Mitt Romney Will Not Be Providing a Detailed Economic Plan Anytime Soon, Thankyouverymuch

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The Washington Post reports that Mitt Romney is tired of being derailed and is determined to refocus his campaign on the economy. He’s going to create 12 million jobs during his first term, and here’s his detailed 5-point plan to do it:

  • Drill, baby, drill
  • Bash China
  • Fix our schools
  • Cut spending
  • Cut taxes and regulations

Am I being unfair? Not really. If you click the link above you’ll see that his plan is about half a page long. There’s no real detail there and there never has been.

There are at least two reasons for this lack of detail. First, there’s the usual one: he knows that if he starts to get specific about taking away tax loopholes and cutting spending, people will realize that they don’t like some of the specifics. Cut ag subsidies and farmers get mad. Take away the home mortgage deduction and homeowners get mad. No politician ever wants to get specific about the price that voters might have to pay to balance the budget or let kids go to any school they want.

But there’s a second reason for fuzziness that’s very specific to Romney: his numbers don’t add up. They don’t even come close. Romney can’t offer details even if he wants to because any detail he provides would immediately demonstrate just how laughable his plan his.

So all those tea partiers who want details can forget it. They may be convinced that the American public will swoon if someone presents them with a full-throated, blow-by-blow defense of their principles, but Romney knows better. If he did what they want, his election chances would go from bad to zero overnight.

But there is one thing Romney is being oddly accurate about: his jobs claim. If he’s elected, he probably will be able to create 12 million new jobs over the next four years. That’s because this is a very modest goal. The economy will probably create 12 million new jobs no matter who’s president. This is a case where Romney is taking advantage of the public’s general innumeracy. Most people have no idea how many jobs a good economy produces, so there’s no point in making an outrageous claim. Sure, he could say he’ll produce 20 million jobs, but to the average voter that’s just as meaningless as 12 million or 100 million. So he might as well stick to reality.

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

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