President Barack Obama during Tuesday's debate had plenty of negative things to say about former Gov. Mitt Romney, but very little to say in regards to the nation’s jobs gap, our national debt, or falling competitiveness.
Here's the president’s economic plan in his own words:
Romney Doesn't Care About Detroit
Number one, I want to build manufacturing jobs in this country again. Now when Governor Romney said we should let Detroit go bankrupt. I said we’re going to bet on American workers and the American auto industry and it’s come surging back.
I want to do that in industries, not just in Detroit, but all across the country and that means we change our tax code so we’re giving incentives to companies that are investing here in the United States and creating jobs here.
It also means we’re helping them and small businesses to export all around the world to new markets.
Teachers, Teachers, Teachers, Teachers
Number two, we’ve got to make sure that we have the best education system in the world. And the fact that you’re going to college is great, but I want everybody to get a great education and we’ve worked hard to make sure that student loans are available for folks like you, but I also want to make sure that community colleges are offering slots for workers to get retrained for the jobs that are out there right now and the jobs of the future.
More clean energy!
Number three, we’ve got to control our own energy. Now, not only oil and natural gas, which we’ve been investing in; but also, we’ve got to make sure we’re building the energy source of the future, not just thinking about next year, but ten years from now, 20 years from now. That’s why we’ve invested in solar and wind and biofuels, energy efficient cars.
We’ve got to reduce our deficit, but we’ve got to do it in a balanced way. Asking the wealthy to pay a little bit more along with cuts so that we can invest in education like yours.
And let’s take the money that we’ve been spending on war over the last decade to rebuild America, roads, bridges schools. We do those things, not only is your future going to be bright but America’s future is going to bright as well.
Simply put, we need to tax the wealthy, hire more teachers, invest in more “green” energy, and hire more teachers.
“That’s it, really. I mean, good heavens, if those are the answers, ‘How should America deal with its structural economic problems and create jobs?’ can’t possibly be the questions,” writes AEI’s James Pethokoukis.
Sadly, those are the questions.
As Pethokoukis reminds us, the president’s plan to fix the economy is eerily similar to Treasury Secretary Tim Geithner telling Rep. Paul Ryan: “We’re not coming before you to say we have a definitive solution to that long-term problem. What we do know is we don’t like yours.”
Well, did the president say anything about how he would address the jobs gap?
Additional Image Credit: AEI (red text)
No. Did the president have anything to say about the economic growth gap?
Not so much. Did the president address the budget gap?
Based on the things not mentioned in his agenda, it doesn't seems like the president has a solution for our economy. He just knows he doesn’t like Romney's.
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