Mitt Romney, in an interview for TIME magazine, said that trying to balance the budget too quickly through draconian budget cuts could throw the country into recession or depression. But the proposed budget formulated by Paul Ryan, which Romney supports, has been criticized for doing just that. Moreover, Republicans have been quite clear in their contention over the years that large budget cuts would actually promote growth by removing “uncertainty”. Perhaps this is why the Romney campaign has been reluctant to allow Mitt to participate in unscripted interviews: he might accidently blurt out the truth and undermine Republican policy positions.
Mitt admits it’d be a mistake
For budget cuts too big to make
It’d throw the country into recession
And maybe even into depression.
But this ain’t what the GOP
Has maintained so adamantly:
For over thirty years it’s said
That budget cuts cause growth instead.
But no one on the right complains
That Romney now agrees with Keynes.