[Script Info] Title: [Events] Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Romney: Yes Please Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Reporter: Since January 2001 Massachusetts has lost as many jobs as Ohio, Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,a much larger state. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,With a record like that why would economically anxious Massachusetts residents Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,vote for another four years? Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Romney: Uh - Pretty simply this. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,THe people of America recognize that the slowdown in jobs Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that occurred during the early years of the Bush Administration Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,were the result of a perfect storm. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And an effort by one candidate to say Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,oh this recession and the slowdown in jobs was Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the result of somehow this president magically being elected Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,- people in America just dismiss that as being poppycock and they recognize it as that. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,They recognize that September 11th 2001 had a very significant impact Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,on our economy and on jobs in this economy. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,To pretend that is doesn't is just silliness. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,They also recognize that there is a Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,[applause] Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that there was a cyclic recession the rebounded from the extravagance Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of the period that existed prior to that time, where we had irrational exuberance Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,according to Alan Greenspan and we had a downturn. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,They also recognize that the internet bubble burst. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,These things came together to creating a perfect storm that meant a huge loss. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Now the question then is what did the president do to restoke the economy? Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And he passed an across the board tax cut that affected families that had children, Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that affected working families, it affected people across our economy Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,with the idea that this tax cut and his economic policy would rebuild our economy. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And even as Europe and Asia still are in the doldrums Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Japan that is are still in the doldrums. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The United States has come back and is regrowing and we're creating jobs. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The last half of the last year was a very strong period of economic growth Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,particularly the last quarter. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And the first quarter looks like another strong period. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Records housing starts, record home ownership, Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,job creation the last month over 300,00 thousand people Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,every indication is that the economic policies adopted and pursued by this president Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,are creating jobs at a very high pace Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and so the people of America have to ask Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,do you want to stay with a president who is rebuilding the economy, who is creating jobs Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,or do you want to stop midstream and find someone new Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,who said he is going to raise taxes. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I believe that raising taxes can do nothing but slow down the economy. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I don't know an economist in the world that says Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,'No the right way to get an economy going is taking money away from the people.' Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,No. The right way to get an economy going is to give incentives to people Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and to put money in their hands. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And this is president\N[applause] Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,this is a president who is doing that, who is creating jobs, Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,overcoming one of the worst if you will convergences of an internet bubble burst Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of a terrorist attack and the cyclical down turn that we've seen. Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,