Thursday, December 3, 2009

Mitt Romney schools Obama on the economy


You just knew this was coming sooner or later, Mitt Romney delivers a serious smack down to Obama's failed economic practices. Romney offers a 10 point plan on how to rapidly create jobs. If I were Obama I would have invited Mitt Romney to this so called Jobs Summit. Romney has probably created more private sector jobs than all the know nothings at the Jobs Summit combined.


Here is Romney's smack down in USA Today:

Today's White House jobs summit comes too late for millions of Americans who through no fault of their own have lost their jobs, their homes, their savings and, in many cases, the self-esteem and self-respect that come from work. Like other presidents before him, Barack Obama inherited a recession. But unlike them, he has made it worse, not better.
His failure to stem the unemployment tide should not have been a surprise. 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. Congress gave him and them everything they asked for, including a history-making three-quarters of a trillion dollar stimulus.
But it did little to stimulate the real economy – where jobs are created. Studies, initiatives and programs that liberal think tanks had long pined for were given life even as the private economy was on life support. The president's team assured us that their massive stimulus would hold unemployment below 8%. So with unemployment now at 10.2%, it is clear that their stimulus was a miscalculated failure.
In an attempt to disguise the truth, the administration has touted inflated figures of jobs "created."But every month, in good times and bad, jobs are created and jobs are lost. What matters is the net difference between the two numbers. Focusing solely on jobs created while ignoring the far greater numbers of jobs lost is Harry Houdini economics.
Growing government, as was done with the stimulus, inevitably depresses the private sector and job creation. Shrinking government and reducing government jobs is healthier for the economy, but this option was never seriously considered. That's no wonder: As White House guest logs for the first half of the year reveal, the most frequent visitor to the executive mansion was Andy Stern, the head of the Service Employees International Union, which represents government workers.
Ouch! That's gonna leave mark! Click here for Romney's 10 point plan

Via: USA Today

17 comments:

Anonymous said...

I recall before the election,Sarah Palin was harshly criticized in the Lame Stream Media for suggesting it takes more than community organizing experience to run a country.How right she was.

Jess said...

I beg to differ on Obama inheriting the recession. He was as much a part of creating the recession as his peers. Just because he was running for/from office doesn't excuse him from his responsibility.

Lisa said...

This is excellent, thanks for sharing! Mitt is right on and he was my choice for president. Too bad it didn't work out but maybe 2012 is possible. I do however disagree with him about how Americans through no fault of their own have lost their homes, savings, etc. Maybe I am being extreme, but there were/are a lot of people who own homes who have no business owning a home. ie, They probably should not have qualified for a mortgage in the first place. I have complete compassion for those who have lost their jobs in this economy, but the house/savings issue to me is more of a personal responsibility issue. But... I think Romney was just saying that to appease everyone and make himself sound likeable.

Kelsey Kim said...

Romney for President!

Janie Lynn said...

I like Mitt, he was my choice for Republican candidate for president. Reason being - I felt we needed a businessman in the White House. Although finding out about the healthcare in MA made me a bit nervous, Romney is still head and shoulders above Obama in job creation.

Nikki said...

You know I LOVE YOU for this post...straight up sending you love! Mitt for President!! :)N

Seane-Anna said...

Totally off topic, but what's wrong with Little Green Footballs?

Nikki said...

I am a little disappointed that you didn't mention his hotness...its forgiven. :)N

Clifton B said...

Anonymous:

Palin was right on so many things. Replay the latter part of her convention speech. You can just tick off each one as she goes down the list of what to expect from Obama.

Clifton B said...

Jess:

Let us also not forget that Obama and his policies have exacerbated whatever problems he had coming in.

Clifton B said...

Lisa:

But... I think Romney was just saying that to appease everyone and make himself sound likeable.

This is why I worry about Romney. I think it was that type of thinking that led him to something so un-conservative like Romney Care.

Clifton B said...

Kelsey Kim:

Romney for President? I am going to have to wait and see about that one. Romney for Chief Economic Advisor or Treasury Secretary, heck yeah!

Clifton B said...

Janie Lynn:

I ended up voting for Romney in the primaries (he was my 3rd choice). I think he would have been better than McCain or Obama. I am not sure I willing to go there in 2012. His op-ed today is a step in the right direction.

Clifton B said...

Nikki:

Thanks Nikki, but you do know I am still so so with Romney. However he did excellent today and is deserving of high praise.

Clifton B said...

Seane-Anne:

Here you go, this should explain things:

http://anotherblackconservative.blogspot.com/2009/12/little-green-footballs-officially-goes.html

Clifton B said...

Nikki:

Why should I, you do a much better job! Check it out folks:

http://nikkirichards.blogspot.com/2008/01/superficial-politics-who-is-hotlooking.html

Nikki said...

LMAO!! Linky love and I love it! :)N

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