MITT ROMNEY: HOW DIFFERENT WOULD HE BE FROM GEORGE W.BUSH? ROMNEY WOULD BE BUSH III. Romney Has No Personal Record OF Achievement To Run On So He Has To Attack Obama.
ROMNEY AND BUSH: PUBLIC ENEMIES ONE AND TWO
Mitt Romney doesn’t talk much about George W. Bush in fact he would like us to forget about the “Compassionate Conservative” who nearly destroyed the financial system of the country with his leadership. Nothing is said about the Bush who led us into two wars one in Afghanistan and the other in Iraq which many politicians and scholars think was unnecessary. Iraq left behind over four thousand dead and thousands of others scarred, brain damaged and debilitated for life. This doesn’t include civilian deaths and casualties which still continue in Iraq.
The Bush that believed in American supremacy so much so that we didn’t care or need the support of allies in foreign policy matters is never mentioned. (Romney thought so highly of this policy he named his recent book “No Apology” meaning no apology to foreign allies for not consulting with them on major decisions.) No mention is made of the the Bush who believed in a small regulatory government, a huge defense sector and that Medicare and Social Security should be matters for private sector investment . (After the recent bond market collapse one could guess where the retirement of millions of Americans would be if Social Security was allowed to privatize.)
Bush did expand prescription drugs for seniors to the great joy of the pharmaceutical companies. It was such a great idea that many congressional insiders rushed to buy pharmaceutical stocks so one wonders who really benefit from this. When Bush left office there were wars still raging in Iraq and Afghanistan, the National Debt which was nearly nonexistent when he took office was in the trillions of dollars, the highest it has ever been and of course an economy in collapse.
Would a Romney government be any less of a disaster, answer no. Romney believes in the same principles as Bush. Despite all the parsing on issues in the primaries and now as the general election heats up Romney is still fundamentally on the same page as Bush. There may be slight differences in degree but we would get the same policies and the same cadre of loyalist Republicans now stowed away in conservative think tanks or in industry to serve in the cabinet and other appointed government positions.
Like Bush, Romney is for small government (translate as small regulatory government.) There would be light regulation of Wall Street under Romney just it was under Christopher Cox, Bush’s appointee to the chairmanship of the SEC. Thus there was no one to put the brakes on to stop the last financial bubble. The Federal Reserve under the chairmanship of Republican and freemarketeer, Greenspan while not under the control of Bush but appointed by him, refusing to use the Fed’s power to curb mortgage lending while subprime lending and securitization went beyond all rationality.
Romney is already on record in his primary speeches and his book that he would take the government back to the Bush years which enriched the top 20% the expense of the bottom 80%. Romney is one of those who benefited amassing wealth of two hundred twenty million dollars while paying income taxes of 15% or less while salaried working people paid in the vicinity 0f 30% or more.
He cites his business experience at a hedge fund as somehow making him more qualified to make the economy run more efficiently. Yet his work at buying and restructuring companies usually meant the loss of jobs in balance over his hedge fund career. Further when judged against other hedge fund managers like Paul Singer, Ray Dalio, James Simons, Carl Icahn, Steve Cohen or David Shaw he looks like Mickey Mouse and we haven’t even come near the likes of Warren Buffet or George Soros. He has no record to run on as a superb business man. He was a subpar business man
Romney doesn’t talk about his four years as governor of Massachusetts except to deny that Romney care, the model for Obama’s affordable health care are the same in principle. He really has nothing to talk about as governor except the health care plan that the Massachusetts Legislature created and enacted and he signed reluctantly.
When he was governor of Massachusetts employment was the worst of the fifty states. Business activity was down and economically the state went bankrupt in that there were budget deficits. Romney has no record to run on as governor. Many of the same policies he favored for Massachusetts would now be applied to the federal government. One guesses he learned nothing from his experience as governor except.
Less government, but huge defense,
Deficits don’t matter (Reagan proved this. [lol]),
The bigger the military the better to solve problems with force and loss of life (somebody else’s rather than his or his family) rather than diplomacy.
Lower taxes for the wealthy so they can create jobs,
Eliminate social welfare plans like Social Security and Medicare as they are a drag on a free economy.
Tighten up voter rolls so less people can vote or are afraid to vote and those that do vote are more likely to be wealthy thus reducing the level of democracy,
Get rid of immigrants (they don’t vote anyway),
Let students fund their own education like he never did,
Military service, that’s for someone other than himself or his family but extol patriotism as if he or his five sons fought and won in Vietnam, Iran and Afghanistan.
Does this sound like the policies of BUSH II?