Thursday, September 20, 2012

Mitt Romney Tells the Truth About A Lie

So Romney is in trouble for telling the truth about a lie. Why is everyone so upset? Because Romney dared to mention that about half of Americans don't pay any income tax, and so aren't likely to be tempted by tax cuts? What shocking revelations are we going to hear next? That you can't sell Nicorette to people who don't smoke? That supermodels aren't hugely interested in books on weightlifting?


Sure, entitlement growth is pretty jaw-dropping -- in 1960, the US government transferred about $24 billion to individuals -- by 2010, that total was almost 100 times larger, in constant dollars. Once you adjust for inflation and population growth, entitlement transfers have grown 727 percent over the last 50 years. So yeah, it's a big, increasing and totally predictable problem -- but why on earth are Republicans talking about it? Oh, right, because Republicans are so against entitlement spending? Well, except for the inconvenient fact that entitlement spending rises 8% faster when Republicans are in charge.-

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