The 2012 Presidential campaign has descended to new levels of irrelevance with Obama assailing Romney on the spurious charge of “outsourcing” as if he had just killed someone and Romney having to respond in kind. What’s missing is an authentic debate on the state of the U.S. economy and each sides plan to resurrect it. Isn’t it time to ask some tough questions starting with Solyndra or Staples?
Instead, we have a constant back-and-forth on “issues” that six months from will have not have produced one additional job. Where will it end? Perhaps, it’s time for the American people to begin asking the questions. So let’s look at some of the things that America wants to know about.
Solyndra or Staples? Obama’s Department of Energy squandered billions of dollars that created jobs in places as varied as China and Finland. In fact Senator Charles Schumer (D-NY) said, “79 percent of the 2.1 billion in stimulus grants awarded through it went to overseas companies.” The bankruptcy of Solyndra alone cost the American taxpayers $500 million.
Meanwhile, the firm that Mitt Romney helped to found did so well that it became the standard for investment capital firms throughout the industry. Yes, some companies went bankrupt but many more were successful. In fact, based on verified information, Bain under Romney achieved a .780 success rating. Bain Capital worked with such familiar American brands as, Staples, Dunkin’ Donuts, Burger King, Domino’s Pizza and The Sports Authority, to name a few. Who would you choose?
How about this stark choice: Freedom or Slavery? Mitt Romney and the Republicans stand for limited government, lower taxes and the freedom of Americans to pursue happiness as the Declaration of Independence promises. Barack Obama and the Democrats would put us in a strait jacket of higher taxes, rules, regulation and top down government control. Who would you choose?
Higher Taxes or Fairer Taxes? Barack Obama, despite his protestations to the contrary will raise our taxes. In fact, his healthcare law has within it 21 new taxes and fees, enforced by 20,000 new IRS agents. Ronald Reagan’s famous quote, “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it”, is still operative.
Meanwhile, Romney and the Republicans are proposing a fairer system of taxation with fairer deductions and fewer loopholes. You must remember that every loophole has spawned a pressure group or a lobby. The fewer there are, the fewer the lobbyists to distract our representatives who will have more time to govern. Who would you choose?
Higher energy costs or lower energy costs? The Obama administration has continued the assault against American energy and fossil fuels. Despite the untold billions of barrels of oil and trillions of cubic feet of natural gas, his administration has worked overtime on jobs-killing rules, regulations and decisions to curtail and in the case of coal, our biggest energy source, snuff it out forever.
The Departments of Energy and the Interior, along with the Environmental Protection Agency have led the fight for higher energy prices across the board and they have been successful. Oil, gas and electricity costs have all risen under Barack Obama. In the case of gasoline, it have nearly doubled since the day that he was inaugurated.
Our other choice is Mitt Romney who supports the use of America’s abundant natural resources. He also supports the building of the Keystone XL pipeline. He believes that we need to exploit our offshore oil and natural resources. Why? Because Governor Romney understands that the key to a prosperous United States is cheap domestic energy. High energy costs distort every facet of the American economy from heating, electricity, plastics, transportation and building materials.
Under the circumstances that we face today, which choice would you make, sink or swim?