This. Romney should be talking about how the economic picture today, especially for young people is the same as it was in 1982 and 1983. All the gains made over the past 30 years have been squandered in the past 12.
The difference between today and 1982 is that public debt back then was about 60 percent. Public debt now is double this figure. Where is the money going to come from if the baby boomer's children are living the same life as the boomers did from way back when, but are paying back twice the debt?
People are going to get crushed. Absolutely crushed.
We are going to see 1950's standard of living pretty soon. Wife at home with the kids, married, own a small house together, etc. Those are going to be the only people to prosper.
Another 4 years from Obama and we'll see workforce participation right back to the postwar years. Absolutely phenomenal achievement by Obama in just 4+ years.