Friday, February 3, 2012

Romney: 'I’m not concerned about the very poor . . . I like being able to fire people'

UPDATE VII: More context: "just a few days ago, Mr. Romney was denying that the very programs he now says take care of the poor actually provide any significant help. On Jan. 22, he asserted that safety-net programs — yes, he specifically used that term — have 'massive overhead,' and that because of the cost of a huge bureaucracy 'very little of the money that’s actually needed by those that really need help, those that can’t care for themselves, actually reaches them.'

This claim, like much of what Mr. Romney says, was completely false: U.S. poverty programs have nothing like as much bureaucracy and overhead as, say, private health insurance companies. As the Center on Budget and Policy Priorities has documented, between 90 percent and 99 percent of the dollars allocated to safety-net programs do, in fact, reach the beneficiaries. But the dishonesty of his initial claim aside, how could a candidate declare that safety-net programs do no good and declare only 10 days later that those programs take such good care of the poor that he feels no concern for their welfare? . . .

Romney’s position seems to be that we need not worry about the poor thanks to programs that he insists, falsely, don’t actually help the needy, and which he intends, in any case, to destroy."

Read The New York Times, Romney Isn’t Concerned.


UPDATE VI: Again, after you get over the irony of Republi-CON complaining of taking statements out of context, consider the statement in context. What Romney actually said, in context, was worse. Read the Washington Post, Romney’s problem isn’t his gaffes. It’s his policies., which notes that:

"Mitt Romney's problem isn't his gaffes. It's probably better to refrain from saying you're 'not concerned by the very poor' and that you 'like being able to fire people,' but campaigns are long, and all candidates make comments that can be taken out of context to make them look bad. Nor is Romney's problem his tax rate, or his wealth, or his time at Bain Capital. Romney's problem is the interaction all of this has with his policies. In particular, the interaction it has with his tax and fiscal policies.

Romney's tax policy, described simply, is to extend the Bush tax cuts and, then on top of that, sharply cut taxes on corporations, the wealthy, and upper-middle class investors, while letting a set of tax breaks that help the poor expire. The result, according to the Tax Policy Center, would be a $69 tax cut for the average individual in the bottom 20 percent and a $164,000 tax cut for the average individual in the top one percent. And Romney would pay for this through unspecified cuts to domestic programs. Since domestic programs mostly go to the poor and seniors, the regressive tax cuts would be regressively financed.

That's a tough political sell for any candidate. But Romney is a very rich guy who already pays surprisingly little in taxes and has made some oddly callous comments about the poor. And now he wants to lower the tax burden on people like himself, and pay for it by cutting programs for the poor and seniors? That's a much tougher sell."


UPDATE V: Expect Obamney to stop talking soon. Read the Washington Post, The too-quotable Mitt Romney and the very poor.


UPDATE IV: The morning after the FL primary, and appearing on CNN Obamney says:

"I’m not concerned about the very poor . . ."

Read Politico, Mitt: 'I'm not concerned about the very poor'.

Sounds like a campaign sound bite to me.


UPDATE III: After you get over the irony of Republi-CON complaining of taking statements out of context, consider the statement in context. "What Romney actually said, in context, was worse." Read The New York Times, Who Fires Whom?, which notes that:

"Romney doesn’t understand his own health reform, which was in large part about ensuring not that you can fire your insurance company, but rather about ensuring that your insurance company can’t fire YOU. . .

He evidently has no sense of what it’s like NOT to be the very wealthy son of an already wealthy father; no idea how the fear of unemployment or medical bills afflicts ordinary Americans."

The statement shows a candidate without empathy, who does "not understanding what life is like for most Americans." Read The New York Times, Uncompassionate Conservatism, which cites "David Atkins, over at Digby’s blog," who notes the statement shows

"Romney’s sense of privilege, and a relationship to the world around him that is alien to most Americans and reinforces everything that is wrong with the 1% in America. . .

When it comes to basic services like healthcare, almost no one in America sees the relationship that way. Most of us wouldn't speak of 'firing' our health insurance company. No matter how much we might detest our insurance company, we probably wouldn't describe the experience of removing ourselves from their rolls an enjoyable one.

But most of all, we don't see the health insurance company as providing us a service. We see ourselves, rather, as indentured supplicants forced to pay exorbitant monthly rates for a basic need that responsible people with means can't get out of paying for if we can help it. We don't see ourselves as in control of the relationship with them. They are in control of us-and no more so than when we get sick and need the insurance most. If the company decides to restrict our coverage or tell us we have a pre-existing condition after all, we're in the position of begging a capricious and heartless corporation to cover costs we assumed we were entitled to based on a contractual obligation. It's precisely when we need insurance most that we're least able to 'fire' the insurance company."


UPDATE II: Even Nation Review, founded by that scion of conservative wealth and influence, which "describes itself as 'America's most widely read and influential magazine and web site for conservative news, commentary, and opinion,'" knows that, quoting the Weekly Standard, an American neoconservative opinion magazine published by News Corporation, which also owns Hedgehog News:

"As a private equity firm, Bain’s goal was to maximize return on investment (ROI) for a small group of high net worth investors. . .

Any jobs Romney or Bain 'created' were thus incidental to their real function, which was (as Last points out) to maximize shareholder value and goldmine the remaining value of the company so that it might more profitably be used elsewhere. Nothing wrong with that, but don’t try to sell it as 'job creation' . . .

A 'job creator' [give] employment to . . . people through the force of his own creative imagination.

But to call corporate restructuring 'jobs creation' won’t fly."

Read National Review, The Battle of Bain Capital.

Even the founder and editor of The Weekly Standard and a regular commentator on the aforementioned Hedgehog News noted that:

Romney’s claim throughout his campaign that his private sector experience almost uniquely qualifies him to be president is also silly. Does he really think that having done well in private equity, venture capital, and business consulting—or even in the private sector more broadly—is a self-evident qualification for public office? . . .

Post 2008, capitalism needs its strong defenders—but its defenders need also to be its constructive critics. The Tea Party was right. What's needed is a critique of Big Government above all, but also of Big Business and Big Finance and Big Labor (and Big Education and Big Media and all the rest)—and especially a critique of all those occasions when one or more of these institutions conspire against the common good. What's needed is a willingness to put Main Street (at least slightly) ahead of Wall Street, and a reform agenda for capitalism that strengthens it, alongside an even more dramatic reform agenda for government that limits it.

Bain Capital shouldn’t be demonized. It may not even deserve to be criticized. But in laying out a way forward, conservatives might remember that Bain Capital isn’t capitalism, that capitalism by itself isn’t freedom, and that there are more things in heaven and earth than are dreamt of in the Gospel of Wealth."

Read the Weekly Standard, From Bain to Main.


UPDATE: The Republi-CON establishment is starting to recognized "the perils [they] face if their nominee — and the GOP in general — are identified with the brand of unrestrained [unfettered, everyman-for-himself, screw-the-working-guy] capitalism Romney’s Bain years embody. Read the Washington Post, Calling for a truce in the Bain wars.

"Remember all the 'pants on fire' finger-wagging outrage directed at Mitt Romney and his campaign’s blatant misuse of a quote by then-candidate Barack Obama in 2008? It’s the one where Obama is heard saying, 'If we keep talking about the economy, we’re going to lose.'

The outrage was justifiable since the line was taken completely out of context. The full line reads: 'Senator McCain’s campaign actually said, and I quote, if we keep talking about the economy, we’re going to lose.'

I bring this up because Romney should not be surprised if — no, when — he gets the same treatment after what he said this morning in Nashua, N.H. It’s a line that could be easily ripped out of context and would be equally outrageous."

Read the Washington Post, Mitt Romney’s unforced error: 'I like being able to fire people'.

Get ready Romney, because what goes around comes around.

No comments: