Sunday, June 24, 2012

PERRspectives: Romney "Sick at Heart" Over Bain Job Losses

PERRspectives: Romney "Sick at Heart" Over Bain Job Losses
"If Mitt Romney becomes the 45th President of the United States, it will be the American people who would become sick at heart. While Paul Krugman predicted "I think Ireland is America's future if Romney is president," his fellow Nobel Prize winning economist Joseph Stiglitz warned, "The Romney plan is going to slow down the economy, worsen the jobs deficit and significantly increase the likelihood of a recession." Or as Mark Hopkins of Moody Analytics summed it up:
"On net, all of these policies would do more harm in the short term. If we implemented all of his policies, it would push us deeper into recession and make the recovery slower."
To put it another way, if Romney wins, America loses. Of course, that sickening result is one Mitt Romney knows all too well."