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Republican Presidential Candidate Mitt Romney on Obama and Federal Reserve policies’ impact on the economy.
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And what ago.
You know our governor -- -- more attention is being paid this week committed -- side of our times not so much what the president saying.
But what on Friday Ben Bernanke the Federal Reserve term will be -- And and one of your opponents in the race -- of the presidency Texas governor Rick Perry.
Has said that the Fed's behavior more specifically buying back these securities and all of a sudden stop printing money so the state is treasonous behavior He didn't take that back.
What do you think about.
Well my mile view with -- -- of the Fed is that Ben Bernanke and others are are are trying to see if they can't restore economic growth and the failure of the president's policies.
Has been so abject.
That they're trying through through a monetary stimulation to trying get the economy going to get I don't.
Attack their motives.
But I do believe the day -- another round of quantitative easing money -- to give you well it's not the right course for the economy.
And suggests a a a growth of inflation down the road.
That may well be very very difficult to stop so I I think QE2 was less a successful.
But but I.
I want to focus my attention.
On the place where the failure has been most pronounced and that's on the abut -- Obama administration look at the president would have adopted the policies -- Ronald Reagan adopted.
When Ronald -- Unemployment about 10% we'd be back having millions of jobs.
Created what would you see it what little thing and so external deficit -- what he's advocating at least for now an extension of the payroll.
Tax cut.
I'm all in favor of keeping taxes down to keeping burdens -- and American businesses and and employers I want employers and and ought to -- -- to have every incentive to open businesses and to start creating jobs.
Okay I'm you mentioned a governor repair I did and ask you about it and if He.
-- -- because you're the leader in this race it's not surprising that He zeroed in on your comment about your.
Business experience and I think you it's a -- Herman Cain and the only one of the people running out.
Who has -- He said I think it's oranges and apples referring be running a state is different from running a business.
What I would say is go take a look at is.
Referring to your record governors.
When He was governor might record when I'm governor.
Then you've got some apples to apples and -- he's saying is better what's that you.
Well you know we have a lot of time over the coming months to talk about distinctions between the various candidates but really.
The place I think I want to focus my time and attention.
Is at the fact that the failure of the president he's gonna come out on November 6 for this jobs plan wisely come out with that already if it's a continuation of what we see in the past we know little fail.
I'm also in Nevada on the the September 6.
And and I will be coming out with my jobs plan and it's going to be very different than his and if we follow my jobs plan we're gonna get America working again.
That the the the focus of my effort right now is to make sure that people understand the President Obama and I could not be more different He spent his life and politics.
I spent my life as a business person I know what it takes to get jobs again this country.
No one doubts -- of the smarts governor.
I think what comes up a lot of these polls this latest one from mr.
Newsom would chose not to mention Senator Kerry leading U.
These things I know -- just quick snapshots but that you don't appear to have the fire or a motion.
This I'm just wondering whether that troubles you about whether it's going to be something that's gonna dog do the people just don't think you've got.
Says that -- that own needs to be present.
Well what you go back and pull up the tape from the Iowa state fair that they convince you Neil.
We had an outlook that protests.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- You don't decide to run for president of the United States analysts you've got -- the belly -- let me tell -- the a lot of incoming shots that -- day in and day out.
I care very deeply about this country for myself.
For my family for my grandkids.
For the for the betterment of the world out America's -- greatest nation in the history -- the earth it's an exceptional nation the president has gone around the world apologizing for America.
I happen to believe in the principles what made America the leader in the world and out a I'm in this race because I care about this country and I happen to have the background.
Having lived in the private sector for 25 years been a businessman a successful businessman by the way.
I'm not I'm not embarrassed about that the fact that Bain capital's one of the leading enterprises of its nature in the world is something our product.
I understand how the economy works and I want to use that -- to get Americans back to work and get America once again how to ramp.
To remain as it's always been the most powerful economic engine in the world.
Finally sir on this Iowa straw poll you're not -- -- active participant it'd.
But.
-- -- former senator John Sununu defendant had to governor's well blasted deposed meaningless.
Do you think it was meaningless.
You know I think it was a great show of strength from Michelle Bachmann.
At actually for Ron -- as well I think both were able to show a great deal of support on the part of of people Iowa.
And I think in the case of Tim -- He made a strong effort there but I I think it pretty well suggested to him that that that just wasn't gonna work for him.
And so I think it had significance for the people who who participated in that in that poll like I would debt.
You know what I'd acknowledged the the success of some of -- Michelle Bachmann and and Ron Paul in the the efforts have been made there.
