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karynnj

(60,739 posts)
7. Interesting - and it shows that the Democratic message on this is getting thru
Tue May 22, 2012, 08:34 AM
May 2012

I hadn't thought about it, but this was close to something that Obama actually said - that Romney did succeed with Bain Capital, but his goal was to make money for the share holders and that was NOT the same goal he has as President. His goal is to help all people.

The poll suggests that a majority of the country already understand the first step in the complex message the Obama team is sending as to what Romney's goal at Bain was. The next step would be an understanding of whether the "tools" that Romney used are transferable to what a President needs to do. Here Romney will argue that they are and Obama would argue that they are ofter diametrically opposed - as they were in the auto bailout - where what Romney advised was NOT at all what Obama did.

That likely will be a secondary theme going forward. The primary theme will likely be what type of country we want to be. While the Republicans have yelled "class warfare", they ignore that the real "class warfare" is not the words said by Democrats, but the very real "war" that the top income groups are clearly winning. Since the end of the 1970s, the share of the pie that belongs to the top 1% has reached historically high levels. One estimate was that they have 41% of the country's wealth.

Now look at what Romney (Ryan) is proposing. Eliminating estate taxes - so there is no tax when the huge accumulations of wealth are passed to the next generation. Cutting taxes on these self described "job creators" - even though many really do not create jobs and some actually destroy them. These will increase the share of the 1% - so I guess Romney thinks 41% is not enough. Meanwhile - even as the plan cuts revenue - which is already an historically low % of GDP, they pretend their main goal is balancing the budget. This means cutting an amount equal to the deficit AND the value of these tax cuts AND the increases they want in the defense budget Where do you get that kind of money in the budget? Most of what is left is all the programs that help the needier people and entitlements - like Medicare and Social Security.

The importance of the "secondary theme" on Bain - is to insure it is weakened in terms of suggesting that Romney can magically "turn around" the country - making everyone more comfortable in the process. Of lesser value, it also lets people equate how the "peons" (all of us not in the 1%) will be treated if we are not immediately valuable to the economy.

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