Today, Romney for President released a new television advertisement. Here is ‘Strong Leadership‘ (something sorely lacking with our current out-of-touch president):
As Governor of Massachusetts, Mitt Romney demonstrated strong leadership—reducing the unemployment rate and balancing budgets without raising taxes. As president, Mitt Romney will do the same to help create jobs and get our country back on track.
Under Governor Romney, Massachusetts Added Tens Of Thousands Of Net New Jobs – The Best Jobs Record Of Any Massachusetts Governor In The Last Decade. (Bureau of Labor Statistics, www.bls.gov, Accessed 5/31/12)
Massachusetts’ Unemployment Rate Fell From 5.6% To 4.7% During The Romney Administration. (Bureau of Labor Statistics, www.bls.gov, 5/30/12)
Governor Romney Closed A Nearly $3 Billion Shortfall Without Raising Taxes And Balanced Four Budgets. (Pam Belluck, “Romney Candidacy Puts Massachusetts Economy In Spotlight,” The New York Times, 3/16/07)
“From day one as president, Mitt Romney’s strong leadership will make all the difference on jobs.”
Yesterday Obama released his own ad, which will run on national cable and air on television in nine battleground states. It features Obama pushing his “wealthiest Americans should pay a bit more” class warfare meme and a blaming narrative – “Congress refuses to act.”
Yes, America. Strong leadership will make all the difference.
GOP Presidential Nominee Mitt Romney is pictured at one of the many round table meetings he held during the primaries for voters to share concerns. Time and time again, fixing the economy and reining in America's massive debt was uppermost on their minds.
UPDATE! Mitt Romney responds to today’s dismal jobs report:
ANOTHER MONTH OF DEVASTATING ECONOMIC NEWS FOR AMERICAN WORKERS, FAMILIES
“Today’s weak jobs report is devastating news for American workers and American families. This week has seen a cascade of one bad piece of economic news after another. Slowing GDP growth, plunging consumer confidence, an increase in unemployment claims, and now another dismal jobs report all stand as a harsh indictment of the President’s handling of the economy. It is now clear to everyone that President Obama’s policies have failed to achieve their goals and that the Obama economy is crushing America’s middle class. The President’s re-election slogan may be ‘forward,’ but it seems like we’ve been moving backward. We can do so much better in America. That’s why I’m running for president.” –Mitt Romney
UPDATE 2 - You don’t want to miss Governor Romney’s excellent interview on CNBC this morning. The video also includes traders’ reaction to The Gov’s interview. See video here (article here). More here.
Photo by Justin Sullivan / Getty Images North America
The U.S. Dept. of Labor today released the jobs report for April. Not good, folks.
155,000 jobs were hoped for; only 69,000 jobs were added to the U. S. economy last month. Unemployment has risen to 8.2%. At the first of the year, we were barely breathing at around 200,000 jobs created per month. In April, that number was almost cut in half at around 100,000 jobs created. (Numbers for March and April were revised to reveal unemployment was more prevalent than originally reported.) We are weak and getting weaker. Today’s numbers are almost halved again. Long-term unemployment jumped up by 300,000 last month, as well. Factoring in the UNDER-employed, the real number is at 14.8%. The labor participation rate is clinging to 63.8%, meaning 36.2% are not participating; they’ve given up.
Obama’s economic policies just aren’t cutting the mustard and Americans are not only sick with worry, they’re furious.
Romney for President keeps churning out timely, hard-hitting web ads. Today, they released a new web video using footage from Governor Mitt Romney’s press conference yesterday near Silicon Valley in Fremont, CA. (The image of Romney standing front of bankrupt Solyndra spoke volumes.)
In case you’ve forgotten:
The Obama Administration loaned $535 million to Solyndra – which later went bankrupt and laid Off 1,100 employees. “In a blow to the Obama administration’s efforts to create green jobs, solar-cell maker Solyndra announced Wednesday that it will close its remaining Fremont factory, lay off its 1,100 employees and file for bankruptcy. The news marked an abrupt end for a company once considered among the most innovative in a fast-changing industry. The bankruptcy also represents a high-profile failure for a federal stimulus program that gives loan guarantees to green-tech manufacturers. Solyndra was the first company to win one of the guarantees, receiving $535 million in 2009 to build its second factory in Fremont less than a mile from the company’s original plant.” (David R. Baker and Carolyn Said, “Solyndra Closes Fremont Plant – Stimulus Hopes Dim,” San Francisco Chronicle, 9/1/11)
Romney’s new video is aptly titled Symbol of Failure:
Two years ago, President Obama went to Solyndra and touted it as an example of his initiative to create jobs. Today, the company is bankrupt and the building stands empty as a symbol of the failure of President Obama’s policies.
“Free enterprise to the president means taking money from the taxpayers and giving it freely to his friends.” ~ Mitt Romney, press conference May 31, 2012
Did you happen to watch CNN last night? Former President Bill Clinton was speaking with Harvey Weinstein when he kicked the legs out from under Obama’s main campaign strategy to slice and dice Romney’s record as a businessman:
“So I don’t think that we ought to get in the position where we say this is bad work, this is good work. I think, however, the real issue ought to be what has Governor Romney advocated in the campaign that he will do as president? What has President Obama done and what does he propose to do? How do these things stack up against each other, that’s the most relevant thing. There’s no question that in terms of getting up and going to the office, and you know, basically performing the essential functions of the office, a man who has been governor and had a sterling business career crosses the qualification threshold.”
Thanks for the straight talk, Bill!
UPDATE – Speaking this afternoon on Your World with Neal Cavuto (FOX News), former Democratic pollster Pat Caddell said “Clinton has just done enormous damage to President Obama. … He has just put a torpedo right into the Obama campaign. This is as bad as it gets.”
Townhall’s Mona Charen pretty much summarizes it for me today. She writes about the “straws in the wind” Obama campaign – how bad it’s going. She can add today’s stuck-in-the-mud jobs report to her list.
Why did liberal Democrats in Michigan vote for Rick Santorum?
The adept Romney for President Digital Team today released a new web video answering that question. It’s titled “Liberal Democrats for Santorum.” Democrats voted in the Michigan primary because they know Governor Romney will be the stronger candidate in the general election. These voters did not vote for Rick Santorum; they voted for four more years of President Obama.
Voter: “My name is Krista Larsen. I’m a Democrat.”
Voter: “I’m Joe Disanno. I’m a democratic strategist in the state of Michigan.”
CNN’S Dana Bash: “Gary Zulinski.”
Tony Trupiano, progressive radio host: “I’m Tony Trupiano. [unintelligible]”
Bash: “And you voted for Rick Santorum?”
Voter: “I sure did.”
Bash: “…Went in there and you voted for?
Voter: “The last seven days we’ve been organizing and creating a list of Democrats who have committed to vote for Santorum in today’s election.”
Voter: “You know, it’s my way of protecting Obama.”
Trupiano: “I think Rick Santorum would be a weaker candidate. Of course he would be.”
Gary Zulinnski, Democrat: “It’s going to throw the GOP into some turmoil.”
Bash: “It’s not just going to be Michigan. The liberal blogs, they’re saying start in Michigan, but there are several other contests coming up with the same kind of open primary rules.”
Text: “Democrats voted for Rick Santorum because they want four more years of Obama.”
As early election returns began coming in last night, FOX News commentator Rich Lowry (National Review Online editor) commented on the tactic that sickened so many Republicans and Romney supporters – that Santorum himself had issued a rallying cry to Democrats to vote for him in order to stop Romney.
THEN, Lowry went on to say he was put-off by the way Romney “whined” about it.
I don’t know what Lowry was referring to. Romney had a very brief window of time to get the news out about Santorum. He stated the facts on Santorum’s gutter tactics, offered a brief opinion on said tactics, and moved on. NO whining.
As evidenced today, Romney’s new video focuses on Democrats’ correct perception that – should Santorum become the GOP nominee – Obama would clean his clock. The video does not mention Santorum’s own despicable doings in Michigan’s primary.
Lowry is flat-out wrong.
If any candidate should be entitled to a bit of whining, as Ross pointed out, it’s Mitt Romney.
President Obama is heading west today to continue hammering his American Jobs Act in Las Vegas, before journeying on to California.
‘Romney For President’ is a step ahead of him and has released a new web video entitled Welcome to Nevada, President Obama.
Take a look…
Nevada has the highest unemployment rate in the country. Six in ten mortgages in Nevada are underwater and Nevada has the highest state foreclosure rate in the country. – Romney For President
AD FACTS for script for “Welcome To Nevada, President Obama”:
• The U.S. Bureau of Labor Statistics U-6 rate for Nevada is 23.3 Percent. (“Alternative Measures Of Labor Underutilization For States, Third Quarter Of 2010 Through Second Quarter Of 2011 Averages,” U.S. Bureau Of Labor Statistics, Accessed On 10/21/11)
• According to Analytics Company CoreLogic, 60% of all mortgaged properties in Nevada are underwater. “Nevada had the highest negative equity percentage with 60 percent of all of its mortgaged properties underwater, followed byArizona (49 percent), Florida (45 percent), Michigan (36 percent) and California (30 percent) (Figure 2).” (Press Release, “New CoreLogic® Data Reveals Q2 Negative Equity Declines In Hardest Hit Markets And 8 Million Negative Equity Borrowers Have Above Market Rates,” CoreLogic,9/13/11)
• According to RealtyTrac, Nevada has the highest foreclosure rate in the nation. “Nevada posted the nation’s highest state foreclosure rate — one in every 44 housing units with a foreclosure filing in the third quarter.” (Press Release, “Foreclosure Activity On Slow Burn,” RealtyTrac, 10/11/11)
Romney for President: It’s estimated about 750,000 U.S. jobs are lost every year due to counterfeiting. The trade deficit with China is at $273 billion, the largest in history. President Obama is currently doing nothing to address this issue. Mitt Romney will work aggressively to open new markets for our goods and services by forging relationships with other nations committed to the principles of free trade.
'In this photo taken Thursday, July 21, 2011, customers browse products at a shop masquerading as a bona fide Apple store in downtown Kunming in southwest China's Yunnan province. China, long known for producing counterfeit consumer gadgets, software and brand name clothing, has reached a new piracy milestone, fake Apple stores.' (AP Photo)
Romney for President has released a new web video, “Obama Isn’t Working: Trade.” The video highlights China’s stealing of intellectual property and President Obama’s failure to confront China. With the recent passing away of Apple CEO Steve Jobs (10/5/11), the specific mention of China’s counterfeiting of Apple products is especially poignant:
“People in China identified Apple products being sold in certain stores. And following the investigation, it turned out these entire stores were counterfeit. Apple went in and investigated and the prevalence of the stores just show how epidemic this has become that a company like Apple who is focused on solving this problem still finds these surprises in the marketplace.”
“My name is Camilla Herron. I investigate people that manufacture, distribute and sell counterfeit products globally and I work with federal and state law enforcement. The experts say that almost 70% or more of the value of any company is in their intellectual property. It’s not in their buildings, or their office space. It’s in their intellectual property.”
Video text: “China: The Intellectual-Property Battleground”
• “China: The Intellectual-Property Battleground” (James Dyson, “China: The Intellectual-Property Battleground,” Bloomberg Businessweek,2/16/11)
“And once you put that at risk and it’s gone, you don’t get it back. And if you look at what China is doing they are subverting us on every level.”
Video text: “750k Jobs Lost Due To Counterfeiting”
• “Counterfeiting Costs U.S. Businesses As Much As $250 Billion Every Year And Results In The Loss Of 750,000 Jobs, According To FBI Estimates.” (U.S. Chamber Of Commerce, “U.S. Chamber Urges Congressional Action on Counterfeiting,” Press Release, 3/17/05)
The U.S. Chamber of Commerce estimates between 750,000 to a million U.S. jobs are lost a year due to the counterfeiting. Even huge companies that are globally visible, for example Google, who is a very large employer here in the Bay Area, has challenges in China.”
Video text: “Trade Deficit With China: $273 Billion – Largest In History”
• The 2010 Trade Deficit With China Was $273 Billion. (“U.S. Trade With China,” U.S. Census, 10/12/11)
• “The U.S Trade Deficit With China Hit A Record $273 Billion In 2010.” (Steve Bennish, “Industrial Power Use Plummets,” DaytonDaily News, 9/25/11)
“Anything that will generate revenue is being counterfeited and the vast majority of it is coming out of China. Currently, I don’t see President Obama doing anything to address this issue.”
Video text: “Industries Are Being Robbed On The Floors Of Chinese Factories”
• “America’s Most Innovative Industries Are Being Robbed Every Day On The Floors Of Chinese Factories.” (Ted C. Fishman, “How To Stop Intellectual Property Theft In China,” Inc. Magazine, 6/1/06)
“I don’t recall him ever calling the Chinese out on any of these issues. The public is not being made aware of the job losses. 750,000 a year to a million job losses. That’s a huge issue in this country. Innovation leads to new products, new products lead to manufacturing, manufacturing leads to jobs in distribution. Even retail clerks stocking shelves. Everything. If we don’t stop the hemorrhage of intellectual property in the next three to five years we will have reached a point of no return.”
Yesterday, one day after the Dartmouth presidential debate, Governor Romney was interviewed by Laura Ingraham. China was the first topic discussed (along with tax loopholes/banks and Rick Perry/Baptist pastor Jefress):
Ingraham: “Without a doubt, the most forceful commentary about China cheating on trade, the effects on the U.S. economy, and holding China accountable have come from Governor Romney.”
Romney for President has released another eye-catching video today. “Two Different Plans” highlights the devastating effect Rick Perry’s proposal for Social Security could have on the state of Florida:
Governor Rick Perry has proposed that Social Security be turned over to the states. But transferring the program’s fiscal challenges to states already facing severe budget crises of their own will only make matters worse, especially in those states with relatively high numbers of Social Security beneficiaries. While Perry has not yet provided an explanation of his proposal that would allow a thorough evaluation of its specific contours, an initial assessment can be made on the basis of the ideas that he has outlined.
On the same day this white paper was first released, Perry advanced a new claim, that “we never said that we were going to move this back to the states. What we said was, we ought to have as one of the options the state employees and the state retirees, they being able to go off of the current system, on to one that the states would operate themselves.” Such an assertion is plainly inconsistent with the proposal he has previously advanced, and only raises further questions that are included in this updated version of the paper.
This white paper has two goals: first, to identify the questions that must be addressed before Perry’s proposal can be properly understood and thoroughly analyzed; second, to use what information is available about the proposal to estimate its possible effects on various states.
The paper considers four states — Florida, Iowa, Arizona, and Louisiana — and assesses the budgetary impacts of a basic plan under which each state is responsible for funding its own Social Security program out of its own tax revenues. The findings are as follows:
Florida could face a $16 billion shortfall, requiring it to either:
Reduce the scale of its program by removing more than one million recipients or cutting benefits per recipient by more than $4,000;
Make dramatic cuts elsewhere in its budget, such as elimination of its public education and prison systems; or
IA could face a $1.5 billion shortfall — more than 25% of its general fund.
AZ could face a nearly $3 billion shortfall — more than 33% of its general fund.
LA could face a $1 billion shortfall — more than 10% of its general fund.
Methodology, assumptions, and illustrative calculations are provided in an appendix to the paper. As Perry provides additional details about his proposal, these projections can be refined.
Read The Full Romney For President White Paper Below:
I love the Romney camp’s recent focus on China and trade policy. It’s a super effective route to take at this point in the campaign for a few reasons: it correlates nicely with Mitt’s main jobs/economy theme — allowing him to hit one of Obama’s rarely mentioned weaknesses, all the while making Huntsman look like Jonny-come-lately (China being his supposed strong suit). Props to the strategy team at Romney for President for the timeliness of this rollout.
Below is an op-ed written by Romney’s Policy Director, Lanhee Chen:
When he ran for president, candidate Obama said he would take China “to the mat” over its unfair trade practices – but instead he is the one being treated like a doormat.
China still does not play by the rules or provide an open and level playing field on which we can compete. In fact, the most recent data shows that while China continues to grow its economy rapidly, our exports to China are actually falling!
If Mitt is elected President, he will not tolerate this situation. He will get tough with China.
Make no mistake – Mitt is a strong believer in free trade and open markets. Opening new markets overseas creates new demand for American products and services, which in turn creates new jobs for American workers. As the world’s second largest economy, and one of the fastest growing, China offers incredible opportunities for American companies. If these companies are able to compete in the Chinese market, they will create countless jobs here at home.
Unfortunately, China is trying to deprive America of that opportunity. For too long, we have allowed China to take advantage of our goodwill and commitment to openness. We have opened our own markets to them, but we have gotten little in return. They steal our technology, manipulate their currency, and put up barriers that prevent us from competing. As a result, for every four dollars of goods China sells into our market, we are only able to sell one dollar’s worth into theirs. The resulting trade imbalance is the largest in the history of the world.
The company Mitt is visiting today, Screen Machine, is an example of the problem American companies face. Screen Machine represents the heart and soul of our economy and the potentially vibrant future of manufacturing in this country. Steel comes in one door. Incredibly advanced machines are driven out the other door by remote control, to be sold to countries around the world.
Selling to China is the biggest opportunity for Screen Machine to grow its sales and hire new workers – but they can’t. They worry that if they send their machines to China, then copies of the machines will start showing up around the world at knock-off prices. They already have seen websites in China that show pictures of their machines with the company logo blurred out. They can’t compete in an environment like that.
If we can confront China and persuade them to play by the rules, then companies like Screen Machine will be at the forefront of turning around our economy and creating the jobs Americans need.
Romney will accept donations for a 2012 run in mid-to-late April.
Let’s get this party started!
Although Mitt Romney hasn’t officially announced his candidacy for 2012, there are signs that he will at least announce an exploratory committee sometime in mid April. One major hint is that Mitt Romney will officially start accepting campaign donations for 2012 around the same time:
“A top Mitt Romney official told supporters on a conference call Thursday that the former Massachusetts governor is eyeing mid-to-late April to begin raising money for his eventual presidential campaign, according to call participants
Spencer Zwick, Romney’s chief liaison to the fundraising community, informed the group of donors and outside advisers that the governor won’t launch a full-fledged campaign by the end of next month but would file the paperwork necessary with the FEC that will allow them to begin bringing in the cash needed to post a big number for the second quarter.
As the nearest thing the GOP has to a front-runner, Romney would like to push back the start of the full-blown presidential campaign for as long as possible, but he also must begin putting a more formalized fundraising infrastructure in place.
“If you’re going to raise money this summer and fall you have to create a team and do the paperwork soon,” said a Republican on the call.
There is no hard date set yet — or at least outside Romney backers haven’t been informed of one yet — for either the initial filing of paperwork or an eventual actual declaration of candidacy. The campaign-in-waiting in Boston wants to be flexible about timing so as not to be locked into a day that could be overwhelmed by other news.”
“Republican Mitt Romney, who is weighing a presidential bid, raised nearly $1.9 million in his federal political action committee during the first three months of the year.
His Free and Strong America PAC gave away more than $400,000 to GOP candidates and conservative causes, according to information released this afternoon by PAC spokeswoman Andrea Saul.
The PAC activity is one sign of Romney’s effort to lay the groundwork for a presidential bid. Romney, a former Massachusetts governor, has not declared his candidacy nor started to fundraise for a White House campaign.”
You can feel the excitement here at MRC as fans and supporters get ready for Mitt Romney’s eventual announcement — which should come not too long after he starts officially accepting campaign donations. I know all of us here are eagerly awaiting a formal announcement to run for President in 2012. Many of you have asked how you can begin to help Governor Romney in his efforts… While there are no campaign offices to volunteer at quite yet, one of the best ways to help Mitt Romney right now is by joining us in pledging to donate to the campaign once it starts here.