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Mitt Romney announces Paul Ryan as running mate

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There are entire economic schools dedicated to what is referred to as 'trickle-down' economics. To say that it has no academic integrity is to ignore huge swathes of peer-reviewed literature. To assign an intention on those that believe in the theory behind it is really quite ridiculous.

The problem isn't that it doesn't have any academic integrity but that the application of it is limited in scope and the politicians that promote it either don't acknowledge the limitations or promote the limitations as a feature. You can encourage the rich to spend the additional money they now have due to tax cuts but you can't force them to spend at all, you can't force them where to spend, and you can't force them to spend in a way that promote growth in the middle and poor classes. It's a "you can't push on a string" type policy, so making it a "go to" economic policy at a federal level is inadequate at best or nonsensical at worst.
 
EV is an advocate of Modern Monetary Theory, which, if I understand it correctly, is the view that as long as a country is solvent in its own currency, deficits do not matter to any great extent until full employment is reached, for only then will inflation be any kind of real threat.

Edit: Not that I don't think you would know what MMT is; I was more summarizing it for myself and others that might not be as familiar.

Ah, I was thinking he was a lefty libertarian. Much appreciated!
 
I think NC and Florida are both going red.

Ryan was the worst possible VP for Romney in Florida. Now Obama can hammer him even worse, thanks to Ryan's views on Medicare. Add in that with Rick Scott being the most disliked governor ever, and Florida's looking very likely to go blue.

Recent polls have all had Obama up too.
 
So with Rubio not being VP, where will Florida stand. Will it be blue again or swing back to red?

The seniors in Florida are being gripped by fear as they hear the ominous blaring of "Oh Fortuna" in their heads after the announcement of the Romney Ryan ticket.
 
I've often wondered if this is actually true. Do you think they actually BELIEVE in "trickle down", or are they just pulling a fast one to make themselves and their buddies even more money? If America ultimately failed due to the extinction of the middle class and the financial wealth of the top 1% shifted to be 98% of the wealth, would these guys be laughing all the way to the bank, or would they be scratching their heads in perplexity wondering where it all went wrong?

Depends what you mean by "America failed." Even in the most failed of failed states, there are oligarchs who have a lot and do quite well, and America's not going to be the Central African Republic any time soon. If 90% of America is working at subsistence wages while extremely rich people reap the rewards, well, that's a well-known government model -- it's called feudalism. It was doing pretty well* until the middle class emerged and screwed it up. If they can put that genie back in the bottle, who knows how long they can hold on?

I think NC and Florida are both going red.

Public Policy Polling tweeted just now: the Ryan Plan has -16 approval rating in Florida and -23 in North Carolina.

The debates should be interesting. Big 180 from 2008. Biden is definitely the underdog and Ryan should kill him there, but well see how it turns out.

Bernstein from the WaPo:

postpartisan said:
That’s not to say that Ryan will in fact wind up as a pick who hurts Romney in November. It’s just that it is not safe to assume that the clear political skills he’s shown inside the House will translate well. He has, for example, considerably less high-profile debate experience than even the Sage of Wasilla had last time.

That's right -- he has less debate experience than Sarah Palin.

* That is, it was doing pretty well for anybody named Habsburg, Capet or Plantagenet.
 
Ryan was the worst possible VP for Romney in Florida. Now Obama can hammer him even worse, thanks to Ryan's views on Medicare. Add in that with Rick Scott being the most disliked governor ever, and Florida's looking very likely to go blue.

Recent polls have all had Obama up too.

Not to mention Social Security. Ryan's plan in 2005 to privatize it was so toxic the Bush administration rejected it.
 
Republicans trying to ensure their first victory in Wisconsin in what...24 years? Dat swing state pressure.

Romney is not going to win Wisconsin.

Also, he can likely kiss his chances in Florida goodbye since he's going to spend the next three months defending the fact that his running mate wanted to privatize social security and turn medicare into a voucher program.
 
Romney is not going to win Wisconsin.

Also, he can likely kiss his chances in Florida goodbye since he's going to spend the next three months defending the fact that his running mate wanted to privatize social security and turn medicare into a voucher program.

Question is will Obama be able to capitalize on this or will the cries of DEATH PANELS drown them out. I think Obama has a much better shot at Florida but i think it will come down to the wire. Not like this is some 2000 level election because Obama has Ohio and a bunch of other states that could easily put him over the edge without Florida. I just want to see Mitt lose in one of the biggest implosions ever to send a large message to Republicans that tea time is over.
 
Florida is definitely blue, the accepted view is that Romney's only chance in Florida was Rubio.

I don't think it's definite- not with the possibility of shenanigans.

I also don't think NC polls the rural areas too well, so I think that's going to Romney.

FL is definitely more in play than NC.


As for Ryan, I think in terms of boosting his base, it's a good pick, and this election is us vs them more than any election since the Civil War era, so it's all about boosting your own vote and depressing the other guy's vote. The key for Obama these next three months is not to screw up- I think he wins if no disasters happen.
 
Ryan a P90X buff

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Question is will Obama be able to capitalize on this or will the cries of DEATH PANELS drown them out. I think Obama has a much better shot at Florida but i think it will come down to the wire. Not like this is some 2000 level election because Obama has Ohio and a bunch of other states that could easily put him over the edge without Florida. I just want to see Mitt lose in one of the biggest implosions ever to send a large message to Republicans that tea time is over.

Yep. Obama can win without Florida, but Romney has NO realistic path to 270 without it. Romney could win Nevada, Colorado, Iowa, Wisconsin, Ohio, Virginia, and North Carolina and still lose the election because he didn't take Florida. Democrats should not be complacent just yet, but Romney has a very, very difficult path to 270 ahead of him.


I just cannot fathom Romney's reasoning behind this.

This pick gets him almost nothing. Potentially worse than nothing.

His big money donors are happy. That's all that really matters to him.
 
538 did a "ideology model". Very interesting:

Politics 101 suggests that you play toward the center of the electorate. Although this rule has more frequently been violated when it comes to vice-presidential picks, there is evidence that presidential candidates who have more “extreme” ideologies (closer to the left wing or the right wing than the electoral center) underperform relative to the economic fundamentals.

Various statistical measures of Mr. Ryan peg him as being quite conservative. Based on his Congressional voting record, for instance, the statistical system DW-Nominate evaluates him as being roughly as conservative as Representative Michele Bachmann, the controversial congresswoman of Minnesota.

By this measure, in fact, which rates members of the House and Senate throughout different time periods on a common ideology scale, Mr. Ryan is the most conservative Republican member of Congress to be picked for the vice-presidential slot since at least 1900. He is also more conservative than any Democratic nominee was liberal, meaning that he is the furthest from the center. (The statistic does not provide scores for governors and other vice-presidential nominees who never served in Congress.)

11fivethirtyeight-ryan-dwnominate-blog480.png


I'm playing around with an electoral map if Romney loses Florida. It isn't good.
 
538 did a "ideology model". Very interesting:



http://graphics8.nytimes.com/images/2012/08/11/us/politics/11fivethirtyeight-ryan-dwnominate/11fivethirtyeight-ryan-dwnominate-blog480.png[IMG]

I'm playing around with an electoral map if Romney loses Florida. It isn't good.[/QUOTE]

But is he VP-enough material to shoot a man in the face and then receive an apology?
 
I would think his big money donors would be happier with a pick that would actually help him win Florida and Ohio.

In all honesty, Mitt typically comes off as a pretty risk-averse guy. For months inside chatter led everyone to believe it was going to be a harmless guy like Portman or Pawlenty. My guess is that Romney's handlers had more say in this decision than Romney himself did.
 
I'm playing around with an electoral map if Romney loses Florida. It isn't good.

Yea, I am not seeing many paths to 270 for Romney after this.

Ryan has voted against Pell Grant funding, emergency unemployment extensions, healthier/reduced lunches for poor children, and for his scary budget.

I don't see how he adds much to a ticket during a massive recession.
 
I knew it was never going to happen but I was still hoping for Gingrich as VP. That way there is at least one politician in Washington that is a space/NASA fanboy.

:(
 
So, so perfect. Two big money corporate cock sucking big wigs on one ticket.

Paul Ryan has voted against me and my interests (he's my state rep) time and time again. I look forward to returning the favor one last time.
 
LOL this sealed Florida for Obama. What a moronic choice. But then again, it's not exactly a party of geniuses either. Mitt introducing Ryan as "The next president of the United States" was hilarious. Apparently Palin doesn't have a patent on stupid.
 
Of all the swing states, Obama can lose Colorado, Nevada, Ohio, Wisconsin, Virginia, North Carolina, and Iowa and still win 270 electoral votes with just Florida, Michigan, and Pennsylvania (those last two he was already going to win, folks).
 
The seniors in Florida are being gripped by fear as they hear the ominous blaring of "Oh Fortuna" in their heads after the announcement of the Romney Ryan ticket.

"Oh sfortuna" is italian for "how unfortunate basically.

I'm still laughing so hard at the "welcome the next president of the united states of america paul ryan" :lol romney is gonna lose hard.
 
Of all the swing states, Obama can lose Colorado, Nevada, Ohio, Wisconsin, Virginia, North Carolina, and Iowa and still win 270 electoral votes with just Florida, Michigan, and Pennsylvania (those last two he was already going to win, folks).

Michigan and Pennsylvania were never going to be swing states. That was mostly just the media trying to create as many swing states as they could in order to make the election seem as wide open as possible.
 
Exercise works.
But the theory behind why P90X is the way to exercise is based on pseudo-science.

Who even cares about the theory when doing P90X? You lift weights, you do pushups, you do pullups while being instructed step-by-step by some tanned dude. It couldn't be simpler, and it works just fine.
 
Michigan and Pennsylvania were never going to be swing states. That was mostly just the media trying to create as many swing states as they could in order to make the election seem as wide open as possible.

I know, I was basically saying if Obama wins Florida, Romney's done.
 
In all honesty, Mitt typically comes off as a pretty risk-averse guy. For months inside chatter led everyone to believe it was going to be a harmless guy like Portman or Pawlenty. My guess is that Romney's handlers had more say in this decision than Romney himself did.

I actually think this was mostly Mittens. It tells me that he's still paranoid about the GOP base, which seems really silly at this point in the game.
 
Of all the swing states, Obama can lose Colorado, Nevada, Ohio, Wisconsin, Virginia, North Carolina, and Iowa and still win 270 electoral votes with just Florida, Michigan, and Pennsylvania (those last two he was already going to win, folks).

And this is why I keep saying that a Romney victory is flat out extremely, unlikely.

At this point the only thing that we should be concerned about is congressional elections.
 
Paul Ryan seems like the type of guy when he hears that there are too many people on food stamps his solution is to get rid of the food stamps.

Close. Actually, Ryan is the kind of guy who when he hears that food stamps exist his solution is to get rid of the food stamps. In the current economy it's more or less interchangeable.
 
And this is why I keep saying that a Romney victory is flat out extremely, unlikely.

At this point the only thing that we should be concerned about is congressional elections.

Which actually favor the dems with Ryan on the ticket at least if Ryan is actually negative for the Romney camapaign. What are the chance they actually take back the house anyway?
 
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