Excerpts: Romney economic speech
October 26th, 2012
11:16 AM ET
1 year ago

Excerpts: Romney economic speech

(CNN) - Republican nominee Mitt Romney will deliver a speech focused on the economy Friday in Ames, Iowa. Below are excerpts of his speech released by his campaign.

"This is an election of consequence. Our campaign is about big things, because we happen to believe that America faces big challenges. We recognize this is a year with a big choice, and the American people want to see big changes. And together we can bring real change to this country."

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"Four years ago, candidate Obama spoke to the scale of the times. Today, he shrinks from it, trying instead to distract our attention from the biggest issues to the smallest–from characters on Sesame Street and silly word games to misdirected personal attacks he knows are false."

"But this election matters more than that. It matters to your family.

It matters to the senior who needs to get an appointment with a medical specialist but is told by one receptionist after another that the doctor isn't taking any new Medicare patients, because Medicare has been slashed to pay for Obamacare.

It matters to the man from Waukesha, Wisconsin I spoke with several days ago, in what were supposed to be his best work years. He said that he used to have a job at $25 an hour with benefits and now has one at $8 an hour, without benefits.

It matters to the college student, graduating this spring, with 10 to 20 thousand dollars in student debt, who now learns that she also will be paying for 50 thousand dollars in government debt, a burden that will put the American Dream beyond her reach.
It matters for the child in a failing school, unable to go to the school of his parent's choosing, because the teacher's union that funds the President's campaign opposes school choice.

The President's campaign has a slogan: it is "forward." But to the 23 million Americans struggling to find a good job, these last four years feel a lot more like "backward." We cannot afford four more years like the last four years."

"We have had four presidential and vice-presidential debates. And there is nothing in what the President proposed or defended that has any prospect of meeting the challenges of the times. Raising taxes will not grow jobs or ignite the economy–in fact, his tax plan has been calculated to destroy 700,000 jobs. A new stimulus, three years after the recession officially ended, may spare government, but it will not stimulate the private sector any better than did the stimulus of four years ago. And cutting one trillion dollars from the military will kill jobs and devastate our national defense.

This is not the time to double down on the trickle-down government policies that have failed us; it is time for new, bold changes that measure up to the moment, that can bring America's families the certainty that the future will be better than the past."

"If Paul Ryan and I are elected as your president and vice president, we will endeavor with all our hearts and energy to restore America. Instead of more spending, more borrowing from China and higher taxes from Washington, we'll renew our faith in the power of free people pursuing their dreams. We'll start with our plan for a stronger middle class…"

"Paul and I won't stop there. When we take office, we will take responsibility to solve the big problems that everyone agrees can't wait any longer.

We will save and secure Medicare and Social Security, both for current and near retirees, and for the generation to come. We will restore the $716 billion President Obama has taken from Medicare to pay for his vaunted Obamacare.

We will reform healthcare to tame the growth in its cost, to provide for those with pre-existing conditions, and to assure that every American has access to healthcare. We will replace government choice with consumer choice, bringing the dynamics of the marketplace to a sector of our lives that has long been dominated by government."

"I know something about leading because I've led before. In business, at the Olympics, and in Massachusetts, I've brought people together to achieve real change.

I was elected as a Republican governor in a state with a legislature that was 85% Democrat. We were looking at a multi-billion dollar budget gap. But instead of fighting with one another, we came together to solve our problems. We actually cut spending–reduced it. We lowered taxes 19 times. We defended school choice. And we worked to make our state business friendly.

Our state moved up 20 places in job growth. Our schools were ranked number one in the nation. And we turned a $3billion budget deficit into a $2 billion rainy day fund.

I know it because I have seen it: Good Democrats can come together with good Republicans to solve big problems. What we need is leadership."

"We face big challenges. But we also have big opportunities … If we seize the moment and rise to the occasion, the century ahead will be an American Century."

"What this requires is change, change from the course of the last four years. It requires that we put aside the small and the petty, and demand the scale of change we deserve: we need real change, big change.

Our campaign is about that kind of change–confronting the problems that politicians have avoided for over a decade, revitalizing our competitive economy, modernizing our education, restoring our founding principles.

This is the kind of change that promises a better future, one shaped by men and women pursuing their dreams in their own unique ways.

This election is a choice between the status quo–going forward with the same policies of the last four years–or instead, choosing real change, change that offers promise, promise that the future will be better than the past."


Filed under: 2012 • Mitt Romney
soundoff (43 Responses)
  1. Steve

    Does Adelson, Romney's biggest donr, think he can pay for the the US to attack Iran?

    ADelson, whose fortune was casino operations... How does that fit in with Morman doctrines?

    Sheldon Gary Adelson (born August 4, 1933) is an American business magnate. He is the chairman and chief executive officer of the Las Vegas Sands Corporation, the parent company of Venetian Macao Limited which operates The Venetian Resort Hotel Casino and the Sands Expo and Convention Center. He also owns the Israeli daily newspaper Israel HaYom. He is listed in the Forbes 400 as the 12th wealthiest American.[1] His personal wealth is estimated to be $20.5 billion as of September 2012.[1]

    October 26, 2012 12:15 pm at 12:15 pm |
  2. maf

    @ Four – 2% growth, albeit slow, is still GROWTH!! Not going fast enough for you? Wait until Mitt slams his foot down on the brakes!! Positives are negatives with this version of the GOP.

    Get out and vote Democrats!! Unseat incumbent Republicans!!

    October 26, 2012 12:16 pm at 12:16 pm |
  3. nnctlc

    Mormons are good at counting their own money. Vegas casinos are run by mormon operators. If Romney runs, he will certainly laying off people as he did in his own companies and making his own fortune.

    October 26, 2012 12:16 pm at 12:16 pm |
  4. Leftcoastrocky

    The Romney campaign, two critical weeks before the election, has Ryan campaigning in SC and AL - two red states and certainly not swing states - where I guess Ryan is unlikely to commit damaging gaffes, especially on rapist issue.

    October 26, 2012 12:17 pm at 12:17 pm |
  5. Steve

    Does Adelson, Romney's biggest donor, think he can pay for the the US to attack Iran?

    Adelson, whose fortune was casino operations... How does that fit in with Morman doctrines?

    Sheldon Gary Adelson (born August 4, 1933) is an American business magnate. He is the chairman and chief executive officer of the Las Vegas Sands Corporation, the parent company of Venetian Macao Limited which operates The Venetian Resort Hotel Casino and the Sands Expo and Convention Center. He also owns the Israeli daily newspaper Israel HaYom.

    He is listed in the Forbes 400 as the 12th wealthiest American. His personal wealth is estimated to be $20.5 billion as of September 2012

    October 26, 2012 12:17 pm at 12:17 pm |
  6. Leftcoastrocky

    Consumers boost growth, GDP growth up 2 percent; AND Consumer sentiment at highest in five years in October. Obama/Biden 2012

    October 26, 2012 12:18 pm at 12:18 pm |
  7. GI Joe

    Romney didn't want romneycare - he was forced to sign it by a veto-proof legislature at the time in Mass. FACT.

    He added 1000 new fees to Mass. residents. (same as tax, but different words).

    Companies and people left Mass. in hoards to escape his ways. Not a good sign.

    He cut veterans benefits in Mass.

    October 26, 2012 12:19 pm at 12:19 pm |
  8. matt

    Romney is all wrong n he shud be ashame .

    October 26, 2012 12:20 pm at 12:20 pm |
  9. Low key

    If he is offering such a big change why does he surrond himself with Bush people..

    October 26, 2012 12:24 pm at 12:24 pm |
  10. NC Mom

    He has no specifics and no real plan. Romney is an expert at creating jobs in China though.... and banking his personal profits off shore.
    His Social Security plan will be a disaster for the next generation. Privatizing would be a windfall for the rich as un-ending money flows into the Stock Market, and when the market is overvalued the rich will know when get out, but the average person will have his retirement account decimated.

    October 26, 2012 12:25 pm at 12:25 pm |
  11. Joe

    Romney is stumping a positive message while Obama is going negative...people like positive messages and I think this will have a significant impact on the voters' psyche heading into Nove 6th.

    October 26, 2012 12:27 pm at 12:27 pm |
  12. Richard Chichi

    The main reason negotiations worked in Massachusetts was because it was the Democrats who were the majority. Do you know who the majority are in Congress? And it is on record that from the initial days of Obama in office they determine to make his a one term president.

    October 26, 2012 12:29 pm at 12:29 pm |
  13. matt

    Its cray how women don't seem to care who controls her body her life.either this is true or the republicans are lying in the polls just to stir up panic amoung women.

    October 26, 2012 12:29 pm at 12:29 pm |
  14. Anthony

    Guest, if you think that 1 trillion a year in debt is bad, try adding another 700 billion a year to that number. This is what Romney's 5 trillion in tax cuts and 2 trillion in increased military spending will do. Romney's plan will add another 7 trillion of debt over the next 10 years, or 700 billion a year.

    October 26, 2012 12:38 pm at 12:38 pm |
  15. Four and The Door

    maf
    @ Four – 2% growth, albeit slow, is still GROWTH!! Not going fast enough for you?
    __________________________________________________________________________________
    No. This does not put people back to work. This increases poverty in America. This increases American national debt. We don't have to settle for this. We can do better by making better choices. Romney/ Ryan 2012.

    October 26, 2012 12:40 pm at 12:40 pm |
  16. Dan

    If Romney represents change, why did he surround himself with people who worked for President Bush?

    October 26, 2012 12:42 pm at 12:42 pm |
  17. Al-NY,NY

    SugarKube

    SOURCES WHO WERE ON THE GROUND in Benghazi during the attack on the US consulate tell Fox News that CIA operatives twice asked for permission to help Ambassador Chris Stevens and his staff, and twice were told to 'stand down' — while a later request for military backup was denied
    -----------------–

    and who are these sources? And have they told anyone else? Faux Snews is just SO VERY credible...

    October 26, 2012 12:42 pm at 12:42 pm |
  18. Dan

    Romney's plan to double student loan rates would result in the average graduate with loans paying an extra $75K-$150K over the lifetime of the loans.

    October 26, 2012 12:46 pm at 12:46 pm |
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