Iowa, Virginia Govs: Obama Offered No Vision for Second Term in Debate

Republican governors in Iowa and Virginia said on Tuesday that President Barack Obama failed to present his vision for a second term in his debate against Mitt Romney, echoing the concerns of undecided voters who thought the same after the debate. 

Iowa Governor Terry Branstad said Romney “explained with crystal clarity the difference between him and the President, and nowhere was that difference more stark than on the issue of the national debt.” Branstad noted that Obama “has racked up $5.5 trillion in national debt that will take years to pay off.”

“At the debate, the President reiterated that nothing will change about his policies in the next four years, ensuring that the debt will pile higher and generations to come will pay the price,” Branstad asserted. “That’s a legacy we don’t want to leave.”

Virginia Governor Bob McDonnell stated Romney “reinforced the clear choice facing the American people” on jobs, taxes, debt, healthcare or foreign policy. 

He lamented Obama’s “tax-hiking, government-growing record” has “failed to turn around our economy or increase our nation’s influence around the world.”

“Americans know that we can’t afford another four years like the last four years, and tonight’s debate confirmed that Mitt Romney is the leader we need to deliver the change that Americans expect and deserve,” McDonnell continued. 

After Obama’s lackluster first debate against Romney, even progressive journalists said it was not not just good enough for Obama to attempt to tear down Romney. Those like NBC’s David Gregory and Chuck Todd said Obama now needed to present a clear vision for what his second term would be. 

And according to Messrs. Branstand and McDonnell, Obama did not even come close to reassuring the country that he had a vision to turn the country's economy around if he wins a second term. 


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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