Which presidential candidate is more likely to restore prosperity for the middle class and give poor people a chance to work their way into it? To build a 21st century American economy which creates the jobs of tomorrow, reduces our debt and maintains our leadership in the world? To keep leading our country forward to a more perfect union, when there are so many forces working to divide us?
The president’s economic plan is better: Making investments in innovation, infrastructure, manufacturing, new sources of energy, education and training, and reducing the deficit by more than $4 trillion, with $2.50 of spending cuts for every dollar of tax increases on the most fortunate Americans.
Governor Romney plans to reduce taxes again on the wealthiest Americans and make large cuts in programs that help the middle class and poor children and spark new economic opportunity. He wants to eliminate the tax credits for solar and wind energy, which boost industries that support about 175,000 good-paying jobs, and helped make Iowa the second-largest producer of wind power in America. He even wants to cancel the plan to double fuel efficiency standards, which will effectively cut Americans’ gasoline bill in half by 2025.
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