With Romney shifting the focus of the campaign battle to the economy under Obama, the President has retorted by expressed his views about Republican policies of cutting financial aid to college students as well as funding for local schools and which will not make any easier for students and their parents.
Speaking in North Las Vegas, Nevada, Obama spoke of his Romney’s focus on cutting taxes for the rich instead, in saying, “We are a better country than one that short changes the next generation just so we can shower tax cuts on folks who are already wealthy. Governor Romney said we’ve got enough teachers; we don’t need more.”
At another level altogether, with Todd Akins making the news for all the wrong reasons, Romney continued to attack the President’s economic policies by saying that another term with Obama will result in the United States following the fate that Europe finds itself in – as it continues to battle with issues such as record unemployment and a debt crisis.
With the Congressional Budget Office projecting growth at 2.25 percent and US unemployment at 8.3 percent, the economy, without a doubt, is the most important issue in the Presidential campaign.
However, it must be noted that despite perceptions of Obama’s poor performance when it comes the economy, he holds a 4% lead over Romney with 48% of registered supporters still backing him, according to a poll conducted by NBC News and Wall Street Journal.
Yet the good news for Obama might be the fact that July’s figures has exceeded expectations with not an increase in the sales of homes but also retail sales not forgetting the addition of 163000 jobs as well.