10/16 Presidential Debate

Just in case you missed the 10/16 Presidential debate: 

Energy
Obama - I'm all for pipelines
Mitt & Obama fumble - Questions: awk
"bring back manufacturing to America"

Taxes
Mitt: Importance to the middle class

• wants to bring the rates down
• middle income tax payers to have lower taxes
•  incomes go down while health insurance and gas goes up, thus great need for relief to middle income families 
• limit deductions for people at the high end, not pay less than pay now 
• middle people get a tax break. No more taxes on savings. 
• Presiden'ts spending and borrowing will increase the taxing on everyone
• Mitt will get us on track to a balanced budget

Obama: Middle class relief

• cut taxes for middle income by 3600
• "Moral obligation to the next generation." 
• "The wealthy must do a bit more." 
• 97% will not see a tax increase. 
• "His (Romney) allies want tax breaks for the top two percent." 
•  "We have a different theory." Tax cuts, not tax rate cuts, says Obama about Mitt.

[Always pointing the finger]

Chuckle.

Not cut taxes for wealthy people, for middle end people. if you bring rates down, it makes it easier to keep the people employed. Taxed as individuals, when the rates are brought down, it helps the businesses as well.

How is it payed for: 
Obama: 

• "You wouldn't have taken such a sketchy deal (on investments), and neither would you" (America). "You will lose deductions. It doesn't add up."

Mitt: 

• "Of course they add up... I balanced the budget." 
• "How about four trillion of deficits? That's math that doesn't add up." 
• His plan is foreign.  10 trillion to 16 trillion of national debt. "Road to Greece."

Women in workforce
Obama:

• "She didn't complain, that's not what you did in that generation." (referring to his uneducated grandmother as a VP position at a bank training people who would be making salaries higher than her.)

Mitt:

• "Sometimes you need to be more flexible."  (New employers in the economy that I am going to have.) 
• Strong economy, so strong that the employers are looking for good employees. 

Obama:

• basically said that Romney was not a good advocate. Pocket-book issue for women, health programs. 
• "These are family issues; these are economic issues."

Mitt: employers do not get to decide on Planned Parenthood

[Obama obviously wants fairness--he wants the timekeeper to keep time.]

Differentiate between George Bush
Mitt:

• 5 point plan
• new technology gives different energy sources
• trade, in Latin America - more free trade agreements
• balanced budget
• small business - taxes down. grow and hire people

Obama:

• Romney is aiding Chinese companies that will spy on us.

Obama:

• "so the point is the commitments I've made, I've kept.
  And those that I haven't been able to keep, it's not for lack of trying and we're going to get it done in a second term."
  Read more: http://www.politico.com/news/stories/1012/82484_Page5.html#ixzz29azW74nI

• I have done everything that I said I would do. But everything that I was not able to do that I said I was going to, I will do in the next four years.

Mitt: This is a debate over: "Who can get the middle class a prosperous future?"

... And then I realized that I still had a ton of homework to do so I cut out on the topic of Immigration.