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Sen. Portman: America is tired of waiting

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    Ohio senator addresses GOP convention

  • Duration 12:33
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This transcript is automatically generated

If you.

Thank you.

Good evening American.

And a no load and -- fired up delegation from the Buckeyes stayed right there in front of me.

My name is Rob Portman.

And they say I was on governor Romney short list of vice presidential candidates.

Apparently it wasn't short enough.

What a great convention and I'm delighted to be here tonight.

-- talk about the fundamental differences between Mitt Romney and Barack Obama when it comes to understanding our economy.

Let's begin by talking about something the Democrats love to demonize.

Mitt Romney's success in the private sector.

He built a company from the ground up created lots of jobs and yes he made money.

He made -- the old fashioned way folks.

-- -- -- -- Then you have Barack Obama.

Who never started a business never even worked in business and yet he claims those who have should give credit to the government.

Or someone else for their success.

-- you have one candidate who understands that success comes from working hard.

Competing.

And taking risks.

And you have another candidate.

Who believes that success comes from government.

Let me ask you this.

Which one do you think knows how to turn around this economy.

Yeah.

Right answer.

Let me ask you this which one would you choose to invest your life savings.

Should it be any different for safeguarding our nation's economy.

Or let's say you don't have any savings.

Let's say you're worried about how to -- September's rent or mortgage.

Let's say you're one of the millions of Americans.

Out of work for millions more who've given up looking for work.

You gotta be running out of patience.

And hope.

You've got to be tired.

Looking for a new start.

Well you don't have to be patient any longer through your votes this thought you can change the leadership of this country yeah.

Your family.

America it's been nearly.

Four years.

Of 8% unemployment.

Double digit unemployment for young people Hispanics.

African Americans.

Four years.

FDR and Truman won an entire world war in four years.

America is tired of waiting.

Listen it.

-- business if you don't move rapidly what happens you're out of business your finished.

We want a president who operates -- business need not government speed.

President Obama says that he deserves reelection because his economic policies have worked.

Not in this universe they haven't.

In fact the experts tell us that if we don't change our policies were going back into recession.

Next year.

Folks tens of millions of Americans are not out of the last recession.

Governor Romney had a plan to build his business.

He now has a detailed plan to restore our economy and strengthen the middle class.

I ask you.

Where's the president's economic plan.

Blaming others does not qualify as a plan.

Now the president did submit.

A budget it was so bad folks that not a single Republican or a single Democrat in the entire United States congress would vote for it.

He got zero votes.

That is a failure of leadership.

President Obama has been right about at least one prediction is made about the economy.

He said.

If I don't have this done in three years.

Then there's going to be a one term proposition.

I think you're right about that Mr.

President.

It hasn't worked because you cannot spend your way.

Regulate your way.

Tax your way or blame your way out of the economic mess that -- in.

-- -- the productive power of the American people.

Through policies that encourage innovation risk taking investment and jobs.

And you have to compete and win in the global economy.

Governor Romney understands this.

In contrast.

President Obama is the first president in 75 years Democrat or Republican.

Who hasn't even -- the ability to negotiate export agreements and open markets overseas.

Now why is it's important.

It is 95% of the world's consumers live outside of our borders and -- three jobs.

Our workers and our farmers need to sell more of what we make.

So those people.

While this administration has been dragging its feet other countries have been busy negotiating.

Hundreds of new trade agreements to benefit.

Their workers their farmers taking away our opportunities.

President Obama has been so driven to advance his big government ideology that he has abandoned the daily work that a government must do.

To open markets restore business confidence and create the climate for job growth.

This is the work president Romney would begin on days one.

Okay.

Take trade with China.

China manipulates its currency giving it an unfair trade advantage.

So why doesn't the president do something about it.

I'll tell you one reason.

President Obama could not run up his record trillion dollar deficits if the Chinese didn't buy our bonds to finance them.

Folks we -- is beholden to China for bonds as we are to the Middle East for -- loyal.

This will end under Mitt Romney.

We need to knock down these barriers to trade abroad.

But we also need to knock down self imposed barriers to success right here at home.

We need to reform our outdated and complicated tax code.

We -- are burdensome regulatory system.

And we need an energy policy that encourages the development of our resources right here in the ground.

In America.

America has a choice.

Between Mitt Romney who seeks to grow the economy.

And Barack Obama who seeks to redistributed.

Which one do you think -- liberate America's entrepreneurial spirit.

At the other party's convention.

You're gonna hear another -- -- and there champ will be or more years or more years.

Folks we cannot afford four more years.

More years.

Governor -- name.

Governor Romney shows a terrific partner in Paul Ryan of Wisconsin.

And -- -- a close friend a great family man he's got a reformers alerts.

Contrast this to Joseph Biden.

Vice President Biden has told people out of work to -- just hang in there.

So much for hope and change.

Paul Ryan is not asking America to continue to hang in there.

He's proposing new policies that will give lower and middle class families opportunities and hope for the future.

Mitt Romney made his mark turning around businesses solving problems.

Paul Ryan made his mark as a respected -- -- focused on results.

Together they will do what President Obama has not done.

They will lead in breaking through the partisan gridlock in Washington DC.

America give them the chance to restore America's economy.

And restore the American dream.

I see that dream up close.

When I was a kid my dad left his job.

As a salesman for a big company is starting his own business taking a risk.

So forklift trucks.

My mom as a bookkeeper.

He had to borrow money.

-- borrow money from her uncle because the bank wouldn't give him alone.

-- less money the first few years but he never lost his dream.

By the time he retired.

And my brother took over the business had 200 employees.

200 families in southwest Ohio were supported by that business.

This is the classic American story.

Not of government telling us what to do but -- free men and three women willing to work hard and take the risk.

To build something of value.

For themselves their families and their community.

About a year -- under the Obama administration.

I asked my dad whether he would do it again.

He said rob.

With all the uncertainty out there today.

I don't know if I would take the risk.

In that one sentence folks he summed up what I've heard from hundreds of small business owners all across Ohio.

And around this great country.

They're afraid to make the investment and jobs are the casualties.

Ladies and gentlemen.

We need new leadership.

And new policies to bring back the dream and renew America's promise.

No more excuses.

No more blaming others no more waiting.

We need to -- -- rely -- and we need.

Now.

And with your health.

Thank you and god bless our great country.

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