Economists to Romney campaign: That’s not what our research says

[Bucky]

http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/08/08/economists-to-romney-campaign-thats-not-what-our-research-says

These are the same economists that Krugman smoked out over the weekend. Looks like some people value their professional reputations over rubbing elbows with the wealthy.

[font size="4"]Economists to Romney campaign: That’s not what our research says[/font]

On Tuesday, the Romney campaign responded to the fire it’s taking from economic analysts by unleashing some artillery of their own. They released a paper by four decorated economists associated with the campaign — Glenn Hubbard, Greg Mankiw, John Taylor, and Kevin Hassett — that tried to lend some empirical backing to “The Romney Program for Economic Recovery, Growth, and Jobs.”

Hubbard, Mankiw, Taylor and Hassett make three main points: The first is that this recovery has been terribly slow, even by the standards of post-financial crisis recoveries. The second is that the Obama administration made a grievous error by relying on stimulus. And the third is that Romney’s tax and economic plans would usher in an era of rapid growth that would both be good for the country and provide the boost to revenues and employment necessary to make their numbers work out.

Each of these sections include supporting documents from independent economists. And so I contacted some of the named economists to ask what they thought of the Romney campaign’s interpretation of their research. In every case, they responded with a polite version of Marshall McLuhan’s famous riposte. The Romney campaign, they said, knows little of their work. Or of their policy proposals.

Coming up next: Rifalca will start distancing himself from the Romney campaign.

[zbdent]

1. Remember, in the early 90s, the Republicans were saying that the Clinton budget

would put us in a hole we would never get out of ...

[Bucky]

2. Yes, but what we didn't know at the time....

...was that they would supply the 'hole we'd never be able to recover from.