Romney's Regulation Approach May Kill You

On October 3, 2012 Romney echoed his August 30 convention speech in which he said the fifth step in his plan to creating 12 million new jobs was: “We will champion small businesses, America’s engine of job growth, that means reducing taxes on business not raising them, it means simplifying and modernizing the regulations that hurt small business the most.” On January 7 Romney said there are certain things the government can do to rebuild an economy and improving our infrastructure is one of them but fundamentally the government gets in the way of creating jobs…the President wants to turn us into a European welfare state that takes from some to give to others and that will kill our ability for a prosperous future…during Kennedy’s administration (1961–1963) government was 27% of our cost and now it’s 37%; government needs to be scaled back…let’s not forget that this is a free enterprise system and we don’t need government coming in telling us how to make businesses work. Gingrich in this debate said Romney’s tenure as CEO at Bain Capital – is a story of greed, stripping American businesses of assets, selling everything to the highest bidder, often killing jobs for big financial rewards…I’m not nearly enamored with the Wall Street model where you can flip companies, have leveraged buyouts, you can take out all the money leaving behind all the workers. What Gingrich described was true capitalism which I’ll explain later.

Romney’s approach to regulations in both his comments and budget plan would allow food and drug companies to operate without concern for the people they serve and companies creating or transporting hazardous chemicals, including oil and gas, to operate without considering the neighborhoods they do business in. This would put the burden of our safety on people like Erin Brockovich, Dr. Oz and other consumer watchdog groups but his approach wouldn’t give them the regulations they would need to stand on. Obama has cut government jobs but Romney’s plan it seems to me could eliminate programs added after September 1, 2001 that secure our freedom from terrorists after all he did say on October 3 that in cutting spending he’ll look at – is the program so critical it’s worth borrowing money from China. Romney said improving our infrastructure would help yet the Republicans blocked the September 2011 Jobs Act that would have created such jobs. In regard to Europe, they took a different path than Obama (he used a stimulus to try and get business back on track), they made cuts to programs and government which is what Romney’s plan does.

Romney’s statement that Obama wants to take from some to give to others is correct as he has continually tried to eliminate the tax cuts on the rich to give to those less fortunate and protect the middle class. Romney believes in doing the same thing but he’s taking from the less fortunate in order to continue giving a lower percentage of tax to the rich – this is probably the one thing that Romney has stood firm on and I hope his attitude has not become that of our nation.