Monday, October 22, 2012

Live Blogging Presidential Debates -- Part Eight

Romney goes back to the trade situation vis-a-vis the domestic situation and the American economy.
"It's not government that makes business successful It's not government that makes business grow and thrive."
He says he will declare China "a currency manipulator on day one."
He hits hard on the trade imbalance with China.
"We can't just surrender and lose jobs year-after-year to China," Romney argues.
And then he talks about counterfeit China products actually sold as American products.
And what does Obama have to say? He goes back to Romney's alleged investments in China.
So now we have an argument over the auto industry and what was Romney's plan for a "managed bankruptcy" of the auto industry.
And Romney shoots back and rolls out the facts of f-a-i-l-u-r-e of the Obama administration. "It's just a tragedy in a nation as prosperous as ours that people are suffering the way they are."

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