Clinton nailed it. [hat tip to Rebecca Lasley]
Since 1961, for 52 years now, the Republicans have held the White House 28 years, the Democrats 24. In those 52 years, our private economy has produced 66 million private- sector jobs. So what’s the job score? Republicans: twenty-four million. Democrats: forty-two. …
Unfortunately, the faction that now dominates the Republican Party doesn’t see it that way. They think government is always the enemy, they’re always right, and compromise is weakness. Just in the last couple of elections, they defeated two distinguished Republican senators because they dared to cooperate with Democrats on issues important to the future of the country, even national security.
They beat a Republican congressman with almost 100 percent voting record on every conservative score because he said he realized he did not have to hate the president to disagree with him. Boy, that was a non-starter, and they threw him out. …
In Tampa, the Republican argument against the president’s re- election was actually pretty simple, pretty snappy. It went something like this: “We left him a total mess. He hasn’t cleaned it up fast enough, so fire him and put us back in.” …
I like the argument for President Obama’s re-election a lot better. Here it is. He inherited a deeply damaged economy. He put a floor under the crash. He began the long, hard road to recovery and laid the foundation for a modern, more well-balanced economy that will produce millions of good, new jobs, vibrant new businesses, and lots of new wealth for innovators. …
In 2010, as the president’s recovery program kicked in, the job losses stopped and things began to turn around. The Recovery Act saved or created millions of jobs and cut taxes — let me say this again — cut taxes for 95 percent of the American people.
And in the last 29 months, our economy has produced about 4.5 million private-sector jobs.
We could have done better, but last year the Republicans blocked the president’s job plan, costing the economy more than a million new jobs. So here’s another job score. President Obama: plus 4.5 million. Congressional Republicans: zero. …
During this period — during this period, more than 500,000 manufacturing jobs have been created under President Obama. That’s the first time manufacturing jobs have increased since the 1990s.
And I’ll tell you something else. The auto industry restructuring worked. It saved more than a million jobs, and not just at G.M., Chrysler, and their dealerships, but in auto parts manufacturing all over the country. That’s why even the automakers who weren’t part of the deal supported it. They needed to save those parts suppliers, too. Like I said, we’re all in this together.
So what’s happened? There are now 250,000 more people working in the auto industry than on the day the companies were restructured.
So — now, we all know that Governor Romney opposed the plan to save G.M. and Chrysler. So here’s another job score. Are you listening in Michigan and Ohio and across the country?
Here — here’s another job score. Obama: 250,000. Romney: zero. …
[I]n spite of all the rhetoric, they’ll just do what they’ve been doing for more than 30 years. They’ll go and cut the taxes way more than they cut spending, especially with that big defense increase, and they’ll just explode the debt and weaken the economy, and they’ll destroy the federal government’s ability to help you by letting interest gobble up all your tax payments.
Don’t you ever forget, when you hear them talking about this, that Republican economic policies quadrupled the national debt before I took office, in the 12 years before I took office and doubled the debt in the eight years after I left, because it defied arithmetic. …
We simply cannot afford to give the reins of government to someone who will double-down on trickle-down. …
If you want a winner-take- all, you’re-on-your-own society, you should support the Republican ticket. But if you want a country of shared opportunities and shared responsibility, a we’re-all-in-this-together society, you should vote for Barack Obama and Joe Biden.
