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US now needs a turnaround: Paul Ryan

Ryan criticised Barack Obama for his "failed" policies and said he was "surviving on slogans"

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Press Trust of India Florida
Last Updated : Jan 25 2013 | 4:04 AM IST

Criticising US President Barack Obama for his "failed" policies and "surviving on slogans", Paul Ryan, the Republican vice-presidential candidate, has said the country now needs a turnaround.

"Now all that's left is a presidency adrift, surviving on slogans that already seem tired, grasping at a moment that has already passed, like a ship trying to sail on yesterday's wind," Ryan said in his address to the Republican national convention in Tampa, Florida.

"After four years of getting the run-around, America needs a turnaround, and the man for the job is Governor Mitt Romney," Ryan, Mitt Romney's running mate, said amidst a big applause as he alleged the Obama Administration has now run out of ideas.

"I have never seen opponents so silent about their record, and so desperate to keep their power. They've run out of ideas. Their moment came and went. Fear and division are all they've got left," he said.

"With all their attack ads, the president is just throwing away money, and he's pretty experienced at that," Ryan said.

Accusing Obama of his failed economic policies, Ryan said right now 23 million men and women are struggling to find work.

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"Nearly one in six Americans is living in poverty. Millions of young Americans have graduated from college during the Obama presidency, ready to use their gifts and get moving in life. Half of them can't find the work they studied for, or any work at all," he said.

"So here's the question: Without a change in leadership, why would the next four years be any different from the last four years?" he asked.

Ryan alleged that the $831 billion stimulus was a greatest waste of all time.

"Obamacare, as much as anything else, explains why a presidency that began with such anticipation now comes to such a disappointing close," he said.

"It began with a financial crisis; it ends with a job crisis. It began with a housing crisis they alone didn't cause; it ends with a housing crisis they didn't correct," he added.

"It began with a perfect Triple-A credit rating for the United States; it ends with a downgraded America," he said.

Ryan said a Romney Administration will keep federal spending at 20% of GDP, or less.

"That is enough. The choice is whether to put hard limits on economic growth, or hard limits on the size of government, and we choose to limit government," he said.

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First Published: Aug 30 2012 | 11:32 AM IST

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