Willard of the 1%
by LiberatedWoman
 Willard of the 1%
May 31, 2012 | 1938 views | 0 0 comments | 67 67 recommendations | email to a friend | print | permalink
Willard is the one percent's Captain America.

In a recent CNN interview, he admitted that he has nothing to say to many of these people [the poor]: "I'm in this race because I care about Americans. I'm not concerned about the very poor. We have a safety net there. If it needs repair, I'll fix it."

Can we believe his promise to care for the safety net? As Tim Dickinson of Rolling Stone points out, Romney has already told us how he would "fix" Medicaid: "Romney has endorsed Rep. Paul Ryan's proposal to "block-grant" the federal contribution to Medicaid-- and turn the program over to the states."

As an April 5 report of the Congressional Budget Office explains, under the Ryan plan "federal spending for Medicaid would be 35 percent lower in 2022 and 49 percent lower in 2030." Romney told Sean Hannity in an Oct. 24 radio interview that he would cut even more from Medicaid, by reducing the annual growth cap of the block grants from 3% (in Ryan's plan) to 1 or 2%. As any governor could tell him, this would be a disaster for millions of families.

In the same CNN interview, Romney added "I'm not concerned about the very rich. They're doing just fine." Instead, he says he worries about "middle income Americans, they're the folks that are really struggling right now, and they need someone that can help get this economy going for them."

In fact, his tax proposals suggest the exact opposite. According to Howard Gleckman of the Tax Policy Center, "Mitt Romney's tax plan would cut taxes for millions of households but bestow most of its benefits on those with the highest incomes. At the same time, it would significantly cut corporate taxes and add hundreds of billions of dollars to the deficit."

In the year 2015, Romney's tax plan would raise taxes by an average of $157 for the bottom 20% of taxpayers, and $82 for the second quintile. The third (middle) quintile ("the folks that are really struggling") would receive a whopping $138 tax cut! (Tax Policy Center, "The Romney Plan").

And what about the "very rich" that Romney says he's "not concerned about"? The tax cut for those with incomes over $1 million would average $145,568.

In short, Romney's vision of a restored America comes straight from George W. Bush's coloring book: prosperity trickling down on the rest of us from super-wealthy "job creators" such as himself.

*Edited to add "the poor" in the second paragraph for clarification.
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