How are you gonna do that?
I thought Paul Krugman's latest column sums up Mitt Romney's lack of specifics pretty well:
As many people have noticed, Mr. Romney's five-point "economic plan" is very nearly substance-free. It vaguely suggests that he will pursue the same goals Republicans always pursue - weaker environmental protection, lower taxes on the wealthy. But it offers neither specifics nor any indication why returning to George W. Bush's policies would cure a slump that began on Mr. Bush's watch.
In his Boca Raton meeting with donors, however, Mr. Romney revealed his real plan, which is to rely on magic. "My own view is," he declared, "if we win on November 6, there will be a great deal of optimism about the future of this country. We'll see capital come back, and we'll see - without actually doing anything - we'll actually get a boost in the economy."
I think we had this refrain several months ago. People will be SO MUCH happier when Romney is President that it will just HAPPEN! It doesn't matter that there is still low demand for good and services - what is that, economics? Pfft!
In fairness to Mr. Romney, his assertion that electing him would spontaneously spark an economic boom is consistent with his party's current economic dogma. Republican leaders have long insisted that the main thing holding the economy back is the "uncertainty" created by President ObamaÃ¢ÂÂs statements - roughly speaking, that businesspeople arenÃ¢ÂÂt investing because Mr. Obama has hurt their feelings. If you believe that, it makes sense to argue that changing presidents would, all by itself, cause an economic revival.
As it happens, Mr. Romney offered a testable proposition in his Boca remarks: Ã¢ÂÂIf it looks like IÃ¢ÂÂm going to win, the markets will be happy. If it looks like the presidentÃ¢ÂÂs going to win, the markets should not be terribly happy.Ã¢ÂÂ HowÃ¢ÂÂs that going? Not very well. Over the past month conventional wisdom has shifted from the view that the election could easily go either way to the view that Mr. Romney is very likely to lose; yet markets are up, not down, with major stock indexes hitting their highest levels since the economic downturn began.
ItÃ¢ÂÂs all kind of sad. Yet the truth is that it all fits together. Mr. RomneyÃ¢ÂÂs whole campaign has been based on the premise that he can become president simply by not being Barack Obama. Why shouldnÃ¢ÂÂt he believe that he can fix the economy the same way?
Yes, he is the "not" Obama. Did pick up that phrase from his supporters or did they get it from him? Hmmm.
Here is a link that might be useful: source