us election

So Mitt Romney believes putting more money in the hands of the job creators (aka rich people) will spur economic growth and so he will cut their taxes by 20%.  But he also said in the first debate that he will not reduce the tax burden of the wealthy (aka job creators) at all.  So...reduce tax rates in such a way that it simultaneously puts more money and no more money in the hands of the wealthy. How stupid does he think the American voters are?  And more importantly: is he right?
Stick with what works I guess...