President Barack Obama’s approach to solving the nation’s financial emergency has been nothing more than “one of the biggest peacetime spending binges in American history,” according to potential Republican presidential candidate Mitt Romney.
In an Op-Ed for the New Hampshire Union Leader, the former Massachusetts governor blasted the president and the administration for failing to lead the country out of the fiscal mess it’s currently stuck in.
“The administration has massed the debt worse, hindered economic recovery and needlessly cost American workers countless jobs,” Romney wrote. “We are not on a sustainable course… The only way to avert [a fiscal crisis] is to take action that is rooted in the need to reduce spending.”
Romney has been a clear front-runner among the extensive line-up of Republican 2012 potentials, according to recent polls. In a McClatchy/Marist poll, Romney led all Republican candidates with 18 percent support from likely voters and fell by just one percentage point to Obama, raking in 45 percent support versus Obama’s 46 percent, the smallest margin by any GOP presidential hopeful.
“The Obama administration may not be serious about addressing the problems that have caused the S&P downgrade, but in less than two years the voters will reel us whether the will issue a decisive downgrade of their own,” Romney said.