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Created by The Core DJ's Jul 6, 2014 at 4:18pm. Last updated by The Core DJ's Jul 6, 2014.

Obama to set specific economic goals in convention speech @chloesogr8

President Barack Obama will set specific goals for economic growth, energy development and deficit reduction in his speech on Thursday night accepting his nomination for re-election by the Democratic National Convention.

According to excerpts of the speech released to reporters, the president will call for the nation to rally around “a real, achievable plan” to deal with the most problematic issues facing his campaign — high unemployment, sluggish economic recovery and chronic deficit and debt increases.

Specific goals include creating 1 million new manufacturing jobs by the end of 2016, doubling exports by the end of 2014 and reducing the federal deficit by $4 trillion over the next decade.

Other goals include halving net oil imports by 2020, cutting the growth of college tuition in half over the next 10 years, training 2 million workers for jobs and supporting natural gas development that can employ 600,000 people by the end of the decade.

Three of the goals are new — the increase in manufacturing jobs, the cut in college tuition increases and the reduction in oil imports — while the others have been previously discussed by the president or his administration.

“I won’t pretend the path I’m offering is quick or easy. I never have,” Obama will say, according to the excerpts. He will add that “it will take more than a few years for us to solve challenges that have built up over decades.”

In an obvious message to independents and moderate voters of both parties, Obama also will seek to distance himself from the accusation by his Republican opponent, Mitt Romney, that he is a big-government liberal.

“Those of us who carry on his party’s legacy should remember that not every problem can be remedied with another government program or dictate from Washington,” Obama will say.

Following the theme of the forceful endorsement he received Wednesday night from former President Bill Clinton, Obama also will offer an optimistic outlook for the future to contrast with Republican warnings of a nation in peril.

“Our problems can be solved. Our challenges can be met,” he will say. “The path we offer may be harder, but it leads to a better place. And I’m asking you to choose that future.”

Romney indicated Thursday that he wasn’t planning to watch Obama’s speech.

“If I heard, or if in the excerpts that are put out, I hear the president is going to report on the promises he made and how he has performed on those promises, then I would love to watch it,” Romney said in New Hampshire. “But if it is another series of new promises that he is not going to keep, I have no interest in seeing him.”

The final night of the three-day Democratic convention featured fiery speeches that lambasted Romney and his running mate, conservative Rep. Paul Ryan, while praising Obama for his leadership in the face of multiple crises upon taking office.

Veteran Sen. John Kerry of Massachusetts, the unsuccessful Democratic presidential nominee in 2004, drew howls of delight when he answered Republican claims that the nation is worse off under Obama by noting the president’s most visible foreign policy achievement.

“Mitt Romney said it would be ‘naïve’ to go into Pakistan to pursue the terrorists,” Kerry said. “It took President Obama, against the advice of many, to give that order and finally rid this earth of Osama bin Laden.”

To rising cheers, Kerry declared: “Ask Osama Bin Laden if he is better off now than he was four years ago.”

Kerry also questioned Romney’s foreign policy credentials, citing what he called a recent gaffe-filled visit by the former businessman and Massachusetts governor to England, Israel and Poland.

To Romney, “an overseas trip is when you trip all over yourself overseas,” quipped Kerry, who is chairman of the powerful Foreign Relations Committee in the Senate.

Former Michigan Gov. Jennifer Granholm criticized Romney for opposing a government bailout of the nation’s auto industry amid the financial crisis of 2008-2009, saying Obama showed the leadership to save vital jobs for the country by taking a politically unpopular step.

Romney “saw the same crisis and you know what he said — let Detroit go bankrupt,” Granholm said. Referring to Romney’s Michigan roots and his personal wealth that includes a car elevator at one of his houses, she said he “loves our lakes and our trees, he loves our cars so much they even have their own elevator, but the people who design and build and sell those cars … well, in Romney’s world, the cars get the elevator and the workers get the shaft.”

The night also included some celebrity influence, as Marc Anthony sang the national anthem after James Taylor entertained the delegates with old hits “Carolina In My Mind” and “You’ve Got A Friend,” the later performed after he described himself as an “old white guy” who loves Obama.

In an emotional moment, former Rep. Gabrielle Giffords of Arizona, who was grievously wounded in a shooting at a campaign event in January 2011, led the Pledge of Allegiance.

Clearly debilitated by her head injury, Giffords walked with Rep. Debbie Wasserman Schultz to the front of the stage and loudly recited the pledge, using her left hand to hold her right hand to her heart. The delegates stood, some openly in tears, and joined her.

Other scheduled speakers included Vice President Joe Biden, who earlier had tears in his eyes when his son, Beau, the Delaware attorney general, nominated him for the party ticket and the packed arena shouted its acclamation.

Obama’s speech concluding the convention originally was set for the 73,000-seat Bank of America Stadium, but possible thunderstorms caused organizers to move it indoors to the smaller Time Warner Cable Arena, where the political conclave has taken place so far.

In a conference call on Thursday with supporters who had credentials for the outdoor venue but won’t be able to get into the arena, Obama acknowledged their disappointment, which he said was shared by “crestfallen” campaign staff who worked for months organizing the scuttled stadium event.

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“You’re doing unbelievable work in this close race,” the president told grassroots campaigners registering voters in North Carolina and across the country. “We can’t let a little thunder and lightning get us down. We have to roll with it.”

On Wednesday night, Clinton thrilled an overflow convention crowd by picking apart Republican attacks on Obama and explaining why the president, if re-elected, can achieve the same economic growth that Clinton did in the 1990s.

Five things we learned from Day Two

Clinton said the man who defeated his wife for the Democratic nomination four years ago offers a better path forward for the country, and framed the November election as an opportunity for voters to choose what kind of country they want.

“If you want a winner-take-all, you’re-on-your-own society, you should support the Republican ticket,” Clinton said. “If you want a country of shared prosperity and shared responsibility — a we’re-all-in-this-together society — you should vote for Barack Obama and Joe Biden.”

Inside the DNC: Sights and sounds from convention-goers

One Republican strategist said Clinton’s speech took some of the pressure off Obama.

“If Barack Obama gets re-elected, I think tonight will be a good reason why,” said CNN contributor Alex Castellanos, adding that Clinton gave Democrats “a master class” on moving to the political center.

Still, Castellanos said Thursday that “Obama has to catch the ball that Bill Clinton threw him last night. … This speech will actually be judged on substance. He has to say, ‘Look, we’re going to take the country in a different direction.’”

The Wednesday speech was vintage Clinton, blending an expert’s command of figures and details with a down-home touch of language and emotion that made him one of the best communicators and politicians of his era.

Hillary Clinton visits Asia, misses husband’s speech

Some analysts said Clinton did the dirty work of partisan attacks on Romney and Ryan, leaving Obama to tell the nation his vision for a second term in his nationally televised speech that will conclude the convention.

In response, the Romney campaign said the speech drew a “stark contrast” between the two-term Democratic president’s accomplishments and those of Obama in what it called “the worst economic record of any president in modern history.”

“President Clinton’s speech brought the disappointment and failure of President Obama’s time in office clearly into focus,” said the statement from campaign spokesman Ryan Williams.

Analysis: Clinton speech hit Obama’s marks

Clinton takes aim at Republicans

Ryan told a campaign event Thursday in Colorado that he and Romney want the election to be about a better path, rather than “the lesser of two evils.”

“We want you to have an affirming choice,” Ryan said, describing the options as the Republican plan for an “opportunity society with a safety net and a path to prosperity” or a Democratic alternative for a “welfare state with a debt crisis.”

Ryan’s comments contained traditional conservative themes and policies that defined the Romney campaign through last week’s GOP convention that nominated the former Massachusetts governor and Ryan, the House Budget Committee chairman from Wisconsin.

Clinton took aim at those positions Wednesday night, saying the Republican argument against Obama’s re-election “was actually pretty simple, pretty snappy. It went something like this: ‘We left him a total mess, he hasn’t finished cleaning it up yet, so fire him and put us back in.’ ”

He criticized what he called the unwillingness of conservative Republicans to work with Obama and Democrats in any meaningful way to address the nation’s chronic debt and deficit increases and other issues.

Democratic economic policies have proved successful in the past, Clinton said, noting that Democratic administrations created 42 million jobs in their 24 years in power since 1961, compared with 24 million by GOP administrations in the other 28 years.

In addition, Clinton derided Republican deficit reduction plans, saying “the numbers don’t add up” because of planned tax cuts without any new revenue sources. The result will be widespread spending cuts that hurt the middle class and other vulnerable segments of society, he said.

“Don’t you ever forget when you hear them talking about this that Republican economic policy quadrupled the debt in the 12 years before I took office and doubled the debt in the eight years after I left because it defied arithmetic,” he said.

Gergen: Now it’s up to Obama

Self-inflicted wounds for Democrats

The Clinton speech concluded a day of some self-inflicted wounds for Democrats. First, campaign organizers announced they were moving Obama’s address to the indoor venue, preventing tens of thousands of credentialed supporters from attending.

Later, the Wednesday convention session started with some dissension when delegates approved a change in the party platform to reinstate language recognizing Jerusalem as the capital of Israel. The original platform approved Tuesday omitted that reference, which had been part of the 2008 platform, and Republicans quickly criticized it as a snub to Israel.

Another change restored the word “God” to the platform after the 2012 version omitted it, though it included language on faith as part of American society. The language referring to God-given rights was the same as in the 2008 platform.

It took three voice votes, with supporters and opponents of the changes strongly expressing their preference, before a clearly flummoxed Los Angeles Mayor Antonio Villaraigosa declared himself satisfied that a two-thirds majority backed the new language, despite groans of displeasure from some delegates.

Warren says middle class ‘chipped, squeezed and hammered’

A senior Democratic source told CNN that Obama intervened to change the platform language, saying the president “didn’t want there to be any confusion about his unshakeable commitment to the security of … Israel.” In addition, Democratic sources said Obama also asked aloud why the word “God” had been dropped.

“The platform is being amended to maintain consistency with the personal views expressed by the president and in the Democratic Party platform in 2008,” said a statement by Wasserman Schultz, who heads the Democratic National Committee.

CNN Fact Check: The $2,000 question

Struggle to define election

Both campaigns are fighting to define the election in the minds of voters. Republicans want it to be about Obama’s presidency, while Democrats seek a choice between differing political ideologies on the size and role of government.

In particular, Republicans seek to shrink the size of government and end chronic federal deficits and rising national debt through reducing spending, reforming entitlement programs such as Social Security, Medicare and Medicaid, and slashing taxes on businesses and many individuals as a spur for economic growth.

Obama and Democrats argue that a deficit reduction plan also needs additional revenue, and they propose allowing tax rates on income of more than $250,000 for families and $200,000 for individuals to return to the higher levels of the 1990s.

Republicans oppose any kind of tax increase, and the impasse over that issue has been the main impediment to a comprehensive deficit reduction agreement during Obama’s first term.

The race overall is very tight, with a new poll Tuesday showing Romney received little bounce from last week’s convention intended to introduce him to voters just now turning their attention to the presidential race.

The CNN/ORC International Poll also indicates that less than 40% of registered voters said the GOP convention made them more likely to vote for Romney. At the same time, Romney got a slight bump in his favorable rating, and on being in touch with the middle class and women, although he still trails Obama on those two questions.

Courtesy of CNN.com

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