By: Jeffrey Klein
Political Buzz Examiner
Yesterday in Ohio, before 1,500 college students, President Barack Obama gave his much anticipated economic “framing speech,” doling out 6,670 words over 54 minutes, to the collective dismay of the main stream media–and the rest of the world.
Instead of hitting the “reset” button, it seems he hit the “repeat” button on his famous teleprompter.
According to Chris Stirewalt in his FOXNews article this morning, it could have been boiled down to just … “Mitt Romney is like George W. Bush.”
The well-worn chorus of President Obama was painstakingly irresponsible and monotonous…
“We were told that it was okay to put two wars on the nation’s credit card; that tax cuts would create enough growth to pay for themselves. That’s what we were told. So how did this economic theory work out?”
Let’s see, with all of those items covered in the last fiscal year of President Bush’s [second] term, the actual budget deficit was $458 billion, with an unemployment rate of 6.6 percent.
That seems like nirvana when compared to Barack Obama’s soon to be fourth straight annual “budget-less” deficit of between $1.3 and $1.4 trillion dollars, and 40 straight months of unemployment over 8 percent–and rising again.
Christopher Santorelli of The Blaze captured a few more Obama bites in his article yesterday, including where the president was again [rightfully] labeling the November elections were a “make-or-break moment for the middle class,” barking:
“Yes, foreign policy matters, social issues matter … But more than anything else, this election presents a choice between two fundamentally different visions of how to create strong, sustained growth; how to pay down our long-term debt; and most of all, how to generate good, middle-class jobs so people can have confidence that if they work hard, they can get ahead.”
And, he described Romney as claiming to offer job growth in exchange for ”huge tax cuts, especially for the wealthiest Americans,” and fewer regulations for big financial institutions and corporations.
Then the president tried to startle everyone by saying Romney would keep in place the Bush tax cuts, while cutting back on programs like “education and job training, medical research and clean energy.”
But, that didn’t seem to be enough, so evidently Barack Obama attempted to cloud his feckless financial record by fabricating a hypothetical, future “bad record” to “pin” on Gov. Mitt Romney:
“I want to be very fair here. I want to be clear.
They haven’t specified exactly where the knife would fall, but here’s some of what would happen if that cut that they proposed was spread evenly across the budget…
10 million college students would lose an average of a thousand dollars each on financial aid; 200,000 children would lose the chance to get an early education in the Head Start program; there would be 1,600 fewer medical research grants for things like Alzheimer’s and cancer and AIDS; 4,000 fewer scientific research grants, eliminating support for 48,000 researchers, students and teachers.”
Last but not least, President Obama tried to win over these young hearts and minds by including his signature class warfare approach in his [lack of] vision for the future by saying his plan is to cut down the deficit using a balanced approach, not placing the entire burden on the middle class and the poor, but by cutting out programs we can’t afford, and asking the wealthiest Americans to contribute “their fair share,” while focusing on education, energy, innovation, and infrastructure.
The president’s speech begs the simple question:
What have you been doing for the past 40 months with $6 trillion in new national debt?
Gov. Mitt Romney answered this question best, while bravely delivering his economic vision speech–without a teleprompter–to actual working-aged people at a manufacturing plant in Cincinnati:
“You may have heard that President Obama is on the other side of the state and he’s going to be delivering a speech on the economy. He’s doing that because he hasn’t delivered a recovery for the economy.”
Touche, Mitt.
