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Romney: We're going in the wrong direction

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    GOP nominee reacts to new jobs report

  • Duration 8:50
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We are joined by governor Romney here in Sioux City ahead of -- an event here in Iowa governor thanks for being here thanks Brett.

-- -- talking about the Democratic Convention and the messaging coming out of there and just a second but today.

The news about the jobs numbers eight point 1% unemployment going down basically because people.

Got out of the job market and 96000.

Jobs created here so.

Well obviously another disappointing.

Monthly figure and I know the White House keeps saying that you can't look at just monthly numbers but if you look over the last several quarters.

The last several years you see the continued pattern which is that we're not creating the jobs.

We need to create.

To put Americans back to work.

For every net new jobs created.

About four people dropped out of the the workforce so we're going in the wrong direction this is a very difficult time for the American people and by the way wages are also not rising so.

No increase in wages declining wages actually declining number of people being able to find work people dropping out of the workforce it's another.

It's another continuation of a very bleak news on the employment front do you think that this weak jobs report.

Will spur of the Federal Reserve into action and how do you think if they do that that might affect the election.

I think it's hard to predict exactly what the Federal Reserve will do.

I don't think there's any action that they're gonna take that we'll have an immediate impact on the economy and frankly I think they've they shot a lot of the monetary bullets and and and those bullets aren't able to strike.

At a target that makes a real difference -- -- that the American worker today what we really need is to have policies coming from Washington.

That are fiscally sound -- -- get America back on track to have -- the kind of financial stability and foundation of economic growth of its people to work.

I've been told you didn't watch the president's speech last night that you read -- Your thoughts about that speech and the overall message in coming -- sure.

Well I was disappointed with a speech.

Of course has been a disappointing four years.

-- there was nothing in the speech that and gives confidence of the president knows what he's doing.

When it comes to jobs and the economy -- -- -- -- Hardly even mentioned jobs -- the economy.

And for that matter there's really nothing that he's done in the last three and a half four years.

-- gives confidence he's knows he knows what he's doing with regards the jobs -- jobs in the economy anyway.

This has been a very disappointing time for the American people.

He in his speech laid out a few new promises.

But the -- promises he gave he did not report on.

And the reason he didn't do that is because he was unable to fulfill your promises to the last convention the city because incomes to rise they've gone down.

He create more jobs we don't have new jobs in America.

We see new businesses start up as a matter of fact -- a thirty year low business startups he was -- -- cut the deficit and a half its double.

Almost every indication of what he -- last time he was running he has not been able to fulfill on what we saw.

And what we read with regressed to last -- speech was a president making new promises which he also will be unable to fulfill and and no new plan no.

No new ideas no new here's how we're gonna get the economy going here here the specifics of what it takes to get -- -- -- Nothing there we know Democrats charge that you didn't provide specifics down in Tampa and -- you're -- the president didn't.

Provide specifics well -- laid up -- five steps I would take to get the economy going.

And I've I've spoken about them throughout my campaign about the five key steps it -- get America's economy created the jobs and rising take -- pay the American people want.

And I can elaborated in great depth on those -- and over that I don't you don't want to hear but but so I'm I'm very specific as to what -- do to get the economy going.

What the president said last night had -- virtually no new steps no indication of what he's gonna do other than.

He really wants things to get better and you hopes to create jobs but not how he's going to do it.

I'd like to address a few specific things said down in Charlotte about you.

One of them President Clinton said that no president could turn the economy around the economy the President Obama inherited.

In four years.

Could you -- Well I -- done a heck of a lot better job than this president hasn't I you know I wasn't elected so that's kind of moot but that the point is when this president was elected.

He and his team announced to the American people that by now we'd have five point 4% unemployment.

Now had he delivered on that promise that was his promise I didn't demand but that number out there he put up for the American people.

Had he delivered on that promise there'd be nine million more jobs in America today there are.

That was his problems so I'm only -- holding him accountable by the measure that he himself put up the American people.

The auto bailout came out as a topic arguably more than any other down in Charlotte.

Democrats think they have a powerful attack against U.

We have heard -- or explanation about structured bankruptcy and to be honest you know it doesn't really fit on a bumper sticker but.

What do you do to attract those voters in Ohio.

And Michigan and other states tied to the car industry.

That may have been swayed by the democrats' messaging.

On this issue.

Well there's a -- chance of debates to talk about truth and fiction.

I don't think many people understand that the president took the car companies into bankruptcy they went into bankruptcy exactly as I propose.

So the difference between us is that I would -- earlier than the president did and save the American taxpayers about twenty billion dollars.

That's a message which which we'll come out of the debates and perhaps it adds I don't read -- that's but the but the message will be.

I communicated to the American people and I think they recognize that when it comes to saving an industry and making more jobs for the American people.

I've got a record that shows I know how to do that and the president has been an office for four years has simply been unable to deliver what -- problem.

Few more things governor to -- several speakers in Charlotte and I don't think this is jump.

They were essentially saying that you don't care about the US military because you didn't mention US troops in the war in Afghanistan in your nomination acceptance speech.

We understand that you -- The American Legion the day before and you talk about the service and sacrifice of the military there.

Do you regret.

Opening up this line of attack and our recurring attack.

By leaving out that issue in this speech.

However great you repeating it day in and day out half half -- I mean we just can't -- normally when you give a speech you don't go through a laundry list to talk about the things that that you think are important denied described in my in my speech by commitment.

To a strong military unlike the president's decision to cut our military and I didn't use the word troops -- you'd use the word military -- Think they preferred the same thing and of course going to The American Legion the day before during the middle of our convention.

They -- -- much bigger statement to our military and our troops.

Then the president who did not go to meet with The American Legion I also spoke to the VFW the week before so what I think -- American military understands that I'm fully supportive of their effort.

And unlike the president.

Who we understand from Bob Woodward's book it was from the excerpts the president was and the White House part of the author of the sequestration idea.

That would slash -- military.

I opposed that idea think it's apps -- to cut our military is the president is doing that.

The last thing.

What's your sense -- this race right now I mean we're sixty days out you -- traveling the country here in Iowa today.

What's your sense where things are and how important those debates.

Will be.

Well I think cat people make up their mind as we go on here I can't tell you when memorable have settled down a lot of people make their mind up until the day before the election of the day of the election.

But it's a horse race we've got to two candidates that would that take our nation and in different directions.

My direction is one that encourages the private sector again to create jobs.

And the history of America has been a powerful and robust economy with great jobs and rising wages based on a strong private sector.

The president's plan is to build a bigger government.

I don't know any nation on earth.

That succeeded in creating a strong middle class with rising wages based on building -- stronger and bigger government.

So we've got different paths ahead of us.

And I think -- People can look at the success of the president's path by looking at his record.

Over the last four years if they like that the direction they've seen if they think we're headed in the right direction why he may be their guy.

But I think if if they take a look at the last four years they'll conclude we are not better off than we were four years ago and that means they'll support me.

Governor we know you have a busy day here in Iowa we really appreciate -- time -- time to us thank you very much Johnson to back do you remember tonight our special report we'll have more of this entire -- with governor Romney.

We'll send -- back to you.