Romney: Obama worst for small business since Carter

Is this week's anti-American chaos in the Arab world going to be President Barack Obama's Jimmy Carter moment or Republican challenger Mitt Romney's John McCain moment?

The Obama administration has released a 6 page summary of the President's budget plan, set to come out in full sometime today. 

Foot-in-mouth disease appears to be as least as important than the economy. Thanks to the former, as well as Mitt Romney's completely inept handling of independent voters, it will be extremely difficult if not impossible for Romney to win the presidential election in November. Romney Casts Off 47% of Voters Every other week or so, Romney seems to make a major gaff of some sort. His recent flip-flops on Obamacare are a case-in-point.

On Sunday, I explained the economic, strategic and political problems with Mitt Romney's plan to impose countervailing duties on Chinese imports in order to pressure China into changing its currency policies.  Today, two news articles show that, only a week after its release, Romney's politically-motivated plan may already be backfiring.  The WSJ explains:

Earlier this week, Martin Feldstein, a Romney campaign economic adviser and Harvard professor, published this op-ed in the Wall Street Journal, critiquing the Tax Policy Center’s viral (thanks to President Obama) analysis of the implied distributional effects of Mitt Romney’s self-proclaimed-revenue-neutral tax reform plan.  If you recall,