Round 2 goes to Obama; slams Romney's outsourcing plans

October 17, 2012

obama-romney-debate-round

Washington, October 17: A decidedly more aggressive President Barack Obama went on the offensive right from the word go as he clashed with Republican challenger Mitt Romney over their conflicting visions in their second encounter.

Romney, who by all accounts bested the president in their first encounter two weeks ago to put his campaign on an upswing, in turn used Tuesday night's pivotal second encounter at Hofstra University in Long Island, New York, to recount a litany of Obama's own failings as president.outs

Meeting just three weeks before the Nov 6 presidential poll, the two contenders went at each other often on topics ranging from the economy, taxes and outsourcing to energy, women's rights and immigration in a tension filled exchange.

Coming into his own, Obama did not disappoint his supporters and aides who wanted him to put in a "stronger, more assertive performance" at the second debate after his admittedly bad night at Denver to hand over to his rival an advantage that he had enjoyed for weeks.

Debate watchers were divided on who won Tuesday night's debate with 46 percent in a CNN/ORC International survey saying Obama won the debate, while 39 percent said Romney fared better. The seven-point margin falls within the poll's sampling error.

As many as 73 percent said Obama did better than expected, compared to 37 percent who said the same about Romney.

The results offer a stark contrast from the first presidential showdown Oct 3, when 67 percent of debate watchers said Romney fared better while 25 percent said Obama won the debate.

But how far his aggressive performance would help Obama get back into the game is yet to be seen with most media reports describing the race for the White House as either a virtual tie or Obama's to lose.

A National Poll Average by Real Clear Politics, an influential political news aggregator, show Romney just 0.4 percentage points ahead with 47.4 percent to Obama's 47 percent.

But Obama still enjoys 201 to 191 vote advantage over Romney with 146 votes too close to call in the 538 strong Electoral College. It takes 270 votes to win the White House.

During the town hall format debate, where 82 uncommitted voters picked by Gallup

Organization got to ask the questions, Obama mocked Romney's five-point economic plan saying: "Governor Romney says he's got a five-point plan. Governor Romney doesn't have a five-point plan."

"He has a one-point plan. And that plan is to make sure that folks at the top play by a different set of rules," he said. "That's been his philosophy in the private sector. That's been his philosophy as a governor. And that's been his philosophy as a presidential candidate."

Romney shot back that Obama was "great as a speaker, but his policies don't work."

"That's what this election is all about," Romney said, saying he would prioritise middle class growth. "It's about how we can get the middle class of this country a bright and prosperous future."

The two also clashed over the Sep 11 terrorist attack on the US consulate in Benghazi, Libya that killed four Americans, with Romney suggesting the Obama administration played politics by failing to immediately acknowledge what happened.

Obama shot back that the suggestion anyone in his administration would play politics on such an issue was "offensive". When Obama said he called it a terrorist attack the very next day, Romney challenged him, and Obama responded "check the transcript".

Moderator Candy Crowley, the CNN chief political correspondent, cut in to say both men were right -- Obama called it a terrorist attack when he said he did, but the administration took longer to fully explain what occurred.



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News Network
June 17,2020

Washington, Jun 17: The United States is closely monitoring the situation following a fierce clash between Indian and Chinese forces in eastern Ladakh and hopes that the differences will be resolved peacefully, officials said here.

Twenty Indian Army personnel including a colonel were killed in the clash with Chinese troops in the Galwan Valley in eastern Ladakh on Monday night, the biggest military confrontation in over five decades that has significantly escalated the already volatile border standoff in the region.

"We are closely monitoring the situation between Indian and Chinese forces along the Line of Actual Control," a State Department spokesperson said.

"We note the Indian military has announced that 20 soldiers have died, and we offer our condolences to their families," the official said.

Both India and China have expressed their desires to de-escalate and the US supports a peaceful resolution of the current situation, the spokesperson said.

"During their phone call on June 2, 2020, President Donald Trump and Prime Minister Narendra Modi had discussed the situation along the India-China border," the official added.

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News Network
April 26,2020

Apr 26: The Chinese city of Wuhan, where the global coronavirus pandemic began, now has no remaining cases in its hospitals, a health official told reporters on Sunday.

"The latest news is that by April 26, the number of new coronavirus patients in Wuhan was at zero, thanks to the joint efforts of Wuhan and medical staff from around the country," National Health Commission spokesman Mi Feng said at a briefing.

The city had reported 46,452 cases, 56% of the national total. It saw 3,869 fatalities, or 84% of China's total.

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Agencies
June 16,2020

India continues to remain ranked 43rd on an annual World Competitiveness Index compiled by Institute for Management Development (IMD) with some traditional weaknesses like poor infrastructure and insufficient education investment keeping its ranking low, the international business school said on Tuesday.

Singapore has retained its top position on the 63-nation list.

Denmark has moved up to the second position (from 8th last year), Switzerland has gained one place to rank 3rd, the Netherlands has retained its 4th place and Hong Kong has slipped to the fifth place (from 2nd in 2019).

The US has moved down to 10th place (from 3rd last year), while China has also slipped from 14th to 20th place. Among the BRICS nations, India is ranked second after China, followed by Russia (50th), Brazil (56th) and South Africa (59th).

India was ranked 41st on the IMD World Competitiveness Ranking, being produced by the business school based in Switzerland and Singapore every year since 1989, but had slipped to 45th in 2017 before improving to 44th in 2018 and then to 43rd in 2019.

While its overall position has remained unchanged in the 2020 list, it has recorded improvements in areas like long-term employment growth, current account balance, high-tech exports, foreign currency reserves, public expenditure on education, political stability and overall productivity, the IMD said.

However, it has moved down in areas like exchange rate stability, real GDP growth, competition legislation and taxes.

Arturo Bris, Head of Competitiveness Center at IMD Business School, said India continues to struggle on the list and the recent country rating downgrade by Moody’s reflects the uncertainties regarding the economy’s future.

"In our ranking this year, we again emphasize the traditional weaknesses of India -- poor infrastructure, an important deficit in education investment, and a health system that does not reach everybody. For India to follow the path of China, it must stress its intangible infrastructure," Bris said.

"In a less global world, with China, USA, and Europe looking inwards, currencies like the rupee (and the Brazilian real for instance) are going to suffer and display high volatilities.

"Moody’s has threatened the country with a downgrade to junk and that would put India in a terrible position to attract foreign capital. So the urgency for the government should be to fix the short-term problems—and this requires to improve the credibility of the government itself," Bris added.

With the exception of Singapore, the Philippines, Taiwan and the Korean Republic, most Asian economies dropped in rankings this year, the IMD said.

The reason for the Asian economies’ less stellar performance as a region, this year is partly the result of the trade frictions between China and the US, particularly because these economies are highly dependent on trade with China.

About Singapore, which moved to the top rank last year, the IMD said its position is largely driven by the relative ease of setting up business, availability of skilled labour and its cutting-edge technological infrastructure.

The IMD said the impact of COVID-19 on the competitiveness ranking has partially been captured by executives’ opinions about the effectiveness of the different health systems.

In the ASEAN countries included in the survey, only Singapore and Thailand have a positive performance in the effectiveness of the health infrastructure.

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