Archive | May 21, 2012

Romney Economics: Job Loss and Bankruptcy at Ampad

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 […]

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Republican Paul Ryan Again Falsely Claims Republicans Would “Save Medicare”

Yesterday on Meet the Press, Republican Budget Committee Chairman Paul Ryan again falsely claimed House Republicans “showed the American people how we think we can save Medicare” and that “plenty” of Democrats support the Republican budget. In reality, not one single House or Senate Democrat voted for either of Ryan’s budgets which drastically cut Medicare […]

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