Mitt Romney: Federal Reserve Should Avoid Stimulus

The Republican presidential hopeful says he doesn’t think another round of stimulus would help the economy, arguing that previous measures didn’t work.

via Mitt Romney: Federal Reserve Should Avoid Stimulus.

The first rounds of stimulus were a “Cheap Trick”, which is a strategy instead of a process. Like all strategy it is flawed, but for Romney to say it didn’t work is a lie.

And Romney knows strategy, so it was a deliberate lie.

Romney knows strategy. Otherwise he would never have been able to pull the Olympics off in Utah.

He used one strategy in Utah (throw money at it and it will somehow work itself out), and that strategy was flawed, but it worked.

The stimulus used a similar strategy (get money into people’s hands and they will know what to do with it), and like Romney’s strategy in Utah  it was flawed, but it worked. Perhaps it didn’t work like it should have, because most Americans  would complain, even if they are hanged by a new rope. Perhaps that is a poor metaphor, when talking stimulus.

Unlike Romney’s strategy in Utah, the Fed’s strategy of the stimulus may or may not be over with. The Olympics in Utah are over, and the American taxpayers are still paying for it. As for the stimulus, it is not clear yet if it’s over, because there is a year lag in the process when reporting on the economy, and the American taxpayers are still paying for it.

If Romney wins, he had better hope the stimulus has worked, because he hasn’t given the country any hints as to what his strategy is, going forward, other than he is an anti-Obama. This strategy (anti-Bush) worked for Obama, but then there was a strategy in-place when Obama took over. Romney’s apparent strategy is that he wants to wipe the slate clean of strategy and start over.

As Romney is a strategist, I am sure he has some idea (strategy) as to where he wants to take us.

It is probably better for him to wait and tell us directions after he’s elected, than now. There is a good chance not many of us are going to buy into where he’s going, until he Acts.

Once he Acts as POTUS it is going to be too late to worry about strategy, because it will be all process, as our economy gets another work-out.