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No Debate: The World’s Leader Needs a Growing Economy

February 1, 2013 by Matthew Denhart
The third and final presidential debate was dedicated to foreign policy, but the candidates did not shy away from discussing domestic economic policy. Asked about the role of America in the world, both Governor Romney and President Obama agreed the U.S. must remain the world’s leader. Romney spoke first and made the case that the U.S. economy must be strong and growing for the country to retain its position as the world’s leader. Romney lamented the country’s high unemployment, slow growth, and lack of opportunities for new college graduates during the past four years under President Obama’s administration. Romney said that he has a plan to create 12 million new jobs and rising take-home pay for workers. Romney's five-point plan is available on the campaign’s website here. President Obama agreed that a strong domestic economy is essential to American leadership abroad. One area the president said is key to a strong economy is education, a topic not discussed much in the previous debate. Obama argued that his policies have increased funding for education and supported strong teachers. He continued by accusing Romney of not believing that increasing the number of teachers nationwide contributes to economic growth. You can learn more Obama’s economic proposals, including education, here. Both candidates clearly believe that economic growth is important to America’s future. The contrast is over which policies will create that growth. We are two weeks from the election, and it is our hope that Americans across the country will continue learning more about economic growth.

Author

Matthew Denhart
Matthew Denhart

Matthew Denhart is an expert on immigration policy and is the author of the Bush Institute’s America's Advantage: A Handbook of Vital Immigration and Economic Growth Statistics, now in its third edition. He currently serves as executive director of the Calvin Coolidge Presidential Foundation and is a founder of the Coolidge Scholars Program which provides full-ride merit scholarships to America's most promising college students. A summa cum laude graduate of Ohio University, Denhart has written and spoken widely on a variety of policy topics including the economics of higher education, labor, and taxes. He has contributed articles to numerous national publications including The Wall Street Journal, Forbes.com, CNN Opinion, and Bloomberg View. 

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