Quotidiano Nazionale, Italy
Obama vs. Romney: A Challenge over Taxes
By Giampaolo Pioli
Translated By Francesca Baldanzi
12 April 2012
Edited by Laurie Henneman
Italy - Quotidiano Nazionale - Original Article (Italian)
It will turn into a challenge between the teacher and the entrepreneur. Obama and Romney preach two very different philosophies to a country unable to get out of the crisis. Obama wants higher taxes on the rich, incentives for jobs. Tax and regulation breaks will revitalize the economy according to Mitt. In November, nobody should have doubts within the ballot box's secrecy. Actually, the wild deregulation failed severely over the eight-year Bush administration, but the "stimulus" hasn't given the result Obama hoped.
In other words, everyone is hunting for a remedy and time is running out. Up against the great American debt and the Chinese creditors' threat, the incumbent President and the Republican challenger — who now seems to have no rivals in the party — will have uphill climbs in the attempt to gain approval.
Obama is leading in the polls among women voters, but Romney is strongest among men and he is playing the card of "let me try ... I know how to fix things as I did in saving the Winter Olympics ..."
Barack relies on Twitter and Facebook and on his speeches in shirt-sleeves, calling for film stars' help, well in advance. Among them, George Clooney has been the first to come forward to open his house in Los Angeles to 150 guests ready to pay more than $40,000 each to sit at the table with Michelle and Barack.
The "minimum tax" on the wealthiest Americans earning more than $1 million, named the "Buffet Rule" after billionaire Warren Buffett who proposes it, has already become the strong point "to reduce the deficit and ensure tax fairness." Romney rejects it, proposing drastic cuts to health care and services, with tax cuts restricted to "job creators."
Now that Santorum is out of the race, Gingrich thinks only of selling at a high price his delegates at the convention in Tampa and Ron Paul delights in provocation, awaiting the first debate. Are we risking billions to watch campaigns made of TV commercials and gaffes in the coming months? Not at all. It won't be a marathon of rhetoric and boredom. While Obama stresses job growth and cannot afford to get bogged down in Syria or Iran issues, Romney should make Republican confidence stronger — now weak and wary — by choosing a "conservative" running mate. It won't be an easy decision.
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