Via Robert Reich / FB:
Mitt
Romney charges that “under President Obama the rich have gotten richer,
income inequality has gotten worse and there are more people in poverty
in American than ever before.” Well,
yes. Mainly because Republicans refused to raise the minimum wage, or
extend unemployment benefits, or vote in a jobs bill. And they slashed
food stamps, housing assistance, and so on. But does Romney really think
Americans forget that three years ago he dismissed 47 percent of
Americans as lazy parasites; told a national TV audience he was “not
concerned about the very poor;” and said the topic of inequality was too
divisive to even talk about. “I think it’s about envy,” he said then.
“I think it’s about class warfare.”
Romney is a pioneer in generating widening inequality. His economic
agenda is based on cutting taxes on the wealthy, and keeping the
loopholes that allowed him to pay a tax rate of 11%. He made his fortune
in private equity -- buying up companies and then squeezing their
payrolls, laying off workers, loading the companies with debt, deducting
the debt from corporate taxes, and then selling these pumped-up,
down-sized companies for more than he paid for them.
Mitt Romney is gives new meaning to hypocrisy.
- Robert Reich
Mitt Romney is gives new meaning to hypocrisy.
- Robert Reich
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