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Last night, we had the second presidential debate, and I'd like to congratulate President Obama for showing up for this one. He acquitted himself better than in the first debate, but in my opinion, it's too late, he did too little, and there are very good reasons not to re-elect him. As I listen to Obama speak, I keep thinking to myself, "Obama talks like he hasn't' been President for the last four years'. He talks about what he wants to do, but he apparently thinks we've forgotten that he's already had four years to do these things. His promises ring hollow.
This following statement by Mitt Romney drives the point home. It came after Obama tried to defend his record. Romney threw the haymaker:
ROMNEY: I think you know better. I think you know that these last four years haven't been so good as the president just described and that you don't feel like your confident that the next four years are going to be much better either.
I can tell you that if you were to elect President Obama, you know what you're going to get. You're going to get a repeat of the last four years. We just can't afford four more years like the last four years.
He said that by now we'd have unemployment at 5.4 percent. The difference between where it is and 5.4 percent is 9 million Americans without work.
I wasn't the one that said 5.4 percent. This was the president's plan. Didn't get there.
He said he would have by now put forward a plan to reform Medicare and Social Security, because he pointed out they're on the road to bankruptcy. He would reform them. He'd get that done. He hasn't even made a proposal on either one.
He said in his first year he'd put out an immigration plan that would deal with our immigration challenges. Didn't even file it.
This is a president who has not been able to do what he said he'd do. He said that he'd cut in half the deficit. He hasn't done that either. In fact, he doubled it. He said that by now middle-income families would have a reduction in their health insurance premiums by $2,500 a year. It's gone up by $2,500 a year. And if Obamacare is passed, or implemented -- it's already been passed -- if it's implemented fully, it'll be another $2,500 on top.
The middle class is getting crushed under the policies of a president who has not understood what it takes to get the economy working again. He keeps saying, "Look, I've created 5 million jobs." That's after losing 5 million jobs. The entire record is such that the unemployment has not been reduced in this country. The unemployment, the number of people who are still looking for work, is still 23 million Americans.
There are more people in poverty, one out of six people in poverty.
How about food stamps? When he took office, 32 million people were on food stamps. Today, 47 million people are on food stamps. How about the growth of the economy? It's growing more slowly this year than last year, and more slowly last year than the year before.
The president wants to do well. I understand. But the policies he's put in place from Obamacare to Dodd-Frank to his tax policies to his regulatory policies, these policies combined have not let this economy take off and grow like it could have.
You might say, "Well, you got an example of one that worked better?" Yeah, in the Reagan recession where unemployment hit 10.8 percent, between that period -- the end of that recession and the equivalent of time to today, Ronald Reagan's recovery created twice as many jobs as this president's recovery. Five million jobs doesn't even keep up with our population growth. And the only reason the unemployment rate seems a little lower today is because of all the people that have dropped out of the workforce.
The president has tried, but his policies haven't worked. He's great as a -- as a -- as a speaker and describing his plans and his vision. That's wonderful, except we have a record to look at. And that record shows he just hasn't been able to cut the deficit, to put in place reforms for Medicare and Social Security to preserve them, to get us the rising incomes we need. Median income is down $4,300 a family and 23 million Americans out of work. That's what this election is about. It's about who can get the middle class in this country a bright and prosperous future and assure our kids the kind of hope and optimism they deserve.
Game, set, and match.
Unlike in 2008, Obama has a record now, and it ain't pretty. Obama made all kinds of promises in 2008, more than any candidate ever has, and he hasn't delivered on them. Hope And Change devolved into Blame And Divert. What he has delivered is massive debt, a weak economy, and increasing poverty. He has avoided the tough choices required to make Medicare and Social Security sustainable, to balance the budget, and set our fiscal house in order. Since Obama became President, Democrats in Congress don't even submit budgets anymore, and the budget plan Obama submitted added ANOTHER $8-10 trillion to the debt. Not even one member of the President's own party would endorse it. This isn't leadership. It's the absence of leadership. The President touts job creation numbers that don't even keep up with population increases, and that's his BEST talking point. On issue after issue we see Obama's broken promises and failures. There's so much talk these days of the "new normal", which means we must get used to this new lower economic standard. It doesn't have to be that way, and if we are to avoid the new normal, we start by changing leaders.
If we want to turn our economy around, why not Mitt Romney ? The guy's entire adult life has been a record of him turning things around. As Governor, he turned around the state of Massachusetts, taking it from the worst state in the union for job growth to 28th in only one term. He balanced the Massachusetts budget to boot. He turned around the finances of the WInter Olympics, and his job as owner of Bain Capital was turning around troubled companies and making them profitable. He was wildly successful at that, and it's what made him rich. In Obama's upside down world, Romney being rich makes him shady and suspect, but that speaks very poorly for Obama right there. Romney is rich BECAUSE he was successful. If he can translate his history of success to the presidency, that would be great for us all. It sure sounds better than the new normal.
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