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Romney: Yes Please

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Reporter: Since January 2001 Massachusetts has lost as many jobs as Ohio,

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a much larger state.

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With a record like that why would economically anxious Massachusetts residents

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vote for another four years?

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Romney: Uh - Pretty simply this.

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THe people of America recognize that the slowdown in jobs

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that occurred during the early years of the Bush Administration

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were the result of a perfect storm.

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And an effort by one candidate to say

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oh this recession and the slowdown in jobs was

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the result of somehow this president magically being elected

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- people in America just dismiss that as being poppycock and they recognize it as that.

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They recognize that September 11th 2001 had a very significant impact

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on our economy and on jobs in this economy.

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To pretend that is doesn't is just silliness.

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They also recognize that there is a

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[applause]

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that there was a cyclic recession the rebounded from the extravagance

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of the period that existed prior to that time, where we had irrational exuberance

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according to Alan Greenspan and we had a downturn.

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They also recognize that the internet bubble burst.

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These things came together to creating a perfect storm that meant a huge loss.

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Now the question then is what did the president do to restoke the economy?

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And he passed an across the board tax cut that affected families that had children,

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that affected working families, it affected people across our economy

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with the idea that this tax cut and his economic policy would rebuild our economy.

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And even as Europe and Asia still are in the doldrums

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Japan that is are still in the doldrums.

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The United States has come back and is regrowing and we're creating jobs.

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The last half of the last year was a very strong period of economic growth

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particularly the last quarter.

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And the first quarter looks like another strong period.

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Records housing starts, record home ownership,

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job creation the last month over 300,00 thousand people

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every indication is that the economic policies adopted and pursued by this president

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are creating jobs at a very high pace

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and so the people of America have to ask

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do you want to stay with a president who is rebuilding the economy, who is creating jobs

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or do you want to stop midstream and find someone new

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who said he is going to raise taxes.

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I believe that raising taxes can do nothing but slow down the economy.

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I don't know an economist in the world that says

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'No the right way to get an economy going is taking money away from the people.'

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No. The right way to get an economy going is to give incentives to people

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and to put money in their hands.

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And this is president
[applause]

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this is a president who is doing that, who is creating jobs,

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overcoming one of the worst if you will convergences of an internet bubble burst

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of a terrorist attack and the cyclical down turn that we've seen.

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