July 24th, 2010
11:49 AM ET
4 years ago

Pence: Obama’s economic policies ‘have failed’

Washington (CNN) – Republican Rep. Mike Pence criticized the Obama administration and Democrats in Washington on Saturday, delivering a biting attack on the economic and fiscal policies promoted by a legislature and White House controlled by Democrats.

"The economic policies of this administration have failed,” Pence said in Saturday’s weekly Republican address.

"In the worst economy in a quarter of a century, American families are hurting. That's obvious to just about everybody, except that is the Democrats in Washington, D.C.,” the Indiana Republican said.

"You know, it's more clear every day, they just don't get it. Washington politicians just aren't listening and the American people know it.”

But on the same day President Obama capped his week by touting the Wall Street reform bill that became law Wednesday, Pence was instead looking to the future, and warning of tax increases.

"And if they haven't already done enough to wreck our recovery, Democrats in Washington are pushing more spending, more regulation, and right around the corner: more taxes,” Pence said.

"Washington D.C. doesn't tax too little. Washington D.C. spends too much. I don't know anybody back in Indiana who thinks they pay too little in taxes. And only in Washington D.C. would anyone believe that raising taxes creates jobs.”

The tax increase Pence warns of will come if the 2001 and 2003 Bush tax cuts are allowed to expire at the end of the year. President Obama had promised to make them permanent for families making less than $250,000.

But faced with growing fiscal challenges, there's debate in Washington about whether the country can afford to permanently extend the tax cuts.


Filed under: issues • Mike Pence • President Obama • RNC
soundoff (159 Responses)
  1. Bill Finn

    If the Pesident's palns do not pan out its because they have become too watered down in order to get past a republican filibuster. Pence and his buddies have no right to claim that the President's agenda has failed when they have prevented every meaningful piece of legislation to die on the Senate floor.

    July 24, 2010 03:47 pm at 3:47 pm |
  2. unshrub

    The republicans have a new campaign slogan. "Vote for us because the Democrats are too slow in fixing the problems we created."

    July 24, 2010 03:51 pm at 3:51 pm |
  3. billybob 'n NC

    It must be satisfying to sit there and crticize while offering nothing. A toad could take the Repubs place. All it would have to do is croak once in a while.

    July 24, 2010 03:52 pm at 3:52 pm |
  4. Terry B., Lexington, Ky

    Mike Pence should wear a sign around his neck that says......I'M A DORKFISH"....

    How big of a moron do you have to be to say that after not even two years of trying to dig out of the worst economic mess since the depression thanks to Dubya and his massive tax cuts, his allowing the banking industry to run criminal, and fund two major conflicts without EVER PUTTING THE COST TOWARDS THE DEFICIT have failed???

    Dumb azz Republicans ARE ALWAYS great at telling us what is wrong and who is to blame bet NEVER offer solutions of how to fix it other than....Elect a Republican President and Congress and cut taxes for the rich. That is it, that is ALL THEY HAVE!!!

    So how big of a moron, heck it's easy, just be a GRAND OIL PARTY member that can only say NO!!!!

    July 24, 2010 03:53 pm at 3:53 pm |
  5. L

    yadda yadda yadda....

    Where's the Republican solution?

    Less regulation = let the banks destroy the economy again.

    Less regulation = let BP destroy the Gulf even more.

    Make tax cuts permanent = give more money to the rich.

    Cut spending = destroy the middle class.

    Meanwhile, while other nations are developing alternatives to imported oil and trying to reduce carbon emissions, the Republicans are stuck in insisting the problem is a hoax.

    July 24, 2010 03:53 pm at 3:53 pm |
  6. chad

    republicants say that gov. dont work, and they will prove it if they are put back in power.

    July 24, 2010 03:54 pm at 3:54 pm |
  7. joe

    the GOP must really think the american people are stupid. we can't figure out for ourselves who is responsible for this economic mess we find ourselves in. FACT: we lost nearly 8 million jobs under the republican run govt. before president obama entered office. our country was on the brink of collaspe, econmically. thank GOD president obama acted quickly to prevent further damage. the chamber of commerce recently stated it was president obama's policies that averted another depression. for those of you that want to throw the guy out of office after 1.5 years and replace him and or the dems with the current leaders of the GOP... i have one thing to say: are you out of your mind?

    July 24, 2010 03:55 pm at 3:55 pm |
  8. they call me "tater salad"

    The Republicans know better than anyone just how big of a blistering defeat they're gonna see in November so they're getting an early start on there typical, bluster filled bulls**t stories and fear tactics to scare all of the uneducated Chicken Little's this country is infested with! They also know that they have to resort to these tactics because if they actually tried to run on genuine merit and accomplishment they'd soon be known as the Whig Party of the new millenium!

    July 24, 2010 03:59 pm at 3:59 pm |
  9. Carramea

    The truth is that Regan, Clinton and Bush with all their trade policies opened the flood gates for greedy companies to pad the CEOS portfolios by sending jobs overseas. These jobs are gone forever. How is Obama supposed to turn that around repugs? I used to be a Republican and they sicken me now. George Bush cut taxes and jobs still bled out of here at a record pace. I will accept criticism of Obama when some one in the other party gives a viable solution to the job problem.

    July 24, 2010 03:59 pm at 3:59 pm |
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