Romney Rejects Idea of Another Stimulus

Townhall.com ^ | August 5, 2012 | Elisabeth Meinecke

[Kaslin]

This is encouraging. The AP reports Mitt Romney thinks the Federal Reserve shouldn't employ another stimulus "to boost the still-sluggish economy":
 

The Republican presidential hopeful says he doesn't think another round of stimulus would help the economy, arguing that previous measures didn't work.

Romney tells CNN's "State of the Union" in an interview scheduled to air Sunday morning that business incentives are preferable to more government intervention. ...

Romney also doubled down on his vow to create 12 million new jobs during his first term, calling that goal realistic and achievable.

It's encouraging for conservatives to see that Romney's not tempted enough yet to go a big spending-George W. Bush route. I think this also presents a great opportunity to use an Obama line right back at the current president. Obama fondly said Romney is going to rehash old economic policies and concluded, "We tried that and it didn’t work."

Can't the same be said for the stimulus?

[Jim Robinson]

Flip, flop. Flip, flop. Where will the man stop?

[RaisingCain]

Here is Mittens calling for stimulus and loan guarantees in 2008. Starts around the 2 minute mark.

http://www.youtube.com/watch?v=kWN86AtpDPE

And here is Mitt Romney praising Obama’s stimulus package

http://www.youtube.com/watch?v=SjeHXedOrwI

IOW, Mittens is for it before he is against it, and will probabaly be for it again... since, when in doubt, pander with money.

[Jim Robinson]

Romney Tells Hannity Tarp Good, Then Lies About Ever Supporting Stimulus

http://www.youtube.com/watch?feature=endscreen&v=1h4VUjde8aM&NR=1

[oldbrowser]

The government does not need to stimulate the economy. They just need to get out of the way and it will explode in an entrepreneurial gusher like we haven't seen in many years.

The economy is being held back by over-regulation and distrust of the current administration.

All that is required is to set it free from the chains of mismanagement and warmed over marxism.

[Tennessee Nana]

Oh dear...

Willard and 12 MILLION jobs...

Does this mean we have 12 MILLION czars in our future ???

[jonrick46]

Finally some sanity. It should be common sense to know that Keynesian economics is a failed economic theory. Economic stimulation only increases the national debt and passes that debt on to our future. Austrian economics is the way to go. An axiom of Austrian economic theory that the quickest road to recovery is to liquidate bad investments as soon as possible.

[JustTheTruth]

Romney should talk about the victims of financial repression; the suppression of interest rates to save banks at the expense of the retiree and other savers. It is a massive, ongoing wealth transfer that is largely ignored.

[Luircin]

Yeeessssss, but we've seen what “stimulus” does in the last 4 years. It's not flip-flopping to change one’s opinion based on evidence. And there's been plenty of evidence that the so-called stimulus package didn't work.

However, if he goes BACK to supporting gummint spending after saying this, I'll have to agree with that.

Even so, better than Obama. Better to flip to the right side occasionally—even if it's just to be elected—than to be an American-hating radical.

And having good judicial appointments 50% of the time is FAR better than having evil appointments 100% of the time. I'd rather have most any other candidate than Romney, but until conservatives learn to unite behind one conservative candidate instead of ripping them all apart and leaving no one but the liberal alive, we'll have to take what we can get.

[jonrick46]

I hope Romney does too.