Romney Wants ‘Something Dramatic’ to Aid Economy , But Doesn’t Know What
EVANSVILLE, Ind. — Mitt Romney is calling for “something dramatic” to help the economy recover, but he’s not saying exactly what.
The Republican presidential candidate says he opposes another federal stimulus package and new government programs. He also says that if the Federal Reserve were to undertake another “massive” program of buying government bonds and mortgage-backed securities, with the goal of driving long-term interest rates even lower, it wouldn’t help the recovery.
“I can absolutely make the case that now is the time for something dramatic and it is not the time to grow government. It’s the time to create the incentives and the opportunities for entrepreneurs and businesses big and small to hire more people and that’s going to happen,” Romney said an interview aired Sunday on CNN’s “State of the Union.”
“You’re going to see that happen in this country but not under this president.”
Romney said repeatedly this past week that his economic policies would create 12 million jobs in his first term. Pushed to explain how, Romney said in the interview, “That’s what happens in a normal process.”
“When you come out the kind of recession we’ve had you should see this kind of job creation,” he said. “Good things happen when you have a private sector that’s thriving.”
Oh, more tax breaks for the “job creators” (aka bazillionaires like himself) like that will inspire them to “create jobs”