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VIDEO: Mitt Romney slips, tells the truth, completely invalidates GOP Economics 101 + says Bain ?didn?t create? jobs

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The whole Republican premise of austerity GOOD, stimulus BAD just got flushed down Willard M. Romney?s gold-plated toidy. From the guy who usually lies his coiffed head off, a moment of truth slipped out.

Esquire?s Charles Pierce gives us the original quotes from the Mark Halperin interview with Mitt that Chris Hayes refers to in the video clip above. I also included part of Pierce?s perfectly-worded reaction:

Halperin: Why not in the first year, if you?re elected ? why not in 2013, go all the way and propose the kind of budget with spending restraints, that you?d like to see after four years in office?? Why not do it more quickly?

Romney: Well because, if you take a trillion dollars for instance, out of the first year of the federal budget, that would shrink GDP over 5%.? That is by definition throwing us into recession or depression. So I?m not going to do that, of course. [...]

Cutting government spending will throw us into a recession or depression? No Christmas cards from the Ryan household this year, Willard.

What?s that word again? Oh yeah:

But wait! There?s more! Thanks to Jed Lewison, we have video of Willard debunking his own ?Bain Capital: Job creator? claims in, count ?em, nine seconds. First the claims (H/t: @MzYun):

Now the very succinct debunkitude:

Mitt Romney, March 13, 2012, KMOV TV St Louis, Missouri:

?We didn?t create them ourselves, they [the businesses we invested in] did.?

Note to Mitt: It?s the middle class that creates jobs.

Here?s the entire Maddow show segment:

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