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. Every Presidential election should be called "the silly season," as it often brings out the ridiculous, and nothing could be more ridiculous than Mitt Romney's interview on a local Virginia television station when he went further than normal in criticizing the president's handling of the economy, saying tha
he inherited from his predecessor. "There has never been a recession that went on forever. There has never been a depression that went on foreven" Romney told WVEC News. "A recession occurs, the economy goes down, and then comes after recession, the recovery. That's happened since the beginning of tim
n. " Boy... did Romney get it wrong.... Thursday Governor Romney made the beginnings of a of what his campaign hop
.75 percent in 2050, according to an analysis by the Congressional Budget Office. By comparison, spending in this category has exceeded 8 percent of G.D.P. in every year since World War II. Spending for defense alone has not been lower than 3 percent of G.D.P. in any year during that period. Applying t
deral government of revenue. Big government, in his worldview, is inherently bad — never mind that we live in an awfully big country. Ryan and Mitt Romney offered their vision, President Obama offered his, and Americans made their choice. Rather emphatically. Now Ryan, as chairman of the House Budget C
ucture. Engaging in my way or the highway politics, Paul Ryan's budget demonstrates that he is tone-deaf to wishes of the American voters, as he and Mitt Romney were soundly defeated last November, running on the same economic policies. Although I am a die-hard liberal Democrat, please allow me to make this
because taxes are too low. US corporate taxes is the lowest in the industrialized world — corporate taxes are expected to raise just 1.3 percent of G.D.P. this year, about a third of what it was in the 1950s. American taxes (all levels) are 26.9% of the country's GDP in comparison to Canada 32.2%, Ger
ands the danger emanating from across the pond. Slower growth and higher unemployment can only hurt his chances in an already very tight race with Mitt Romney. Most Americans are bored or baffled by Europe. Try explaining the latest news about Greek politics or Spanish banks, and their eyelids begin to d
ts that never get beyond the talking stage. Don't expect any initiatives out of the United States until after the presidential election either. If Romney is elected, he and his EFTA_R 1_02204154 EFTA02720625 new team will need time to get settled and will likely see Israeli- Palestinian negotiation
precipitate drop in government spending would equal an economic contraction of more than five hundred billion dollars, more than three per cent of G.D.P. The impact could send a fragile economy back into a recession. "It's two to three times bigger in negative terms than even the biggest year of the
s limp uncertainly toward the nomination of Mitt Romney, a more deadly race is underway in the Middle Eas
, collapse. But Ireland, which has done everything the austerity crowd wanted, is in terrible shape too, with unemployment near 15 percent and real G.D.P. down by double digits. Portugal and Spain are in similarly dire straits. And austerity in a slump doesn't just inflict vast suffering. There is gr
Entities connected to both Mitt Romney and G.D.P.

Barack Obama
PERSON
Jeffrey Epstein
PERSON
George W. Bush
PERSON
Bill Clinton
PERSON
United States
LOCATION
Marc Rich
PERSON
Joe Biden
PERSON
Donald Trump
PERSON
Paul Ryan
PERSON
Virginia Giuffre
PERSONLeon Black
PERSON
Benjamin Netanyahu
PERSON
Prince Charles
PERSON
Hillary Clinton
PERSON
Bloomberg L.P.
ORGANIZATION
Julie K. Brown
PERSON
John F. Kennedy
PERSON
George Mitchell
PERSON
Ronald Reagan
PERSON
Tehran
LOCATION