colombia favored trade status rather than bow to protectionist demands. Now is the time for aggressive pursuit of opportunities for new markets for American goods, not insular retrenchment.[OMG. So much money for me and my friends!]

•Stop frightening the private sector by continuing to hold GM stock, by imposing tighter and tighter controls on compensation, and by pursuing a public insurance plan to compete with private insurers. Government encroachment on free enterprise is depressing investment and job creation.[Oh Jesus...]


If you think the US will be improved by quickly completing its transition into a banana republic, this would be the plan you'd like.

And, by the way, this is the guy who virtually everyone thinks is the only one who the Republicans could choose for 2012 who has a chance to win.


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