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Author Topic: Romney: June Jobs Report 'Kick In The Gut'  (Read 209 times)
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CeeKay
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« on: July 06, 2012, 05:42:48 PM »

http://www.huffingtonpost.com/2012/07/06/mitt-romney-jobs-june-report_n_1653817.html?utm_hp_ref=politics

Quote
Mitt Romney responded to the June jobs report on Friday by blasting President Barack Obama and saying the "kick in the gut has got to end."

"American families are struggling," Romney said. "There is a lot of misery in America today."

According to the Labor Department report, U.S. employers added only 80,000 jobs in June, marking the third consecutive month of weak hiring. The unemployment rate was unchanged at 8.2 percent.

Speaking from a hardware store in Wolfeboro, N.H., Romney assailed Obama as lacking an economic plan and hurting job creation through over-regulation and high corporate tax rates. He said, "The president's policies have clearly not been successful ... in reigniting this economy and putting people back to work and opening up manufacturing plants across the country."

The presumptive Republican nominee also accused the president of failing to negotiate needed trade agreements and knocked Obama for "failing to effectively crack down on China" at the expense of American workers.

"It doesn't have to be this way," Romney said. "The president doesn't have a plan and hasn't produced any new ideas."

looks like good news for Romney, or as another site puts it puts Mitt Romney back on comfortable footing.
« Last Edit: July 06, 2012, 05:45:25 PM by CeeKay » Logged

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Isgrimnur
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« Reply #1 on: July 06, 2012, 06:06:22 PM »

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The presumptive Republican nominee also accused the president of failing to negotiate needed trade agreements and knocked Obama for "failing to effectively crack down on China" at the expense of American workers.

Not like we've lodged a complaint about car tariffs or anything. 
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CeeKay
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« Reply #2 on: July 06, 2012, 06:26:47 PM »

Quote from: Isgrimnur on July 06, 2012, 06:06:22 PM

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The presumptive Republican nominee also accused the president of failing to negotiate needed trade agreements and knocked Obama for "failing to effectively crack down on China" at the expense of American workers.

Not like we've lodged a complaint about car tariffs or anything. 

I wonder if he would have done that if it wasn't an election year, but then again I wonder if Romney truly has the stones to keep his stance should he get elected:

Quote
Taking a tough line toward China on trade issues is a tried-and-true strategy during election years. The administration’s action builds on a complaint filed in March against China for its alleged hoarding of rare-earth minerals, which are used to manufacture a range of sophisticated technology products.

Mr. Romney has called for much tougher steps against China on issues like intellectual property and currency policy. He has said he would label China a currency manipulator – a step that the Obama administration has steadfastly resisted.

but, looking at the press release linked to in that article, it looks like it is another one of China's 'you do something to us, we do something to you' moves:

Quote
Shortly after President Obama decided in September 2009 to impose a safeguard measure against Chinese tire imports, China’s Ministry of Commerce announced that it would initiate antidumping and countervailing duty investigations of imports of American-made cars and sport utility vehicles (SUVs). Then, in May 2011, China’s Ministry of Commerce issued final determinations in which it found that imports of American-made automobiles had been sold at less than fair value (i.e., “dumped”) into the Chinese market and had also benefited from subsidies. WTO rules permit imposition of duties on imports of merchandise that are found to be dumped or subsidized, if those imports cause injury to the domestic industry. However, at that time, China suspended the imposition of duties.

Subsequently, in December 2011, China began imposing both antidumping and countervailing duties on imports of American-produced automobiles. The antidumping duties range from 2.0 percent to 8.9 percent, with an “all others” rate of 21.5 percent, and the countervailing duties range from 6.2 percent to 12.9 percent, with an “all others” rate of 12.9 percent. The specific products affected by the duties are American-produced cars and SUVs with an engine capacity of 2.5 liters or larger. Last year, the United States exported more than $3 billion of these automobiles to China.

The United States believes that China initiated the investigations without sufficient evidence; failed to objectively examine the evidence; and made unsupported findings of injury to China’s domestic industry. In addition, China failed to disclose “essential facts” underlying its conclusions; failed to provide an adequate explanation of its conclusions; improperly used investigative procedures; and failed to require non-confidential summaries of Chinese company submissions.

I'd hate to see what they would do to quid pro quo Romney saying such a thing.
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« Reply #3 on: July 06, 2012, 09:08:05 PM »

It's all fun and games until you try to pin Romney down about HIS plan.

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Romney has plainly calculated that he can win without explaining what he’d do as president, and seems intent on becoming the “generic Republican candidate” that pollsters include in surveys (and that often outperform real Republicans). He seems to be making two assumptions: The country is in such dire shape that simply being against Obama is enough, and his background at Bain Capital is a sufficient qualification to get him elected. His campaign is a sustained exercise in avoiding risk.

I know Romney's jobs plan has something to do with tax cuts for billionaires and magic pixie dust, but I'm a little hazy on the details.
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Isgrimnur
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« Reply #4 on: July 06, 2012, 09:11:14 PM »

That ought to make the debates interesting.  Romney just yelling out things like, "That's a terrible idea!", "You suck!", "Elect me instead!", etc.
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Pyperkub
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« Reply #5 on: July 07, 2012, 12:34:21 AM »

I think his plan is to have the Republican House on his side...

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Alefroth
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« Reply #6 on: July 07, 2012, 02:57:57 AM »

Quote from: Ironrod on July 06, 2012, 09:08:05 PM

It's all fun and games until you try to pin Romney down about HIS plan.

Quote
Romney has plainly calculated that he can win without explaining what he’d do as president, and seems intent on becoming the “generic Republican candidate” that pollsters include in surveys (and that often outperform real Republicans). He seems to be making two assumptions: The country is in such dire shape that simply being against Obama is enough, and his background at Bain Capital is a sufficient qualification to get him elected. His campaign is a sustained exercise in avoiding risk.

I know Romney's jobs plan has something to do with tax cuts for billionaires and magic pixie dust, but I'm a little hazy on the details.

No, I don't think you are.

Ale
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