Readers' forum: Romney can fix economy


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  • I M LDS 2 Provo, UT
    June 19, 2012 5:37 p.m.

    There is absolutely NOTHING in Romney's experience or accomplishments that suggests that he has any hope of "fixing the economy". At best he has some talking points and a "plan", but his plan has been vetted and discredited long ago.

    The claim that Romney can fix the economy is complete hogwash!

  • 4601 Salt Lake City, UT
    June 19, 2012 4:49 p.m.

    But then again Mr. Obama knows everything that doesn't work, i.e. his agenda. That should count as some experience.

    June 19, 2012 8:33 a.m.

    If I had to place Obama and Romney on a platform and ask who of these two is better able to bring our economy back from the brink, the choice would be clear. Romney has the experience and know-how to make it happen. Obama is a career politician who's accomplished nothing in the private sector.

  • ljeppson Salt Lake City, UT
    June 18, 2012 8:36 p.m.

    @Redshirt "To "UTAH Bill" if Romney's ideas of doing nothing had been implemented, the Recession and its after effects would be a distant memory by now. According to economists the recession ended in July 2009, that is nearly 3 years ago." Yes the recession ended, but it is a largely JOBLESS recovery. THAT is what needs to be explained. Give it a short Redshirt.

  • Eric Samuelsen Provo, UT
    June 18, 2012 5:51 p.m.

    No doubt. If we had done nothing, as Romney called for, all sorts of good things would have come to pass. No doubt unicorns and fairies would have arrived, ending war and showering us all with lemon drops and root beer. And we would spend our days frolicking in verdant meadows. I love this kind of conservative fantasy world--"if you'd only listened to me!"
    The fact is, previous recessions ended quickly because Presidents and the Fed stimulated the economy, not because nobody done nuttin'. This recession is different, different causes, different solutions. Most recessions, in fact, were deliberate, hedges against inflation. This is a demand side recession, and it is the worst since 1929, much much worse than any previous one. If nothing had been done. . . .
    Okay, I'll play. If nothing had been done, the auto industry would be gone, with minimum added unemployment over 120,000. Not just Lehman, but Goldman Sachs, Merrill Lynch, most other Wall Street firms would have collapsed. Probably half the banks in the country would have gone under. That's what we know. Residual effects? Unknown. Probably catastrophic.

  • RedShirt USS Enterprise, UT
    June 18, 2012 12:52 p.m.

    To "UTAH Bill" if Romney's ideas of doing nothing had been implemented, the Recession and its after effects would be a distant memory by now. According to economists the recession ended in July 2009, that is nearly 3 years ago. On average a recession takes 18 months to 2 years to resolve itself, with the exception of 2 cases, the Great Depression and this recession.

    Had we done nothing, our GDP, tax base, and employment numbers would be back to pre-recession levels by now and would have most likely grown beyond those levels.

    So, thanks Obama for letting us have a taste of what our Grandparents felt during the Great Depression.

  • Anti Bush-Obama Washington, DC
    June 18, 2012 11:03 a.m.

    Romney was Obama as Governor. They had all the same policies. You expect him to fix the economy? Forget it.

  • ljeppson Salt Lake City, UT
    June 18, 2012 12:55 a.m.

    Thanks for this bovine analogy of the economy. Watch Niall Ferguson's "Ascent of Money." He also uses the cow analogy, but his model has lots and lots of cows. The anology doesn't work with just one cow. For example market panics require mob behavior spreading though a herd, not just one cow.

  • one vote Salt Lake City, UT
    June 17, 2012 9:33 p.m.

    All he can do is to turn the economy to the billionaires. He advocates no government action remember?

  • BRM Pleasant Grove, Utah
    June 17, 2012 9:28 p.m.

    If Romney wins I am going to buy stock. If Obama wins I am going to buy gold.

  • Irony Guy Bountiful, Utah
    June 17, 2012 8:22 p.m.

    Here's another fun false analogy. Romney borrows a lot of money on somebody's else's cow, pockets most of the money, fires the farmer, turns around and sells the cow at a profit. This is called "growing the economy," otherwise known as legal piracy or making huge amounts of money while adding no value at all.

  • The Real Maverick Orem, UT
    June 17, 2012 4:49 p.m.

    If "freedom", deregulation, and lower taxes is what really produced milk/provided a good economy, then why did our economy slow down and crash under Bush II? Why did our economic system completely crash in 08?

    If higher taxes and greater regulation killed the economy, then why did it boom under Clinton? Why did it grow after Reagan raised taxes? Why was it booming in the 50s when taxes and regulation was much higher? Why did the New Deal save the economy in the 30s only to have it hurt once taxes were lowered and public spending decreased?

    See, it's these basic questions that repubs cannot answer that ruin their credibility. It's basic principles. Yes, we need taxes, not too high and not too low. We need regulation, otherwise Wall Street's mice will play without the cat (as we saw under Bush and what we still see today). Without the middle-class with disposable wealth, it doesn't matter what the tax rate is on folks like Mitt Romney. The middle-class are the real job creators.

    Otherwise, why isn't the economy booming right now? The rich are fine, everyone else isn't.

  • Brother Chuck Schroeder A Tropical Paradise USA, FL
    June 17, 2012 4:25 p.m.

    When one is so "out of touch", there's no way, Mitt Romney can refocus on middle-class economic issues and American's. He has no real solutions to the ongoing economic problems. Even Romney's comments represent a further softening of his rhetoric on immigration since now Romney is refusing to say that he would overturn President Barack Obama's new policy allowing some young illegal immigrants to stay in the United States. These illegal immigrants will be able to avoid deportation if they can prove they were brought to the United States before they turned 16 and are younger than 30, have been in the country for at least five continuous years, have no criminal history, graduated from a U.S. high school or earned a GED diploma or certificate, or served in the military. There goes more American jobs. Is this Romney's political future?. Our most important issue in the upcoming elections is, by far, the economy. To fix the problem that the GOP created in 2008. NOT ROMNEY comparing the U.S. economy to a cow. The middlecalss cow is not happy. An unhappy cow does not vote as much milk for GOP fools.

  • BRM Pleasant Grove, Utah
    June 17, 2012 4:21 p.m.

    Continuing the analogy. Government is a bull. Many people think that the bull produces milk because that is where they get it. The bull does not produce milk. It produces something else called bull-stuff. Some have been fed this bull-stuff for so long they can't tell the difference. The country folks know the difference because it doesn't pass the smell test. When things are going well our bull takes the credit. But when it goes wrong it blames the previous bull.

  • BRM Pleasant Grove, Utah
    June 17, 2012 3:54 p.m.

    Continuing the analogy of the cow being the economy and the wealth produced is the milk. Government is a bull. It does not produce milk but takes it from the cow and consumes it or distributes it to the poor and needy or to its friends. The bull is good at some things and terrible at others. When the bull is defending the farm against predators it is magnificent, but when it tries to interfere with the care and feeding of the cow it just causes trouble and breaks things. (a bull in a china shop). Friends come to the bull with an idea to produce milk using sunshine. The bull gives the millions and millions of gallons of milk to get them started. They take the milk and pour it down a deep, black hole in the desert. It doesn't produce a drop of milk. They cover the hole and walk away. The bull never learns its lesson because it is bull-headed.

  • bandersen Saint George, UT
    June 17, 2012 3:27 p.m.

    The only thing that will make a difference in any of these discussions is to resort to fundamental principles. It is absolute foolishness to believe that central planning in Washington can help a cow farmer in Panguitch, Utah make better decisions about how to increase milk production! The best way to "help" (central planners)him is to let him experience success and failure. For all those who feel like they are being victimized by the panguitch cow farmer who got together with other cow farmers (corporations, cooperatives, etc.), it's time to grow up! You have a choice! Drink water, or find a cow farmer from Nevada! But, please don't keep living under the delusion that government is going to stop greed, or minimize exploitation. It will only increase it! The free market is not the best system in the world, but it is far and away better than any other system available! If you think the only way to make the world better is by taking away individual liberty, you are no better than communistic or socialistic leaders. Get your heads out of the clouds!

  • sergio Phoenix, AZ
    June 17, 2012 1:47 p.m.

    Romney's history and present actions don't indicate he is a patriot or statesman loyal to serving the nation and all its citizens; he appears to be self centered and dedicated to his ego and personal wealth and his rich friends. He is not his father's son in service to America.

  • Eric Samuelsen Provo, UT
    June 17, 2012 1:30 p.m.

    In fact, in a demand-side recession of this magnitude, what's needed is more stimulus; more money in the economy, more consumers consuming; hamburgers, among other products. But perhaps we can find a more useful cow analogy. .. .
    Romney, well, Paul Ryan, thinks the best way to make the cow healthy is to cut its feed, and then let it gorge itself unhealthily, a la Ultra Bob above.
    Also, let's not forget that when Obama got the cow, it was close to dead. He's nursed it back to a very tenuous health. So why should we return it to the previous owners, the very people who abused it so seriously?

  • ugottabkidn Sandy, UT
    June 17, 2012 11:33 a.m.

    But Blaine, he killed the cow in Massachusetts. He ran a slaughterhouse at Bain. I think if elected he will lead 99% of us to slaughter with his friends catching our blood, sweat and tears(profit). I wonder why you didn't use a teacher, policeman, or firefighter in your analogy?

  • The Dude Abides Salt Lake City, UT
    June 17, 2012 10:41 a.m.

    Except it is Congress, not the President, that sets the budget and controls the economy. Nor can the President pass laws.

  • Shaun Sandy, UT
    June 17, 2012 10:23 a.m.

    This analogy was poor. A president can make all the promises in the world but it is congress who has to embrace the policies of a president and I do not see that happening in this political climate.

  • goatesnotes Kamas, UT
    June 17, 2012 9:14 a.m.

    There is a well-established political myth in our country - that one knight in shining armor mounted on his white charger can save the United States. Isn't this exactly the scenario we watched play out in 2008 with disastrous results. All the teleprompter rhetoric in the world couldn't put the economy back together again.

    - Debt expanded by $5 Trillion

    - Deficits exploded

    - Entitlement spending went unaddressed

    - A responsible federal budget has not been put forward for over three years

    - Healthcare costs have not only been escalating, but the proposal to fix it will likely be ruled unconstitutional

    - Uncertainty in every sector of our society is rampant

    - The more BHO speaks the less people are inclined to listen

    Now we are to believe the white knight is going to be Mitt Romney?

    Would that it were that simple.

    What is needed is a leader who can consolidate the disparate factions of society and the political class to address the glaring issues of debt, deficits and gridlock. It's more than making the milk cow happy.

    I would love to believe the "uniter not divider" MIGHT be Mitt Romney.

    History teaches us there is no white knight for the milk cow.

  • Roland Kayser Cottonwood Heights, UT
    June 17, 2012 8:54 a.m.

    This letter has more to do with bulls than with cows.

  • Pippen Kaysville, UT
    June 17, 2012 8:31 a.m.

    Very appropriate analogy. Indeed the way both political parties perceive the people is as animals that need keeping. Some stupidly feed the animals their own milk and others want to PROVIDE them with freedom.

    I expect this perception can be traced to Cain's lilt that he wasn't his brother's keeper. If Cain said it, then surely the opposite must be true: we ARE our brother's keeper. Hence the perception by pious politicians that we the people must be kept... like cows.

    While appropriate, I reject the cow analogy morally. The government does not PROVIDE freedom... it can only defend it or violate it and too often it is the latter. And I reject the Cain/Abel premise. We are NOT our brothers' keepers. I don't want to be kept and I don't want to keep. I'm a man and I mean to live as one.

    The article title says "Romney can fix the economy". Any politician could. Just get out of the way! So, any politician CAN fix the economy. The question is WILL he? Judging from his record (Romneycare?) and his loyalties (Hatch?), I wouldn't bet on it.

  • Hutterite American Fork, UT
    June 17, 2012 8:31 a.m.

    Romney should be a dairy farmer.

  • Ultra Bob Cottonwood Heights, UT
    June 17, 2012 8:28 a.m.

    Business is a tool of Society. It’s purpose for existence is to provide those things and services to the society that the people of society cannot or don’t want to do for themselves. Business did not arise spontaneously, it was created, facilitated and allowed by society.

    Only be carefully controlling the actions of business can the best results be obtained for both society and business.

    Business operation allows a person to utilize and profit by his particular skills and efforts. The business platform provided by the American government permits and even promotes this in order to get the best results.

    Freedom for business also leads to many other ways to gain profit, such as the Bain activities that weed out the deadwood and inefficient in favor of more efficient operations. However sometimes the freedom to make profits overshadow and diminish the worth to the society.

    When business does more harm than good to the society, the society must step in and exercise it’s control over business and not allow business to harm it’s self and society.

    Business strategy may be great in the business world, but in the government an entire nation will be bad.

  • Moderate Salt Lake City, UT
    June 17, 2012 8:25 a.m.

    Mitt Romney is concerned about the happiness of the cows' FARMER, not the the happiness of the cows. The farmer thinks he can make a bigger profit if he moves his cows out of Amereica. Mitt Romney's policies encourage the farmer to do so. Mitt Romney can't produce a happy American cow when all the cows are moved to India.

  • Baron Scarpia Logan, UT
    June 17, 2012 8:12 a.m.

    So setting the cow free will save the eocnomy... what happens when the cow runs into the neighbor's yard? Can the farmer still get its milk?

    Romney stashes his profits in the Cayman Islands to avoid paying U.S. taxes and benefiting the U.S. economy.

    The problem with letting the cow run free is that too much milk gets diverted away from the farmer and ends up only benefiting the neighbors.

  • pragmatistferlife salt lake city, utah
    June 17, 2012 7:59 a.m.

    Seriously? Let's see Bush produced lower taxes, fewer regulations, and just how did that work out? Look up the stats for '07, and '08. Romney is proposing lower taxes, and fewer regulations..and it will be different how, particularly in an economy with low demand?

  • UTAH Bill Salt Lake City, UT
    June 17, 2012 7:56 a.m.

    Keep in mind Romney stated when the housing crisis struck he would NOT do anything to help Americans keep their homes. And, when our largest automakers were facing bankruptcy he said he would NOT help them and would let them go under. Can you imagine how much deeper our recession would have been with Romney in office?

  • Eli Tesecular PhD Salt Lake City, UT
    June 17, 2012 7:45 a.m.

    By the time the election rolls around President Obama probably will have convinced the cow to believe:"From each according to his ability, to each according to his need". If by then, the cow still isn't on board, he will loan the cow $1 billion dollars to produce a milk substitute that's just as good for us as the regular stuff.

  • Midvaliean MIDVALE, UT
    June 17, 2012 7:44 a.m.

    Over my lifetime the president of the United States seems to be irrelevant. Whomever the POTUS is we are still at war. We are still ALWAYS spending more money. Wage war, sell weapons, say otherwise. America's M.O. All the while slowly eroding freedoms from the people. I wonder what the U.S. will look like after my lifetime.
    I would love to see Romney win and do what the letter writer says he can. Heak, I'll even vote for it to happen.
    However I suspect the new boss will be the same as the old boss. It's a sad state of affairs.

  • Ultra Bob Cottonwood Heights, UT
    June 17, 2012 7:28 a.m.

    From my youth, I recall a newsreel depiction of what happens to a cow who gets the freedom of getting into the alfalfa field. The cow had gorged it’s self and lay in much pain and near death. A vet in an attempt to save the cow stabbed the cow’s side allowing a gusher of pent up pressure and overeating to erupt. I have no recollection of whether the cow lived or died.

    A cow is a tool of people who use it to produce food. Like a corporation, it is not people. In order to achieve the best results from a cow it must be carefully controlled and not allowed to have unlimited freedom. Controlling the cow is the best way to benefit people and the cow it’s self.

  • Blue Salt Lake City, UT
    June 17, 2012 7:00 a.m.

    Childish comparisons of our economy with cows are silly and pointless.

    The American economy is not a farm animal. It's huge, complex, and highly dynamic.

    America is not a struggling corporation - it's a nation.

    Moreover, Romney is pushing the exact same "pamper the rich" economic policies that created this massive recession in the first place.

  • Esquire Springville, UT
    June 17, 2012 6:23 a.m.

    This is silly. Which Romney? The one who says government should not intervene, or the one who says he will step in and save it? The problem is that we have no idea what Romney will do, let alone know where he stands on any issue. Merely parroting campaign propaganda really is useless.

  • JoeBlow Far East USA, SC
    June 17, 2012 5:22 a.m.

    I can agree that Romney would have some very good ideas on how to improve the economy.

    Unfortunately, his hands are tied and he would be limited by the GOP from implementing sound fiscal policy.

    Those on the right have already decided on what to do and no deviation from that plan is allowed, regardless of the wisdom and experience of Romney, or anyone else.