In NH, Romney Blames Obama For Credit Downgrade

By Steve Peoples, Associated Press

August 8, 2011 12:49 PM

Republican presidential candidate, former Massachusetts Gov. Mitt Romney of talks to reporters prior to meeting with the Greater Concord Chamber of Commerce, Monday, Aug. 8, 2011, in Concord, N.H. (AP Photo/Jim Cole)

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CONCORD, N.H. (AP) — Mitt Romney’s presidential campaign is shifting into a new gear.

The Republican has spent much of the year laying low — so much that more than three weeks have passed since he last held a campaign event in New Hampshire.

His pace is starting to accelerate. The GOP front-runner made three stops in the first-in-the-nation primary state Monday and will return five more times before the end of the month.

WBZ-TV’s Lauren Leamanczyk reports

Aides said to expect more visits in Iowa and Florida, too.

Romney also is getting more aggressive with his message. That showed Monday, when he launched into a blistering critique of President Barack Obama on the nation’s debt. He accused Obama of blaming other people for the woes.

Romney himself has been criticized as absent from the debt-ceiling debate.

MJ

The bottom line is that the government is spending more money than it has, and that is dangerous. We need to stop this now! I really hope Obama does not win a second term….

K

Doesn’t really matter if Obama get’s re-elected, if another Dem gets in or if the Republicans reclaim the White House

As long as Washington DC is full of career politicians who’s only interest is themselves rather than upholding the principle “For the People, by the People”,
it doesn’t matter who has the key to 1600 Penn Ave.

Lori

I don’t think anyone could have said it better K, I also do not think it matter is a republican or democrat wins. If they don’t change then we are all in deep trouble.

Joe

You seem to have forgotten we are in a recession with over 9 percent unemployment which means you must have a job since i doubt youd be in favor of cutting spending iff you were on unemployment. The facts, history has shown that we need to spend our way out and if you feel that i am wrong and every leading economist is wrong then check out history for yourself in particular the 1930′s. The reason why the government has to spend is the fact the rich, who by the way have the lowest tax rates of any civilized nation on this planet, will not and DO NOT create jobs. The recession and putting people to work needs to be the number one priority not the debt.

K

@Joe
Sure, but if you tax the rich as “punishment for not wanting to or not creating jobs” won’t they just move their assets overseas ?

Hence closing up shop here

Which in turn will work wonders on the unemployment rate

Catch 22

I am all for the concept that it cost money to make money, but right now we are spending an aweful lot of money and not creating a thing. Taxing the rich is not going to change that, quite the contrary

Joe

We cannot be held hostage buy coporations and the rich. The idea that by raising their taxes will make them leave may be beleiveable at first but with a closer look are fiction. If we raise taxes on the rich themselves where will they go? I said this before the United States as a nation has the lowest tax rates for the wealthiest of any civilized nation on earth. So if they did leave itd be to europe which has much higher taxes and a population of “socialists” who would not put up with half of what we do here and you can check the bbc.co.uk comment board if you dont beleive me. As for jobs being moved if we increase taxes well to be honest theyre going to leave anyways the cold hard facts are that humans in manufacturing are becomming obsolete. Many companies are installing more and more robots to cut costs and raise share prices with better technolgoy it just means more and more efficent robots. It stinks but its reality and if we dont lose the jobs to china india or mexico we’re gonna lose them to robots.

response

what do you consider rich?

Judy Smith

Mitt Romney seems to be trying to use this debacle to chalk up points for himself that is obvious. Our country was in recession with huge deficits before President Obama took office. Hopefully the majority of our citizen’s know this to be true.

K

@Judy
Wouldn’t you ?

If you were a career politician, wouldn’t you engage in the Washington DC National sport of mud throwing and belitteling ?

I don’t believe that anyone will deny knowing that Bush managed to create a massive deficit from a moderate surplus. Nor should people be blinded in the fact that it no longer Bush and think that the new guy is any better.

We let Obama and his crew loose at going rate and trust me, the deficit Bush created will look like a past due Sears card amount after Obama is done

Washington DC, both sides needs to get their act together. It is our responsibility as citizens to overthrow an abusive government. They are getting dangerously close to the definition of abusive down there in the Capitol. Some would even say they have long passed that line in the sand.

Joe

You have to realize Obama put the two wars on the books which during the bush era went unfunded and off the books. We have spend more in Afghanistan than we have spent on Nasa in its entire existance. You really want to cut costs lets end the two wars. I do agree though that congress is a mess they cannot even raise the debt ceiling which both sides knew it had to be done but dragged their feet on and MADE it an issue.
K

@Joe
I would love to end the two wars. (3 if you count Libya and I do)
I would further love if we closed up bases overseas, stopped playing the Sheriff to the world and took care of ourselves for a change.

But, you know as well as I that there is waaaaay too much money in war and materials for same for that to ever happen.

Chris

If the GOP would marginalize the Tea Baggers and work with the Dems, the economy would be on better footing. This, alas, would also let the people know what a good president we have and scuttle the GOP’s ultimate plan to kill the economy to win back the White House. The American people will see what a bunch of obstructionist low-lifes the GOP have become and correct the problem they created in 2010.
D

Good job trying to make the GOP look like they had no part in this Mitt. Last time I checked the GOP has control of the house and they had congress during most of Bush’s regime. The scary thing about all of this is that the mindless herd of American cattle just listen to stuff like this and take it for fact. They let it seep into their feeble minds and instead of doing any research into the truth they take it own to be a part of their belief system. Until humans learn to think for themselves this country will continue to fail.
Joe

The fact the united states went down to a AA+ from a AAA is no fault of Obama. Congress failed to act quick enough to compromise and find a solution to raising the debt ceiling, which by the way has never happened in united states history, and by doing so showed the world and the worlds banks that america has taken a giant leap backwards. Having said that last time i checked we were in the middle of a recession with over 9 percent unemployment. That is the numbber one issue and should be what every politician is working for not cutting costs. Where are the jobs the rich promised us for cutting their taxes time and time again? And as for Mitt its great he can always have some attack to speak about but where was he with any constructive feedback or ideas during the debt ceiling debate? Its one thing to have the ability to attack an opponent when hes down but to offer nothing constructive in return is useless.

R

Apparently Mitt didn’t read the S&P report that clearly stated it was the fault of the Republicans … Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act…

When he was Gov of MA he raised fees on everything making it hard for small business owners or professionals who require annual certifications to do business without increasing costs to consumers, he instituted insurance reform (let’s call it what it really is) so now everyone has insurance but can no longer afford to go to the doctors because of dramatically increased co-pays and deductibles, he put in place state contracts that Gov Welch had done away with forcing state agencies to pay 3 – 5 times as much for products than if they were allowed to support the local economy where they work (which was the very reason Welch abolished the state contracts). So as the blind go on believing the lies Mitt continues to spew, try to figure out why he won’t answer when pressed on what he would do differently.

donny

THIS is what’s wrong with our country. We don’t work together to solve problems, taking the best ideas from all sides, NO our leaders SELFISHLY BLAME THE OTHER, posturing with the changing political winds to gain votes for POWER.

America stands for more than unbridled GREED and DESIRE for POWER.. but we have leaders who look in the mirror and see themselves as better than us, greater than the common man and thus, entitled to MORE, MORE and MORE.

I’m tired of hearing from those among us who were born on third base and think they hit a home run… ME, ME, ME!

US! What about
U.S.!
WHERE are the true leaders?…
jkmcn

Hey Mitt, maybe if your rich friends were creating REAL corporations and HIRING people instead of creating SHAM corporations to give millions to campaigns…skirting the rules and gaming the system to grab all the power and money for yourselves as usual …we wouldn’t be in this position?
Reasonguy

Unfortunately, I have been on both sides of the political spectrum and sadly to say there are no better options at the moment. Our government and politicitians work for the highest bidders which is usually not you. I agree that any career poltician will do nothing for this country regardless of party affiliation. I never thought I’d see it in my lifetime but we are a loosing our status as a superpower nation which is slowly being sold off to China. Let’s face it you republicans wanted the wars in Afghanistan and IRAQ and you democrats couldn’t stand up against dissentiment from the voters and caved into funding these wars in which we spent billions to hunt two men down. It’s a wonder that anyone can trust you all again with reducing the deficit or cut spending and cut taxes! I blame both parties for not thinking long-term. Thanks for downgrading the nation.
Reasonguy

Mitt Romney should never be allowed into public office again. Here’s a guy who abandoned the governorship of Massachusetts to pursue the highest office. Who’s proven time and again who you work for. Mitt Romney must never be elected to any office. You think Obama is bad if this guy gets in at this stage it’s all over, REALLY OVER for the middle class.