Originally posted by JacKatMtn
Romney wins the gas question... hands down..
9:06 p.m. EDT: Romney answers first--responding to a question about how to create more jobs for students graduating from college. He also discusses student debt and mentions the scholarship program he started as governor of Massachusetts to provide assistance to the top 25% high school students in the state. Romney discussed that program at the Republican National Convention, but we haven't heard much about it since.
Obama, in response, attacks Romney for suggesting the auto industry should be allowed to go bankrupt. He refers to changes in the tax code--by which he means that he wants to end the supposed tax credit" for shipping jobs overseas (which is meant to compensate for double taxation, something Obama never explains). It's a promise he made in 2008 as well. He also talks about taxing the wealthy more to invest in American infrastructure. These are talking points that are familiar from the campaign trail--four years ago and today.
9:10 p.m. EDT: Romney responds to Obama's charge of bankruptcy by pointing out that Obama did, in fact, take the auto companies bankrupt. Obama then responds, falsely, that Romney intended to take the companies into bankruptcy in order to shut them down and destroy one million jobs. It is a blatant lie. Here is what Romney actually said: "Detroit needs a turnaround, not a check....In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check." He argued for restructuring the auto industry without bailouts to make it more competitive and without burdening the taxpayer unnecessarily. Obama's lie seems to have been made up on the spot.
Originally posted by Destinyone
Oil production not on Federal land...increase didn't come from this administration....Obama can't take credit for any increases.