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US Presidential Debate 2012: Obama, Romney battle over economy
Last Updated : 04 Oct 2012 12:25:28 PM IST
obama
US Presidential Debate 2012: Obama, Romney battle over economy

 

President Barack Obama and his Republican challenger Mitt Romney exchanged sharp barbs over major domestic policies ranging from economy, taxation, jobs and healthcare to education during the first of the three high-stake presidential debates.



The two rivals were aggresive in the debate  at the University of Denver as President Barack Obama and his Republican challenger Mitt Romney are running neck and neck in a series of national polls ahead of this  first of the three presidential debates .

Republican Mitt Romney accused President Barack Obama on Wednesday of promoting "trickle-down government" policies that are burdening the US economy coupled with  high national unemployment .

A CNN/ORC poll released just after the 90-minute presidential debate moderated by Jim Lehrer of the PBS news showed that 65-year-old Romney was way ahead of 51-year-old Obama in impressing the voters.

Romney was voted by 67 per cent of the registered voters, while Obama was supported by just 25 per cent. The results gave a big boost to the Romney campaign given that all the national polls shows that it is a tight race between the two.

The debates, a regular feature of American presidential campaigns since 1960, allow a chance to measure up the leaders who would be president as they stand side-by-side."I'm concerned about America. I'm concerned about the direction America has been taking over the last four years. I know this is bigger than election about the two of us as individuals. It's bigger than our respective parties. It's an election about the course of America - what kind of America do you want to have for yourself and for your children," Romney said.

Noting that he and Obama present two very different paths for the US, the Republican nominee said they lead in very different directions."It is not just looking to our words that you have to take in evidence of where they go; you can look at the record," he said.

And Romney virtually lectured Obama at one point after the president accused him of seeking to cut education funds. "Mr. President, you're entitled to your own airplane and your own house, but not your own facts."

Speaking aggresively ,Romney said he  have some good measures to put in place when he comes  to fix the economy, repeal Obama's health care plan, remake Medicare, pass a substitute for the legislation designed to prevent another financial crash and reduce deficits - but provided no specifics .

 

Mitt Romney still refuses to be straight with the American people - as  he promised to pay for his USD 5 trillion tax cut plan that's skewed toward millionaires and billionaires by closing tax loopholes for the wealthiest Americans,independent analysts have shown that his plan can only be paid for by eliminating deductions that middle class families rely on, like the mortgage interest deduction.

But Obama asked  about the plans how Romney will carry out these things ,"Governor Romney is keeping all these plans secret, is it because they're going to be too good? Because middle class families benefit too much? No."

Raising taxes on small business owners and the middle class might make sense to Mitt Romney but it would be disastrous for our economy. Obama said he should  get specific and tell the truth to the American people".

 

The presidential election is scheduled for November 6.


 But Obama is making it sure to speak directly to the American people, to build on what he did at the convention and what he's been doing for months in laying out the choice for the American people.


The video controversy will also effect  the debate a Romney  was damaged by a hidden-camera videotape in which he said 47 percent of voters were dependent on government and unlikely to support him.



"It is not just a choice between two candidates or two political parties. It's a choice between two different paths for this country. It's a choice between two fundamentallydifferent visions for our nation," he said.


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