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

Turkish Public Fears Jihadists More Than Kurds

Turkey facing twin threats of terrorism by Islamic State and PKK Kurdish separatists, says President Erdogan’s ruling AK Party More

Video One Year After Massacre, Iraq’s Yazidis a Broken People

Minority community still recovering from devastating assault by IS militants which spurred massive outrage More

‘Malvertisements’ Undermine Internet Trust

Hackers increasingly prey on users' trust of major websites to delivery malicious software 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.
Iraqi Yazidis Fear Death of Their Communityi
X
Sharon Behn
August 03, 2015 2:23 PM
A year ago on August 3, Islamic State militants stormed the homelands of Iraq’s Yazidi minority, killing hundreds of men and enslaving thousands of women. The scenes of desperate Yazidi families crowding on the top of Sinjar mountain without food or water spurred Kurdish fighters into action, an emergency airlift and the start of the U.S. airstrike campaign against the Islamic State Sunni extremists. VOA's Sharon Benh reports from northern Iraq.
Video

Video Iraqi Yazidis Fear Death of Their Community

A year ago on August 3, Islamic State militants stormed the homelands of Iraq’s Yazidi minority, killing hundreds of men and enslaving thousands of women. The scenes of desperate Yazidi families crowding on the top of Sinjar mountain without food or water spurred Kurdish fighters into action, an emergency airlift and the start of the U.S. airstrike campaign against the Islamic State Sunni extremists. VOA's Sharon Benh reports from northern Iraq.
Video

Video Bangkok Warned It Soon Could Be Submerged

Italy's Venice and America's New Orleans are not the only cities gradually submerging. The nearly ten million residents of the Bangkok urban area now must confront warnings the city could become uninhabitable in a few decades. VOA Correspondent Steve Herman reports from the Thai capital.
Video

Video Inclusive Gym Gets People With Disabilities in Fitness Spirit

Individuals with special needs are 58 percent more likely to be obese than the general population. According to the U.S. Centers for Disease Control, they also have an increased likelihood of anxiety, depression and social isolation. But a sports club outside Washington wants to make a difference in these people's lives. With Carol Pearson narrating, VOA's June Soh reports.
Video

Video Astronauts Train Underwater for Deep Space Missions

Manned deep space missions are still a long way off, but space agencies are already testing procedures, equipment and human stamina for operations in extreme environment conditions. Small groups of astronauts take turns in spending days in an underwater lab, off Florida’s southern coast, simulating future missions to some remote world. VOA’s George Putic reports.
Video

Video Special Olympics Show Competitors' Skill, Determination

Special Olympics competitions will wrap up Saturday in Los Angeles, and the closing ceremony for athletes with intellectual disabilities will be held Sunday night. In a week of competition, athletes have shown what they can do through skill and determination. VOA's Mike O'Sullivan reports.
Video

Video Civil Rights Leaders Struggled to Achieve Voting Rights Act

Fifty years ago, lawmakers approved, and U.S. President Lyndon Johnson signed, the Voting Rights Act of 1965. The measure outlawed racial discrimination in voting, giving millions of blacks in many parts of the southern United States federal enforcement of the right to vote. Correspondent Chris Simkins introduces us to some civil rights leaders who were on the front lines in the struggle for voting rights.
Video

Video Shooter’s Grill: Serving Food with a Touch of the Second Amendment

Shooter's Grill, a restaurant in Rifle, Colorado, attracts visitors from all over the world as well as local patrons. The reason? Waitresses openly carry loaded firearms as they serve food, and customers are welcome to carry them, too. VOA's Enming Liu and Lin Yang paid a visit to Shooter's Grill, and heard different opinions about this unique establishment.
Video

Video Despite Controversy, Business Owner Continues Sale of Confederate Flags

At Cooter’s, a store in rural Sperryville, Virginia, about 120 kilometers west of Washington, D.C., Confederate flags are flying off the shelves. The red, white and blue battle flag, with 13 white stars representing the Confederate states, was carried by southern forces during the U.S. Civil War in the 1860s. The South had seceded from the Union over several key issues of disagreement, including slavery. VOA’s Deborah Block has the story.
Video

Video Booming London Property a ‘Haven for Dirty Money’

Billions of dollars of so-called ‘dirty money’ from the proceeds of crime - especially from Russia - are being laundered through the London property market, according to anti-corruption activists. As Henry Ridgwell reports from the British capital, the government has pledged to crack down on the practice.
Video

Video Hometown of Boy Scouts of America Founder Reacts to Gay Leader Decision

Ottawa, Illinois, is the hometown of W.D. Boyce, who founded the Boy Scouts of America in 1910. In Ottawa, where Scouting remains an important part of the legacy of the community, the end of the organization's ban on openly gay adult leaders was seen as inevitable. VOA's Kane Farabaugh reports.

VOA Blogs