Suppose his inability to do basic arithmetic ought not surprise me as his "work" experience went thus: borrow millions to buy a company by bankrupting it with debt, make millions in management fees, sell the business before it craters, and walk away from the ruins whistling on his way to the bank.
[— One of the biggest disputes was over tax cuts. Obama argued that Romney's plan to stimulate the economy includes a tax cut totaling $5 trillion that, Obama said, isn't possible because the Republican nominee is also promising to spend money in other places.
Romney flatly disputed that number. "First of all, I don't have a $5 trillion tax cut," he said.
Who's right? The Washington Post's Fact Checker says the facts on this one are on Obama's side. The New York Times notes that Romney "has proposed cutting all marginal tax rates by 20 percent — which would in and of itself cut tax revenue by $5 trillion."
FactCheck.org has weighed in too, tweeting during the debatethat "Romney says he will pay for $5T tax cut without raising deficit or raising taxes on middle class. Experts say that's not possible."]
http://www.npr.org/blogs/itsallpolitics/2012/10/03/162263539/romney-goes-on-offense-pays-for-it-in-first-wave-of-fact-checks?ft=1&f=1001&sc=tw&utm_source=twitterfeed&utm_medium=twitter
http://www.latimes.com/news/politics/la-pn-fact-check-romney-healthcare-20121003,0,5148610.story
http://www.latimes.com/news/politics/la-pn-fact-check-debate-romney-tax-20121003,0,3813713.story
http://www.latimes.com/news/politics/la-pn-fact-check-romney-medicare-cut-20121003,0,3111207.story
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