Tags: Barack Obama | Mitt Romney | Economic- Crisis | 2012 President Race | | Romney | 2012

2012 Presidential Debate: Mitt Romney’s Larger Victory

Friday, 05 Oct 2012 02:23 PM

By Ronald Kessler

Ronald Kessler reporting from Washington, D.C. — Mitt Romney decimated President Obama in the first presidential debate, paving the way for a victory in November. But Romney also won a larger victory by explaining in an understandable way the Republican economic philosophy.

Having grown up in a fairly liberal household in Belmont, Mass., I know how foreign that philosophy can sound. The idea that lowering tax rates will actually produce more tax revenue sounds like a fairy tale. Likewise, the idea that growing government to try to cure all ills is counterproductive sounds equally bizarre.

In contrast, the Democrats’ message is easy to understand and on the surface, more appealing: We will hand out more goodies to everyone.

Rarely do Republicans get a chance to lay out their philosophy to such a vast audience, an estimated 58 million on Wednesday night. And rarely are Republicans as gifted as Romney was at clearly and succinctly articulating why the Republican philosophy makes more sense than raising taxes so the government can spend more money.

Explaining why lowering tax rates actually brings in more tax revenue, Romney said, “Look, the revenue I get is by more people working, getting higher pay, paying more taxes. That’s how we get growth and how we balance the budget. But the idea of taxing people more, putting more people out of work — you’ll never get there. You’ll never balance the budget by raising taxes.”

At another point, Romney said he wants to lower tax rates, deductions, exemptions, and credits because “54 percent of America’s workers work in businesses that are taxed not at the corporate tax rate, but at the individual tax rate. And if we lower that rate, they will be able to hire more people. For me, this is about jobs. This is about getting jobs for the American people.”

Romney’s message on reducing government spending was equally clear and compelling.

“What things would I cut from spending?” he said. “Well, first of all, I will eliminate all programs by this test if they don’t pass it: Is the program so critical it’s worth borrowing money from China to pay for it? And if not, I’ll get rid of it. Obamacare’s on my list.”

The fact that Obama hung his head and avoided Romney’s gaze much of the time symbolizes his failure during the debate and the failure of his policies. As outlined in my story, "Why Mitt Romney Will Win Decisively," I believe Romney will score big on Nov. 6. The communication skills he displayed in the debate will come in handy when he is president.

Ronald Kessler is chief Washington correspondent of Newsmax.com. He is the New York Times bestselling author of books on the Secret Service, FBI, and CIA. Read more reports from Ronald Kessler — Click Here Now.

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