so romney is projecting he will create millions of jobs and cut spending based on work by this guy. http://www.amazon.com/Dow-36-000-Strategy-Profiting/dp/0609806998 Has anyone noticed that the Romney advisor behind the âRomney Economic Boomâ is the guy responsible for one of the most spectacularly wrong and wildly optimistic economic predictions of the 1990s? This week the Romney campaign was knocked on its heels by a study which suggested that Romneyâs tax plan would â in addition to giving a windfall to the wealthiest Americans â increase taxes on 95% of Americans. So the guy whoâs running for President to turn back President Obamaâs supposedly high-taxing and deficit creating ways would actually raise taxes on virtually everyone and also explode the deficit. But, wait, thereâs more! Now, one of Romneyâs problems in this debate is that heâs actually been extremely resistant about releasing any actual information about whatâs in his plan. And thatâs forced analysts to make various assumptions about what heâd actually do. But the campaignâs main campaign angle has been to posit a Romney Economic Boom that would take hold on Romneyâs election. So basically, all the formula and modeling doesnât really matter because Romneyâs policies would spur such massive growth that tax revenues just couldnât help but go up and everyone would do great. So a typical supply-side argument. But just look who the campaign is putting forward as the expert on the Romney Economic Boom. Iâm sort of surprised no one has pointed this out. Itâs none other than Kevin Hassett. Whoâs Kevin Hassett? Well, heâs none other than the coauthor of the spectacularly boomtime late 90s bestseller Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market. As TPM Reader WM points out, not only was the book amazingly wrong and basically assumed the tech boom was permanent, the whole concept was based on the idea that stocks should be valued on a âformula that double-counted earnings and dividends. A true classic in wingnut economics.â Now, just to clarify: Dow 36,000. This is the expert people are supposed to trust when weâre told that the economy will grow so fast that normal tax analysis pretty much wonât matter any more in the Romney Economic Boom?