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Showing posts with label romney. Show all posts
Showing posts with label romney. Show all posts

Tuesday, January 29, 2008

US Candidate Presidential Election

Republican presidential hopeful Sen. John McCain, R-Ariz., smiles while speaking to reporters outside a polling station in St. Petersburg, Fla., Tuesday, Jan. 29, 2008, the morning of Florida's Republican Presidential Primary. Republican presidential hopeful Sen. John McCain, R-Ariz., smiles while speaking to reporters outside a polling station in St. Petersburg, Fla., Tuesday, Jan. 29, 2008, the morning of Florida's Republican Presidential Primary.
AP Photo

Romney, McCain in tight Florida race

AP

MIAMI - John McCain edged ahead of Mitt Romney in the Florida primary Tuesday night, a battle for the biggest delegate prize to date as well as precious campaign momentum heading into next week's competition across more than 20 states.

Monday, January 21, 2008

Clinton, Obama engage in bitter debate

By NEDRA PICKLER, Associated Press Writer

MYRTLE BEACH, S.C. - Democratic presidential rivals Hillary Rodham Clinton and Barack Obama accused each other of repeatedly and deliberately distorting the truth for political gain Monday night in a highly personal, finger-wagging debate that ranged from the war in Iraq to Bill Clinton's role in the campaign.

Obama told the former first lady he was helping unemployed workers on the streets of Chicago when "you were a corporate lawyer sitting on the board at Wal-Mart."

Moments later, Clinton said that she was fighting against misguided Republican policies "when you were practicing law and representing your contributor ... in his slum landlord business in inner city Chicago."

Obama seemed particularly irritated at the former president, whom he accused in absentia of uttering a series of distortions to aid his wife's presidential effort.

"I'm here. He's not," she snapped.

"Well, I can't tell who I'm running against sometimes," Obama countered.

The two rivals, joined by former Sen. John Edwards, debated at close quarters five days before the South Carolina primary — and 15 days before the equivalent of a nationwide primary across 20 states that will go a long way toward settling the battle for the party's nomination.

more stories...


From left Democratic presidential hopefuls, Sen. Hillary Rodham ...I'm The Winner....
AP

From left Democratic presidential hopefuls, Sen. Hillary Rodham Clinton, D-N.Y., Sen. Barack Obama, D-Ill., and former Sen. John Edwards, D-N.C., stand on the stage prior to a Democratic debate sponsored by CNN and the Congressional Black Caucus Institute in Myrtle Beach, S.C., Monday, Jan. 21, 2008.

(AP Photo/Mary Ann Chastain)

US Rep. James Clyburn (D-SC) (left) welcomes US Democratic presidential ...I'll Win...
Reuters

US Rep. James Clyburn (D-SC) (left) welcomes US Democratic presidential candidates Senator Hillary Clinton (D-NY) (center) and Senator Barack Obama (D-IL) to the CNN/Congressional Black Caucus Institute Democratic Party presidential debate at the Palace Theatre in Myrtle Beach, South Carolina January 21, 2008.

REUTERS/Jonathan Ernst (UNITED STATES) US PRESIDENTIAL ELECTION CAMPAIGN 2008

From left, Democratic presidential hopefuls Sen. Hillary Rodham ...We'll See Who'll get the Hot Seat in United States...
AP

From left, Democratic presidential hopefuls Sen. Hillary Rodham Clinton, D-N.Y., Sen. Barack Obama, D-Ill., and former Sen. John Edwards, D-N.C., participate in a Democratic presidential debate in Myrtle Beach, S.C., Monday, Jan. 21, 2008. At right is CNN's Wolf Blitzer.

(AP Photo/Mary Ann Chastain)





Sunday, January 20, 2008

Mitt Romney's economic record questioned ??



By Jason Szep

JACKSONVILLE, Florida (Reuters) - Republican Mitt Romney is touting his revival of the Massachusetts' economy in a pitch to voters in Florida, a state that could make or break his White House bid, but some experts dispute that record.

The former Massachusetts governor issued a statement on Sunday titled "creating jobs" that focuses on 57,600 jobs added to the Massachusetts economy during his single term as governor from 2003 to 2007.

But Northeastern University economist Andrew Sum, who has researched Romney's record, said the state lagged the U.S. average during that period in job creation, economic growth and wage increases.

"As a strict labor market economist looking at the record, Massachusetts did very poorly during the Romney years, he said. "On every measure you've got, the state was a substantial under-performer."

At a campaign rally here on Saturday, Romney's supporters handed out flyers promoting the candidate's economic credentials, a central theme in his campaign, saying he had "closed a nearly $3 billion budget deficit without raising taxes" during his term in Massachusetts.

But the $3 billion deficit projected by Romney and state legislators in January 2003 at the start of his administration never rose that high because a surge in capital gains taxes more than halved the shortfall to $1.3 billion.

While Romney and the state legislature cut $1.6 billion from the 2004 budget, analysts noted he also generated more than $500 million by raising fees and by closing corporate tax loopholes -- actions considered tax rises by some businesses.

"There's never been under his watch an economic turnaround to speak of," Michael Widmer, president of the independent Massachusetts Taxpayers Foundation, told Reuters.

"We added a few jobs over the last three years of his tenure but very few. He also raised corporate taxes and fees and the (deficit) gap turned out to be less than $3 billion."

MIXED RECORD

Romney is in a close four-way race in Florida where the primary on January 29 is the next test in the state-by-state battles to determine the Republican and Democratic candidates who will square off in November's presidential election.

The multimillionaire former venture capitalist has retooled his campaign to emphasize his nearly 25 years of business experience that includes founding Bain Capital LLC, a successful Boston-based private-equity firm, in 1984.

At rallies, Romney presents himself as a candidate whose real-world business experience can help shake up Washington.

But he faces stiff competition in Florida's Republican race from John McCain, the senator from Arizona who won Saturday's South Carolina primary, along with former New York Mayor Rudy Giuliani and former Arkansas Gov. Mike Huckabee.

Romney's resume includes a number of prominent successes such as rescuing the debt-ridden Salt Lake City Olympics and helping to set up office supply retail-store chain Staples Inc., which employs about 70,000 people.

Massachusetts also won a credit-rating upgrade during Romney's term as governor for the first time since 2000, his campaign's statement said.

His supporters contend the state's job market was soft long before Romney's term, which ended in January last year, blaming a Democratic-controlled Legislature for the weakness. His spokesman, Kevin Madden, has asserted that Romney brought Massachusetts "back from the brink of financial disaster."

But Northeastern's Sum said that while jobs were created under Romney, the rate was the third-lowest in the nation after Hurricane Katrina-hit Louisiana and Michigan. At the same time, wages in the New England state stagnated during Romney's term.

The average weekly wage of Massachusetts workers, Sum said, rose by just a $1 between 2001 and 2006 after adjusting for inflation, while the state had the third-highest rate of population loss in the nation between July 2002 and July 2006.

Real output of goods and services -- a broad measure of economic performance -- grew 9 percent, below the 13 percent rate for the United States, he added.



Republican presidential candidate Mitt Romney fires up the crowd ...

Reuters

Republican presidential candidate Mitt Romney fires up the crowd as he speaks about Washington being broken at the start of his Florida swing in Jacksonville January 19, 2008, after winning the Nevada primary today and the Michigan primary earlier in the week.

(Mark Wallhesier/Reuters)


Can He Handle US economy well ???


Saturday, January 19, 2008

Clinton, Romney Win Nevada's Presidential Caucuses

Ann Romney (R), wife of Republican presidential candidate Mitt ...
Reuters

Ann Romney (R), wife of Republican presidential candidate Mitt Romney, joins supporters in applause as he starts his Florida swing in Jacksonville January 19, 2008, hours after winning the Nevada primary. REUTERS/Mark Wallhesier (UNITED STATES) US PRESIDENTIAL ELECTION CAMPAIGN 2008

(USA)

US Democratic presidential candidate Sen. Hillary Clinton (D-NY) ...
Reuters

US Democratic presidential candidate Sen. Hillary Clinton (D-NY) is introduced by her husband former US president Bill Clinton at a rally in Las Vegas January 18, 2008. The Nevada caucuses are January 19th.

(Rick Wilking/Reuters)

A supporter of Democratic presidential candidate Barack Obama ...
Reuters

A supporter of Democratic presidential candidate Barack Obama holds up a sign during a campaign appearance by Obama at the University of Nevada, Las Vegas January 18, 2008.

(Robert Galbraith/Reuters)