Romney: Obama passive in the face of ‘fiscal cliff’
September 15th, 2012
04:30 PM ET
2 years ago

Romney: Obama passive in the face of ‘fiscal cliff’

(CNN) - In his weekly podcast on Saturday, Republican presidential nominee Mitt Romney described President Barack Obama as handling the economy negligently while the country approaches a “fiscal cliff.”

"Political gridlock threatens to plunge us back into recession, but instead of seeking bipartisan solutions, President Obama is passively allowing us to go over a fiscal cliff," Romney said. The White House Budget Office reported this week that a collection of tax increases and spending cuts holds in store harsh consequences for the economy.

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To illustrate his point, Romney suggested listeners consider the situation into which a young woman starting college today will find herself at graduation.

"If Barack Obama is president, she'll have fewer job opportunities. And if she's lucky enough to get a job, she'll face higher taxes to pay down our nation's staggering debt," Romney said. “If I'm elected, that young woman will enter an economy that's filled with good jobs. She'll keep more of the money she earns. And she'll be more confident in her future - and in the future of the country."

Romney charged that Obama has been "driving jobs overseas," citing the U.S.' declining share of worldwide manufacturing and China's emergence, including its gains made by taking advantage of U.S. businesses.

"According to a government study, China's theft of America's intellectual property has cost us more than 2 million jobs," Romney said. “And again, President Obama has failed to protect those rights. It's bad enough that he won't stand up for companies and workers that are cheated by China. What's even worse is that his policies are making America less competitive."

When the president has acted, he "has imposed major new federal regulations at an unprecedented rate."

In contrast, Romney said his plans would "strengthen our middle class ... result in bigger paychecks and 12 million new jobs in my first term."

Romney was off of the campaign trail on Saturday, but his running mate was campaigning in Florida and talking economics. Republican vice presidential nominee Paul Ryan called the Federal Reserve's recently announced economic stimulus "insidious."

As he opened the podcast, Romney paused to acknowledge the subject of headlines and Obama's weekly address earlier in the day.

"I want to begin by acknowledging and joining with you in mourning the death of four Americans who were killed in Libya this week," Romney said. "We hold their loved ones in our prayers and we keep them in our hearts and memories."

The two men had during the week exchanged jabs over Obama's handling of the Arab world unrest. But on Saturday, Obama remained at the White House without a public schedule, and Romney spent a portion of the afternoon at one of his grandson's soccer games in Massachusetts.


Filed under: 2012 • Mitt Romney
soundoff (104 Responses)
  1. Anonymous

    Every time Mitt Romney steps in it, here come the media to push him back up - either through fake poll numbers, or fake talking points. Oh, well. Folks who believe in the Romney fairy-tale enough to vote for him deserve another eight years of George Bush.

    September 15, 2012 04:48 pm at 4:48 pm |
  2. NEVER to VOTE REPUBLICAN again

    Watch the videos on youtube, "LYING FOR THE LORD". About the Mormon belief that it is o.k to lie and spin if you feel it is for a greater good. The Mormon bishops use lying as a "management Tool". ROMNEY will say anything to become POTUS because he believes he is fulfilling a Mormon prophesy!
    Read about the Kirkland Bank Scandal!
    Wake Up People!

    September 15, 2012 04:49 pm at 4:49 pm |
  3. TAK

    This is a cliff that Mitt's running mate, Paul Ryan, led us to when he headed the Republican contingent of the Super-Committee. Rather than negotiate with the Dems, Ryan had the Reps walk out, knowing full well what the consequences would be. He always had in mind to blame the Dems when the cliff started getting close.

    Now it has and so he and his running mate, have.

    September 15, 2012 04:50 pm at 4:50 pm |
  4. Lene

    Would these $12 million new jobs include the jobs that the Repulicans kept at bay from the middle class because they refused to to pass the jobs bill? And is that fiscal cliff owed in part to the bill that Ryan voted for?
    The Republicans are going to hell with gasoline drawers on!!!

    September 15, 2012 04:53 pm at 4:53 pm |
  5. Chipster

    "Political gridlock threatens to plunge us back into recession, ..." That's so true but when the President has agreed to accept some of the Republican proposals, the Republican members of the House refuse to vote for them. They actually refused to vote for their own proposals if the President agrees to accept them. The Republican plan is to block anything the President attempts to do, even if they support it. They have made if quite clear that their #1 goal is to work to make the President fail and they really don't care if the nation fails in the process. That borders on treason as far as I'm concerned. Voters need to understand that they need to elect a Congress that will work with the White House unless they want gridlock. Mid-term elections are so important, yet voters fail to vote.

    September 15, 2012 04:54 pm at 4:54 pm |
  6. Phil Thomas

    This guy is like Obama's personal heckler, if he ran on Ideas he might actually pick up a vote or two. weak passive, all of this coded messaging they are sending to try to bring out the ugliest trait people have is crazy. They got fox news poising thier base, but talk ideas and stop being a 24/7 presidnetial heckling machine. Its not working

    September 15, 2012 04:57 pm at 4:57 pm |
  7. rla

    The Obama FAIRY TAIL is about over- When people step in that voting booth they will pause an then vote ROMNEY.... You can't vote for the reality of the disaster of Obama and be a good American

    September 15, 2012 05:05 pm at 5:05 pm |
  8. rla

    Romney has spent his life solving problems and turning things around! What has Obama ever done???

    September 15, 2012 05:06 pm at 5:06 pm |
  9. GI Joe

    Obama/Biden for a calm steady hand in our times of turmoil around the world.

    New democracies are being formed and it takes years, not just months.

    September 15, 2012 05:08 pm at 5:08 pm |
  10. Thomas

    @Anonymous
    Every time Mitt Romney steps in it, here come the media to push him back up – either through fake poll numbers, or fake talking points. Oh, well. Folks who believe in the Romney fairy-tale enough to vote for him deserve another eight years of George Bush.

    Your right ,
    GW Bush made it much harder for guys like Romney to become President . Different guy , different face , same policy !

    Fool me once shame on you , Fool me twice sham on me !

    Words of wisdom !

    September 15, 2012 05:10 pm at 5:10 pm |
  11. Yonni

    Who on earth is voting for this guy? How can he get a single vote with continuous demonstration of remarkable character flaws and un-trust worthiness. Just disturbing!

    September 15, 2012 05:17 pm at 5:17 pm |
  12. 0Patrick0

    okay, Mitt, you say you want bipartisanship. We face this fiscal cliff because your party voted for it as well as did the Democrats. Obama proposed the kind of cuts in services Republicans want, but only proportional to your party's agreeing to raise revenues on the wealthy. Meet us half way. Instead, you and your party propose only cuts, no taxes, and no cuts on the military, which is the most wasteful part of the budget. Now that the fiscal cliff is at hand and Obama has said he will let us go over it, you allege he's being inflexible and needs to be bipartisan, but you still mean no taxes, only cuts.

    September 15, 2012 05:21 pm at 5:21 pm |
  13. Romney 1040 or Obama 2012.

    Bi-Partisan solutions means Republicans solution right Mitt? Gridlock...? Please explain to us about the Gridlock Mitt.

    Republicans have thrown the majority of US citizens under the bus for the benefit of the ultra-wealthy and international corporate interests.

    September 15, 2012 05:22 pm at 5:22 pm |
  14. Rupert Murdoch = Josef Goebbels

    The Republican's "Pledge of Allegiance to Grover Norquist" makes the Republicans unwilling to compromise on bipartisan solutions. Repubs are the cause of the gridlock.

    The woman who graduates from college after four years of Romney better have very wealthy parents, or she will be working retail for minimum wage.

    September 15, 2012 05:24 pm at 5:24 pm |
  15. Mike from Calgary

    Give Romney lots of air time ... the more he says, the more people realize that MITT ROMNEY IS NOT SMARTER THAN A 5TH GRADER. Give Romney lots of leeway or rope ... and he just hangs himself .. politically speking.

    I MUST NEVERTHELESS ADMIT, ROMNEY DOES LOOK GREAT IN THAT CAYMAN ISLAND TAN!

    September 15, 2012 05:27 pm at 5:27 pm |
  16. honest mari

    Mmm!!! May we remind self induced "amnesic" Romney and Ryan and their GOP followers who time and time and time again choose to forget, that they brought us to this "fiscal cliff " by the virtue of their inefficient policies that never worked. They may choose to forget but we remember. God bless. America.

    September 15, 2012 05:27 pm at 5:27 pm |
  17. My Vote Is Not For Sale

    Romney is desperate, has no ideas and is realizing no amount of money can buy the Presidency. He thought running for President would be easy and he could do to President Obama what he did to his opponents during the primary. He is not intelligent enough to know the general election and the primary are like apples and oranges. Even the Chinese News Agency has called him a phony for building his wealth doing business with China and criticizing China. Republicans have no one to blame but themselves for nominating Romney. I don't want someone as President that is dishonest, phony and will say anything or do anything to be President. Our country deserves better than Romney he wants the title of President tbut has no idea what the responsibilities are. Romney thinks the rules don't apply to him and refuses to release his taxes as Presidential Candidates have done since the 1960's.

    September 15, 2012 05:27 pm at 5:27 pm |
  18. DearCityGirl

    Mitt Romney has proved that he is not Presidential material and is only interested in his own issues. If he handles the death of Americans overseas with such dismissal and lack of sensitivity, can you imagine how he would handle the American economy? Just because he knew how to manipulate people in the business world, so Bain Capital could make lots of money, does not mean he can fix the American economy. As a person representing a state, he's fine. However, he is not suited to represent our country and meet with dignitaries from all over the globe. Dignitaries will not forgive inappropriate behavior, like family friends and co-workers. Since Mr. Romney was so callous about the deaths of Americans, the people of the United States should not vote for him. No one can be all things to all people, but as a President you have to learn to be all things to all people. In the face of tragedy, a President should not be knee-jerking, opportunistic and looking to his own interests, he should be thinking about those who died, to their families and how it affects everyone else. This is not Mitt Romney. America, please wake-up. We do not want four more years of the way life was between 2000-2008. We need a President who truly cares and wants to keep his promises, who really wants the best for all Americans. Vote for President Obama, and vote in a Democratic House and Senate and we'll all relive the Clinton Golden years when America was on top.

    September 15, 2012 05:32 pm at 5:32 pm |
  19. near_retirement

    Obama made a reasonable proposal about 1 year ago but Republicans in Congress would not consider balancing revenue and cuts, insisting on cuts and only cuts. This policy would destroy services that we all count on and so Dems could not agree. It is utter nonsense to imagine that cuts, and cuts alone would have helped the economy and would mean that we would be in a stronger situation today than we were last year. Sequestration was an attempt at returning a bit of sanity to the process. It was not something anyone liked, except Paul Ryan who seemed quite enthused. Yes it's a difficult situation right now but I would rather have Obama at the helm than Romney. Romney does not the substance needed, it appears he is even worse than Bush.

    September 15, 2012 05:33 pm at 5:33 pm |
  20. Jules

    The agreement that President Obama and John Boehner made was that the Congress would work out an agreement or the deep cuts would happen on Jan. 1. Everybody's waiting on Congress, except Mitt, of course, he just wants to blame the president for another thing.

    September 15, 2012 05:41 pm at 5:41 pm |
  21. annette

    notice that the only subject that romney is constantly attacking obama is on the economy but mitt doesn't give a clue about his plan. mitt is says he is not desparate about the polls because he will win the debate because obama will "lie".

    September 15, 2012 05:50 pm at 5:50 pm |
  22. JP

    If people are so keen to embrace European socialism, more foreign policy disasters, and see the US on the path of Greece and such like countries, President Obama is their candidate. It is cool voting for him though

    September 15, 2012 05:54 pm at 5:54 pm |
  23. tammyk tammy

    College educated women are not stupid Mitt and will not believe your pandering for their votes. Listen up young ladies – your financial future will not be so rosy if you allow the repugs to take away the access to birth control and preventative screening achieved under Obamacare. Do you think that being forced to carry a rapist's baby to term will boost your career, finances, or your mental health? The women before you in history fought long and hard for women's rights so never let go of the gains they sacrificed for. I will concede that Mitt is right about one thing - if you manage to get a job fresh out of college with a salary exceeding $200,000 per year, you will have to pay more taxes LUCKY GIRL.

    September 15, 2012 06:00 pm at 6:00 pm |
  24. GetReal

    Hey, Mitt. There's nothing passive about a good poker face. Don't blink when it gets down to the wire.

    September 15, 2012 06:02 pm at 6:02 pm |
  25. Mack J.

    I am fed up with "Frick and Frack" criticizing President Obama and not offering any alternatives as to what they would do. I have just one nerve left and they are getting on it!!

    September 15, 2012 06:12 pm at 6:12 pm |
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