Tags: obama | romney | election | wsj

WSJ: Obama’s New Agenda Doesn’t Amount to Much

Wednesday, 24 Oct 2012 11:20 AM

By Newsmax Wires

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Wall Street Journal editors are singularly unimpressed with President Barack Obama’s new campaign platform, titled "A Plan for Jobs and Middle-Class Security" and released Tuesday.

“Barack Obama won the Presidency in 2008 as the anti-George W. Bush, and in 2012 he's been trying to win again as the anti-Mitt Romney, without elaborating much of a second-term agenda,” the editorial states.

“Two weeks before Election Day, we now know why. His new ambitions look a lot like his old ambitions, except stuck on repeat . . .  This document is heavy on backward-looking and discredited factoids and light on economic specifics . . . The guy is tapped out.”

The only new element in the plan is Obama’s cheerleading for increased oil and natural gas production, the editorial says. “But what's new is Mr. Obama's support, not the production, which he has had nothing to do with. He's now climbed aboard the caboose of this train because he can see that it's been a winning issue for Mr. Romney.”

Obama promises community-college education to put people to work and promises to finance the hiring of 100,000 math and science teachers.

“All of this is merely a kind of Junior Achievement version of the stimulus, trying to create jobs with more government spending that isn't affordable, or temporary tax favors that fail because they are, well, temporary,” The Journal editors write. Obama’s true goal is to maintain the excess government spending of his first term, they say.


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