Posted on 12/03/2009 11:51:41 AM PST by yongin
Mitt Romney says that like other presidents, Barack Obama inherited a recession. But the former Massachusetts governor feels unlike his predecessors, Obama has made the recession he inherited worse, not better.
In an op-ed in Wednesday's USA Today, Romney says what he calls the president's inability to "stem" the rise in unemployment should not be a surpise.
"With no experience whatsoever in the world of employment and business formation, he had no compass to guide his path. Instead, he turned over much of his economic recovery agenda to House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid, themselves nearly as inexperienced in the private sector as he," says Romney.
The op-ed's release comes hours before the president holds a jobs forum at the White House. The nation's unemployment rate stands at 10.2 percent, the highest level in 26 years. November's job report will be released Friday.
In the article, Romney, a Republican presidential candidate in the 2008 election and a possible contender for the 2012 GOP presidential nomination, lays out advice he terms a ten point plan to help reenergize the economy.
(Excerpt) Read more at politicalticker.blogs.cnn.com ...
LLS
If you named each and every government program, tax, regulation, unconstitutional program, treaty, etc, that needs to be cut, that would be great and you’d get no argument from me. It all needs to be cut. However, your 10 point plan would have to include about a million line items.
Just cut the spending, cut the taxes and cut the damned government already!!
Other than that, he’s a liar. Romney has already proven exactly what he would do in office. He’s a big government constitution trampling socialist/fascist!!
As one of the most prolific Romneybots on FR, you obviously do care, FR is full of posts about your caring about Mitt Romney.
Well what ever he was doing made him unable to win reelection and he slithered out of office with his tail between his legs and a 65% disapproval rate.
He probably is capable, but his capabilities are negated by his actions, whatever the motives. Being unwilling to admit his past mistakes with RomneyCare and outsourcing puts him in the "NO" category for me.
His penchant for outsourcing jobs does create jobs in other countries and puts more money in the pockets of a few fat cats, but in the long term it causes the kind of jobless depression the USA is currently experiencing. We don't need any more of that.
Romney has had plenty of opportunity to explain his RomneyCare fiasco; he could have said, "... it looked good on paper, but in practice it was a disaster for the MA economy and the health of the citizens." He refuses to tell the truth about those mistakes, or anything else.
He's kaput.
The program Obama, Pelosi, and Reid are trying to implement on a national scale.
Romney BS Ping!
Post 26
Made a couple of comments and then a general commit. Thanks for posting
2. don’t like investment tax credits, just reduce the dang tax level. Also drives me crazy when states give millions of dollars in tax credits to Boeing and BMW while other businesses are struggling to make ends meet.
8. “Install dynamic regulations for the financial sector rules that are up to date, efficient and not excessively burdensome”
This is crucial in environmental regulations. Businesses have to jump through hoops for a permit and fight every environmental group in court... more and more are deciding it’s not worth it.
Some of it looks pretty good, then some of it is the same old “pump money into the economy to stimulate it” that has been done repeatedly.
There was once a representative (state) in our local district that would have a colleague introduces his bill (so the story went) and then he would oppose it... it was said that this was the only way he could get it passed.
I suspect that, if Romney had this released and then came out against it that most of the posters would support it... or ignore it and continue with their little rant.
Hang it there Charles, takes a good man to stand up to a mob, doesn’t take much to be part of one.
Repair the stimulus. Freeze the funds that haven’t yet been spent and redirect them to immediate, private sector job-creation priorities.
Create tax incentives that promote business expansion and hiring. For example, install a robust investment tax credit, permit businesses to expense capital purchases made in 2010, and reduce payroll taxes. These will reignite construction, technology and a wide array of capital goods industries, and lead to expanded employment.
Prove to the global investors that finance America’s debt that we are serious about reining in spending and becoming fiscally prudent by adopting limits on non-military discretionary spending and reforming our unsustainable, unfunded entitlements. These are key to strengthening the dollar, reducing the threat of rampant inflation and holding down interest rates.
Close down any talk of carbon cap-and-trade. It will burden consumers and employers with billions in new costs. Instead, greatly expand our commitment to natural gas and nuclear, boosting jobs now and reducing the export of energy jobs and dollars later.
Tell the unions that job-stifling “card check” legislation is off the table. Laying new burdens on small business will kill entrepreneurship and job creation.
Don’t allow a massive tax increase to go into effect in 2011 with the expiration of the 2001 and 2003 tax cuts. The specter of more tax-fueled government spending and the reduction of capital available for small business will hinder investment and business expansion.
New spending should be strictly limited to items that are critically needed and that we would have acquired in the future, such as new military equipment to support our troops abroad and essential infrastructure at home.
Install dynamic regulations for the financial sector rules that are up to date, efficient and not excessively burdensome. But do not so tie up the financial sector with red tape that we lose a vital component of our economic system.
Open the doors to trade. Give important friends like Colombia favored trade status rather than bow to protectionist demands. Now is the time for aggressive pursuit of opportunities for new markets for American goods, not insular retrenchment.
Stop frightening the private sector by continuing to hold GM stock, by imposing tighter and tighter controls on compensation, and by pursuing a public insurance plan to compete with private insurers. Government encroachment on free enterprise is depressing investment and job creation.
I think that Mitt needs to buy a plaid jacket and a toque, grab a gun and spend a couple of years moose hunting. That might make his name not quite as poisonous as it is now on FR.
Dumb plan!!!
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CNN is just beginning their promotion of Romney.
Flip flop romney should have asked for an investigation and indictments.
Why did he not? Because Romney is part of the same AIG-funded crooks.
Want proof:?
"Top 20 Recipients of AIG Contributions in 2008"
Just go away Mitt.
Fix The Economy
There won’t be an economy if we don’t win the war against the IslamOfascists.
The war Mitt’s 5 son’s have not joined the military to fight the enemy.
Exactly.
The former governor of TAXachusetts - yeh right.
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