Romney: Obama Made Recession Worse

Thursday, 31 Mar 2011 12:27 PM

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Former Massachusetts Gov. Mitt Romney, a Republican presidential hopeful, said President Barack Obama’s policies have made the recession worse and caused it to last longer in an article published in USA Today.

romney, obama, recession“From the outset, he inaugurated the most anti-investment, anti-business, anti-jobs policies we have seen since Jimmy Carter,” Romney said in an opinion published Thursday. “Further, the White House has still not crafted any discernible plan to put Americans back to work.”

Romney advocated for a change in tax policy to reward investment, savings and entrepreneurship; free, open and fair access to foreign markets; reduced regulation; a fiscally responsible budget and entitlement reform.

“Another stimulus is not the answer: like putting a cup of gasoline on a fire, it produces heat only for a very short time,” he said. “A stimulus doesn't lead entrepreneurs and businesses to make the long-term investments in people and capital that will help the unemployed get the good jobs they deserve.

“Our high unemployment is a tragedy for millions, and it is a tragedy for America. If our society fails to offer a significant segment of its population the opportunity to participate in economic life, the broader social and moral fabric will fray.”

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