Mitt Romney accuses President Obama of blocking ‘economic freedom’
(Spencer Green/AP)Seeking to elevate his candidacy back to a general election fight against President Barack Obama, Mitt Romney accused the president of hampering the nation's "economic freedom" and slowing the nation's recovery by proposing tax increases and expanding government bureaucracy.
In a speech at the University of Chicago, where Obama once taught law, Romney insisted the nation's "status" and "standing" are at peril because of the Obama administration's policies.
"The Obama administration's assault on our economic freedom is the principal reason why the recovery has been so tepidwhy it couldn't meet their projections, let alone our expectations," Romney said. "If we don't change course now, this assault on freedom could damage our economy and the well-being of American families for decades to come."
[Related: Romney pulls ahead in Illinois, Santorum to spend primary night in Pennsylvania]
The speech, delivered just one day before Illinois' Republican presidential primary, made no direct mention of Rick Santorum, Romney's chief rival for the GOP nomination. But Romney used the moment to double down on his argument that he's the best-equipped candidate in the race to defeat Obama and lead the nation's economic recovery.
The former Massachusetts governor accused the Obama administration of standing in the way of Americans who are trying to build their businesses. He suggested that "pioneers" like Thomas Edison, the Wright Brothers, Bill Gates and Steve Jobs would have found it "much more difficult, if not impossible" to carry out their dreams under regulations enacted by the Obama administration and Congress.
'Some of America's greatest success stories are of people who started out with nothing but a good idea and a corner in their garage," said Romney. "Too often today, Americans look at what it takes to start a business and they don't see promise and opportunity. They see government standing in their way. The real cost isn't just the taxes paid and money spent complying with the rules. It's the businesses that are never started, the ideas that are never pursued, the dreams that are deferred."
In a question and answer session after his speech, Romney repeated a statement that he's made several times recentlyinsisting that he doesn't understand how young people could vote for a Democrat for president. Among other things, he attacked Obama and Congress for not proposing any concrete measures to make Social Security solvent for future generations.
"You may not like my ideas, but at least I put ideas out there," Romney said.
More popular Yahoo! News stories:
More:
Mitt Romney accuses President Obama of blocking ‘economic freedom’
- Video 1 "THE EVIL OF INCOME TAXES" - Video - May 31st, 2012 [May 31st, 2012]
- Ron Paul Real Plan VS Mitt Romney empty Promises - Video - May 30th, 2012 [May 30th, 2012]
- Stop Job Killng Regulations from DC. Conservative Common Sense from Maria Sheffield. - Video - May 30th, 2012 [May 30th, 2012]
- It’s Tax Freedom Day…unless you happen to be super rich (in which case it came and went some time ago) - May 30th, 2012 [May 30th, 2012]
- Car dealer arrested in $9 million tax fraud case - May 30th, 2012 [May 30th, 2012]
- Tax Freedom Day: Today is the first day this year we earn for ourselves instead of the taxman - May 30th, 2012 [May 30th, 2012]
- Milton Friedman - Tyranny of the Status Quo - Part 3 - Politicians - Video - May 29th, 2012 [May 29th, 2012]
- TAX REVOLT MARCH ON WASHINGTON DC ON 9.12.09 - Video - May 29th, 2012 [May 29th, 2012]
- In Depth with Milton Friedman w/ Q - May 29th, 2012 [May 29th, 2012]
- David Love - May 29th, 2012 [May 29th, 2012]
- Advancing The Way... - Video - May 29th, 2012 [May 29th, 2012]
- Ron Paul: The "Ex-PATRIOT" Act - America's Berlin Wall for Tax Refugees - Video - May 29th, 2012 [May 29th, 2012]
- Today is tax freedom day - May 29th, 2012 [May 29th, 2012]
- UK & World News: 'Tax Freedom Day' 48 hours later - May 29th, 2012 [May 29th, 2012]
- Shove off into a corner - May 28th, 2012 [May 28th, 2012]
- The ultimate freedom - May 28th, 2012 [May 28th, 2012]
- Next stop for wounded vets: Freedom Station - May 27th, 2012 [May 27th, 2012]
- Student Loans Chief To Stand Down Over Tax Controversy - May 26th, 2012 [May 26th, 2012]
- C.T. Weber, Peace and Freedom Party - May 26th, 2012 [May 26th, 2012]
- Delinquent tax letter released pursuant to FOIA - May 26th, 2012 [May 26th, 2012]
- New bill may tax strip clubs to pay for rape services - May 25th, 2012 [May 25th, 2012]
- Democrats lack backbone in their tax policies - May 25th, 2012 [May 25th, 2012]
- India, US systems of ‘search & seizure' - May 25th, 2012 [May 25th, 2012]
- Reznick Group, J.H. Cohn LLP Announce Merger - May 23rd, 2012 [May 23rd, 2012]
- Average salary in Greece down 23 per cent in 2012, tax study finds - May 23rd, 2012 [May 23rd, 2012]
- LEAD: Salaries in Greece down 23 per cent in 2012, tax study finds Eds: Adds Eurostat figures on eurozone taxation - May 23rd, 2012 [May 23rd, 2012]
- Hunterdon tax administrator job pays $100,000 less than candidate thought - May 23rd, 2012 [May 23rd, 2012]
- 'Road To Freedom': Moral Debate For Free Enterprise - May 23rd, 2012 [May 23rd, 2012]
- Tax credits denied for Kerrville VA housing - May 23rd, 2012 [May 23rd, 2012]
- Homeowner wants computer data on tax assessments - May 20th, 2012 [May 20th, 2012]
- Eduardo Saverin and Team Freedom Versus Team State - May 20th, 2012 [May 20th, 2012]
- For Ontarians, a Successful Retirement Requires a Debt Freedom Plan - May 15th, 2012 [May 15th, 2012]
- Issac J. Bailey | Bike rallies demonstrate our freedom to get on each other’s nerves - May 15th, 2012 [May 15th, 2012]
- ‘Bad food’ taxes would help clog our economic arteries - May 15th, 2012 [May 15th, 2012]
- Veterans group sues housing board - May 12th, 2012 [May 12th, 2012]
- B.C. tax protester sentenced to 4.5 years in jail - May 12th, 2012 [May 12th, 2012]
- Restrictions On Italian Private Tax Collectors Declared Illegal - May 12th, 2012 [May 12th, 2012]
- Morriss: Attack of the Nanny State - May 12th, 2012 [May 12th, 2012]
- Tax Collector's Office Receives Worksite Wellness Award - May 12th, 2012 [May 12th, 2012]
- UK companies cut secret tax deals - May 12th, 2012 [May 12th, 2012]
- Highlight: Tax reform legislation passed - May 9th, 2012 [May 9th, 2012]
- Tax Cheats Troll Public List for Dead Kids’ Identities - May 9th, 2012 [May 9th, 2012]
- New book helps individuals find freedom through lucrative tax advantages of owning business - May 9th, 2012 [May 9th, 2012]
- Bramnick: Reducing Taxes is the Best Way to Keep People in NJ and Stay Competitive - Video - May 2nd, 2012 [May 2nd, 2012]
- Letter: Tax Day Freedom Rally - April 23rd, 2012 [April 23rd, 2012]
- Runner: Little to celebrate on Tax Freedom Day - April 23rd, 2012 [April 23rd, 2012]
- Freedom Report: Tax Day Candidate Catch Up - Video - April 19th, 2012 [April 19th, 2012]
- Utah and Tax Freedom Day 2012 - Video - April 19th, 2012 [April 19th, 2012]
- Filed your taxes yet? As of today, you've also worked enough to pay them - April 19th, 2012 [April 19th, 2012]
- Californians work 110 days to pay tax bill - April 19th, 2012 [April 19th, 2012]
- La. celebrated Tax Freedom Day earlier than most - April 19th, 2012 [April 19th, 2012]
- Tax Freedom - April 19th, 2012 [April 19th, 2012]
- Ron Paul Statement on Tax Freedom Day - April 19th, 2012 [April 19th, 2012]
- Voters in St. Louis, KC Agree to Keep Earnings Tax - April 1st, 2012 [April 1st, 2012]
- Lessons of the Lenten season: Emulate Jesus in the struggle for freedom (Media Statement) Saturday, March 31, 2012 03 ... - March 31st, 2012 [March 31st, 2012]
- Tax break frozen as judge hears dispute on assessment of Wood River Refinery - March 31st, 2012 [March 31st, 2012]
- Freedom House: Ukraine President Yanukovych Eliminates Opposition - March 31st, 2012 [March 31st, 2012]
- FREEDOM FROM FOSSILS: Fuelling the Future - March 31st, 2012 [March 31st, 2012]
- Austrian Lower House Backs Savings Package - March 30th, 2012 [March 30th, 2012]
- DVNF Urges Businesses to Take Advantage of Financial Benefits and Tax Credits Available to Them for Hiring Veterans - March 29th, 2012 [March 29th, 2012]
- Pasty tax: as it happened March 28 - March 29th, 2012 [March 29th, 2012]
- Opposing view: Overturn IRS license scheme - March 29th, 2012 [March 29th, 2012]
- Now on J-Source: Tax tips for freelancers; Linking liability; CBC goes online-only in Hamilton - March 29th, 2012 [March 29th, 2012]
- Revenue concerns over fairness of foreign executives' tax break - March 28th, 2012 [March 28th, 2012]
- Health-care freedom can be costly - March 28th, 2012 [March 28th, 2012]
- Eastland Drops Appeal of Freedom Twp. Re-assessment - March 28th, 2012 [March 28th, 2012]
- How Florida's taxes compare to other states - March 28th, 2012 [March 28th, 2012]
- High court is skeptical of ‘tax’ in health care law - March 27th, 2012 [March 27th, 2012]
- Their View: New Mexico needs more economic freedom - March 26th, 2012 [March 26th, 2012]
- Thousands of BBC workers paid through limited companies - March 23rd, 2012 [March 23rd, 2012]
- State AG investigating local tax offices for excessive fees - March 23rd, 2012 [March 23rd, 2012]
- Spain edges closer toward freedom of information law - March 23rd, 2012 [March 23rd, 2012]
- PLS LEGAL Thousands of BBC workers paid through limited companies - March 23rd, 2012 [March 23rd, 2012]
- Judge shuts down Charlotte tax preparation company - March 23rd, 2012 [March 23rd, 2012]
- Spain moves toward freedom of information law - March 23rd, 2012 [March 23rd, 2012]
- Granny tax backlash: Fury as full scale of Chancellor's raid on pensioners emerges - March 23rd, 2012 [March 23rd, 2012]
- Australian Tax: Running Government at a Profit - March 23rd, 2012 [March 23rd, 2012]
- What price freedom (of information)? - March 22nd, 2012 [March 22nd, 2012]
- Newspaper tax breaks to end? - March 22nd, 2012 [March 22nd, 2012]
- House panel backs end to newspaper tax breaks - March 22nd, 2012 [March 22nd, 2012]