2012 Presidential Debate: Domestic Policy


I love men in suits. I love good looking older men in suits. I love to hear intelligent men debate back and forth on what they are passionate about. So of course I eagerly awaited the debates. Tonight was the first of 3 Presidential Debates. I took notes during the debate so excuse my shorthand and if I may have left out some of what was said. I assure you, I tried to take notes as unbiased as possible. Tonight’s debate was moderated by Jim Lehrer, the host of NewsHour on PBS, and it was hosted by the Univ. of Denver in Denver, Colorado.

My Notes on tonight’s debate:

1)      What are the major differences between the two of you, in how you will create jobs?

Obama: invest in education and training, change tax codes, reduce deficits in balanced way, build up middle class

Romney: 5 basic parts -> 1) get US energy independent, 2) open S. America for trading and crack down on China, 3) work on education, 4) balance the budget, 5) champion small business and will not cut taxes for the wealthy

O: improve education system, keep tuition low, 2) lower corporate tax code, 3) look at energy sources like wind, solar, for the future

R: adamantly denies a $5 trillion tax cut and denies helping wealthy; claims gas, food, health care, etc. has gone up under Pres. Obama; wants to use clean coal, wants to open up gas lines in Alaska and bring in gas from Canada

O: Claims Romney can’t identify how he’s going to close loopholes and deductions from wealthy

R: will not reduce taxes paid by high income and will not increase taxes on middle class income; wants to bring down rates b/c small businesses are hurting b/c they are taxed at individual tax rates

O: wants to go back to Clinton’s tax cuts

2)      What are the differences between the 2 of you, in how you are going to go about taking the deficit in the country?

R: 1) raise taxes, 2) cut spending, 3) lower spending

i.    Will eliminate all programs that require borrowing money from China

ii.      Will make gov’t run more efficient by combining agencies

iii.      Claims President Obama has raised the deficit more than any other President in history

O: Said he came into the office which was already struggling from 2 wars being paid by credit card. Wants the wealthy to contribute more by raising taxes.

R: when you are in a recession, you shouldn’t raise taxes on anyone. When you raise taxes, you kill jobs. Raise revenue by providing more jobs.

O: Wants to take a balanced responsible approach. Oil industry gets $4 billion deductions…want to eliminate tax breaks for corporations. Don’t give tax cuts to companies who move production overseas. Help young people so they can afford to go to college.

R: Would like for states to manage Medicaid themselves, instead of the federal gov’t telling the states what to do with the money.

3)      Do you see a major difference between the 2 of you on Social Security?

O: The basic structure of SS is sound. Don’t overpay insurance companies and providers, which lowered prescription cost.

R: Neither President or himself, are proposing any changes to current retirees. Claims Pres. Obama is reducing the program by $760 million.

O: Claims Romney will turn Medicare into a voucher program for future retirees. Which would give a voucher to seniors who can go out in marketplace and buy their own insurance, but problem is that voucher won’t keep up with inflation. Private insurance will also only recruit healthy seniors, while the others will be limited to Medicare and in the end, the Medicare system will collapse.

R: Doesn’t want to change Medicare for retirees but wants to give people in the future to have a choice between Medicare and a private insurance company. This provides competition into the Medicare world.

O: Seniors are generally happy with Medicare and private insurance has higher administrative costs and also needs to be paid. AARP claims that Romney’s plan weakens Medicare.

4)      What is the view on federal regulations?

R: Regulations is essential for free economy. Thinks regulations should be changed in some areas and kept the same in others. Wants to replace some parts of Dodd Frank

O: The reason we are in such an enormous economy crisis is because of banks making money and churning out things, even they didn’t understand, so he regulated banks. Banks now how to repay all the help they received with interest.

R: Dodd Frank is killing small banks.

5)      Romney wants the affordable health care act repealed, why?

R: The cost of health care needs to be dealt with and said that Obama care is increasing the cost of health care and insurance. Cuts $760 million from Medicare. Doesn’t like the idea of an elective board which tells people what procedures they can get. Also doesn’t like how it kills jobs. Wants to craft a plan at the state level that best benefits the state.

O: Group plans lower costs. Agrees that Mass. Had a successful group plan under Gov. Romney.

R: Claims Pres. pushed through a plan without a single Republican vote. Elaborated on the successes of his health care system in Mass. Some studies have shown that Obama care will cause people to lose jobs. Something this big has to be down on a bi-partisan basis.

O: This plan was a bipartisan affair and in fact was a Republican idea. The elective board is a group of doctors, health care experts, etc. who will try to determine how to tackle health care crisis and make costs of health care more effective. Healthcare premiums have gone up in the past 2 years but this is the slowest they have gone up in the last 15 years. Romney hasn’t described what he will replace Obama care with.

R: That he will be keeping certain aspects of Obama care such as,  1) preexisting conditions covered 2) young people can stay on family plan.

O: Calls Romney out for not detailing what he will replace Obama care with. He claims that the reason why Romney is keeping his “plans” secret is not because they are good.

R: Wants to lay out principles he wants to foster instead of coming in and telling people it’s “his way or the highway.” The fed’l gov’t coming in and taking care of health care for the entire nation should not be the way we go with health care.

6)      Do you believe there is a fundamental difference in how you see the role of the federal gov’t?

O: 1) keep the citizens safe 2) create frameworks where citizens can succeed with free market but also thinks that if all Americans get opportunities the we will all benefit, 3) reform schools that are struggling and need more teachers

R: Mass. Is ranked #1 in schools. Role gov’t is promote and protect the constitution and declaration of independent…1) will not cut military 2) right for elders to be cared for 3)right to pursue individual dreams

7) Does fed gov’t play a role in education?

R: Wants fed’l funds to follow children

O: Completing training programs for jobs. Making college affordable

R: not making any changes to college tuitions. Questions why Pres put $90 billion in green jobs where a lot of failed, instead of putting the money into teachers and schools. Thinks we should grade schools so parents see which schools are failing.

8)      Many of the legislative functions of fed’l gov’t are gridlocked. What would you do about that?

R: Sit down on day 1 and sit with both democrats and rep leaders to work together and find common ground.

O: will take ideas from anybody who will advance middle class families. That’s how we ended up war on Iraq and closing war in Afghanistan. Initiated 3 trade deals around the world to help promote USA goods. Being a leader is about having a plan.

Closing Statements:

O: Has faith in the American public. Wants everyone to play by the same rules and gets a fair shot at everything. Promised to fight every single day for the middle class like he has been doing in the last 4 years.

R: What kind of American do you want for you and your children…but 2 paths lead in very different directions. Thinks middle class will be squeezed under Pres, there will be chronic unemployment, Obama care will change health care, there will be a $716 million cut to health care, there will be dramatic cuts to military.

My Personal Thoughts: 

Overall, I thought the presidential debates went very well tonight. I also found it interesting that Romney wore a red tie, which happened to match his crisp and strong demeanor tonight…while President Obama wore a blue tie, which also seemed to match his calm and collected attitude. The economy is a hot topic right now and both candidates know how important it is to win the middle class and they both reiterated over and over again what they would do to help out the middle class. Most Democrats love President Obama with a passion and while I can’t say that most Republicans love Romney…it seems clear that most Democrats will vote for President Obama and most Republicans will vote for whoever is running against the President.

So those are not the people who the President and Governor Romney are trying to sway. They are trying to sway and reach out to people like me, the Independents who could vote either way and who really make the difference in who wins the elections. I am 90% sure that I will be voting for President Obama this coming November….but with that being said I was extremely impressed by Romney tonight.  He came out strong, confident, and made sure to get his point across…even to the point of talking over the moderator. Even though the President called him out for not having a plan or strategy on health care and  improving job growth, I disagree….Romney did lay out the skeletons of his plan and I think Romney defended himself very well by repeating his successes in Massachusetts and by stating that he wants to work with everyone instead of making it “his way or the highway.” On the other hand, I don’t think the President came out as strong and he did not do a good job in explaining how he would get the economy back on track or even what he would do different in the next 4 years. The polls show that Romney is trailing behind the President, but I think that this debate has slowly closed that gap. The President was counting on making Romney seem less credible  but I think the President under estimated Romney tonight. From news commentary, it seems that the Republicans were very pleased with Romney and the substance of his debate. He has also  restored their confidences in him. If Romney continues to fire at the President just as strongly in the next 2 upcoming debates, as he did tonight, he will definitely win over a lot of indecisive Democrats and quite a few Independent voters and this upcoming election will be a very, very close one.

Next Debate:

Oct. 11th: Vice Presidential Debates

Topic: Foreign and domestic policy
Air Time: 9:00-10:30 p.m. Eastern Time
Location: Centre College  in Danville, Kentucky (Tickets )
Sponsor: Commission on Presidential Debates
Participants: Vice President Joe Biden and Congressman Paul Ryan
Moderator: Martha Raddatz (ABC News Chief Foreign Correspondent)

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Posted on October 3, 2012, in A Penny for my Thoughts, Hot Topics and tagged , , , , , , , , , . Bookmark the permalink. 2 Comments.

  1. I’m a non-partisan and am still undecided. Ugh! Running out of time here.

  2. Re Job Creation, R said:
    – will not cut taxes for the wealthy
    – will not reduce taxes paid by high income

    Re deficit issue, R said:
    1) raise taxes, 2) cut spending, 3) lower spending
    i. Will eliminate all programs that require borrowing money from China

    I am not a USA citizen, but why I sorta see a personality disorder here?
    why will not cut taxes for the wealthy is related to job creation?
    ok, if taxes paid by high income is not gonna be reduced, where to get the taxes to reduce deficit?? He said no tax raises for category…

    Plus, if he is gonna cut all programs that require borrowing money from China, there are a hell lot of programs have to be cut. And who else on earth has to the money you can borrow from????

    Come on, be realistic!!!! This is total BS.

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