|Penthouse residents access a private elevator. They urge those living on ground floor to seize the American Dream by using a public elevator. It's located near the opportunity desk. Enter there.
Republicans at their national convention in Tampa repeatedly affirmed fiscal path markers to success. They traveled a yellow brick road leading to boundless opportunity for each citizen, even those cramped in garden apartments.
Warns Brooks, "Struggling Americans can be forgiven for saying that they don't believe it [moving up in the world], and that the Republicans seem out of touch. That is why the 47 % comment [by Mitt Romney] created such a potent political opportunity for Mr. Obama."
Romney strutted like a rooster on "Freedom Boulevard" during the first presidential debate in Denver. With a trademark half-smile, he confidently denied his fiscal plan would cause sacrifice for the middle class. Romney's slippery verbal moves sidestepped potholes in his road to recovery. He denied they existed at all.
He confidently rounded truth's corners. "I don't have a $5 trillion tax cut," Romney exclaimed. Staring at President Obama, he asserted, "I don't have a tax cut of a scale you're talking about." With each denial, Romney's nose appeared to grow longer.
The Tax Policy Center, which doesn't favor one fiscal road over another, analyzed Romney's errant math. This watchdog agency concluded that, with a 20 % across-the-board cut in federal income tax rates plus elimination of the Alternative Minimum Tax and a reduction in estate taxes, Romney's plan adds up to a $5 trillion tax cut.
The result: the Romney plan walks our nation down a rocky road of huge tax cuts that deepen national debt. It WILL NOT start a business cycle of private sector growth filling government's coffers with more tax revenues. Nor will these tax cuts lower deficits or pay down their debt. Romney's road is a bridge to financial ruin.
Commentator David Wessel concludes in his editorial "Candidates Avoid Promises on Deficit" how "The [first presidential] debate was heavy on statistics but light on arithmetic." Romney "made three explicit statements: 'I won't put in place a tax cut that adds to the deficit.... I will not reduce the share [of taxes] paid by high-income individuals.... I will lower taxes on middle-income families." Says Wessel, "Because he hasn't released any details on this tax plan, those three assertions continue to expose him to accusations that he is describing a triangle where the angles don't add up to 180 degrees" (The Wall Street Journal, October 5, 2012, p. A4).
Voters stand at a fork-in-the-road before they mark their ballots. "Whether you turn to the right or to the left, you will hear a voice behind you, saying, 'This is the way; walk in it'" advises the scriptures (Isaiah 30:21). Which road will the majority choose? Poor people's fiscal elevator is broken. Middle class Americans can't locate the 1%'s private elevator leading to higher floors.
President Obama's road towards economic progress strikes a vital balance between private enterprise and public authority-fairness with liberty. Obama opens doors to a more just nation. The 47% get a chance to move up in the world.