That said though, if all you're gonna use as sources for supporting your accusations re: Romney is barackobama.com and rachel maddow's blog, you're not likely to convince me.
Most, if not all, of the numerical data my sources provide that support the idea that Mitt Romney is a liar comes from nonpartisan sources like the Congressional Budget Office, a source you were perfectly willing to cite when you thought it supported your point of view. If you remain unconvinced, it's either because a.) You have nonpartisan evidence to the contrary that I (and people like me) have yet to see, or b.) You aren't being objective. Sorry to be blunt, bro.
That whole "5 trillion dollar tax cut" thing, for instance, is flat bogus, but Obama's campaign keeps beating on it like a drum. Besides the fact that the 5 trillion number is based on extending his proposed tax cuts over 10 years (he can only be president a max of 8 years)
Ignoring what you claim would offset that $5 trillion in tax breaks for a moment, it is accurate to say that Romney's tax plan would cut taxes by $5 trillion over ten years. While picking ten years to look at might be an arbitrary decision, it's still accurate. It doesn't matter if you pick four years, eight years, ten years, twenty years, etc. Romney's tax plan, if taken by percentages (20% tax rate decrease across the board) and what kinds of taxes he'd repeal (Alternative Minimum Tax, high-income payroll tax, estate tax, etc), causes a substantial decrease in yearly revenue. It just so happens that when you choose to look at it as ten years, it's a $5 trillion decrease in revenue, and these numbers are all from nonpartisan sources like the TPC.
You seem to be arguing that ten years is an unfair time span to look at since Romney can only be president for a maximum of eight years. Are you saying now that Romney's tax plan (a plan Republicans claim would work to both strengthen the economy and reduce the deficit) should only be temporary? You can argue one of two things: a.) That Romney's tax plan is a temporary stop-gap measure to help the economy that also worsens the deficit, which is why it would be temporary, or b.) That Romney's tax plan is something that both reduces the deficit and helps the economy, which is why it would be permanent. If you argue that ten years is an unfair time-span to look at, then you're arguing that it actually increases the deficit and that's why it's temporary.
the offset resulting from closing off deductions and loopholes currently enjoyed by the wealthy gets ignored.
You're absolutely correct that the topic of loopholes and deductions is ignored; it's ignored by Mitt Romney. Mitt Romney has not offered a single loophole/deduction he would close. In fact, each specific loophole/deduction he's been asked about (as far as I'm aware) he's said he would not eliminate.
Using ten years as an example, because it's convenient for the math, Romney's tax cuts would decrease revenue by $5 trillion. This is a fact according to every reputable nonpartisan group that has looked into the matter, such as the TPC. Even if Romney eliminates all tax benefits for the wealthy, corporate tax benefits, and middle class tax benefits, he still has a net reduction in revenue of $1 trillion, and this is ignoring the fact that he's already said that he wouldn't end many of these deductions.
So for those of you keeping track at home: $5 trillion - $4 trillion = $1 trillion in revenue loss, and that involves Romney going back on deductions he's said he wouldn't end. It should also be noted that without specifying a single loophole or deduction that he would close, it's unfair to take anything away from that $5 trillion in revenue reduction for the time being. But moving on:
Is it not possible that the positive effects on the economy over 10 years time couldn't offset that remaining 1 trillion???
There are a few problems with this. First of all, Romney arbitrarily claims that he would create 7 million jobs from the tax breaks, but there is no evidence to back this up. In fact,
the study Romney cites assumes that the tax breaks are already completely paid for and that the tax breaks are enacted when the economy is already at full employment. Economists agree that in a perfect economy, tax breaks are good for the economy; in a perfect supply-demand environment, tax breaks have the potential to allow businesses to increase product and labor, thus stimulating the economy more. However, in a poor economy, tax breaks for the wealthy do not do much to stimulate the economy, as I've already mentioned more times than I think I should have needed to. If you're a businessman and the poor economy has caused demand for your product to go down, your tax breaks are not going to incentivize you to hire more workers or buy more product when demand for the product is still low due to the poor economy; to stimulate a poor economy, you need to give money to people who need to spend it (like giving food stamps to people who are going to use that money ASAP) and increase employment through infrastructure spending like bridge-building, etc. This is the same principle that helped us get out of the Great Depression (World War II was one of the best forms of stimulus spending).
You're second problem is that we already have a deficit due to existing Bush tax cuts, less revenue coming in due to the recession, etc. Hypothetically, if there were any economic gains from Romney's tax cuts, which all the evidence says would be minimal at best, the increased revenue from people now having jobs or getting paid more would just go to fill in that part of the deficit that appeared when the recession hit in the first place and is irrelevant when talking about Romney's new additions to the deficit. It should also be noted that the economy is already on track to create around as many jobs Romney is claiming to be able to create anyway, which means that portion of the deficit we're talking about caused by people being out of work and not paying as many taxes is irrelevant when talking about Romney's policies.
Your third problem is that Romney wants to increase military spending by
$2 trillion without paying for it.
So for those of you still keeping track at home: $5 trillion - $4 trillion - $0 (something inconsequential) + $2 trillion = $3 trillion deficit increase, and that's giving Romney the benefit of the doubt when assuming a lot about the deductions/loopholes Romney would allegedly close. If, instead, you use the loopholes/deductions that Romney has specific said he would close:
$5 trillion - $0 (no loopholes/deductions mentioned) - $0 (no foreseeable affect on a poor economy, although it might have a minimal positive effect) + $2 trillion = $7 trillion added to the deficit.
Most of what I see called "Romney's lies" turn out to be disagreements over campaign promises and the expected effects of one policy vs. another, or mild distortions of statements he's made.
I think you might want to reread the pages I linked to, because saying things like that Obama has doubled the deficit, that Obamacare increases the deficit, or that Romney would create 12 million jobs in four years are blatant lies, not disagreements over campaign promises or expected effects of policies.
The 47 percent thing, for instance, is a glaring example - Romney said he wasn't going to worry about the 47% in his campaign strategy because his message of lower taxes and reducing dependency on government wasn't going to be received well by the segment of the population (47%) that are currently receiving government benefits and paying no income taxes, and so there was no point in campaigning to those people to get them to change their vote. That's very different from saying he "writes them off" or "doesn't give a shit" about that segment of the population
First of all, I don't think anyone significant has said that Romney used the words "doesn't give a shit."
Second, Romney said, "Forty-seven percent of Americans pay no income tax," and that his role "is not to worry about those people. I'll never convince them they should take personal responsibility and care for their lives." Ignoring for a second that I have no idea what you're getting at, have fun attempting to spin that.
I'm sure they're both lying, quite a large percentage of the time, depending on your perspective and what you consider a lie. It's like a choice between a shit sandwich, and a shit sandwich with lots of ketchup.
As I've already mentioned, there's a huge difference between embellishment and lying, and there is overwhelming evidence showing that Romney is a boldfaced liar. I refer you to my previous posts.