We’ve all heard Mitt Romney’s claim that while he was governor of Massachusetts, he was known as a ‘job creator’. Well, that’s Romney’s claim, but it’s simply not the facts. The DNC has put together a little video shedding some light on Romney’s boast. The fact is, that out of all 50 states, Romney’s economic policies came in at number 47th in job creation.
The Ad.
Americans are paying attention. In a new poll conducted by CBS, 71% of Americans are against the way the Republicans are handling the debt ceiling issue, with only 21% giving the Republicans their approval.
President Obama and the Democrats received a little better rating, with 43% approving and 48% disapproving of the way they’re handling the crisis. But what’s troublesome for Republicans is the polling of their own supporters, where voters identifying themselves as Republicans are turning against their leaders. The report claims;
Even half of the Republican respondents (51 percent) voiced disapproval of how members of their own party in Congress are handling the talks. Far fewer Democrats expressed disapproval of their own party’s handling (32 percent) or President Obama’s (22 percent) of the urgent quest to raise the nation’s debt limit ahead of a looming default on Aug. 2 if action isn’t taken.
See more of the Poll here.
He is one of the richest man in America… in the world for that matter, and if the Republicans get their way, Warren Buffett would be the perfect example of the rich in America who will directly benefit from their no-tax policies. But Mr. Buffett is operating in the realm of reality, and he knows that what the Republicans are trying to do – balance the budget on the backs of the poor – is simply not possible. Warren Buffett is speaking out, saying that the Republicans are “playing Russian roulette” with America.
Today Mr Buffett, 80, hit out by claiming the GOP strategy was like a deadly game of chance involving passing around a six-chamber revolver loaded with a single bullet.
‘Five times out of six to raise the debt limit might not be dangerous, but the sixth time could have catastrophic consequences,’ he said at a Wall Street mogul conference in Sun Valley, Idaho.
He added that Republicans were ‘trying to use the incentive now that we’re going to blow your brains out, America, in terms of your debt worthiness over time.’
‘You’re playing with fire when you don’t need to play with fire,’ he also said, adding: ‘We raised the debt ceiling seven times during the Bush Administration,’
The U.S. ran into its $14.29 trillion debt ceiling on May 16, but has since used spending and accounting adjustments, as well as higher-than-expected tax receipts, to continue operating without impact on government obligations.
