Romney warns U.S. economy is on 'path of California'

Reuters ^ | May 18, 2012 | Sam Youngman

[Innovative]

Republican presidential candidate Mitt Romney warned on Friday that the U.S. economy faced a huge fiscal hole and high taxes like the state of California if he did not win November's election against President Barack Obama.

"There are only two ways to go: Like America in the past," Romney said. "Or like California, where they raise taxes higher and higher and higher. They scare away employers ... and they have huge deficits," he said in a telephone town-hall meeting with voters from four swing states.

Romney promised to repeal Obama's signature healthcare reform law, cut taxes and roll back what he said were burdensome regulations on Wall Street.

[Innovative]

Are we going to "burn down the village to save it" giving Obama a second term, or stop the destruction of the US?

[Hugin]

roll back what he said were burdensome regulations on Wall Street

How about the burdensome regulations on the rest of us?

[bkepley]

Don’t worry. For every wingnut who won’t vote for Romney to stop Obama there’s a moonbat who won’t vote for Obama to stop Romney so it’s a wash.

[w4women]

I have been looking for Republicans to use the California comparison for a long time. I think it’s effective.

[familyop]

"Romney warns U.S. economy is on 'path of California'"

As it will be either way. Let's hear Romney promise loudly and repeatedly that he'll stop all federal funding to state and local governments. It won't happen. That's up to us and how much we want to approve of this debt regime by doing more personal spending.

No revenues for you. Run on the mounting debt, until the political regulator class is finished. Have fun. Enjoy the slide.

[Minnesota fox]

Hmmmmmmmmm. California OR North Dakota (Conservative. Full speed ahead on oil. Billion dollar surplus). Hmmm. Which path should we follow?

[Minnesota fox]

Hmmmmmmmmm. California OR North Dakota (Conservative. Full speed ahead on oil. Billion dollar surplus). Hmmm. Which path should we follow?

[Timely Renewed]

We can not count on Presidents and Congress in DC to restore fiscal and regulatory sanity. Politicians can always change, either by election or by being corrupted by the system. The only way to assure that the entire nation does not follow California’s path is to restore to the Constitution’s original limits on the functions and power of the federal government.

Given the deep corruption of DC, the only way to accomplish this is by amending the Constitution to restate and re-affirm those original limits. Of course, Congress will not initiate such amendments. Therefore the first step must be to reform the amendment process to enable the states to initiate and enact amendments without having to go through either Congress or the unworkable and outmoded mechanism of a convention. See http://www.timelyrenewed.com

[familyop]

"Hmmmmmmmmm. California OR North Dakota (Conservative. Full speed ahead on oil. Billion dollar surplus). Hmmm. Which path should we follow?"

That's a great comment. I'm in full agreement with only one reservation. Maybe we should starve the B. out of politics and propaganda first. Then drill. ;-)