Romney: Opportunity to Fix U.S. Economy Squandered

Sunday, 03 Mar 2013 07:43 AM

 

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President Barack Obama and Congress are squandering an “almost once-in-generational opportunity for America to solve its fiscal problems,” former Republican presidential candidate Mitt Romney said.

That opportunity, Romney said in a “Fox News Sunday” interview, was the combination of the expiration of Republican President George W. Bush’s income- tax cuts at the end of 2012 and the automatic spending cuts that went into effect March 1.

“I see this as this huge opportunity, and it’s being squandered by politics, by people who are more interested in a political victory than they are in doing what’s right for the country,” Romney said in the Fox interview. “And it’s very frustrating.”

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“The hardest thing about losing is watching this, this critical moment, this golden moment, just slip away with politics,” Romney, who lost the 2012 election to President Obama, a Democrat, said.

Romney didn’t say in the excerpt what he would have done instead.

Obama “has the opportunity to lead the nation and to bring Republicans and Democrats together,” Romney said. “It’s a job he’s got to do and it’s a job only the president can do.”

Romney is scheduled to give his first post-election policy address later this month at the American Conservative Union’s Conservative Political Action Conference in National Harbor, Md.

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