Thursday, June 07, 2012

Romney Calls Obama's Economic Failure a "Moral Failure"

Hmm this is an interesting way to attack Obama's failure to stimulate the economy.

Mitt Romney called President Barack Obama's handling of the economy a "moral failure of tragic proportions," suggesting he's failed the American people by enacting policies that have been "muddled, confused and simply ineffective."

He didn't mention all the White House finger pointing at nearly everyone except for themselves. Yes Obama "inherited a bad economy" but he had 3 years to fix the problem and they seem to be getting worse. Unemployment is still stuck at 8.2% with double that number underemployed.

Recent college grads have a 53% unemployment/underemployment rate. How was all that Hope N' Change that they voted for in the last election working out for them? They have entered the worst job market in recent memory. I hear that it is even hard for people fresh out of law school to find work.

Yet Obama blames bankers and Congress and a whole host of other people instead of just shouldering the blame for the bad economy. Then he needs to get the Department of Labor and Commerce to figure ways to create jobs without spending more government money.

I mean giving more money to the states so they don't have to furlough people is not actually creating any jobs. Also payroll tax cuts are nice but it still doesn't do much for most long-term unemployed. Some of the stuff seems like a good idea but the majority is just tax the rich and throw money down a hole.

No comments: