ON CAPITAL GAINS TAXES:
Obama then asserted that Romney thinks economic growth can only occur if capital gains taxes on the rich are maintained at their present rate of 15%.
Romney should have answered him in the affirmative, that capital gains taxes are a cost placed on investment, that if you want more jobs you need more investment, and that the job-maximizing capital gains rate is zero, but instead he repeated for seemingly the 6th time his platitudinous line about how I know what it takes to create jobs, and my five point plan will get us there.
Those listening to the debate on the radio probably thought they were listening to a 4th grade debate, as opposed to a faceoff between two men vying to lead the richest, most important nation on earth. Seriously, we used to be a serious country with serious leaders.
I am strongly supporting Gov. Romney, but Tamny is basically on the mark in his comments about the debate. I would have absolutely destroyed Obama on question after question, not argued over the better path to folly.
William Flax