Mitt Romney’s postmortem calls with donors have
emerged in which the Republican nominee elaborates on his claim that “big
gifts” from President Obama to minorities, youth, and women swung the election.
The former Republican nominee said Obama followed “a proven political strategy,
which is give a bunch of money to a group and, guess what, they’ll vote for
you.” Of course, Romney would never consider that his proposal to cut taxes for
everyone by 20% was the same as promising to “give money to a group”. On the other hand, Romney is correct in one
respect. Ronald Reagan managed to
successfully convince a large number of voters that cutting taxes actually
raised revenue, which it didn’t; reduced the deficit, which it didn’t; and never
raised taxes, which he did eleven times.
Perhaps there is something telling about the fact that the ten states
with the highest number of educated citizens all voted for President Obama
while the ten states with the lowest number of educated citizens (TN ranks 47th,
BTW) supported Romney. It is apparent
from many of the comments to letters to the editor in the Nashville
Tennessean that many incorrectly believe giving tax cuts to the wealthy
will result in benefits trickling down to the masses. While all economic
evidence points to the reality that giving tax cuts to the wealthy only results in the wealthy becoming more wealthy and no economic benefit going to anyone
else, there are a large number of citizens who must have been sleeping through
their basic arithmetic classes. Given
the possibility that Romney is correct and that giving “a bunch of money” to a
group is how to win elections perhaps he lost because he promised to give a
bunch of money to the wrong group.
Seeing as how the top 1% of Americans most benefited by growth of income
and wealth since 1979, Mitt should have been aware that it takes more than a
satisfied 1% to win a national election.
There is little doubt that Mitt got the votes of people like Sheldon
Adelson, Foster Fries, Steve Winn, his friends the NASCAR owners, and many
others in his economic strata. It is
fortunate for the country that Romney and his campaign did not realize that his
“rich friends and supporters” combined with those who still believe in the
trickle down fairy tale did not comprise a sufficient number of voters to elect
him to national office.
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