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The Truth About Romney Economics: John from GST Steel

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John worked at GST Steel when Romney Economics came to town.

Howard Dean: Let's Drive Over the Fiscal Cliff

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The so-called "fiscal cliff" refers to the expiration of the Bush tax cuts on December 31, 2012, along with a series of spending cuts that will be triggered on that same date. It is called a cliff because the change will not be gradual, but steep and dramatic.

In fact, all four significant Republican presidential candidates still standing are fiscal phonies

“In fact, all four significant Republican presidential candidates still standing are fiscal phonies. They issue apocalyptic warnings about the dangers of government debt and, in the name of deficit reduction, demand savage cuts in programs that protect the middle class and the poor.

March 1, 2012, in a column, “Four Fiscal Phonies,” about Romney's warning of a "Greece-style collapse" under Obama.

It's up to you to fight back

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Yesterday we got some news: the Romney campaign raised $76.8 million dollars in May. But that's only what Romney's official campaign raised.

Independent special interests and Super PACs on the right are building unprecedented war chests.

Romney Economics: Job Loss and Bankruptcy at Ampad

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With American Pad & Paper (Ampad), Mitt Romney and his partners took a small but successful paper products business and merged it with other companies in the industry, piling up debt as they went.

Romney Economics: Job Loss and Bankruptcy at Ampad

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 With American Pad & Paper (Ampad), Mitt Romney and his partners took a small but successful paper products business and merged it with other companies in the industry, piling up debt as they went. Ultimately, the company was unable to keep up with the interest payments on its debt and was forced into bankruptcy, but not before Romney and his partners were able to squeeze out more than $100 million for themselves.

El Plan Económico de Romney: Perdida de Empleos y Ampad se Va a la Bancarrota

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Cuando se trata de American Pad & Paper (Ampad), Mitt Romney y sus socios tomaron un pequeña compañía exitosa que producía productos de papel y la fusionaron con otras compañías en la industria, ahogándola en deuda conforme pasaba el tiempo. Al final, la compañía no alcanzaba pagar los intereses sobre la deuda y se tuvo que ir a la bancarrota.

Romney Economics: Bankruptcy and Bailouts at GST Steel

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Kansas City's GST Steel had been making steel rods for 105 years when Romney and his partners took control in 1993. They cut corners and extracted profit from the business at every turn, placing it deeply in debt.

Steel

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Kansas City's GST Steel had been making steel rods for 105 years when Romney and his partners took control in 1993. They cut corners and extracted profit from the business at every turn, placing it deeply in debt.

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