Romney's Job Plan is Republican Rhetoric

If elected president, Mitt Romney will cure the U. S. job crisis. He has the magic bullet. Can you possible guess what it is?

According to NPR, Romney's plan is to cut taxes on companies, cut regulations, cut federal spending, curb the power of unions, increase exploitation of U. S. sources of fossil fuels (oil, coal and natural gas) and challenge China's currency policies. http://www.npr.org/templates/story/story.php?storyId=140205846&ft=1&f=

When are Republicans going to face the bitter truth that cutting taxes and spending, far from stimulating the economy and lowering the country's debt, exacerbate job losses, swell deficits as revenues fall further and increase societal instability? That's easy - they will not. Why is the more interesting question.

The party's stubborn adherence to magical thinking becomes suspect when a candidate like Romney, who unlike many of his Republican opponents is NOT an ideologue, jumps on board. It is not about improving the economy. It is not about limiting government. It is about dismantling the last vestiges of American democracy and making official the country's transformation into an oligarchy run by the rich and powerful and unrestrained by any vestige of leverage residing with the "small" people.