Romney's closing argument: "I promise change"

[All Along The Watchtower]

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more: http://nbcpolitics.nbcnews.com/_news/2012/11/02/14882815-romneys-closing-argument-i-promise-change?lite

The economy is moving in the right direction under Obama, so I don't know why Romney wants to change that.

[MASHED POTATOES. VOTE!]

Very original line.

[rockhound]

The economy is moving in the right direction under Obama, so I don't know why Romney wants to change that.

Unemployment stuck at 8% and rising.  A healthcare system about to be destroyed by Obamacare, massive debt with no hope in sight, an underclass that is destined to stay there given the increases in job-killing regulations.

Yeah, I guess that's in the right direction.

[Joe Biden 2020]

Obama promised hope and change and it's coming, but its painfully slow.  I'm not sure what else Romney can do.  He can't turn a dial and the speed the economy up.  If he could, Obama would have done that on January 21, 2009.  I'm skeptical of any candidate who promises change, because as Kal said, its a washed up line.

[Lief 🗽]

The economy is moving in the right direction under Obama, so I don't know why Romney wants to change that.

Unemployment stuck at 8% and rising.  A healthcare system about to be destroyed by Obamacare, massive debt with no hope in sight, an underclass that is destined to stay there given the increases in job-killing regulations.

Yeah, I guess that's in the right direction.

Dude, stop watching Fox News. Actually read and learn about how the world works and what is happening in it. You'll sound like less of a tool.

[Starbucks Union Thug HokeyPuck]

The economy is moving in the right direction under Obama, so I don't know why Romney wants to change that.

Unemployment stuck at 8% and rising.  A healthcare system about to be destroyed by Obamacare, massive debt with no hope in sight, an underclass that is destined to stay there given the increases in job-killing regulations.

Yeah, I guess that's in the right direction.

Dude, stop watching Fox News. Actually read and learn about how the world works and what is happening in it. You'll sound like less of a tool.

Lief, do you want to help me find an explanation for all these random GOP hacks with like, 200 posts that have been popping up and regurgitating Fox News talking points? 

This f***tard, Cliffy, heatmaster...

[Yank2133]

Romney running as the "Change" candidate is pretty hilarious.

He is pretty much the stereotypical Republican and an old tired face that has been at it for 6-7 years now. Obama was change, his race and background was a break from what we have seen the past 20-30 years.

Romney is just an old tired act.

[gsmiro]

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The economy is moving in the right direction under Obama, so I don't know why Romney wants to change that.

I wonder which direction do you consider the right direction?  The number of middle class Americans has shrunked.  Our inflation has gone up more than 5% (see shadow government statistics).  Gas price has gone up.  Food price has gone up.  Real unemployment remains about 16%.  Our currency is being destroyed by all the QEs and the Federal Reserve.  US is losing its status as the world leader in many areas.  And this is the right direction that we are moving to?

Now, not that Romney would lead us to the right way, but we are definitely going the wrong way!

[Zioneer]

Wait, Romney's almost literally going "change you can believe in"? What a political shapeshifter.

[Orion0]

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The economy is moving in the right direction under Obama, so I don't know why Romney wants to change that.

I wonder which direction do you consider the right direction?  The number of middle class Americans has shrunked.  Our inflation has gone up more than 5% (see shadow government statistics).  Gas price has gone up.  Food price has gone up.  Real unemployment remains about 16%.  Our currency is being destroyed by all the QEs and the Federal Reserve.  US is losing its status as the world leader in many areas.  And this is the right direction that we are moving to?

Now, not that Romney would lead us to the right way, but we are definitely going the wrong way!

Don't forget the downgrade of the usa's credit rating! With further downgrades projected. No hope on the horizon with Obama at the helm.
Right direction my a$$.

[Joe Biden 2020]

My thought is the economy was in such bad shape at the end of the Bush administration that Obama had to try something, even if it was wrong.  That's why you have the stimulus, which turns out was too small.  That's also why you have the healthcare overhaul.  That's also why you had the FHA $8,000 First-Time Home Buyer Tax Credit (of which yours truly was a beneficiary) and the Cash for Clunkers.  If the President hadn't done anything, I fear we would be even worse than we are now.  We were flat on our backs when Obama took office.  We're now starting to be able to sit up, but everybody, including the President, knows we have a long way to go.  The credit rating drop was probably going to happen regardless given our economic state, and I place little blame on either Bush or Obama for that.  There is all this talk about us going over the fiscal cliff in the next few months if we don't get a budget passed.  We were just about ready to fall off the same fiscal cliff in January 2009 and Obama had to do everything he could think of to keep us from falling off the edge.  Not to mention, we were fighting two wars on a credit card.  Things are not much better now, but at least we're not at rock bottom right now.  There's still a LONG way to go, but slowly but surely we'll get there.

[Lief 🗽]

Bushie, the typical American swing voter, has spoken.

[Orion0]

My thought is the economy was in such bad shape at the end of the Bush administration that Obama had to try something, even if it was wrong.  That's why you have the stimulus, which turns out was too small.  That's also why you have the healthcare overhaul.  That's also why you had the FHA $8,000 First-Time Home Buyer Tax Credit (of which yours truly was a beneficiary) and the Cash for Clunkers.  If the President hadn't done anything, I fear we would be even worse than we are now.  We were flat on our backs when Obama took office.  We're now starting to be able to sit up, but everybody, including the President, knows we have a long way to go.  The credit rating drop was probably going to happen regardless given our economic state, and I place little blame on either Bush or Obama for that.  There is all this talk about us going over the fiscal cliff in the next few months if we don't get a budget passed.  We were just about ready to fall off the same fiscal cliff in January 2009 and Obama had to do everything he could think of to keep us from falling off the edge.  Not to mention, we were fighting two wars on a credit card.  Things are not much better now, but at least we're not at rock bottom right now.  There's still a LONG way to go, but slowly but surely we'll get there.

All this post amounts to is making excuses for Obama. If he tried something and it was wrong, he needs to be voted out. The downgrade happened q3 2011, long after Obama's stimulus etc came into effect. Can't blame bush for a downgrade 3 years after he left office, since shockingly, it wasn't downgraded during his presidency. Continued "negative outlooks" do not point to a significant improvement in the future under Obama's tried and tired policies.

And p.s. wars still being fought on credit cards, only today the mantra is Seemingly "now with drones!

[Yank2133]

It is hilarious how people blame Obama for the credit downgrade, when S&P blamed Republicans for the downgrade for refusing any measure to raise revenue.

[Orion0]

It is hilarious how people blame Obama for the credit downgrade, when S&P blamed Republicans for the downgrade for refusing any measure to raise revenue.

Partisan hack, you are.
S&P cited "difficulties in bridging the Gulf between political parties" and "Political brinkmanship" in their review of the downgrade. Last time I checked it takes two to tango.
They mention both parties as being responsible, but I guess when you read the report you don't see the 'democrats' in the phrase "republicans and democrats have only been able to agree to relatively modest savings on discretionary spending"

[You kip if you want to...]

Didn't McCain try the exact same argument at some point in 2008? "Obama's not real change."

[Yank2133]

It is hilarious how people blame Obama for the credit downgrade, when S&P blamed Republicans for the downgrade for refusing any measure to raise revenue.

Partisan hack, you are.
S&P cited "difficulties in bridging the Gulf between political parties" and "Political brinkmanship" in their review of the downgrade. Last time I checked it takes two to tango.
They mention both parties as being responsible, but I guess when you read the report you don't see the 'democrats' in the phrase "republicans and democrats have only been able to agree to relatively modest savings on discretionary spending"

You forgot to add this little part.

"Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act."

Yes.....it was their fault.

[gsmiro]

My thought is the economy was in such bad shape at the end of the Bush administration that Obama had to try something, even if it was wrong.  That's why you have the stimulus, which turns out was too small.  That's also why you have the healthcare overhaul.  That's also why you had the FHA $8,000 First-Time Home Buyer Tax Credit (of which yours truly was a beneficiary) and the Cash for Clunkers.  If the President hadn't done anything, I fear we would be even worse than we are now.  We were flat on our backs when Obama took office.  We're now starting to be able to sit up, but everybody, including the President, knows we have a long way to go.  The credit rating drop was probably going to happen regardless given our economic state, and I place little blame on either Bush or Obama for that.  There is all this talk about us going over the fiscal cliff in the next few months if we don't get a budget passed.  We were just about ready to fall off the same fiscal cliff in January 2009 and Obama had to do everything he could think of to keep us from falling off the edge.  Not to mention, we were fighting two wars on a credit card.  Things are not much better now, but at least we're not at rock bottom right now.  There's still a LONG way to go, but slowly but surely we'll get there.

The logic behind government stimulus was build on Keynesian theories.  Bush tried and did ram through the first bailout package in 2008.  Obama just continued Bush's policy.  However, if you understand the Business cycle theory from the Austrian schools, you would understand that stimulus doesn't work.

Bubbles were caused by mal-investment on the more part.  The Feds kept the interest low, and cheap money flood into the housing markets and caused the bubble.  So it had to burst and the best thing is to let it burst.  Keep throwing money into it is not the solution.  We need to let the market adjust itself and reach a balance again.

Another more important question is, where do the US government came up with the money to stimulate the economy?  By printing them out of thin air through the Fed Reserve.  The Fed is devaluating everyone's dollar by doing that.   And the whole world is absorbing the lost when the Feds printed money.  And it is not right!  The US government also don't have the authority to do that from the Constitution.

FHA is definitely non-constitutional.  It is government trying to manipulate the markets by throwing borrowed (from the Feds) money into the market to encourage people who do not have the ability to own a house to buy a house, therefore, creating a bubble and eventually it will burst, again!

Cash for Clunkers?  It's even a more foolish policy.  Remove good and affordable used cars from the market, so that car manufactures and banks can benefit from it!  Normal people don't benefit from getting another 10,000 car loan, when they can buy a $3000 used car!

All these policies you mentioned are pushing us near the cliff, not away from it.

[Orion0]

Yes.....it was their fault.

Meanwhile Obama did nothing in terms of leadership. No proposals, no mediation, no action of any kind. So even if republicans "resist" raising revenues, the flip side of that is reigning in spending. You have to raise revenue or decrease spending, and I don't see either of those things happening with the hatred between the two parties, as each is tied to a political philosophy.
Raising taxes is "democrat" territory, resisted by repubs claiming everyone will be poor due to excessive taxes; while decreasing spending is seen as a "republican" action resisted by democrats claiming everyone will die because of no safety net. It's hackery from both parties and no meaningful solutions will happen without serious leadership and extremely tough decisions on both sides.