Romney For President - Romney campaign response to the latest false attack from President Obama in NH

President Obama is launching another false attack in New Hampshire today. If you are covering his speeches, please feel free to use the following response for your stories. The pictures below from local small businesses are available for you to use as well.  Thanks! 

Local small business next to the Manchester Airport entrance says “We Built This Mr. President”

 

Local small business in Windham, NH says “We Did Build It!” as the presidential motorcade rolls through

 

View from the motorcade: Romney/Ryan supporters in Windham, NH

"Following news that 44 out of 50 states saw their unemployment rates rise, it is not surprising the President is launching yet another false attack.  The fact is President Obama wants to raise taxes on private investment and job creators, which will lead to higher unemployment and fewer jobs. The Romney-Ryan Plan eliminates taxes for the middle class on interest, dividends and capital gains and implements pro-growth policies to deliver more jobs and more take-home pay for middle-class families." –Ryan Williams, Romney Campaign Spokesman

President Obama’s Tax Hikes Will Cost Americans 710,000 Jobs, Including Thousands Of Jobs In New Hampshire:

 

President Obama’s Tax Hikes Would Subject 2.1 Million Business Owners To Higher Taxes And Would Jeopardize 710,000 Jobs. “Researchers determined the plan would actually subject 2.1 million business owners to higher rates; specifically, those who pay pass-through taxes, like most partnerships, LLCs and S-Corporations. The result, less capital in the hands of business owners and diminished labor supply, would cost the United States an estimated $200 billion in economic output and 710,000 jobs.” (J.D. Harrison, “Obama Plan To Lift Top Tax Rates Would Plague Millions Of Small Businesses, Study Warns,” The Washington Post, 7/17/12)

 

President Obama’s Plan To Raise Taxes Would Cost New Hampshire 3,400 Jobs. (Drs. Robert Carroll and Gerald Prante, “Long-Run Macroeconomic Impact Of Increasing Tax Rates On High-Income Taxpayers In 2013,” Ernst & Young LLP, 7/12)

 

  • ·         President Obama’s Plan To Raise Taxes Would Cost New Hampshire Nearly $1 Billion In Lost Economic Output.

 

President Obama’s Tax Plan “Would Hurt Small-Business Job Creators In Particular.” “New research, released today by the National Federation of Independent Business, shows that allowing tax relief on the top individual rates to expire will hurt job creation and the economy. The report, published by top accounting firm Ernst & Young, shows raising top individual rates would hurt small-business job creators in particular.” (NFIB, Press Release, 7/17/12)

 

President Obama’s Tax Plan Will Increase Taxes On Small Businesses To As High As 41%. “But Mr. Obama is demanding tax increases, not tax cuts, and large increases at that. If the Bush tax rates expire as scheduled on December 31, rates on the top two income brackets will jump to 39.6% from 35%, and 36% from 33%. Add the scheduled return of income phaseouts for exemptions and deductions, and the rates go up another two-percentage points—to at least 41% and 35%.” (Editorial, “Off The Tax Cliff He Goes,” The Wall Street Journal, 7/9/12)

 

And Americans Are Already Suffering With Higher Unemployment And Stagnant Economic Growth:

 

In July, The Unemployment Rate Increased In 44 States. “Forty-four states recorded unemployment rate increases, two states and the District of Columbia posted rate decreases, and four states had no change, the U.S. Bureau of Labor Statistics reported today.” (U.S. Bureau Of Labor Statistics, “Regional And State Employment And Unemployment -- July 2012,” Press Release, 8/17/12)

 

  • ·         In July, New Hampshire’s Unemployment Rate Increased From 5.1 Percent To 5.4 Percent, As The State Lost 2,600 Jobs. (Bureau Of Labor Statistics, Accessed 8/17/12)

 

“By Just About Any Measure,” President Obama Has Presided Over A Feeble Economic Recovery. “The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression. Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest. The ugliness goes well beyond unemployment, which at 8.3 percent is the highest this long after a recession ended.” (Paul Wiseman, “Economic Recovery Is Weakest Since World War II,” The Associated Press, 8/15/12)

 

CBS News: “This Is The Worst Economic Recovery America Has Ever Had.” PELLEY: "This is worst economic recovery America has ever had. We've been looking for hopeful signs, but today the chairman of the Federal Reserve threw a cold splash of reality on those hopes. Ben Bernanke said any improvement in unemployment will 'likely be frustratingly slow.' Well, yes, to say the least." (CBS’s “Evening News,” 7/17/12)