Friday, November 2, 2012

The Full Feed from HuffingtonPost.com: Mitt Romney: Recession May Repeat Under Obama Second Term

The Full Feed from HuffingtonPost.com
The Full Feed from HuffingtonPost.com
Mitt Romney: Recession May Repeat Under Obama Second Term
Nov 2nd 2012, 16:15

WASHINGTON -- Mitt Romney said Friday that the nation may be headed for another major economic turndown if President Barack Obama is elected to a second term.

"The same path means $20 trillion in debt, crippling unemployment, stagnant take-home pay, depressed home values, and a devastated military," he said during a stop in West Allis, Wis. "And unless we change course, we may be looking at another recession."

Job numbers out Friday showed 7.9 percent unemployment, a slight uptick since last month. Though the increase was minimal -- and just a tenth of a percent higher than when Obama took office -- Republicans have used it as evidence that the economy is getting worse, putting the blame on the president.

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