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Where Would The U.s. Be Now If Mitt Had Won Against Mccain And Obama In 2008?

By Networking Security Posted in: security job

From Mitts statements.
He would have let GM and Chrysler go broke meaning 3 million people would have lost their jobs and all the vendors that were owed money by them would have only received a nickel on a dollar for goods and services they provided to them. They in turn would have gone bankrupt. It would have cascaded down to affect everyone in the country.
He would have let the big banks go bankrupt. That would have caused a world wide Depression which would take decades to recover. Chances are that many governments aroung the world would have been overthrown much like the Arab Spring resulted from our economic slowdown. We get a cold and the rest of the world gets pneumonia.
There would have been no stimulus package which was needed to restore the faith of business lenders so short term operational loans to businesses would have stopped. Employees would not get paychecks and suppliers would have unpaid bills. That too would have cascaded into disaster for businesses unrelated to either the banks or the auto companies.
Pressure from the Teabaggers in Congress would have cut spending to those living on Social Security pensions, Welfare, food stamps, education and local grants that maintain schools and roads.
Good chance that National Parks would have closed. Rich people seldom use them so they are not needed.
Government employees would have been let go which would result in long delays for court cases, criminal prosecutions and fundamental things like marraige licenses and title transfers.
Sizeable tax breaks for the wealthy including zero tax on capital gains which few middle class people invest in.
No National Health Care plan and even increased fees for Medicare perscriptions and hospital care. Those unable to pay would suffer with their medical problems until they died.
With the collapse of the economy, grocery stores would run out of food. Gas stations would have no gasoline.
There would be no government investment in Green Energy or Science. Everything would stop so we could eliminate the national debt.
But Mitt is back for another shot at it so he has a chance to fufill his destiny.

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  1. Anonymous Says

    From what he has said in his campaign we would be worse off. Take a look at his economic plan which is the basic republican plan more tax cuts for the rich and corporations the same things that they have done for the past thirty years and he is doubling down. He is running on his business experience which is not a good thing if you like jobs.

  2. Anonymous Says

    Hard to say. The Mitt of 2008 was as different from the Mitt of 2012, as the Mitt of 2004 was different from the Mitt of 2008.

  3. Anonymous Says

    You are going to soon see that Mitt will be worse than Obama. His religion of Mormonism is as goofy as Jonestown.

  4. Smoking Joe Says

    So hard to say…nobody can go back with a time machine and see what would happen if TARP and the stimulus packages weren’t done.

  5. Ann Coulter Says

    But Mitt says he is a good president for the economy…

  6. celeste1 Says

    ….and then someone would drink the spoiled milk…and turn into a zombie….and then bite his friend…..and then we all would have been zombies! and the world would have ended….the end…

  7. Andy F Says

    Excuse me for doing this — I greatly prefer Obama to Romney myself.
    But to answer your question as you asked it, if Mitt had defeated Obama in 2008, we’d be living in an ALTERNATE UNIVERSE.
    Who knows what physical and political rules would prevail in that alternate universe?
    Possibly, Mitt would have done exactly what you suggest. But possibly, too, we all would be breathing methane or breathing underwater via gills. Possibly, Lebanon would have conquered the world by now — in that alternate realm.
    The timeline we actually inhabit is one in which Obama won in 2008, and Romney didn’t.
    Science fiction writers can speculate about what “would” have happened if history were otherwise, but it’s only speculation.
    Could you rephrase this question so that it refers to the future, not an alternate past that none of us can possibly visit?
    – democratic socialist

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