One set of exchanges at the presidential debate that’s not likely to get much coverage was over how Romney and Obama would bring back good jobs.

Romney: “…if we do what I am planning on doing, which is getting us energy-independent, North American energy independence within eight years, you’re going to see manufacturing come back jobs because our energy is low-cost. They’re already beginning to come back because of our abundant energy.”

Romney went on to say that getting tough on China would also bring back jobs by leveling the playing field on currency.

Obama:  “Candy, there are some jobs that are not going to come back, because they’re low-wage, low-skill jobs. I want high- wage, high-skill jobs. That’s why we have to emphasize manufacturing. That’s why we have to invest in advanced manufacturing. That’s why we’ve got to make sure that we’ve got the best science and research in the world.”

Obama’s view of energy was that we need to invest in alternative fuels and technology, not just drill and spill our way to prosperity.

Which is the more forward thinking world view when it comes to advancing the economy? Protectionism and the same old energy strategy, or investment and research?  Seems obvious to me.

Read the debate transcript for more clues. They’re in there.

 

 

3 Responses to Obama and Romney on GOOD Jobs

  1. Reader says:

    Dan, it sounds like you’re implying that there would be NO investment or research in alternative energy under a Romney Administration. That’s far from true. The investment and research would be funded by the private sector, not by you or me. Markets will always find the most efficient energy sources. Where the government tries to do so, you’ll end up with Solyndras and other pet projects. Markets simply know far more than the government ever will, and the next time the President acknowledges this irrefutable fact will be his first.

  2. DaTroof says:

    Gee Dan, Obama’s plans for jobs are working great so far. 23 million unemployed and underemployed. Put down the koolaid long enough to listen to an experienced problem solver who actually got things done. We tried the empty suit community organizer approach. How’s that hope and change workin’ out for ya?

  3. old capitalist says:

    Obvious to you Dan. To those of us paying a $1,000 a month to heat our homes and drive to work while constantly hearing that another taxpayer funded, politically connected alternative energy company has gone bankrupt doesn’t seem so obvious to us.

    Protectionism? You are one of those fair share guys, are you now implying you do not believe in fair trade? You do understand, I hope, that currency manipulation by China is a factor in our manufacturing jobs being outsourced to them.

    Calling the current administrations economic plans visionary in light of the staggering ever increasing debt that will be passed on the the next generation is beyond comical.