Obama on Romney’s `Sketchy Deal’ vs. Romney on Obama’s Bad Deal

Photograph by Michael Reynolds-Pool/Getty Images

President Barack Obama and Mitt Romney during a town hall style debate at Hofstra University on Oct. 16, 2012 in Hempstead, New York.

“In Iowa, you can vote today,” President Barack Obama told a college campus crowd in Iowa today, encouraging students to go out and do just that.

“I’m still trying to get the hang of this debate thing,” the president said at Cornell College in Mount Vernon the day after the second of three televised debates with Republican Mitt Romney. And today he was repeating his debating line about Romney, whom Obama accuses of having “a one-point plan” — an economic strategy that favors the upper-class.

Romney, campaigning in Chesapeake, Virginia, today said that Obama “spends most of his time trying to talk about how my plan won’t work.” What about Obama’s plans? Romney asked — maintaining they haven’t worked for four years.

The two took their post-debate stages simultaneously today in two of the swing states that will matter most on Election Day.

“His tax plan doesn’t add up,” Obama said of Romney. “His jobs plan doesn’t create jobs. His deficit plan doesn’t reduce the deficit… You’ve heard of the New Deal. You’ve heard of the Fair Deal… Mitt Romney’s trying to sell you a sketchy deal.”

“We’d take America to two different places,” Romney said. “One is, the president will put an America in place that has about $20 trillion in debt. If I’m elected president, I’m going to take action” to balance the budget.

“This election is going to come down to being a choice between two different Americas,” he said — one in which government “runs our lives,” the other in which the nation’s God-given rights are restored.

“I want to give more Americans a chance to get a great education and the skills they need,” Obama said. “I’m only here because of a great education.”

“In 20 days, we’re going to decide how much debt we want to leave to our kids,” Romney told his audience.

“We can’t just cut our way to prosperity,” Obama said, maintaining that investment in education and other resources are essential, and that the deficit cannot be reduced without asking higher-income Americans to “pay a little bit more.”

“Back in 2008, it started here in Iowa,” said Obama, whose first presidential campaign was launched in the state’s Democratic Party caucuses. “You can choose to turn back the clock 50 years for immigrants, and for gays and blacks and women,” he said, or continue the “change” for which his supporters have voted. “That’s what’s at stake in this election.”

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