Reich: Mitt's budget plan "represents not conservativism but regressivism."
Fine to nail Romney with Bain Capitalism. But lets not forget Romneys budget proposal, which mimics Paul Ryans. Take a moment to make yourself aware of both, because theyre eye-opening and scary.
Both would restore the military budget, slash Medicare (turning it into vouchers that shift costs to the elderly) and Medicaid (turning it over to the states but without enough money to keep it going), cut programs for the poor (food stamps, Pell grants, etc), and yet at the same time cut even more taxes on the super rich.
According to the non-partisan Tax Policy Center, Romneys plan would give a $250K tax cut, on average, to everyone now earning over a million dollars a year.
Yet Romneys plan would also according to the non-partisan Center for Budget and Policy Priorities increase the federal budget deficit by more than $3 trillion over the next ten years. (Romney says hell close tax loopholes, but he assiduously avoids saying which ones which means he wont really close any.)
This is truly nuts, and it represents not conservativism but regressivism a lurch backward toward the Gilded Age of the late 19th century.
http://robertreich.org/post/23708814586
Thank you, Mr. Reich.