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President’s Vision is for Moving America Forward; Mitt Romney’s Vision Would Take the Entire Country Backward

President Obama speaks about the clear choice Americans face in this election between going forward and going back.

Forward: President Obama has a vision for an economy that’s built to last, where everyone gets a fair shot, does their fair share, and plays by the same rules.

  • Middle-Class Security: We can give more tax breaks to the wealthiest, let Wall Street write its own rules again, widen loopholes for corporations, and stick seniors and the middle class with the bill – or we can reclaim the security the middle class has lost by restoring the basic values that made our country great.
  • Fair Shot, Fair Share: We can settle for a country where fewer people do really well while more and more Americans barely get by – or we can build a nation where everyone gets a fair shot, does their fair share and plays by the same rules.
  • An Economy Built to Last: We can go back to an economy based on outsourcing, bad debt and risky financial deals – or we can keep moving forward to rebuild an economy where hard work pays off and responsibility is rewarded.

Back: Romney’s backward economic scheme is familiar and troubling: more budget-busting tax cuts for the wealthy and fewer rules for Wall Street – the same formula that benefitted a few, but crashed our economy and punished the middle class.

  • Governor: His record is full of broken promises. Romney promised to create jobs, reduce debt and shrink the government, but failed on all counts. His state plummeted to 47th out of 50 in job creation, debt went up 16 percent, and government jobs grew six times faster than private-sector jobs.
  • Businessman: Romney says we need a businessman as President. As a corporate-buyout specialist, he bought up companies, saddled them with debt, and drove several into bankruptcy, killing jobs while walking away with a profit. His goal was maximizing profits for investors, not creating jobs or helping companies grow.
  • As President: Today he promises more of the same bad ideas that caused the crisis. Romney would cut taxes for millionaires by nearly 25 percent, raise taxes on 18 million hardworking Americans, and explode the deficit by $5 trillion over the next decade, passing that debt on to our children.