Oct 20, 2012

Romney tax plan vs. Bush tax cuts: Why the details matter


At the second presidential debate, Mitt Romney was asked how his economic plan differed from the last Republican president, George W. Bush. The woman who asked the question was worried that Romney would repeat the Bush policies that lead to the meltdown of US banking system, and the worst recession since the Great Depression hit in 1929.

It is a legitimate question, since the focal point of the 2012 presidential campaign has been the economy and who will create the most jobs and, more importantly, how they will create them.

How Romney plans to carry out his plan must go beyond campaign trail rhetoric, because the success or failure of any plan is in the details. That's why the truth about the details matter. Words don't create jobs.

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