With all the talk about Candy Crowley interjecting her opinions into the second presidential debate, then backtracking and admitting Romney was right and other talk focusing on Obama's improved performance compared to his lackluster first debate performance, Romney's successful hammering of Obama's domestic policy failures consistently throughout the debate has received little mention.
Examples:
Well what you’re seeing in this country is 23 million people struggling to find a job. And a lot of them, as you say, Candy, have been out of work for a long, long, long time. The president’s policies have been exercised over the last four years and they haven’t put Americans back to work.
We have fewer people working today than we had when the president took office. If the — the unemployment rate was 7.8 percent when he took office, it’s 7.8 percent now. But if you calculated that unemployment rate, taking back the people who dropped out of the workforce, it would be 10.7 percent.
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Well, let’s look at the president’s policies, all right, as opposed to the rhetoric, because we’ve had four years of policies being played out. And the president’s right in terms of the additional oil production, but none of it came on federal land. As a matter of fact, oil production is down 14 percent this year on federal land, and gas production was down 9 percent. Why? Because the president cut in half the number of licenses and permits for drilling on federal lands, and in federal waters.
So where’d the increase come from? Well a lot of it came from the Bakken Range in North Dakota. What was his participation there? The administration brought a criminal action against the people drilling up there for oil, this massive new resource we have. And what was the cost? 20 or 25 birds were killed and brought out a migratory bird act to go after them on a criminal basis.
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We’re going to bring that pipeline in from Canada. How in the world the president said no to that pipeline? I will never know.
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But that’s not what you’ve done in the last four years. That’s the problem. In the last four years, you cut permits and licenses on federal land and federal waters in half.
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That was a statement. I don’t think the American people believe that. I will fight for oil, coal and natural gas. And the proof, the proof of whether a strategy is working or not is what the price is that you’re paying at the pump. If you’re paying less than you paid a year or two ago, why, then, the strategy is working. But you’re paying more. When the president took office, the price of gasoline here in Nassau County was about $1.86 a gallon. Now, it’s $4.00 a gallon. The price of electricity is up.
If the president’s energy policies are working, you’re going to see the cost of energy come down. I will fight to create more energy in this country, to get America energy secure. And part of that is bringing in a pipeline of oil from Canada, taking advantage of the oil and coal we have here, drilling offshore in Alaska, drilling offshore in Virginia where the people want it. Those things will get us the energy we need.
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And the reason I want middle-income taxpayers to have lower taxes is because middle-income taxpayers have been buried over the past four years. You’ve seen, as middle-income people in this country, incomes go down $4,300 a family, even as gasoline prices have gone up $2,000. Health insurance premiums, up $2,500. Food prices up. Utility prices up.
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For me, I look at what’s happened in the last four years and say this has been a disappointment. We can do better than this. We don’t have to settle for, how many months, 43 months with unemployment above 8 percent, 23 million Americans struggling to find a good job right now.
There are 3.5 million more women living in poverty today than when the president took office.
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And then we have his own record, which is we have four consecutive years where he said when he was running for office, he would cut the deficit in half. Instead he’s doubled it. We’ve gone from $10 trillion of national debt, to $16 trillion of national debt. If the president were reelected, we’d go to almost $20 trillion of national debt. This puts us on a road to Greece.
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I think you know better. I think you know that these last four years haven’t been so good as the president just described and that you don’t feel like your confident that the next four years are going to be much better either.
I can tell you that if you were to elect President Obama, you know what you’re going to get. You’re going to get a repeat of the last four years. We just can’t afford four more years like the last four years.
He said that by now we’d have unemployment at 5.4 percent. The difference between where it is and 5.4 percent is 9 million Americans without work.
I wasn’t the one that said 5.4 percent. This was the president’s plan. Didn’t get there.
He said he would have by now put forward a plan to reform Medicare and Social Security, because he pointed out they’re on the road to bankruptcy. He would reform them. He’d get that done. He hasn’t even made a proposal on either one.
He said in his first year he’d put out an immigration plan that would deal with our immigration challenges. Didn’t even file it.
This is a president who has not been able to do what he said he’d do. He said that he’d cut in half the deficit. He hasn’t done that either. In fact, he doubled it. He said that by now middle-income families would have a reduction in their health insurance premiums by $2,500 a year. It’s gone up by $2,500 a year. And if Obamacare is passed, or implemented — it’s already been passed — if it’s implemented fully, it’ll be another $2,500 on top.
The middle class is getting crushed under the policies of a president who has not understood what it takes to get the economy working again. He keeps saying, “Look, I’ve created 5 million jobs.” That’s after losing 5 million jobs. The entire record is such that the unemployment has not been reduced in this country. The unemployment, the number of people who are still looking for work, is still 23 million Americans.
There are more people in poverty, one out of six people in poverty.
How about food stamps? When he took office, 32 million people were on food stamps. Today, 47 million people are on food stamps. How about the growth of the economy? It’s growing more slowly this year than last year, and more slowly last year than the year before.
The president wants to do well. I understand. But the policies he’s put in place from Obamacare to Dodd-Frank to his tax policies to his regulatory policies, these policies combined have not let this economy take off and grow like it could have.
You might say, “Well, you got an example of one that worked better?” Yeah, in the Reagan recession where unemployment hit 10.8 percent, between that period — the end of that recession and the equivalent of time to today, Ronald Reagan’s recovery created twice as many jobs as this president’s recovery. Five million jobs doesn’t even keep up with our population growth. And the only reason the unemployment rate seems a little lower today is because of all the people that have dropped out of the workforce.
The president has tried, but his policies haven’t worked. He’s great as a — as a — as a speaker and describing his plans and his vision. That’s wonderful, except we have a record to look at. And that record shows he just hasn’t been able to cut the deficit, to put in place reforms for Medicare and Social Security to preserve them, to get us the rising incomes we need. Median income is down $4,300 a family and 23 million Americans out of work.
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I understand that I can get this country on track again. We don’t have to settle for what we’re going through. We don’t have to settle for gasoline at four bucks. We don’t have to settle for unemployment at a chronically high level. We don’t have to settle for 47 million people on food stamps. We don’t have to settle for 50 percent of kids coming out of college not able to get work. We don’t have to settle for 23 million people struggling to find a good job.
Every single point conservatives wanted Romney to hammer home about Obama's domestic policy failures, he did.
All Romney quotes and statements listed above taken from the debate transcript.
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