Stephanie
Diamond Member
- Jul 11, 2004
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Hes back even if he didnt bring any Power Point presentations with him this time around. H. Ross Perot, who ran the most successful independent presidential bid in a generation, endorsed Mitt Romney in the Des Moines Register today, blasting the Obama administrations reckless fiscal policies as he did:
The American economy is stagnant. Economic growth is insufficient to create enough jobs for a country whose population is growing. The result is unemployment stuck over 8 percent for every single month of Barack Obamas presidency. We have 23 million Americans who are looking for work and either cant find a full-time job, cant find a job at all, or who have given up looking. That is wrong. Its not the way America ought to be.
At the same time, and not unrelated, is the extraordinary explosion of federal deficits and federal debt. In the last four years during Obamas presidency, hes added around $5 trillion to our national debt, more than any previous president. This was accomplished by successive federal budgets that each ran deficits exceeding $1 trillion a year.
It is this massive deficit spending that threatens to undermine our future standard of living. To pay for our governments massive debts, Washingtons profligacy, our children and grandchildren will be paying interest and principal on the nations debt for untold years into the future. That is wrong. Its not the way America ought to be.
Even as we have engaged in runaway domestic spending, the country has been put on the path to massive cuts in the defense budget. President Obamas own Secretary of Defense has called the proposed cuts devastating to our nations security. History teaches that the price of military weakness always exceeds the price of preparedness. And yet at a moment when turbulence is sweeping critical regions of the world, we are increasingly unprepared. That is wrong. Its not the way America ought to be.
For the past four years, we have squandered one opportunity after the next to turn things around. The longer we delay acting, the steeper the price we will have to pay.
the rest here
Ross Perot endorses Mitt Romney « Hot Air