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. gary

    This man is the phoniest, fraudulent, disingenuous candidate I have ever seen.

    September 15, 2012 09:17 pm at 9:17 pm |
  2. yogi

    So now Romney is promising 12 million new jobs and accusing the President of "driving jobs overseas". What else would you like to hear? It is baffling that there are millions who fall for these empty promises and lies.The hypocrisy of Romney knows no boundaries and this spineless man wants to be president, and this is all the GOP can come up with. What a joke! Obama 2012!

    September 15, 2012 09:19 pm at 9:19 pm |
  3. glorydays

    I hope he's got a spine this time. Time to stop the waiting for that trickle down thing...

    September 15, 2012 09:23 pm at 9:23 pm |
  4. chill485

    It's really quitee simple Mitt. Get your buddies in Congress to follow the recommendations of Bowles-Simpson and agree to increase tax revenue along with the cuts and sensible changes to entitlements. Then there would be no cliff. Bowles-simpson called for balance, the people of the US are in favor of it, only St. grover is against it and you don't have the spine to disagree.

    September 15, 2012 09:33 pm at 9:33 pm |
  5. joshu

    I find this disgusting because republicans are the ones that dont give a fig about the fiscal cliff. They were the ones who threatened that the US should default on its debt and are the ones not coming up with anything deal across the aile to fix the problem. Romney is nothing but a liar.

    September 15, 2012 09:36 pm at 9:36 pm |
  6. Kristine Canadyan

    And the Republicans are all SO concerned about the fiscal cliff, the House is taking an almost two month recess and won't return until November 13th! Now that's what I call concern.

    September 15, 2012 09:44 pm at 9:44 pm |
  7. Michael

    I just cannot believe these so called conservatives, evangelical, rightwing, radical liars, pretenders, deceivers, I think If Jesus Christ could be tempted to believe in abortion, that is to abort everyone these hypocrites, they would have never been born to lie, cheat, steal, deceive, misrepresent, mislead anyone in this world! Just think, what Mormons believe (check their doctrinal stance not their media dissertation), is that Jesus Christ brother is Satan! IT’S REMARKABLE FOR A SOCALLED CHRISTIAN CONSERVATIVE TO SUPPORT A PERSON WITH THIS VIEW! THAT MEANS THE ANTICHRIST WILL BE A REPUGLICAN CONSERVATIVE! All we have to do is look at Sam Bacile, Pastor Terry Jones of Gainesville, Fla, Morris Sadek, a conservative Coptic Christian in the U.S. whose behind the film which is responsible for deaths of Americans!

    September 15, 2012 09:45 pm at 9:45 pm |
  8. NikoEsquire

    I guess this man has not been watching the political theater that is Washington these days. While he says that the president is passive in the face of the country approaching a fiscal cliff, what does he expect the man to do when it is obvious that the Republicans aren't willing to work with him or agree to anything that would in any way shape, form or fashion look good for this president? I find it laughable how they always say that he's not working with them when, on almost every major issue, he has abandoned the Democrats in favor of reaching a compromise with the Republicans. That enthusiams gap that they keep referring to? Well, that was caused by the president's being more of a moderate than the liberal the base hoped for by showing willingness to bend in order to do something for the American people.

    September 15, 2012 09:48 pm at 9:48 pm |
  9. NikoEsquire

    I guess this man has not been watching the political theater that is Washington these days. While he says that the president is passive in the face of the country approaching a fiscal cliff, what does he expect the man to do when it is obvious that the Republicans aren't willing to work with him or agree to anything that would in any way shape, form or fashion look good for this president? I find it laughable how they always say that he's not working with them when, on almost every major issue, he has abandoned the Democrats in favor of reaching a compromise with the Republicans. That enthusiam gap that they keep referring to? Well, that was caused by the president's being more of a moderate than the liberal the base hoped for by showing willingness to bend in order to do something for the American people.

    September 15, 2012 09:48 pm at 9:48 pm |
  10. Larry L

    The "fiscal cliff" was created by Tea Party Republicans trying to obstruct our government. The recession started under the EIGHT YEARS of the Bush Administration! Bush issued the first bailout package! Over 8 million jobs were lost BEFORE President obama took office. Republicans have worked hard to obstruct all progress. Romney has offer absolutely nothing in specifics on how to pay for his big promises. How many times does this need to be said before Reoublicans man-up to the problem?

    September 15, 2012 09:51 pm at 9:51 pm |
  11. Bart

    Romney does not seem to remember that the whole thing was set up because when there was an opportunity to pass a tax cut last year the Republicans turned it down and stuck their unrelated pork barrel oil pipeline into the bill. This led to the bipartisan comittee that was supposed to try and reach a deal on tax and spending cut proposals. But since the Repubs said that it would be 100% their way or no way at all, a deal was not reached. Since the deal wasn't reached a set of automatic budget cuts and tax increases are due to come about. The entire thing is 100% fault of the oil company welfare check the republicans want to write, otherwise known as the XL pipeline. Even if we take that pipeline out of the mix there was still chances to fix the whole thing but the Repubs want no part of any compromises or negotiations.

    September 15, 2012 09:57 pm at 9:57 pm |
  12. Patrick in Wisconsin

    Really, Mitt? You're calling Obama passive? As if you've given any specifics on your plans.

    September 15, 2012 10:07 pm at 10:07 pm |
  13. Chris

    Fact most of big buisness went over seas because kess taxes! In the the1990's dems taxed the shit out of these buisness. Im 41 a firefighter making 38000 a year free insurance since obamas been in office i now have to pay for my insurance and while the lazy people who take out handouts i have to pay more taxes for them now.

    September 15, 2012 10:16 pm at 10:16 pm |
  14. Chuk

    Romney has no credibility. When was the last time he confronted his fellow Republican obstructionists? They're the ones leading the country towards a fiscal cliff. Just what they wanted, anything to get their "less spending". Soon enough they'd get their wish. When the heat is on, we'd see who gets blamed. Wing nuts. Or shall we say, "severely conservatives".

    September 15, 2012 10:16 pm at 10:16 pm |
  15. nintex

    Isn't it some kind of a mental health issue when you accuse your opponent of the very things you are doing? Everything bad they say about President Obama is something they have done or are doing themselves. Like accusing the president of being dishonest – really? It's like when Palin said President Obama wasn't vetted properly before the last election. What is wrong with these people?

    September 15, 2012 10:20 pm at 10:20 pm |
  16. Chuk

    Romney also promised that, if elected, he will make every American good looking, rich, and will never die. It's called Romney's utopia – they say anything to get elected heckler. Romney has made a lot of money using questionable practices. Now he thinks all that's left is to be president and get in the history books, regardless of what people say about his character.

    September 15, 2012 10:25 pm at 10:25 pm |
  17. darkforce57

    @Chipster – What alternate reality do you live in? Dems repeatedly stalled and balked at every suggested proposal by Republicans to avoid a fiscal calamity. OBAMA walked out of the discussions after throwing a temper-tantrum and even after Republicans agreed to modest tax increases Dems refused to accept cuts to programs that we couldn\'t afford. The Republican house has passed numerous budget proposals since 2010, how many budget proposals has the Dem Senate passed? 0. Obama\'s own budget was voted down in the Democrat controlled senate by over 90 votes!! (hint at how sound of a budget it was) and Reid as repeatedly refused to allow legislation passed in the House to come to a vote. The gridlock in congress isn\'t because of Republicans, but Democrats to self absorbed in thier god-complex to even consider compromising..

    September 15, 2012 10:25 pm at 10:25 pm |
  18. Larry L

    It's over for Romney and "Lyin Ryan" but they're unable to end it with class. They've not been willing to give the voters a single specific on what he plans for America – just baseless promises and distortions of the truth. He wouldn't even trust us with a look at his tax returns. Why not?

    It worked for the ill-informed, under-educated, radical base in the primary, but doesn't work with a more intelligent and rational electorate in the general election. Money spent on the Romney campaign is now wasted.

    September 15, 2012 10:31 pm at 10:31 pm |
  19. helenecha

    Verify America’s real challenges on economy. I don't think China has qualified as a rival to America on economy. Besides, I have a hard time saying that Obama is capable of keeping a sustainable solution on solving the difficulties on economy American people are facing.

    September 15, 2012 10:55 pm at 10:55 pm |
  20. enuff

    TRY AGAIN! It is Congress that is supposed to initiate budget issues. Any civic student knows that. Republican congress have done everything they could think of the make the president look bad at the cost of the american people. I hope it was worth it because I really don't think they've met their objective of a one term president.

    September 15, 2012 10:56 pm at 10:56 pm |
  21. Save America

    This was a deal that was worked out with GOP to get the debt deal. What are they complaining about? We need to cut spending and there is NOTHING holy about defence. It is because of they money we spend on defence that folks around the world hate us and think we solve problems ONLY using force and NOT reasoning.

    We need get that down to 250B$ (same as Clinton days) and spent the rest on education, infrastructure and re-training folks so that they can fix their lives...

    September 15, 2012 10:59 pm at 10:59 pm |
  22. enuff

    Who helped contribute to pushing jobs to China? NOT A VENTURE CAPITALIST!

    September 15, 2012 11:03 pm at 11:03 pm |
  23. Mark

    Why doesn't Mitt call on his own party to step forward to find 'bipartisan solutions'. Because he knows the answer will be the same thing it's been over the last two years. NO.

    September 15, 2012 11:04 pm at 11:04 pm |
  24. Mike

    What Mitt and the Repubs won't acknowledge (because that would require them to admit their hypocrisy) is that bipartisanship requires a willing partner with whom to negotiate. How do you find a partner in a Senate minority leader who said his goal is to make Barack Obama a one-term president? How do you find a partner in a House majority leader who is only interested in having Democrats adopt his ideas but isn't interested in compromise himself? Repubs seemed to have confused the meaning of compromise with the meaning of capitulate. They complain about the lack of the former while expecting only the latter.

    September 15, 2012 11:05 pm at 11:05 pm |
  25. BeverlyNC

    Is it possible for Romney to give a single speech which contained one sentence of substance, of one solution, of one positive thing he would do for the PEOPLE? Romney has run his whole campaign on nothing but lying about President Obama. How will Romney ever be ab;e to make a speech when he can't blame everything on President Obama? Republicans know Romney can't win but still they run hate ads that are completely made-up lies. What happened to issues? What happened to Republicans where they now will betray the nation just to have it fail for a sick power grab? Not one single Jobs bill. Not one single economic recovery bill. But they had time to try to pass 86 anti-abortion bills, repeal Obamacare 37 times, and Paul Ryan passed 2 bills in 6 years – one to rename a post office and the other was for stimulus money for district in WI which he refuses to acknowledge. Romney doesn't know the Cold War is over. He still talks about the Soviet Union and thinks they are our worst enemy Huh? He managed to alienate our closest ally when attending the Olympics in London. He attacks America as terrorists are attacking America and murdering our Ambassador. Does that make Romney an ally of the terrorists? Ryan's plan is to kill Medicare, Medicaid and Social Security. It is in a document called the "Ryan budget" passed by the Republican Congress but Ryan stands before the People and lies like it is not his plan to gain funds for corporate deregulation and no corporate tax rates. No thanks.
    I will stand with my President Obama who stands up for and works hard for ALL Americans.

    September 15, 2012 11:08 pm at 11:08 pm |
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