Washington (CNN) – Competing campaigns reacted quickly to former Massachusetts Gov. Mitt Romney's jobs speech in North Las Vegas, Nevada Tuesday.
Obama for America, President Barack Obama's campaign for reelection, called Romney's plan a repackaging of the "same old policies that helped create the economic crisis."
Listen to the Political Notebook as CNN’s Paul Steinhauser and Bob Costantini discuss Mitt Romney’s jobs plan unveiled two days before President Obama’s. A businessman discusses why he likes Romney. And a one-time only theme song.
"While Mitt Romney spoke today about the struggles of the middle class, he offered a plan that would tip the scales against hard-working Americans," read a statement by the president's campaign.
Romney drew a response from the right, as well.
"As Governor of Massachusetts, Mitt Romney failed to create a pro-jobs environment and failed to institute many of the reforms he now claims to support," wrote Mark Miner, Rick Perry's national press secretary, in a statement.
Even before Romney made his remarks, some of his other competitors for the Republican presidential nomination put out statements critical of the plan.
Standing under a banner that read "Day One, Job One," Romney said that his first actions as President would be to counter what he called harmful policies of the Obama administration.
In the speech, Romney said his program would deliver economic growth of 4 percent and bring the corporate tax rate down to 25 percent, down from 35 percent.
Romney first outlined his plan in a USA Today piece published Tuesday.
"Only the individual initiative of entrepreneurs, workers, investors and inventors enables companies, and our economy as a whole, to flourish," wrote Romney. "The contrast between what the Obama administration has done and what I would do as president could not be starker."
Obama plans to unveil his jobs plan to a joint session of Congress on Thursday.
The president previewed aspects of his jobs plan in a speech on Monday. Among the proposals he plans to detail are increased construction spending and extending the 2011 payroll tax cut.
Yawwwwn......same old ideas
Trickle down dreams, trade wars, union killing' , less safe workplaces, less safe products and of course abdication of green energy tech and jobs to India and China, lower wages
even though Bush was president. Mittens is a liar.
Smaller government = higher unemployment (people hold those jobs).
The fewer government jobs we can get by with, the better the US economy will do. Government jobs do not create economic value for America. They reduce it. Private sector productivity creates economic value for America. That's what we need.
Did the Mittster give any specifics or is he like all the other GOP wannabes just talk in generalities? They all say they would boost the economy and create jobs but none of them say how. They talk about the democrats job killing policies but fail to name even one. What they do talk about about is cutting taxes which you might recall is how we got into this mess, cutting taxes by borrowing to pay for the tax cuts. We have proof that the GOPs approach does not work, hasn't worked and won't work. If it did work, we would have plenty of jobs because they've had their tax cuts for 10 years, so where are the jobs? They talk about decreasing the corporate income tax from 35% to 25%, we already know that corporations are not paying 35% in taxes, in fact the largest corporations are paying zero taxes, so how much below zero do we have to cut their taxes? All the GOP has to offer is smoke and mirrors, and of course lies. If America wants minimum wage jobs or sub minimum wage jobs, then the one GOPer that offers Americans that is Perry. Is that what America wants or needs, I think not.
Quoting CNN!s Dan Merica "Even before Romney made his remarks, some of his other competitors...put out statements critical of the plan.". They more than likely have not read the 88 pages nor do they have the intellect to understand them. Read it America. It is the answer!!
Trickle-down economics. It's a good system to get the Koch brothers to support your campaign but it only benefits the ultra-rich. They invest their obscene profits in offshore industry, real estate, and toys for the rich. The middle class gets nothing but sound bites from hate radio. Great plan...
Sorry, Romney. There just aren't enough moderate Republicans left to get you nominated. The crazies want a Teavangelist and it's looking more and more like that will be Perry.
As much as undecided moderates (like myself) and Indpendents would like a choice in 2012, it looks like this is going to be another year where our votes go against a candidate rather than for one.
Actually, a 25% tax rate that all corporations were ACTUALLY PAYING would be an improvement on what we've got now. But the chances of a GOP President following through on closing loopholes and enforcing that rate are virtually nil. Even with a relatively moderate (gasp!) candidate like Romney.
"Standing under a banner that read "Day One, Job One," Romney said that his first actions as President would be to counter what he called harmful policies of the Obama administration."
Like the Bush tax cuts and the war spending? Because from what i can see Obama has set the bar for the lowest taxes in the last 50 years and all it has done is sink us deeper in debt. Taxes do not help job creation. Look at 1925 when top taxes were 25%. A few years later was black tuesday. Low taxes brings America to her knees.
Obama to unveil $300 billion jobs package...# how the hell can you down talk our president for making jobs for the american people, when we will spend two or three times that amount on a war daily?(mind you americans never waist anytime helping any other county) @ Mr. Obama, thankyou
Romney! The whole setting was lame. The mixing of no tax on savings with no capital gain tax sounds like another form of crony cooperate capitalism riding on the back of the regular american home and family. Sarahs economic record for the people of alaska against crony capitalism is what the everyday american needs.
Looks like that book he's holding can fix anything ! The manual for my Camera is three times the size , wow !
Just tell us why none of your five sons didn't do any military service ?
S.O.S.D.D.-Nothing new here.....that trickle down just makes big mud puddles.
I am convinced that this guy is also another all talk and nothing else GOP. The only job he will create is for himself and no one else if yu vote for him. After that it is all about making his corporate supporters rich and the middle class – who cares. Beware.
If Romney is so smart, why did a senile, delusional old man (John McCain) beat him last time?
Tax cuts for corporations to go invest in emerging markets over seas, and deregulations to poison our country water and air, with big corporate polution. Mitt when bush pushed billions to corporations and banks in tarp money, what happened? I'll tell you what happen since you repugs have collective amnesia. Big corporations pocketed the money then complained that the reason why they werent hiring and the economy was losing almost a billion jobs amonth was government wasn't giving money to the people so they can buy their good.
When will these repugs learn that supply side economy don't work because of one reason, "greed". The repugs will try to spin this saying big corporations are patriotic, even though they are sitting on 2 trillion dollars as they watch America sink like the titanic. Yet they would not throw a life raft to help the helpless.
Sounds like he offer a lot to Big Business: tax cuts, open markets, no penalty for moving jobs overseas. Get rid of all those nasty regulations.
The Rich get their Capitol Gains tax-free.
Wonder who is going to make up the difference?
It sounds like more the GOP same. These things tend to favor the wealthy and do nothing for the middle and lower classes.
I am concerned none of these plans would amount to anything. How does Romney intend to make up the shortfall in revenue when he decreases corporate taxes? Keep bouncing the budget? Corporations making good profit should pay more taxes and corporations that need help to stabilize, should be assisted. To continue to talk about reduction in corporate taxes when the nation is suffering as a result of reckless and excessive tax cuts is irresponsible. And I equally doubt if simply rebuilding the nation's infrastructure would solve the problem. Government should relate to businesses in a healthy way that guarantees their continuity, to produce and create jobs. A lot of companies are in positions to create jobs if giving real helping hands. Government should partner with companies, determine their undermining factors and help them overcome .
Ithink it would be great if GE paid 25% instead of nothing.
His plan is a load of rubbish. What a JOKE!
This is similar to the GOP's version of healthcare reform – 16 pages. Light and does not have any real substance. There are no guarentees that companies will hire if they have a tax cut. It has not helped under the Bush tax cuts and now we are to believe a person who shipped jobs overseas. Are you kidding me?
Gosh what a big surprise Corporate tax cuts (they dont need ) they are sitting On $1 tr of unused cash Next Oooooh even bigger surprise repeal ACA, and the Dodd Frank legislation, no doubt it will be entitlements cuts and Medicare medicaid cutbacks and social security.
They dont listen to anyone every economist I know say those policies reduce government income in a recession, cost a lot of jobs and do nothing short term to boost the economy and are debt increasing or neutral at best.
He seems to forget the sword of damocles hanging over the debt comission ( defense and medicaid $1.2Tr) gang of 12 have to do, so do the other Republican candidates. This committee is going to fail to agree and then the fall back will not pass The house, and again crisis and see a repeat of everyhing on the debt debate again, only worse.
If that happens I can see recall votes being denmanded for all 2010 tea party house first timers.
I dont like this idea of a business ideal for our government business does have a great rep for corruption now I guess our country is to become such a machine
Boooooooo....Mittens and the gang are so busy tryin to "out-american" each other that the american people have tuned them out! I support President Obama in '12. The republicans have fielded a bunch of clowns that are out of touch with "joe six-pack."