Critique of Economy Under Obama

Attending Fourth of July festivities in New Hampshire on Monday, Mr. Romney reasserted that “the recession is deeper because of our president” and that the recovery was more anemic because of him as well.
By: Eileen
 
July 6, 2011 - PRLog -- (The recession was declared officially over as of June 2009, but the recovery, especially in employment, has been weak and inconsistent.) At a town-hall-style meeting on Tuesday in his vacation town of Wolfeboro, N.H., Mr. Romney filled out his economic case against Mr. Obama, saying his early moves scared businesses out of spending money and hiring. He cited Mr. Obama’s ultimately abandoned pursuit of cap-and-trade environmental legislation and financial sector regulatory changes as being among the culprits.

His latest formulation on Mr. Obama and the economy raised a new question from a reporter at a briefing at the Galley Hatch restaurant here, where he had met with friendly local officials and small-business owners to discuss their economic troubles. Given that Mr. Romney has used a present-tense formulation to say, for instance, “the recession is deeper” and the recovery slower because of Mr. Obama, the reporter asked, “Is it your view that it’s possible to be both in recession and recovery at the same time?”

Advisers to Mr. Romney said they were hardly fretting, arguing that the whole flare-up has kept the debate right where they want it, on the slowness of the recovery and Mr. Romney’s critique of Mr. Obama. As Kevin Madden, an informal adviser and Mr. Romney’s campaign spokesman in 2008, put it, “They’re actually spending time litigating whether the economy is worse under Obama, or if it’s just bad.” Of course, before Mr. Romney can truly focus on Mr. Obama he has a few other people to worry about: the other major Republican candidates who are not exactly ready to cede the nomination to him just yet.

For much of this year, Mitt Romney has laid low, seeking to reap the benefits of being the presumed front-runner in the race for the Republican presidential nomination (strong fund-raising, positive polling) without suffering the downsides (intensive news media scrutiny, endless shelling from rivals). But as Mr. Romney has finally started to campaign in earnest over the past couple of weeks, the dangers of his perceived leading status are coming into view, with a more intense focus on his every word. And in the past few days, it has revolved around three words in particular: “things are worse,http://www.feathershairextension.com/feathers-hair-extens... .”

“The technical term of the recession is not the one that I think the American people recognize,” Mr. Romney said, defining that as “a shrinking G.D.P.” Rather, he said, “I think most of the American people understand that we’re still feeling the effects of the recession and that the recovery that comes from a recession, which has been under way for some time, has not occurred as they would have expected it to occur.” Democrats have tried to use Mr. Romney’s shifts in wording to raise a theme that has dogged him since his presidential campaign four years ago — inconsistency — issuing news release after news release pointing out his latest comments, including one Tuesday that read, “Romney Flip-Flops at N.H. Town Hall.”

During his campaign swing through this crucial state this week, Mr. Romney has been faced with repeated questions about the consistency of his commentary on President Obama’s handling of the recession and the subsequent economic recovery. To recap: On Thursday, when asked by a jouralist in Pennsylvania to jibe his assertions that “things are worse” under Mr. Obama with various signs of economic improvement since the president took office, Mr. Romney replied, “I didn’t say things are worse,” adding, “What I said was the economy hasn’t turned around.” Democrats accused him of “flip-flopping” on a central assertion of his candidacy.

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Source:Eileen
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