I put Middle Earth Journal in hiatus in May of 2008 and moved to Newshoggers.
I temporarily reopened Middle Earth Journal when Newshoggers shut it's doors but I was invited to Participate at The Moderate Voice so Middle Earth Journal is once again in hiatus.

Friday, October 12, 2012

Romney/Ryan Tax BS

Over at Bloomberg Josh Baro has The Final Word on Mitt Romney's Tax Plan.
Mitt Romney's campaign says I'm full of it. I said Romney's tax plan is mathematically impossible: he can't simultaneously keep his pledges to cut tax rates 20 percent and repeal the estate tax and alternative minimum tax; broaden the tax base enough to avoid growing the deficit; and not raise taxes on the middle class. They say they have six independent studies -- six! -- that "have confirmed the soundness of the Governor’s tax plan," and so I should stop whining. Let's take a tour of those studies and see how they measure up.
The Romney campaign sent over a list of the studies, but they are perhaps more accurately described as "analyses," since four of them are blog posts or op-eds. I'm not hating -- I blog for a living -- but I don't generally describe my posts as "studies."
Shorter Baro - they are all as much BS as Romney's plan itself.

But leave it to Matt Taibbi for the real take down.
I've never thought much of Joe Biden. But man, did he get it right in last night's debate, and not just because he walloped sniveling little Paul Ryan on the facts. What he got absolutely right, despite what you might read this morning (many outlets are criticizing Biden's dramatic excesses), was his tone. Biden did absolutely roll his eyes, snort, laugh derisively and throw his hands up in the air whenever Ryan trotted out his little beady-eyed BS-isms.
But he should have! He was absolutely right to be doing it. We all should be doing it. That includes all of us in the media, and not just paid obnoxious-opinion-merchants like me, but so-called "objective" news reporters as well. We should all be rolling our eyes, and scoffing and saying, "Come back when you're serious."
The load of balls that both Romney and Ryan have been pushing out there for this whole election season is simply not intellectually serious. Most of their platform isn't even a real platform, it's a fourth-rate parlor trick designed to paper over the real agenda – cutting taxes even more for super-rich dickheads like Mitt Romney, and getting everyone else to pay the bill.
 Taibbi goes on to point out that Ryan wouldn't even answer yes or no questions on the tax plan and not only Biden but Martha Raddatz called him on it.
During the 2008 campaign I often referred to Sarah Palin as a snake oil salesman.  Will guess what, that's exactly what both Romney and Ryan are.
MS. RADDATZ: Well, let's talk about this 20 percent.
VICE PRESIDENT BIDEN: Well – (chuckles) – 
REP. RYAN: Different than this administration, we actually want to have big bipartisan agreements. You see, I understand the –
MS. RADDATZ: You have refused yet again to offer specifics on how you pay for that 20 percent across-the-board tax cut. Do you actually have the specifics, or are you still working on it, and that's why you won't tell voters?
Here Ryan is presented with a simple yes-or-no answer. Since he doesn't have the answer, he immediately starts slithering and equivocating:
"We want to have bipartisan agreements?" This coming from a Republican congressman? These guys would stall a bill to name a post office after Shirley Temple. Biden, absolutely properly, chuckled and said, "That'd be a first for a Republican congress." Then Raddatz did exactly what any self-respecting journalist should do in that situation: she objected to being lied to, and yanked on the leash, forcing Ryan back to the question.
 Raddatz tries several times to pin Ryan down without success. It's hard to pin down a snake oil salesman.
Taibbi concludes with this:
The Romney/Ryan platform makes sense, and is not laughable, in only one context: if you're a multi-millionaire and you recognize that this is the only way to sell your agenda to mass audiences. But if you're not one of those rooting gazillionaires, you should laugh, you should roll your eyes, and it doesn't matter if you're the Vice President or an ABC reporter or a toll operator. You should laugh, because this stuff is a joke, and we shouldn't take it seriously.

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