Tales from the Trail

Romney says Obama doesn’t deserve a passing grade

March 2, 2010

Mitt Romney gives Barack Obama an ‘F’ for his performance as president. But that’s not because the former Republican presidential candidate still wants the job — at least, he’s not ready to say yet whether he wants it or not. USA-POLITICS/

“I’m not going to give him a passing grade for the year,” Romney said of Obama on NBC’s Today show.

Sure, the economy was in free-fall a year ago and is now growing. Sure, the Dow Jones Industrial Average is back above 10,000. Sure, the U.S. no longer seems headed for a new depression.

But Romney points out that unemployment is still very high. Plus, the Obama administration has built any progress to date on the unsound foundation of new debt.

“It could have taken much better steps,” Romney said, without elaborating.

“The private sector is scared in America right now. It’s the most anti-job, anti-growth, anti-investment agenda we’ve seen in Washington in decades.”

The former Republican governor of Massachusetts appeared on national television to hawk a new book that some view as the unofficial launch of his presidential candidacy for 2012.

But Romney scoffs at such speculation: “This is counting chickens before the hen has met the rooster. I haven’t made a decision like that yet.”

He has a point. The November 2012 election is more than 2-1/2 years away.

But if the cynics are right and politicians are always campaigning, and if the task of raising millions upon millions of campaign dollars is an extra challenge this time because of the weak economy, then presidential wannabes might rightly conclude that the early bid catches the term.

MOTOR-RACING/In one sense, Romney is already lagging. Sarah Palin, the former Republican vice presidential nominee seen in some quarters as a candidate for 2012, launched her own political bestseller four months ago. She’s also got that nice gig as a Fox political pundit.

Politicians often write books as a way to sell themselves to voters and financial contributors.

Romney describes his new tome, “No Apology: The Case for American Greatness,” as an outflowing from his years of experience in politics and the private sector.

The Republican, who lost out on the 2008 presidential nomination and finished a distant second behind Ron Paul in a recent conservative voter straw poll, says he can think up loads of new ways to bring renewal to America.

“I have a lot of ideas. So do other people. That’s the great thing about this extraordinary democracy of ours,” he said.

For more political coverage from Reuters, click here.

Photo credit: Reuters/Brian Snyder (Romney at 2008 Republican National Convention), Reuters/Brian Blanco (Palin at NASCAR Sprint Cup Series Daytona 500 race Feb. 14)

Comments
6 comments so far | RSS Comments RSS

“It could have taken much better steps,” Romney said, without elaborating.

Without Elaborating. Mr. Romney, try doing that in a board room meeting and see if your boss wouldn’t fire you on the spot for saying something like that. Come up with tangible solutions before taking credit for something that you haven’t even done. There are enough back seat driving Monday morning quarterbacks on the field already. Try being an offensive lineman for this country and maybe you’ll actually get some respect.

Posted by Streetfighter | Report as abusive
 

That’s what America needs. A Wall Street president in a $10,000 suit, telling us that Obama gets an F after Wall Street brought America to the brink of disaster. Can you imagine where we would be with “I don’t know much about the economy” McCain had won in 2008?
Obama is a heck of a lot smarter than Mitt, he got an A in getting elected, Mitt got an F.

Posted by Liberaltarian | Report as abusive
 

Mitt the mormon is not happy with hitting more than one wife, he wants to bang the whole country. Barrack Rules !

Posted by pbhomeboy | Report as abusive
 

Mitt is probably going to be the Republican nominee for 2012. He is articulate, has a photogenic family, doesn’t seem to have any messy affairs or divorces in his past, and Big Business knows he will do their bidding. That’s pretty much all they want. Any other candidates, anyone?

Posted by getplaning | Report as abusive
 

Romney is a proven leader who has a penchant of saving business and government from financial collapse.

Bain and Company (a management consultant firm, Boston). Saved it from financial collapse by returning it to profitability without layoffs or partner defections.

I think everyone knows he saved the 2002 winter olympics in Salt Lake from financial ruin and actually left it with a 100 million profit.

As Massachusetts Governor he took a potential 3 billion dollar financial shortfall and turned it around by cutting spending returning to a state surplus of 700 million and still cut taxes.

My point is that considering our massive deficit spending and massive government debt, he appears to be our best hope to fix the financial mess we find ourselves in today. Or course this is just my opinion and I am sure there is plenty of fodder against him, but no one can deny he is a proven business leader who gets positive results against all odds.

Again, this is just my opinion, but considering the lack of business experience of our current president, Romney could just be the person to turn aroiund the ruinous financial state we find ourselves in today.

Greece and Spain are showing what out of control spending can do to a nation. In this case, the European Union and the Euro. They are in a world of hurt and all we have to do is look to them to see that it just might happen to us too.

Posted by TyC | Report as abusive
 

Mitt Romney is all too familiar with why jobs go – out of state, out of the country or just go altogether. Romney’s private sector career consisted of profiting off of laying off thousands of workers. Romney didn’t merely produce a spotty jobs record when he ran Bain Capital. During a time when he retained a controlling stake, his company reaped huge paydays on investments in firms that later went belly up. Bain in 1988 put $5 million down to buy Stage Stores, and in the mid-’90s took it public, collecting $100 million from stock offerings. Stage filed for bankruptcy in 2000. Bain in 1992 bought American Pad & Paper (AMPAD), investing $5 million, and collected $100 million from dividends. The business filed for bankruptcy in 2000. Bain in 1993 invested $60 million when buying GS Industries, and received $65 million from dividends. GS filed for bankruptcy in 2001. Bain in 1997 invested $46 million when buying Details, and made $93 million from stock offerings. The company filed for bankruptcy in 2003. Saving businesses from financial collapse? His record is disastrous.

Romney’s job creation record in Massachusetts was one of the worst in the country. Massachusetts did very poorly during the Romney years. On every measure, the state was a substantial under-performer. After his flip-flopping failure as a hard right social conservative in 2008 and comic retreat from his signature achievement on health care, Mitt Romney attempting to return to his political roots as a “proven business leader.” Unfortunately, Americans have already seen this picture and already know how it ends.

He may want to be the next MBA President, but America still haven’t recovered from the first one.

Posted by Yellow105 | Report as abusive
 

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