Mitt Romney Focuses Criticism on Obama in New Op-ed

Romney takes Obama to task on economy in new op-ed
Below is a teaser from the op-ed, followed up by an interesting recap by Chris Cillizza – be sure to check that out as well.
Grow jobs and shrink government
by Mitt RomneyIT’S NOT happening the way President Obama had planned. Unemployment blew past his 8 percent ceiling and hasn’t looked back. Private sector investment in new jobs and capital has languished. Even the head of the president’s Council of Economic Advisers, Christina Romer, has resigned.
Almost every action the president has taken has deepened and lengthened the downturn. The private sector has retreated, frightened by his agenda and paralyzed by the uncertainty, lack of predictability, and outright hostility he has engendered.
His policies are anti-investment, anti-jobs, and anti-growth. Raising taxes — with a 15 percent hike on certain small business corporations, new taxes to pay for ObamaCare, and an increase on the dividend tax from 15 percent to nearly 40 percent — depresses new investment throughout the economy. Promoting an open-ended cap-and-trade tax dissuades expansion by employers in the energy sector. Bowing to the demands of unions to tilt the table in their favor — with proposals for card check and mandatory arbitration as well as the installation of a labor stooge at the National Labor Relations Board — chills new hiring.
Hostility toward foreign trade — by delaying agreements with Colombia and South Korea and by threatening punitive taxes on US businesses that compete abroad — stalls opportunities for new jobs at home. The so-called stimulus that focused on government spending and bailing out states and unions has boosted GDP only modestly and temporarily; the latest stimulus reincarnation will likely do no better. All the while, the president’s failure to address the looming deficits, national debt, unfunded entitlement liabilities, ballooning Freddie Mac and Fannie Mae liabilities, and incalculable government pension obligations causes employers and investors to ask whether the dollar will be worth very much in the future, and thus, they hold back. The policies of the president and congressional Democrats are job killers.
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Chris Cillizza offers an interesting take on the op-ed and Romney’s focus in general:
Former Massachusetts Gov. Mitt Romney penned an op-ed in today’s Boston Globe blasting President Obama’s economic policies and, in so doing, provided yet more evidence of his laser-like focus on financial matters as he prepares to challenge the incumbent in 2012.
[...]
Romney’s economic op-ed comes even as many of his potential rivals for the 2012 Republican nomination stake out increasingly aggressive stances on the issue du jour: the proposal to build a mosque and Islamic cultural center a few blocks from Ground Zero.Romney, for his part, has not spoken out on the mosque matter at all. The lone comment about the issue from anyone in his political world came last week from spokesman Eric Fehrnstrom making clear Romney opposed the building of the mosque.
[...]
Romney’s message disciple — it’s the economy, stupid — is also aimed at portraying him as the most serious candidate in the field, the candidate not distracted by the bright, shiny objects thrown at him on a near-daily basis by various interest groups and the media.It’s an interesting (and smart) tactic — particularly with polling suggesting the economy is, far and away, the most important issue on the minds of voters.
I believe Cillizza is right on all accounts. Team Romney’s disciplined strategy to focus on the economy is a smart one – one which which Romney and the GOP can win. Serious, focused, competent, capable and willing…. that is the candidate I want for 2012. Forget the distractions, focus on what’s important.
~Nate Gunderson
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The Hill seems pretty pleased by this op-ed as well: http://thehill.com/blogs/blog-briefing-room/news/114775-romney-ramps-up-rhetoric-against-obama-on-the-economy
Nate,
Reich, a econ prof., said Mitts economic plan is wet noodle, and won’t create jobs. Will you dig into that and see if Mitt has any more info to back his statements?
@Stan
I read that article Stan and don’t have much comment except that Robert Reich’s comments are thoroughly consistent with his liberal viewpoints.
One thing I will comment on is that he claims that lending for banks has been easier, which I believe is just faults. I’m a small business owner and I get loans from two banks from time to time. They both tell me that people are defaulting at a tremendous rate. They are scrutinizing more than ever who they give loans to, and rightly so – even though the federal government now guarantees 50% loan to value on SBA loans. (That’s right, your government is seeking to get bank to reduce their loaning standards to those who can’t afford it AGAIN, and if the bank screws up they only have half the consequence. The rest will be absorbed by you the tax payer.)
Capital IS there, as Reich says, but investors aren’t willing to venture into the loaning pool because they have no idea where this administration is going with their policies. Government can essential shut down a business sector on a whim and they’d lose their investment. Plus taxes are set to rise at the end of the year. Businesses need stability in order to make decisions. If stability is not there, they pull back hiring and investment, the very things that create new jobs and spur the economy.
How do you explain the individual mandate that Romney is on tape supporting? That is Obama’s position as well and flies in the face of liberty and freedom. How can a conservative support an individual mandate to buy healthcare?
“we can expect more statements like this from Romney”
After how many internal polls are conducted?
“Romney blasted Obama’s economic policies”…
Did that include his version of RomneyCare, or did Willard leave that out of the ‘blasting?’
After all, it’s only 1/6th of the economy! Thanks “sound” policy guy… Your contribution to this sad state of national affairs will NOT be forgotten.
Now, where do I get my cucumber sandwich around here?
@Dan
It is one thing for a State to have an individual mandate, it is quite another to have a federal mandate. The pesky constitution gives states a lot of power to do what they want, the federal government in theory is much more limited. Basically the federal government has no power to tell anyone it has to buy something, or face a fine.
Here is a website that will tell you the differences between Romneycare and Obomacare. Also Romneycare was changed by the Mass. Congress and the Gov. that followed Romney in office.
http://www.evangelicalsformitt.org/front_page/four_hugely_important_differen_1.php