Thursday, October 4, 2012

Obama and Romney vs. China in Ohio




Being forthcoming with information on how President Obama, and his rival Mitt Romney plan to improve unemployment rates and stimulate job creation has been very vague during both of their campaigns. This still holds true on the issue of outsourcing and currency manipulation by China. The candidates where both campaigning in Ohio when Mitt Romney declared ”one thing I will do from day one is label China a currency manipulator. They must not steal jobs in an unfair way.” The way he would go about this is to implement policies that would make it more favorable for businesses to stay in America. This statement definitely alludes to his “Believe In America”. Labor policy which seeks to implement legislation that would make America more attractive to potential investors and in his view give America a competitive edge. On the Obama front his administration goes on the record declaring “China has illegally subsidized automotive exports and undercut American suppliers.” The President then goes on to call Romney “disingenuous” and called him out on his years of profiting from these same tactics.  While both of these candidates state the issues and what they each view as problems none of them is willing to give a real solution as to how they will fix it. I hope tonight’s impending debates will give us some real insight as to what each candidate is actually going to do once he is in office. To further study this issue CNN has expanded on: Obama, Romney clash on China, taxes in Ohio battleground




    

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