Campaign Buzz August 1, 2012: Mitt Romney Campaign Launches Jewish Americans For Romney Coalition

CAMPAIGN 2012

CAMPAIGN BUZZ 2012

THE HEADLINES….

Jewish Americans For Romney Coalition

Source: Mitt Romney, 8-1-12

“I am proud to have the support of so many distinguished Jewish Americans,” said Mitt Romney. “The Jewish community has made contributions to American society that stand in amazing disproportion to its numbers, and I am genuinely honored to have so many of its leading thinkers, diplomats, and political leaders support my campaign.  Having just visited Israel at a critical juncture in the history of the Middle East, I am persuaded that now, more than ever, America needs to stand with Israel. I will extend the hand of friendship because our partnership is not merely a strategic alliance but a force for good in the world.”

Majority Leader Eric Cantor said, “I urge all American Jews – Democrat, Republican, and independent alike – to give a serious look at Mitt Romney’s candidacy. Throughout his life, Governor Romney has been an unwavering supporter of the state of Israel. As he stated during his most recent trip to Jerusalem, ‘by history and by conviction, our two countries are bound together. No individual, no nation, no world organization, will pry us apart. And as long as we stay together and stand together, there is no threat we cannot overcome.’ Governor Romney understands that peace in the Middle East will only be achieved when Israel is secure within its borders and not the target of violence fueled by senseless hatred. He will leave no stone unturned in the effort to keep Israel secure.”

“Like every other group in America, American Jews want an economy that is growing and creating jobs for all who seek them. Given his background and experience, Governor Romney will succeed in turning around the U.S. economy where Barack Obama has failed,” said Senator Norm Coleman. “Governor Romney understands the special concerns of the American Jewish community about the security of the state of Israel. Gov. Romney has just returned from visiting Israel; it was his fourth visit. He understands that Israel is targeted by the failed states of the Middle East as a convenient scapegoat. He understands that there is a worldwide campaign to demonize the Jewish state.  It is for this very reason that he has pledged that his first foreign trip as president will be to Jerusalem. He intends to send a signal to the world — and especially to Israel’s adversaries — that the United States is not a fair-weather friend of Israel, but a partner in an abiding relationship based upon a common commitment to our most fundamental values.”

Honorary Chairmen

Congressman Eric Cantor (R-VA)
Former Governor Linda Lingle (R-HI)
Former Senator Norm Coleman (R-MN)
Former Senator Rudy Boschwitz (R-MN)
Adam Hasner, Florida

National Advisory Board

Evan Feigenbaum
Tevi Troy
Dan Senor
Dov Zakheim
Roger Zakheim
Eliot Cohen
Ambassador Eric Edelman
Ambassador Mitchell Reiss
Aaron Friedberg
Leon Aron
Phil Rosen
Sander Gerber
Lew Eisenberg
Eric Tanenblatt
Nick Muzin
Jeremy Katz
Barry Mannis
Ben Ginsberg
Victor Chaltiel
Fred Zeidman
Bruce Bialosky
Richard Heideman
Hon. Phyllis Greenberg Heideman
Ambassador Ned Siegel
Ambassador Mel Sembler
Stanley Tate
Ted Cutler
Ambassador Sam Fox
Bobby Schostak
Alan Kaufman
Ed Levy
Jay and Ann Davis
Marty Kogon
David Flaum
Cheryl Halpern
Reuven Hahn
Steve Friedman
Michael Menis
Ambassador Cliff Sobel

Advertisements

Full Text Campaign Buzz August 1, 2012: President Barack Obama’s Speech at a Campaign Event in Akron, Ohio on Mitt Romney & Middle Class Taxes

CAMPAIGN 2012

CAMPAIGN BUZZ 2012

THE HEADLINES….

Obama: Romney Wants to Raise Middle Class Taxes to Help ‘People Like Him’

Source: ABC News Radio, 8-1-12

JIM WATSON/AFP/GettyImages

President Obama today pounced on a new report that found Mitt Romney’s economic plan would raise taxes on the majority of Americans and give tax breaks to the super wealthy, telling supporters in the battleground state of Ohio that his opponent wants them to pay more so that “people like him” can get a tax cut…..READ MORE

Remarks by the President at Campaign Event

Source: WH, 8-1-12 

John S. Knight Center
Akron, Ohio

3:31 P.M. EDT

THE PRESIDENT:  Hello, Akron!  (Applause.)  Oh, it is good to be in Akron, Ohio again!  (Applause.)

A couple people I want to acknowledge — first of all, please give Jenna a big round of applause for that great introduction.  (Applause.)  I was telling Jenna before we came out I just love nurses, and for her to be looking after people every single day, that’s what it’s all about.  So I am so impressed with her.

A couple other people I want to acknowledge — Russ Pry, Summit County Executive, is here.  (Applause.)  Now, your Mayor, Don Plusquellic — (applause.)  I very much appreciate the fact that he had a little bit of surgery on his leg, just got out of the hospital, got wheeled in here — (laughter) — he’s not going to be able to stay, but I’m grateful for him taking the time to come.

And I want to say thank you to all the neighborhood leaders who are here.  (Applause.)  Thank you.  You guys are what this campaign is all about.

AUDIENCE MEMBER:  We love you!

THE PRESIDENT:  I love you back.  Thank you.  (Applause.)  Thank you.

I also want to make sure we give it up for all our outstanding U.S. of A. athletes who are competing in London right now.  (Applause.)  There are a whole bunch of Ohioans representing our country over there.  When wrestling gets underway next week, we’ll be rooting for Army Specialist Justin Lester, right here from Akron.  (Applause.)  He may be wearing a different uniform, but he is still fighting for the United States of America.  (Applause.)

On the way over here, I had a chance to speak to Michael Phelps, who’s won more medals than anybody.  (Applause.)  And then I spoke to the women’s gymnastic team.  (Applause.)  Now, let me just say, I know how to run — although I don’t run as fast as these guys.  I know how to swim — although I don’t swim as fast.  These gymnasts, I don’t understand what they’re doing. (Laughter.)  I cannot even walk on a balance beam.  They’re doing back flips and — little, itty-bitty young ladies.  Unbelievable. So we could not be prouder of them.  (Applause.)

Now, let me just say, unless you have been hiding your TV set — (laughter) — or your cable is broke, you may be aware that there is a fairly intense political campaign going on right now.  (Applause.)

AUDIENCE:  Four more years!  Four more years!  Four more years!  Four more years!

THE PRESIDENT:  Now, the reason this campaign is so intense is because the choice that we’re going to be facing in November could not be bigger.  This is not just a choice between two candidates.  It’s not just a choice between two parties.  It is a choice about two fundamentally different visions for where we go in the future, two fundamentally different paths for our country. The direction that we choose -– the direction you choose when you walk into that voting booth –- it will not just have an impact on your lives; it will have an impact on your children’s lives and your grandchildren’s lives.  (Applause.)  It will impact America for decades to come.

AUDIENCE MEMBER:  That’s why we vote for you!  (Applause.)

THE PRESIDENT:  Now, four years ago, we all came together -– Democrats, but we also had independents, we had some Republicans -– to restore the basic bargain that built this country, that made us into an economic powerhouse.  It was a bargain, it was a deal that says if you work hard here in America, you should be rewarded for that work.  (Applause.)  It’s a deal that says if you put in enough effort, if you act responsibly, then you should be able to find a job that pays the bills.  (Applause.)  You should be able to afford a home that you call your own.  You should be able to count on health care when you get sick.  You should be able to put away enough to retire with dignity and respect.  And most of all, you should be able to give your children the kind of education that allows them to dream even bigger and do more than you could ever imagine.  (Applause.)

It’s a simple promise.  It’s a promise that I’ve lived out in my life and Michelle has lived out in hers.  It is —

AUDIENCE MEMBER:  We love Michelle!

THE PRESIDENT:  I know you all love Michelle.  (Applause.)

It is the promise that’s at the heart of this country — this idea that here in America, you can make it if you try.  And it had been slipping away for almost a decade.  We had seen sluggish job growth and jobs getting shipped overseas; your incomes were flat or going down; costs of everything from health care to college were going up.  And it culminated in the worst financial crisis since the Great Depression.

Now, we knew that restoring that American Dream would not be easy.  We knew it was going to take more than one year or one term or maybe even one President.  And that was before the middle class got hammered by this recession, and we saw millions of our friends and neighbors get hurt, lose homes, lose jobs.

But over the last three and a half years, we’ve worked to make progress — 4.5 million new jobs created; half a million new manufacturing jobs.  They’d counted the auto industry out, and now it is coming back stronger than ever, right here in Ohio and all across the country.  (Applause.)

We passed health care so you could have security if you get sick.  (Applause.)  We passed reforms to make sure that Wall Street could not act in the same reckless manner that almost brought the economy to its knees.  (Applause.)  We ended the war in Iraq.  (Applause.)  And we’re taking care of our veterans — because if you fought for this country, you should not have to fight for a job or a roof over your head when you come home.  (Applause.)

Now, we still have a long way to go.  But there’s one thing that this crisis has not changed.  It hasn’t changed who we are. It hasn’t changed our character.  It hasn’t changed what makes us great.  It hasn’t changed what brought us together in 2008.  We just feel a greater sense of urgency about it.

Our first order of business has been to recover the jobs and wealth that was lost in this crisis.  But we’re not going to stop there.  We’re going to reclaim the financial security that’s been slipping away for more than a decade.  Our job isn’t just to put people back to work.  We want an economy where that work pays off, so that no matter who you are or what you look like or where you come from, here in America, you can make it if you try.  (Applause.)

That’s what this campaign is about — fighting for the middle class and growing our middle class.  And that’s why I’m running for a second term as President of the United States.  (Applause.)

AUDIENCE:  Four more years!  Four more years!  Four more years!

THE PRESIDENT:  Now, there are no quick fixes or easy solutions to the challenges we face.  But there is no doubt in my mind we’ve got the capacity to meet them.  We’ve got the best workers in the world.  (Applause.)  We’ve got the best entrepreneurs in the world.  We’ve got the best scientists and researchers, the best colleges, and the best universities.  (Applause.)  We are still a young nation; we’ve got the greatest diversity of talent and ingenuity — people want to come here from every corner of the globe.  So no matter how tough things get, this is not a country that quits.  There isn’t a country on Earth that wouldn’t gladly change places with us.

What’s standing in our way right now is not the lack of good ideas.  What’s standing in our way is our politics.  We’ve got a stalemate in Washington.  We’ve got Republicans in Congress who have clung to the view — the uncompromising view — that the only way to move ahead is to go back to the same, tired solutions that got us into this mess in the first place.

AUDIENCE:  Booo —

THE PRESIDENT:  They’ve got a basic theory — I call it top-down economics.  And the basic idea is, is that if you give more tax breaks to the very wealthy, and you get rid of regulations on banks and polluters and health insurance companies, then somehow everybody is going to prosper.

Ohio, you know better.  We tried that.  It did not work.  America is not built from the top down.  America is built from the middle out.  America is built from the bottom up.  (Applause.)  America is built by farmers and factory workers, and small businesses and companies that send American products overseas, not jobs overseas.  (Applause.)

That’s the country we’re fighting for.  That’s the economy that we need to build together.  And we are not going to get there doing the same kind of stuff that these folks are talking about now.  (Applause.)  We’re not going to get there if we spend more money on tax cuts for folks like me who don’t need them and were not even asking for them.  (Applause.)

And yet, the centerpiece of my opponent’s entire economic plan is not only to extend the Bush tax cuts, but then to add a new $5 trillion tax cut on top of it.

AUDIENCE:  Booo —

THE PRESIDENT:  The bulk of this would go to the wealthiest Americans.  A lot of it would go to the top 1 percent.  Pay attention here — folks making more than $3 million a year — the top one-tenth of 1 percent — they would get a tax cut under Mr. Romney’s plan that is worth almost a quarter of a million dollars — $250,000 they would save under his plan.

AUDIENCE:  Booo —

THE PRESIDENT:  Hold on, it gets worse.  My opponent says he’s going to pay for this $ 5 trillion plan, but under this plan guess who gets the bill for these $250,000 tax cuts?

AUDIENCE:  No!

THE PRESIDENT:  You do.  And you don’t have to take my word for it.  Just today, an independent, non-partisan organization, they crunched all the numbers.  They looked at his plan.  This wasn’t me, it wasn’t my team.  This was an independent group.  One of the guys who did the analysis used to work for Bush.  (Laughter.)  So they found that if Governor Romney wants to keep his word and pay for his plan, this $5 trillion tax cut, the only way to do it is to cut tax breaks that you, middle-class families, depend on —

AUDIENCE:  Booo —

THE PRESIDENT:  The home mortgage deduction you use to pay for your home.  The health care deduction that your employers use to provide you health care.  Some of the tax credits we’ve put in place to send your kids to college.  What this means is the average middle-class family with children would be hit with a tax increase of more than $2,000.

AUDIENCE:  No!

THE PRESIDENT:  Now, I think a lot of people are willing to sacrifice to bring down the deficit, to defend our country.  But he’s not asking you to contribute more to pay down the deficit.  He’s not asking you to do it to invest — I’m sure they’re okay. Sometimes folks faint because they’ve been standing too long.  So we just need a paramedic right here in the front.  They’ll be okay, just give them room.  That’s all.  This happens to me all the time.  (Laughter.)  It means I’ve been talking too long.

AUDIENCE:  No!

THE PRESIDENT:  They’ll be okay, just give them space.

Now, let me make sure people understand this.  They’re asking you to pay an extra $2,000 not to pay down the deficit, not to invest in our kids’ education — Mr. Romney is asking you to pay more so that people like him get a tax cut.

AUDIENCE:  Booo —

THE PRESIDENT:  In order to afford — we can break it down further.  In order to afford just a tax cut for somebody like Mr. Romney, 125 families like yours would have to pay another $2,000 in taxes each year — and every year.  Not just one year, every year.

Now, does that sound like a plan you can afford?

AUDIENCE:  No!

THE PRESIDENT:  How many people like that plan?

AUDIENCE:  None!

THE PRESIDENT:  Does that sound like the kind of future that our country can afford?

AUDIENCE:  No!

THE PRESIDENT:  Ohio, we do not need more tax cuts for the wealthiest Americans.  We need tax cuts for working Americans.  (Applause.)  We need tax cuts for families who are trying to raise their kids, and trying to keep them healthy, and trying to send them to college, and trying to put a roof over their heads. (Applause.)  We don’t need tax breaks for companies that are shipping jobs overseas — we need tax breaks for companies that are investing here in Akron, Ohio.  (Applause.)

That’s the choice in this election.  And that’s why I’m running for President of the United States.  (Applause.)

So I’ve got a different plan.  I’ve got a different plan.  Four years ago, I promised middle-class tax cuts — I kept that promise.  (Applause.)  The typical family is paying about $3,600 less in taxes than they were when I came into office.  (Applause.)

So what I’ve said is let’s keep taxes exactly where they are on the first $250,000 of everybody’s income.  So if your family makes under $250,000 — like 98 percent of American do — you won’t see your income taxes increase by one single dime.  (Applause.)

Now, if you’ve been lucky or you’ve been successful, so that you’re in the other 2 percent of Americans, like I am, all we’re asking is that we pay a little bit more so that we can pay down our deficit and so we can invest in things like education that will help us grow.  (Applause.)

And, listen, Akron, I don’t believe government can solve every problem.  Not every government program works.  Government can’t help somebody who doesn’t want to help themselves.  So we’re cutting things that don’t work.  I’ve already cut a trillion dollars’ worth of spending.  But we’ve got to balance that.  And I’m not going to pay for massive new tax cuts for millionaires and billionaires by gutting the investments that we need to keep the middle class strong.  (Applause.)

I want to make sure we’re investing in hiring new teachers, especially in math and science.  (Applause.)  I want to make sure that we’re putting folks back to work rebuilding our roads and our bridges, our airports.  (Applause.)  I want to make sure that we’re investing in our community colleges so they can train people for the jobs that businesses are hiring for right now.  (Applause.)  I want to make sure we’re investing in basic science and research to keep our technological edge.  (Applause.)

And if we’re going to bring down our deficit and do those things, and make sure that Medicare is there for our seniors, and make sure Social Security is there for our seniors — (applause) — then we’ve got to make choices.  And all I’m asking is the folks like me and Mr. Romney go back to the rates that we paid under Bill Clinton.  (Applause.)  And if you remember, that was when the economy created nearly 23 million new jobs, the biggest budget surplus in history, and — here’s the kicker — it was good for folks at the top, too.

Because here’s what happens.  When middle-class folks and folks who are working to get into the middle class, when they’re getting a decent wage, when their tax bill isn’t too high, they’ve got a little more money in their pockets, and then they go to the store and they buy a new appliance, or they finally get rid of that old beater and buy a new car, and maybe a student buys a new computer.  And so, suddenly, businesses have customers.  And that’s how we make the economy grow.  (Applause.)

So, Ohio, look, this is a choice.  If you believe that Mr. Romney’s plan will make you better off —

AUDIENCE:  No!

THE PRESIDENT:  — if you believe it’s okay to just set our sights lower — we can’t afford to help young people go to college, we can’t afford to rebuild our roads, we can’t afford basic research — if you believe that, then go ahead and send these folks to Washington for the next few years.

AUDIENCE:  No!

THE PRESIDENT:  But let me ask you, wouldn’t we be better off if we kept fighting for the things that have always made us strong?

AUDIENCE:  Yes!

THE PRESIDENT:  If we fight to make sure our young people get the education they need?  (Applause.)  Are we going to be better off if we developing new energy sources here in America?

AUDIENCE:  Yes!

THE PRESIDENT:  Wouldn’t we be better off if we’re investing in manufacturing so we’re selling goods stamped around the world, “Made in Akron, Ohio,” — (applause) — “Made in the United States of America”?  (Applause.)  Will we be better off five years from now, or 10 years from now, or 20 years from now if we’ve got the courage to keep working, to keep striving, to keep fighting for what’s true and right and best about America?

AUDIENCE:  Yes!

THE PRESIDENT:  That’s what I believe.  That’s why I’m running for President.  (Applause.)

I want you to know, Akron, my hair may be grayer — (laughter) — but my determination is stronger than ever.  (Applause.)  My faith in the American people, my faith in you is stronger than ever.  (Applause.)  And if you still believe in me like I believe in you — if you’re willing to stand with me, and organize with me, and march with me, and vote with me, knock on some doors with me, and make some phone calls with me, and recruiting your friends and neighbors with me — (applause) — I promise you we will win the state of Ohio — (applause) — we will win this election.  We will finish what we started and we will remind the world why the United States of America is the greatest nation on Earth.  (Applause.)

God bless you.  And God bless the United States of America.  (Applause.)

END
3:56 P.M. EDT

Full Text Campaign Buzz August 1, 2012: President Barack Obama’s Speech at a Campaign Event in Mansfield, Ohio on Mitt Romney & Middle Class Taxes

CAMPAIGN 2012

CAMPAIGN BUZZ 2012

THE HEADLINES….

Obama: Romney Wants to Raise Middle Class Taxes to Help ‘People Like Him’

Source: ABC News Radio, 8-1-12

JIM WATSON/AFP/GettyImages

President Obama today pounced on a new report that found Mitt Romney’s economic plan would raise taxes on the majority of Americans and give tax breaks to the super wealthy, telling supporters in the battleground state of Ohio that his opponent wants them to pay more so that “people like him” can get a tax cut.

“If Governor Romney wants to keep his word and pay for this plan, then he’d have to cut tax breaks that middle-class families depend on to pay for your home — the home mortgage deduction — to pay for your health care — the health care deduction — to send your kids to college,” the president told a crowd of roughly 2,000 in Mansfield, Ohio.

“And here’s the thing: He’s not asking you to contribute more to pay down the deficit. He’s not asking you to pay more to invest in our children’s education or rebuild our roads or put more folks back to work. He’s asking you to pay more so that people like him can get a big tax cut,” he said….READ MORE

 

Remarks by the President at a Campaign Event

Source: WH, 8-1-12 

Mansfield Central Park
Mansfield, Ohio

11:44 A.M. EDT

THE PRESIDENT:  Hello, Ohio!  (Applause.)  Well, it is good to be in Mansfield.  I hope everybody is having a great summer.  (Applause.)

A couple of people I want to acknowledge — first of all, please give a huge round of applause to Brenda for that great introduction.  (Applause.)  And go try some of her pizza if you have not tried it.  (Laughter.)  You got a testimony right here  — he says it’s outstanding.  I want to thank her so much for doing this.

A couple other people — your outstanding former governor, Ted Strickland, is here.  Give Ted a big round of applause.  (Applause.)  And although he couldn’t be here because he’s got votes, I just want to tell you that you could not have a stronger advocate than your hometown boy, the United States Senator from Ohio, Sherrod Brown.  (Applause.)

AUDIENCE MEMBERS:  We love you!

THE PRESIDENT:  I love you back.  (Applause.)

And I want to thank all the neighborhood team leaders who are here who are working so hard in this campaign.  (Applause.)

Now, finally, I just think it makes sense for us to give it up for all of our outstanding American athletes who are competing in London right now.  (Applause.)  I want to congratulate Michael Phelps — (applause) — most medals we’ve ever seen.  And then I had a chance on the way over here to call up the women’s gymnastic team — (applause) — for bringing home the gold.

I have to tell you, when I’m watching — when people run track, I understand, I know how to run.  They’re just much faster.  (Laughter.)  And I know how to swim — they just swim much better than I do.  These gymnastics folks — I don’t understand how they do what they do.  (Laughter.)  So I told these young ladies as I was congratulating them, how do you not bust your head — (laughter) — every time you’re on that little balance beam?  I couldn’t walk across that balance beam.  (Laughter.)

So, anyway, we could not be prouder of them.  (Applause.)  And there are a whole bunch of Ohioans who are representing our country in the Olympics and the Paralympics.  Abby Johnston from Upper Arlington already won a silver medal in diving.  (Applause.)  We’ll be rooting for Army Specialist Justin Lester from Akron — he’s going to be wrestling for America next week.  (Applause.)

The wonderful thing about the Olympics is it reminds us that, for all our differences, when it comes down to our country, we’re Americans first.  (Applause.)  And we could not be prouder of them and everything they’re doing on our behalf.

Now, unless you’ve been hiding from your television, you may be aware there’s a pretty intense campaign going on right now.  (Applause.)  And the reason that this is an intense campaign is because the choice that we face in November could not be bigger. I mean, this is a stark choice.

It’s a choice not just between two candidates or two parties, but more than any election in recent memory, this is a choice between two fundamentally different visions for America — two fundamentally different paths that we should — that we could be going down.

AUDIENCE MEMBER:  — President Obama!

THE PRESIDENT:  I appreciate that.  (Laughter.)

Now, the direction that we choose — the direction you choose when you walk into this voting booth in November — is going to have a direct impact on your lives, but also on your children’s lives and your grandchildren’s lives.  (Applause.)

And four years ago, we came together — as Democrats, but also independents and some Republicans — to restore the basic bargain that built the greatest middle class and the most prosperous country the world has ever known.  (Applause.)  And it’s a bargain that I’ve lived in my life and so many of you have experienced.  It’s the basic idea that says here in this country, if you work hard, that work should be rewarded.  (Applause.)  If you act responsibly, you should be able to get ahead.

It’s a deal that says if we put in enough effort, we should be able to find a job that pays the bills.  We should be able to afford a home that we call our own.  We should have health care that we can count on if we get sick.  (Applause.)  We should be able to retire with dignity and respect.  (Applause.)  And most of all, we should be able to give our children the kind of education that allows them to dream even bigger and do even better than we ever imagined.  (Applause.)  That’s what we believe.  (Applause.)

It’s a simple promise.  It’s at the core of the American Dream.  And we knew that restoring it wouldn’t be easy — we knew it would take more than one year, or one term, or even one President.  And that was before the middle class was hammered by the worst economic crisis of our lifetimes — a crisis that robbed too many of our friends and our neighbors of their homes, their jobs, their savings — and pushed the American Dream even further out of reach for too many people.

But you know what, there’s one thing that that crisis did not changed.  It did not change who we are.  It did not change the American character.  It did not change what made us great.  It hasn’t changed why we came together to do what we did in 2008 — it’s just made our mission more urgent.  (Applause.)

Our first order of business is to recover all the jobs and wealth that was lost in the crisis.  And we’ve made strides these last three and a half years to get that done.  But beyond that, we’re here to reclaim the financial security that’s been slipping away for more than a decade.

The decade before I came into office, your incomes and wages generally weren’t going up, jobs were moving overseas, the auto industry had been getting hammered.  So our job is not just to put people back to work.  It’s also to build an economy where, over the long haul, that work pays off — so that no matter who you are, or what you look like, or where you come from, here in America, you can make it if you try.  (Applause.)

That’s what this campaign is about, Ohio.  And that’s why I’m running for a second term as President of the United States of America.  (Applause.)

AUDIENCE:  Four more years!  Four more years!  Four more years!

THE PRESIDENT:  Now, Mansfield, there are no quick fixes or easy solutions to the challenges we face.  But there’s no doubt in my mind we’ve got the capacity to meet them.  Think about everything that we have going for us here in America.  We’ve got the best workers.  (Applause.)  We’ve got the best entrepreneurs. (Applause.)  We’ve got the best scientists.  We’ve got the best researchers.  We’ve got the best colleges, best universities.  (Applause.)  We’ve got a Buckeye guy right here.  (Applause.)  We’re a young nation, with great diversity of talent and ingenuity.  People come here — want to come here from every corner of the globe.  So no matter what the naysayers tell us, no matter how dark the other side tries to make things look, there is not another country on Earth that wouldn’t gladly trade places with the United States of America.  (Applause.)

So what’s standing in our way is not that we don’t have the ingredients to make the 21st century the American Century just like the 20th.  The problem we’ve got right now is our politics  — the sort of uncompromising view, the notion that we should be going back to what we were doing that got us into this mess in the first place, instead of going forward to achieve a brighter American future.  It’s the old — it’s that old top-down economics that we’ve been hearing about for years — the old, discredited idea that if we somehow get rid of more regulations on big corporations and give more tax breaks to the wealthiest Americans, that somehow that’s going to lead to more jobs and prosperity for everybody.

Ohio, you know better.  I know better.  We know this country wasn’t built from the top down.  It was built by the middle class.  (Applause.)  It was built by farmers and factory workers, and startups and small businesses, and companies that sent American products overseas, not sending American jobs overseas.  That’s what built Ohio, and that’s what built America.  (Applause.)

And that’s what we’re fighting for.  That’s what we’re fighting for right now.  That’s the economy we need to build together.  And I promise you, we will not get there if we adopt these ideas that somehow spending more money on tax cuts for millionaires and billionaires who don’t need them and aren’t even asking for them is actually going to improve the economy.  We tried that — it did not work.

Now, despite the evidence, the entire centerpiece of my opponent’s economic plan is a new, $5 trillion tax cut on top of the Bush tax cuts.

AUDIENCE:  Booo —

THE PRESIDENT:  Now, the bulk of this tax cut would go to the very top.  A lot of it would go to the wealthiest 1 percent of all households.  Folks making more than $3 million a year — the top one-tenth of one percent — would get a tax cut worth almost a quarter of a million dollars.  Now, think about that.  Folks making $3 million a year or more would get a quarter-of-a-million-dollar tax cut.

But, listen, it gets worse.  (Laughter.)  Under my opponent’s plan, who do you think gets the bill for these $250,000 tax cuts?  You do.  And you do not have to take my word for it.  Just today, an independent, nonpartisan organization ran all the numbers on Governor Romney’s plan.  This wasn’t my staff, this wasn’t something we did — an independent group ran the numbers.  They found that if Governor Romney wants to keep his word and pay for this plan, then he’d have to cut tax breaks that middle-class families depend on to pay for your home — the home mortgage deduction — to pay for your health care — the health care deduction — to send your kids to college.  That means the average middle-class family with children, according to this study, would be hit with a tax increase of more than $2,000.

AUDIENCE:  Booo —

THE PRESIDENT:  And here’s the thing.  He’s not asking you to contribute more to pay down the deficit.  He’s not asking you to pay more to invest in our children’s education or rebuild our roads or put more folks back to work.  He’s asking you to pay more so that people like him can get a big tax cut.  In order to afford just one $250,000 tax cut for somebody like Mr. Romney, 125 families like yours would have to pay another $2,000 in taxes each and every year.

Does that sound like a good plan for economic growth?

AUDIENCE:  No!

THE PRESIDENT:  Does that sound like a plan you can afford?

AUDIENCE:  No!

THE PRESIDENT:  How many of you want to pay another $2,000 to give Mr. Romney or me another tax break?

AUDIENCE:  No!

THE PRESIDENT:  Ohio, we do not need more tax cuts for folks who are already doing really well.  We need tax cuts for working Americans.  We need tax cuts for families who are trying to raise their children, and keep them healthy, and send them to college, and put a roof over their heads.  (Applause.)  We don’t need more tax cuts for companies that are shipping jobs overseas — we need tax cuts for companies that are creating jobs right here in the United States of America.  (Applause.)

That’s the choice in this election.  That’s why I’m running for a second term as President of the United States.  (Applause.)
Mansfield, I’ve got a different plan for America than Mr. Romney’s.  Four years ago, I promised to cut middle-class taxes, and that’s exactly what I’ve done — by a total of about $3,600 for the typical family.  (Applause.)  Now I want to keep income taxes exactly where they are on the first $250,000 of everybody’s income.  So if your family makes under $250,000 a year — which is 98 percent of American families — you won’t see your income taxes increase by a single dime next year.  (Applause.)

Now, if you’re fortunate enough to be in the other 2 percent of Americans, all we’re asking you to do is contribute a little bit more — this includes me, by the way — so that we can pay down our deficit and invest in things like education that are going to help us grow over the long term.  (Applause.)

And in terms of cutting our deficit, I’ll make sure government does its part.  We’re going to cut away spending that we don’t need.  We’ve already cut a trillion dollars.  We can do more.  But I’m not going to pay for massive new tax cuts for millionaires and billionaires by gutting the investments that have always kept the middle class strong.  (Applause.)  All we’re asking people like me and Mr. Romney to do is go back to the rates we paid under Bill Clinton.  (Applause.)  And I don’t know if you remember — that’s when our economy created nearly 23 million new jobs, the biggest budget surplus in history.  (Applause.)

And here’s the kicker — it actually created a lot of millionaires, because when the middle class is doing well, then our businesses do well.  When folks have money to spend, they buy a new car, and the car companies do well, and they hire more workers.  (Applause.)  When you’ve got some extra money in your pockets, then you go get some pizza from Brenda.  (Applause.)  And then Brenda decides, maybe she can afford to hire another worker.  That’s how we grow our economy.

If we’re investing in roads and bridges, putting some hard-hats back to work, getting our steelworkers back to work — (applause) — they’ve got more money to spend.  Maybe they buy that new computer.  Maybe they decide to take a little vacation. And all that money circulates in the economy and it makes us all grow.

So here’s the bottom line, Ohio.  If you believe that their plan — Mr. Romney’s plan and his congressional allies — if you genuinely believe that that plan will make you better off, if you believe it’s okay for them to tell us just to set our sights lower, or to settle for something less, then by all means, send these folks back to Washington for the next few years.

AUDIENCE:  No!

THE PRESIDENT:  But wouldn’t you be better off, wouldn’t we all be better off if we kept fighting for the things that have always made us strong?

AUDIENCE:  Yes!

THE PRESIDENT:  If we fought to make higher education more affordable so more young people can go to college?  (Applause.)  Wouldn’t we be better off if we invested to develop new sources of American energy?  Wouldn’t we be better off if we kept investing in manufacturing so that we can sell goods around the world stamped with the words:  “Made in Mansfield, Ohio” — (applause) — “Made in the United States of America.”  (Applause.)

In five years, or 10 years, or 20 years, won’t we be better off if we’ve got the courage to keep moving forward?  (Applause.) To keep working our way back.  That’s what I believe.  That’s why I’m running for President.  (Applause.)

You know, my hair may be grayer than it was four years ago.  (Laughter.)  But my determination to do right by you is stronger than ever.  (Applause.)  My faith in you is stronger than ever.  (Applause.)  And if you still believe in me like I believe in you, I hope you’ll stand with me in November.  (Applause.)  I’m asking you to stand with me in November.  I’m asking you to join this cause.  Let’s finish what we started in 2008.  (Applause.)  Let’s put the middle class back in the forefront.  (Applause.) Let’s remind the world just why it is that the United States of America is the greatest nation on Earth.  (Applause.)

God bless you.  God bless the United States of America.  (Applause.)

END
12:05 P.M. EDT

%d bloggers like this: