News / USA

Obama, Romney Spar Over Jobs, Economy

President Barack Obama at town meeting, July 16, 2012, in OhioPresident Barack Obama at town meeting, July 16, 2012, in Ohio
x
President Barack Obama at town meeting, July 16, 2012, in Ohio
President Barack Obama at town meeting, July 16, 2012, in Ohio
WHITE HOUSE — In his latest visit to Ohio, one of several key states in this year's U.S. presidential election, President Barack Obama on Monday accused presumed Republican presidential nominee, former Massachusetts Governor Mitt Romney of proposing policies that would send more U.S. jobs overseas.

President Obama has a three to four point advantage over Mitt Romney in public opinion surveys conducted in Ohio, a Midwestern state where many jobs are linked to the U.S auto industry that Obama has taken credit for rescuing.

Obama held a town hall meeting with voters in Cincinnati, which is located in a more heavily-Republican part of the state.  He discussed an analysis by a Reed College economist Kimberly Clausing, an expert on international tax issues and a contributor to Democratic candidates, including President Obama.  The analysis estimates that Romney's proposal to exempt U.S. companies from taxes on overseas profits, would create some 800,000 jobs in other countries.

Obama said this should not come as a surprise because Romney's business experience as a venture capitalist included outsourcing American jobs.

"We don't need a president who plans to ship more jobs overseas or who wants to give more tax breaks to companies that are shipping jobs overseas.  I want to give tax breaks to companies that are investing right here in Ohio, that are investing in Cincinnati, that are investing in Hamilton County. I want to give incentives to companies that are investing in you -- the American people -- to create American jobs, making American goods that we are selling around world, stamped with three proud words, 'Made in America,'" Obama said.

President Obama's campaign has focused sharply on Romney's business record at Bain Capital, when he relinquished control of the company, and his refusal to release tax returns beyond the last two years.  

Obama political ads also portray Romney as someone who moved his own money to foreign tax havens.  The Romney campaign says the former governor never avoided paying U.S. taxes.

Republican presidential candidate Mitt Romney Jul 11, 2012Republican presidential candidate Mitt Romney Jul 11, 2012
x
Republican presidential candidate Mitt Romney Jul 11, 2012
Republican presidential candidate Mitt Romney Jul 11, 2012
As the president toured in Ohio, a Romney spokeswoman accused Obama of making "another dishonest attack" designed to distract the attention of Americans from the administration's failed economic policies.

Romney has demanded an apology from Obama over his campaign advertising.  Both campaigns have stepped up negative attacks in recent weeks, with the latest Romney ads accusing the president of "political cronyism."

In an interview with Fox News on Monday, Romney accused Obama of giving government contracts to political contributors, and said the president is conducting a campaign "based on falsehood and dishonesty."

Republican Senator Rob Portman of Ohio, a potential Romney vice presidential choice, accused Obama of making personal attacks on Romney, while avoiding discussion of his own economic record.

You May Like

Photogallery Americans Celebrate Thanksgiving With Feasts, Festivities

Holiday traditions include turkey dinners, 'turkey trots,' American-style football and New York parade with giant balloons More

Video For Obama, Ferguson Violence is a Personal Issue

With two years left in term, analysts say, president has less to lose by taking conversation on race further More

Video Italian Espresso Expands Into Space

When Italian astronaut Samantha Cristoforetti headed for the ISS, her countrymen worried how she would survive six months drinking only instant coffee More

This forum has been closed.
Comment Sorting
Comments
     
by: Independent Voter from: U.S. of America
July 16, 2012 7:46 PM
President Obama stands for the Average American while Mr. Romney stands for the top 1%. President oBma fights to retain jobs in the US while Mr. Romney would ship them to elsewhere to give him an extra edge on profit. President Obama's drive is the need to help the people, while Mr. Romney's drive is the need to make that extra dime for the people that do not need nor want.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
South Africa Sees Male Circumcision as Way to Reduce HIV Infectionsi
X
November 28, 2014 3:31 PM
South Africa remains plagued by AIDS despite massive government and NGO efforts on prevention and life-sustaining Anti-Retro-Viral programs. But the country has opened up another front to reduce new HIV infections: promoting circumcision. Emilie Iob reports for VOA News from a pioneering circumcision center in Orange Farm, Johannesburg.
Video

Video South Africa Sees Male Circumcision as Way to Reduce HIV Infections

South Africa remains plagued by AIDS despite massive government and NGO efforts on prevention and life-sustaining Anti-Retro-Viral programs. But the country has opened up another front to reduce new HIV infections: promoting circumcision. Emilie Iob reports for VOA News from a pioneering circumcision center in Orange Farm, Johannesburg.
Video

Video To Make A Living, Nairobi Street Vendors Face Legal Hurdles, Physical Violence

The Nairobi City Council has been accused of brutality in dealing with hawkers in the Central Business District - in order to stop them from illegally selling their wares on the streets. Lenny Ruvaga has more for VOA News from the Kenyan capital.
Video

Video For Obama, Ferguson Violence is a Personal Issue

Throughout the crisis in Ferguson, Missouri, President Barack Obama has urged calm, restraint and respect for the rule of law. But the events in Ferguson have prompted him to call — more openly than he has before — for profound changes to end the racism and distrust that he believes still exists between whites and blacks in the United States. VOA White House correspondent Luis Ramirez reports.
Video

Video Online Magazine Gets Kids Discussing Big Questions

Teen culture in America is often criticized for being superficial. But an online magazine has been encouraging some teenagers to explore deeper issues, and rewarding their efforts. VOA religion reporter Jerome Socolovsky went to this year’s Kidspirit awards ceremony in New York.
Video

Video US Community Kicks Off Thanksgiving With Parade

Thursday is Thanksgiving in the United States, a holiday whose roots go back to the country's earliest days as a British colony. One way Americans celebrate the occasion is with parades. Anush Avetisyan takes us to one such event on the day before Thanksgiving near Washington, where a community's diversity is on display. Joy Wagner narrates
Video

Video Aung San Suu Kyi: Myanmar Opposition to Keep Pushing for Constitutional Change

Myanmar opposition leader Aung San Suu Kyi says she and her supporters will continue pushing to amend a constitutional clause that bars her from running for president next year. VOA's Than Lwin Htun reports from the capital Naypyitaw in this report narrated by Colin Lovett.
Video

Video Mali Attempts to Shut Down Ebola Transmission Chain

Senegal and Nigeria were able to stop small Ebola outbreaks by closely monitoring those who had contact with the sick person and quickly isolating anyone with symptoms. Mali is now scrambling to do the same. VOA’s Anne Look reports from Mali on what the country is doing to shut down the chain of transmission.
Video

Video Ukraine Marks Anniversary of Deadly 1930s Famine

During a commemoration for millions who died of starvation in Ukraine in the early 1930s, President Petro Poroshenko lashed out at Soviet-era totalitarianism for causing the deaths and accused today’s Russian-backed rebels in the east of using similar tactics. VOA’s Daniel Shearf reports from Kyiv.
Video

Video Hong Kong Protests at a Crossroads

New public opinion polls in Hong Kong indicate declining support for pro-democracy demonstrations after weeks of street protests. VOA’s Bill Ide in Guangzhou and Pros Laput in Hong Kong spoke with protesters and observers about whether demonstrators have been too aggressive in pushing for change.
Video

Video US Immigration Relief Imminent for Mixed-Status Families

Tens of thousands of undocumented immigrants in the Washington, D.C., area may benefit from a controversial presidential order announced this week. It's not a path to citizenship, as some activists hoped. But it will allow more immigrants who arrived as children or who have citizen children, to avoid deportation and work legally. VOA's Victoria Macchi talks with one young man who benefited from an earlier presidential order, and whose parents may now benefit after years of living in fear.
Video

Video New Skateboard Defies Gravity

A futuristic dream only a couple of decades ago, the hoverboard – a skateboard that floats above the ground - has finally been made possible. While still not ready for mass production, it promises to become a cool mode of transport... at least over some surfaces. VOA’s George Putic reports.
Video

Video Falling Gas Prices Impact US Oil Extraction

With the price of oil now less than $80 a barrel, motorists throughout the United States are benefiting from gas prices below $3 a gallon. But as VOA’s Kane Farabaugh reports, the decreasing price of petroleum has a downside for the hydraulic fracturing industry in the United States.

All About America

AppleAndroid