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

    Top US General: Turkish Media Report ‘Absurd'

    General Dunford rejects ‘irresponsible' claims of coup involvement by former four-star Army General Campbell, who led NATO forces in Afghanistan before retiring earlier this year

    Video Saving Ethiopian Children Thought to Be Cursed

    'Omo Child' looks at efforts of one African man to stop killings of ‘mingi’ children

    Protests Over Western Troops Threaten Libyan 'Unity' Government

    Fears mount that Islamist foes of ‘unity' government plan to declare a revolutionaries' council in Tripoli

    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.
    London’s Financial Crown at Risk as Rivals Eye Brexit Opportunitiesi
    X
    VOA News
    July 25, 2016 5:09 PM
    By most measures, London rivals New York as the only true global financial center. But Britain’s vote to leave the European Union – so-called ‘Brexit’ – means the city could lose its right to sell services tariff-free across the bloc, risking its position as Europe’s financial headquarters. Already some banks have said they may shift operations to the mainland. Henry Ridgwell reports from London.
    Video

    Video London’s Financial Crown at Risk as Rivals Eye Brexit Opportunities

    By most measures, London rivals New York as the only true global financial center. But Britain’s vote to leave the European Union – so-called ‘Brexit’ – means the city could lose its right to sell services tariff-free across the bloc, risking its position as Europe’s financial headquarters. Already some banks have said they may shift operations to the mainland. Henry Ridgwell reports from London.
    Video

    Video Recycling Lifeline for Lebanon’s Last Glassblowers

    In a small Lebanese coastal town, one family is preserving a craft that stretches back millennia. The art of glass blowing was developed by Phoenicians in the region, and the Khalifehs say they are the only ones keeping the skill alive in Lebanon. But despite teaming up with an eco-entrepreneur and receiving an unexpected boost from the country’s recent trash crisis the future remains uncertain. John Owens reports from Sarafand.
    Video

    Video Migrants Continue to Risk Lives Crossing US Border from Mexico

    In his speech Thursday before the Republican National Convention, the party’s presidential candidate, Donald Trump, reiterated his proposal to build a wall along the U.S.-Mexico border if elected. Polls show a large percentage of Americans support better control of the nation's southwestern border, but as VOA’s Greg Flakus reports from the border town of Nogales in the Mexican state of Sonora, the situation faced by people trying to cross the border is already daunting.
    Video

    Video In State of Emergency, Turkey’s Erdogan Focuses on Spiritual Movement

    The state of emergency that Turkish President Recep Tayyip Erdogan has declared is giving him even more power to expand a purge that has seen an estimated 60,000 people either arrested or suspended from their jobs. VOA Europe correspondent Luis Ramirez reports from Istanbul.
    Video

    Video Calm the Waters: US Doubles Down Diplomatic Efforts in ASEAN Meetings

    The United States is redoubling diplomatic efforts and looking to upcoming regional meetings to calm the waters after an international tribunal invalidated the legal basis of Beijing's extensive claims in the South China Sea. VOA State Department correspondent Nike Ching has the story.
    Video

    Video Four Brother Goats Arrive in Brooklyn on a Mission

    While it's unusual to see farm animals in cities, it's become familiar for residents of Brooklyn, New York, to see a little herd of goats. Unlike gas-powered mowing equipment, goats remove invasive weeds quietly and without adding more pollution to the air. As Faiza Elmasry tells us, this is a pilot program and if it proves to be successful, the goat gardener program will be extended to other areas of New York. Faith Lapidus narrates.
    Video

    Video Scientists in Poland Race to Save Honeybees

    Honeybees are in danger worldwide. Causes of what's known as colony collapse disorder range from pesticides and loss of habitat to infections. But scientists in Poland say they are on track to finding a cure for one of the diseases. VOA’s George Putic reports.
    Video

    Video Wall Already Runs Along Parts of US-Mexico Border

    The Republican Party’s presidential nominee, Donald Trump, gained the support of many voters by saying he would build a wall to keep undocumented immigrants and drugs from coming across the border from Mexico. Critics have called his idea impractical and offensive to Mexico, while supporters say such a bold approach is needed to control the border. VOA’s Greg Flakus has more from the border town of Nogales, Arizona.
    Video

    Video New HIV Tests Emphasize Rapid Results

    As the global fight against AIDS intensifies, activists have placed increasing importance on getting people to know their HIV status. Some companies are developing new HIV testing methods designed to be quick, easy and accurate. Thuso Khumalo looks at the latest methods, presented at the International AIDS conference in Durban, South Africa.
    Video

    Video African Youth with HIV Urge More Support

    HIV, the virus that causes AIDS, is the top killer of teens in sub-Saharan Africa. But many youths say their experience with the virus is unique and needs to be addressed differently than the adult epidemic. VOA South African Correspondent Anita Powell reports.
    Video

    Video Pop-Up Art Comes to Your Living Room, Backyard and Elsewhere

    Around the world, independent artists and musicians wrestle with a common problem: where to exhibit or perform? Traditional spaces such as museums and galleries are reserved for bigger names, and renting a space is not feasible for many. Enter ArtsUp, which connects artists with venue owners. Whether it’s a living room, restaurant, office or even a boat, pop-up events are bringing music and art to unexpected places. Tina Trinh has more.
    Video

    Video Scotland’s Booming Whisky Industry Fears Brexit Hangover

    After Britain’s vote to leave the European Union, Scotland’s government wants to break away from the United Kingdom – fearing the nation’s exports are at risk. Among the biggest of these is whisky. Henry Ridgwell reports on a time of turmoil for those involved in the ancient art of distilling Scotland’s most famous product.

    Special Report

    Adrift The Invisible African Diaspora