maryland and pennsylvania and he went back to that strategy of blaming the bush administration, pointing out, which is true, that he inherited a lost economic problems, he inherited deficit problems but i spoke to the republican strategy early today, and he basically said that has a limited political appeal. policies have failed and fail miserably and you cannot go out and say things are going to be different in a second term when it is the same thing. also not enough to say, bush left me a mess and romney is the same thing. reporter: that is the challenge if the president. when he came to office he was facing all kinds of problems left over from the bush administration but he now has had 3 1/2 years in office. the key in the next few months is going to be to show that his policies are turning this around. that is his challenge. a very big challenge. shepard: thank you, carl, and ed henry on the north lawn, thank you. governor romney again jumped on
generates jobs. and facts have to matter in this election. alex referenced mitt romney s 4.7 unemployment. think of the time we were in when mitt romney was governing. he talked about the president at 8.2. the president had to deal with the worst economy in 80 years. he had much tougher challenges than mitt romney ever had. and the fact of the matter is 40 months in to barack obama s presidency jobs were created in massachusetts. 40 months in mitt romney s term as governor 6,000 jobs were created. we had a trillion dollar stimulus put into infrastructure and we haven t seen the growth. a third of that was tax cuts. we were not going to tax our way to prosperity or spend our way to prosperity. we have to put into place the policies to let us have long term growth. we have to address the deficit problems. this is a president who run up
are unemployed but a lot of those laid off employed actually may want to become employers or entrepreneur and the question as policymakers is how do we go about making it easier for that to happen? one of the big questions small business people have and americans do as well, citizens who might work for something else, are taxes going to go up to meet the debt problems and the deficit problems? you know, i think tim and i would both tell you we don t think it s a good idea to raise taxes on anybody, especially in a recession like we are in. on anybody at all? on anybody at all. raising taxes you mean you want washington to spend the money, not the person who earns it. right now we don t have enough people investing with confidence and say i want to invest and we have to create that environment. you don t create that environment by raising taxes. is there any way you would vote for a tax increase? the bush tax cuts are supposed to expire the end of the year. i would not. look
are unemployed but a lot of those laid off employed actually may want to become employers or entrepreneur and the question as policymakers is how do we go about making it easier for that to happen? one of the big questions small business people have and americans do as well, citizens who might work for something else, are taxes going to go up to meet the debt problems and the deficit problems? you know, i think tim and i would both tell you we don t think it s a good idea to raise taxes on anybody, especially in a recession like we are in. on anybody at all? on anybody at all. raising taxes you mean you want washington to spend the money, not the person who earns it. right now we don t have enough people investing with confidence and say i want to invest and we have to create that environment. you don t create that environment by raising taxes. is there any way you would vote for a tax increase? the bush tax cuts are supposed to expire the end of the year. i would not. look
talk so far so good, but that there was more work to do. he s been hoping to help bridge their differences over the balance of spending cuts and borrowing they should use to pull out of the pull the euro zone out of the crisis. but germans are opposed to more borrowing and the u.s. to deal with america s debt and deficit problems. after a morning of talks, said in part, we commit to take all necessary steps to strengthsen and reinvigorate our economies and combat financial stresses recognizing that the right measures are not the same for each of us. the u.s. had little leverage in this process and it s not contributing to the euro backed bailout fund, but the tepid economic growth holds it at a new european recession and more impact. finally, a short while ago, leaders released a statement noting oil supply disruptions and call on the international energy agency that would