The Corner

Romney: Obama Economy ‘A Moral Failure of Tragic Proportions’

“Free enterprise” is the theme of Mitt Romney’s speech in St. Louis, Missouri today. An excerpt of the speech:

 

… Our freedom, what it means to be an American, has been defined and sustained by the liberating power of the free enterprise system.

That same system has helped lift more people out of poverty across the globe than any government program or competing economic system. The success of America’s free enterprise system has been a bright beacon of freedom for the world. It has signaled to oppressed people to rise up against their oppressors, and given hope to the once hopeless.

It is called the Free Enterprise System because we are both free to engage in enterprises and through those enterprises we ensure our freedom.

But sadly, it has become clear that this President simply doesn’t understand or appreciate these fundamental truths of our system. Over the last three and a half years, record numbers of Americans have lost their jobs or simply disappeared from the work force. Record numbers of Americans are living in poverty today – over 46 million of our fellow Americans are living below the poverty line.

This is not just a failure of policy; it is a moral failure of tragic proportions. Our government has an absolute moral commitment to help every American help themselves and today, that fundamental commitment has been broken.

Katrina Trinko — Katrina Trinko is a political reporter for National Review. Trinko is also a member of USA TODAY’S Board of Contributors, and her work has been published in various media outlets ...

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