Why Romney?

What makes anyone think Romney would do a better job as President than George W. Bush.  Both were “businessmen” before becoming governors.  Both have surrounded themselves with the same group of advisers.  Both claimed that lowering tax rates and eliminating regulations would grow the economy.  What makes Romney any different?  Failed policies are failed policies whether put in place in 2001 or in 2013.  Eliminating regulations for businesses did possibly result in business profiting, but eliminating regulations also contributed to the larges economic downturn since the Great Depression.  Lowering taxes benefited the wealthiest ten percent but did absolutely nothing for everyone else.  Today there is a greater disparity between the wealthy and the rest of the country than before the Great Depression.  Since 1979, the middle class in America, the engine that really drives the American economy has been shrinking.  There is no economic history to support the idea that lowering taxes on the wealthy would change that and grow the middle class.  While Romney claims he does not favor the wealthy, just look at his tax proposals.  He claims he will lower taxes on the bottom group from 10 percent to 8 percent.  This would save $200 in taxes on each $10,000 of taxable income.  On the other hand, his proposal would lower taxes from 39.5 percent to 28 percent for the top marginal rate.  By doing this, the wealthy would save $1150 on each $10,000 of taxable income.  In Romneyworld, giving the richest Americans 5.75 times more reductions does not benefit the middle class.  Also do not forget Romney’s plans to eliminate tax on both capital gains and inheritance, designed to only benefit Romney and people like Romney while reducing tax receipts and adding even more to the deficit.  In Romneyworld, neither capital gains, dividends, carried interest, or inheritance should be taxed. Apparently Romney believes that the country would be better off with only the rich ruling.  Perhaps this thinking is in line with his father having been born in Mexico where only the wealthy actually rule.  There are only two reasons to vote for Mitt Romney: (1)You are wealthy enjoy most of your income in the form of capital gains and dividends, and will have an AGI in excess of $250,000 per year. (2) He is not Obama.  Neither of those reasons will grow the middle class, create jobs, or speed up the recovery.  In fact, based upon the results of the last “businessman” who was President and that he is receiving the economic and foreign affairs advice from those who gave guidance to Bush 43, it is very likely things under Romney will get much, much worse.  American needs neither another recession or war with Iraq.