We’re proud to support President Barack Obama for re-election on Tuesday.
Four years ago, the nation was in crisis. We’d seen nearly a decade of stagnating wages, growing corporate power and steady erosion of the middle class. We were squandering time and resources we could have been using to rebuild America and create a fairer economy. In the fall, an under-regulated, irresponsible and out-of-control financial system detonated, which led to a massive recession and the loss of hundreds of thousands of jobs every month. We nearly lost a major American industry as the recession crippled auto companies.
Today, we’ve seen nearly three straight years of jobs being added in the private sector. Though things are still tough, we stopped the nosedive of our economy avoided the catastrophic depression that seemed imminent in 2008. We saved nearly a million jobs or more by rescuing the auto industry. And what’s more, we passed much-needed reforms to our health care system and our financial system that will help protect working people and rein in corporate power. None of this was inevitable, none of it was easy, and none of it would have happened if our hard work hadn’t elected Barack Obama as our president.
President Obama also signed into law the Lilly Ledbetter Fair Pay Act and an important credit card reform bill. He passed the Recovery Act that halted the economic collapse, cut taxes for working-class and middle class families and invested in our schools, our infrastructure and new kinds of energy. And he appointed champions for working people to the U.S. Supreme Court, the National Labor Relations Board and the new Consumer Financial Protection Board.
We haven’t agreed with the president on everything, but when it comes down to it, he’s shown that he wants to make America work better for middle class and working-class families. His values and his priorities are the same ones we hear from ordinary people at their doors thousands of times a week: building prosperity by strengthening the middle class, ensuring a great education for our kids, keeping the promise of Social Security and Medicare for today’s retirees and tomorrow’s.
Obama’s opponent, Mitt Romney, has been hard to pin down on a lot of issues, but on the basic economic issues that matter most, his views are remarkably clear: he thinks corporations and the very wealthy are the most important actors in the economy, and so in order to make the economy work we have to tilt it ever-further in favor of those rich and powerful actors. He said we should “let Detroit go bankrupt” rather than investing in the auto industry. He named Paul Ryan as his running mate—endorsing a radical plan to demolish Medicare and leave seniors at the mercy of private insurance companies. As a finance-industry CEO, he exemplified the worst trends in our economy, stripping companies of value for himself and his shareholders and leaving the people who worked for those companies stranded. In his business career, he was referred to as a “pioneer” of outsourcing, and his proposals would give companies further incentives to ship He’s maddeningly unspecific about much of his tax plan, but every serious analysis shows that he would give bigger tax breaks to millionaires (like him) than even George W. Bush did. And he has declared time and time again that his top priority is repealing the health care reform and Wall Street reform that President Obama worked so hard to pass.
This isn’t a close call. President Obama’s skill and leadership in stopping the economic collapse and putting in place health care reform and Wall Street reform would be enough to earn him a second term—but the case for a vote for Obama is even clearer when you compare it to what a Romney administration would look like.
On Tuesday, we recommend a vote for President Obama—and we hope you’ll get your friends and family to the polls, too.