Romney was a lying sack of s--t last night

Romney may have "won" last night's debate according to snap polls, (I watched the first 15:00 then I couldn't take Romney's lying anymore), but he proved once again that he's willing to say anything to get elected, promising us that we can have our cake ($4.8 trillion in tax cuts) and eat it too (zero deficits).

Welcome back, Big Government Conservatism!  How ya been, Voodoo Economics!

Seriously, we've been through this GOP charade how many times already?  And Republicans just keep on trying it.  You know, like when Dubya cut taxes and it was supposed to grow our economy, not the deficit.  Instead, from 2002-2009, Dubya increased our national debt 91 percent or  $5.9 trillion!

Now here's the truth. This is what the non-partisan Tax Policy Center said in August about Romney's proposed 20 percent across-the-board tax cuts, on top of a permanent extension of Bush's tax cuts:

The basic arithmetic of revenue neutrality requires eliminating $360 billion worth of tax expenditures [in 2013] to offset $360 billion of [Romney's proposed] tax cuts. [...] Thus, in order to offset $360 billion in cuts, one must eliminate 65 percent of all of the available $551 billion in tax expenditures.

TPC says these cuts will total $480 billion by 2015.  Total this up over 10 years, as the Obama campaign did, and you get $4.8 trillion that must be made up for somehow.  PolitiFact confirmed it.  

Romney refuses again and again to tell us what tax expenditures he'll end and which loopholes he'll close.  Where's the money going to come from?  Don't worry, he's a business pro, he'll find it, that's what we're supposed to believe!  (Maybe it's hiding in Romney's couch cushions... or in the couches in his offshore banks).  

And it gets worse: Romney wants to increase military spending by $2.1 trillion. That brings the total of unfunded tax cuts and spending hikes to $6.9 trillion, as President Obama correctly pointed out last night.  

(I guess when you calmly call somebody on his B.S. like Obama did to Romney last night, it's considered a losing tactic.  I suppose Obama should have been screaming, jumping up and down, and accusing Romney of being a pants-on-fire charlatan while doing the "you're crazy" finger twirl next to his temple?....)

   

Anyhow, here's how Romney responded to Obama's telling it like it is:  

I'm not looking for a $5 trillion tax cut.  What I've said is I won't put in place a tax cut that adds to the deficit.  That's part one.  So there's no economist can say Mitt Romney's tax plan adds $5 trillion if I say 'I will not add to the deficit with my tax plan.'  Number two, I will not reduce the share paid by high-income individuals.  [...Romney makes a joke about how often his own children lie to him...]  I will not reduce the taxes paid by high-income Americans.  And number three, I will not under any circumstances raise taxes on middle-income families.  I will lower taxes on middle-income families.  

Exactly.  I mean... huh-what?!?  [Double take.]  Mitt Romney just promised us that he would reject his own tax plan!

The Tax Policy Center's Howard Gleckman summed it up thus: "Romney’s problem is he cannot possibly achieve all of these goals. He is doomed by both political reality and simple mathematics."

Folks, seriously, do the arithmetic.  It's not hard.  Then decide if you want to be deceived or not.  If you want to be lied to then, by all means, vote for Romney.  This guy is an empty suit stuffed with deceit and calumny.  

UPDATE:  Paul Krugman pointed out in the NYT how Mitt also lied his ass off that his healthcare plan covers pre-existing medical conditions, which is just flat untrue. Romney lied many, many more times during the night, but I'd say these were the biggest two whoppers.