Romney In Lockstep With "W" On Fixing The Economy

You have no doubt heard about the flap over comments Mitt Romney made about the London Olympics during a recent NBC NEWS interview with Brian Williams. If you are unaware of Romney’s international incident scroll down to the blog posting immediately following this one.

The Brits are certainly justified in their anger over Romney’s comments.  But Romney made some other statements in this interview that should deeply concern Americans.

Williams asked Romney to explain to Americans how his economic policies differed from those of George W. Bush.  Romney responded by listing the five major components of his economic agenda:

 “One,take advantage of our economic resources, particularly natural gas, but also coal, oil and renewables…Number two, trade, I want to dramatically increase trade and particularly with Latin America…Number three, take action to get America on track to have a balanced budget…Number four, we’ve got to show better training and education opportunities for our current workers and for coming workers…And then finally what I call restoring our economic freedom.  That means keeping our taxes as low as possible, have regulations modern and up to date, get health care costs down.  These things will restore our economic freedom.  So my policies are very different than anything you have seen in the past.”

Not really!

In fact these are the same failed policies that George W. Bush implemented during his two terms as President; the same policies that drove us into the greatest recession since the 1930’s.

Want proof!  Take a look at the country’s economic growth over the last four decades.  The country’s worst period of economic growth occurred during Bush 43’s administration BEFORE the melt down in 2008.  Now Romney wants to resurrect those same failed policies.  This makes sense given that his economic team is composed of the same gaggle that advised “W.”

You may hate Obama’s Affordable Care Act, despise his bailouts of the auto and financial industries and see his stimulus program and Jobs Act as the second coming of Lenin; but at least this President is trying to correct today’s economic problems with a view toward the future rather than a return to a failed past.

The President understands that the definition of insanity is doing the same things over and over again and expecting a different result.  Mr. Romney has yet to learn that lesson.