Subject: Romney Economics: It Didn’t Work Then And It Won’t Work Now

[jaxx]

MEMORANDUM TO INTERESTED PARTIES
From: David Axelrod, Obama for America Senior Strategist
Date: May 30, 2012
Subject: Romney Economics: It Didn’t Work Then And It Won’t Work Now

Ten years ago, Mitt Romney told the people of Massachusetts that his experience in business uniquely
qualified him to strengthen the state’s economy. Foreshadowing the message of his current campaign,
Romney presented himself as a “job creator,” whose experience as a corporate buyout specialist had given
him special insight into how to grow the economy..

“I speak the language of business,” he told the people of Massachusetts, repeatedly. “I know how jobs are
created.”

It was a false representation. For, as even his colleagues have acknowledged, Romney’s goal in business
was never job creation. It was to maximize quick profits for himself and his investors, and those profits
often came at the expense of the long-term growth of the companies they took over and the well-being of
the men and women who worked there. Whether companies succeeded or failed, Romney Economics
netted huge profits for him and his investors, but sometimes proved devastating for the middle-class
workers whose jobs, benefits and pensions were put at risk.

<..> Conclusion
Mitt Romney was right: we do have an opportunity to get to know him best by looking at his record as
governor. His business experience was about two sets of rules – one for his investors, and another for the
workers who lost jobs, pensions and benefits. Further scrutiny reveals that he carried his experience as a
corporate buyout specialist to the statehouse in Massachusetts. But in the end, Romney Economics
actually resulted in fewer jobs, more debt and bigger government. That’s because Romney Economics
isn’t about long term economic growth – it’s about two sets of rules, one for those at the top and another
for everyone else. It didn’t work in then, and it won’t work now.

http://secure.assets.bostatic.com/pdfs/m...licy-2.pdf

This is a 5 page report on the Romney economics. It is well worth the read to see the lies he is spouting.

[Brainwreck]

Well said, jaxx. Here in Massachusetts we have never bragged about Romney. And now he's just an embarrassment as far as many of us are concerned. What were we thinking? Oh, There is Brown isn't there? I guess thinking isn't always our strong suit.