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Ugly campaign, but Romney/Ryan could reduce the deficit & partisan gridlock

October 23, 2012

We have now listened to all the debates, and I’m voting for Mitt Romney.

There’s one very compelling reason.  The federal debt is the overriding issue of our times.  It’s the biggest threat to our national security, to our economic future and to our national character.

A majority of the career politicians — in both parties — have figured out that they can buy our votes by spending money on us that they — and we — don’t have.

They use our good credit to borrow the money, undermine the value of the dollar, and mortgage the future of our children and grandchildren.  They figure they’ll be retired and enjoying a plush pension by the time the nation’s economy eventually collapses.

Barack Obama has a dazzling smile and is a great speech-giver — but has been an ineffective president.  Not surprising since he has never done anything to prepare for the job other than learning Chicago-style politics and becoming a master at promoting himself.

He seems sincere about wanting to “help” people, but he clearly doesn’t know how — except by giving government bail-outs, loans and other favors to his financial supporters and crony capitalists.  Like so many of our career politicians, the man has never balanced a budget or signed the front of a paycheck.  He believes government is the answer to every problem for a very good reason:  he doesn’t know anything else.  So, the federal deficit has grown more in just four years under his misguided leadership than it did under all of the presidents before him.

This campaign has been disgusting and depressing.   Both candidates and their handlers have shamelessly and repeatedly misrepresented their opponent’s positions in the hope that repeating the falsehoods often enough would make them stick.  It’s been ugly and may get even uglier before it is finally over.   Perhaps citizens will be disgusted enough after this election to demand real election reform, along the lines suggested in Chapter 13.

Mitt Romney’s campaign has been just as bad as the President’s.  He has shifted positions and withheld details about what he would do about the serious issues, including the federal deficit.

Yet a Romney/Ryan team would surely do a better job with economic issues than four more years of economic stagnation and political gridlock under Obama/Biden.

And with the nation clearly divided, Romney’s history of successfully working with a Democratic legislature in his home state gives hope that he might help unite a country that has sadly gridlocked for the past four years (and even during the first two years of Obama’s term, when Democrats held both houses of Congress).

As close as this election is likely to be, perhaps a victorious Romney might even seize the opportunity to face the issues that divide us with a bipartisan approach — instead of engaging in “politics as usual”  by imposing a partisan Republican agenda just as partisan as Obama’s Democrat agenda has been.

We know that Obama and Biden can’t work well with the other side and aren’t able to deal effectively with deficit spending.   The records of Romney and Ryan at least suggest that perhaps they could.

I hope America’s voters will give them the chance.

2 Comments
  1. Mike Ruddell permalink

    I agree, and early in the primary season, I questioned Romney’s methods and policies, but now think of the republicans, he was the best choice. My hope is he adopts at least some of Ron Paul’s fiscal ideas.

    Like

  2. Steve Segal permalink

    I also agree. The next administration is facing a financial challenge of historic proportions. Private debt – $42 trillion, Federal Government debt – $14 trillion, unfunded entitlement obligations – $46 trillion. This $112 trillion in debt will clear through the markets soon – probably in the next several years and the ride will be bumpy. I would much rather have Mitt Romney and Paul Ryan at the helm than Barack Obama and Joe Biden as we ride through that storm.

    Data Source on Debt: The Chart Store, St. Louis Fed, Treasury Direct, US Treasury – The Great Crash Ahead, Strategies For A World Turned Upside Down, by Harry S. Dent, Jr. & Rodney Johnson – Chart 1-2: US Debt Creation 1980-2009, page 26

    Like

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