Friday, November 02, 2012

Elect Me, Or The Economy Gets It Between The Eyes

Romney makes his strongest election argument:
In what his campaign billed as his “closing argument,” Mitt Romney warned Americans that a second term for President Obama would have apocalyptic consequences for the economy in part because his own party would force a debt ceiling disaster.

...Romney said that Obama “promised to be a post-partisan president, but he became the most partisan” and that his bitter relations with the House GOP could threaten the economy. As his chief example, he pointed to a crisis created entirely by his own party’s choice — Republican lawmakers’ ongoing threat to reject a debt ceiling increase. Economists warn that a failure to pass such a measure would have immediate and catastrophic consequences for the recovery.

“You know that if the President is re-elected, he will still be unable to work with the people in Congress,” Romney said. “He has ignored them, attacked them, blamed them. The debt ceiling will come up again, and shutdown and default will be threatened, chilling the economy.”

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