offers America the best shot at a real and sustained economic recovery that any major officeholder or candidate has yet offered."
" His proposals aren't perfect, they aren't consistent, and I have no interest in endorsing the entirety of his economic philosophy, let alone his candidacy. But they are still an order of magnitude more serious about fixing America's catastrophic trade mess than what has been proposed elsewhere."
" Like it or not, he's way ahead of Obama on this stuff."
1. ON ORDER TO SANCTION CHINA FOR UNFAIR TRADE PRACTICES
" This is big. Currency manipulation is a huge part of China's surplus with the U.S. And to actually mention duties ?! That's been unthinkable up to now. Obama certainly hasn't touched it."
" Aha! He's ( Romney ) figured out that trade agreements on paper don't amount to anything. They have to be enforced with real sanctions. This is radical."
" Yup. Time to stop playing by Sermon on the Mount rules with a dictatorship."
2. CREATE REAGAN ECONOMIC ZONE
" Unfortunate nomenclature , obviously aimed at Republican primary voters, but the principle here is sound: you can't have free trade with everybody, only those who genuinely accept fair rules of the game."
" The ' t " word! Gosh! Haven't heard that from anyone but fringe candidates
4. DESIGNATE CHINA A CURRENCY MANIPULATOR AND IMPOSE COUNTERVAILING DUTIES
" If China fails to move quickly to bring its currency to fair value, the Department of the Treasury in a Romney administration will designate China a currency manipulator and the Department of Commerce will impose countervailing duties." ( Excerpt from Romney's paper )
" This last sentence, if taken seriously, would amount to the biggest action in defense of America's trade interests since Nixon imposed a 10 % tariff in 1971."
" The time has come to lay out a series of steps that China must take to become a responsible member of the global economy. And the time has also come to lay out the conseqiences that would accompany its failure to make rapid progress toward that end. Despite what the Obama administration appears to believe, the United States is working from a position of strength. Mitt Romney understands that fundamental point and all that follows from it. He will seek to right our trade relationship with China and strengthen our commercial ties with the erst of the world. Nothing less than economic recovery is at stake." ( Excerpt from Romney paper ).
"Yes, Governor Romney, this is correct. We're never truly going to recover without fixing trade. You seem to be the only candidate who understands that."
" This, above all, is a VERY serious package ."
Thoughtful commentary from the very kind of voter we MUST win to win the election
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