Another Republican presidential debate, another forceful performance by Mitt Romney. The subject was the economy, jobs, and finance—Romney’s strong suits—and he made the most of it, having more to say on those subjects and saying it more cogently than the other seven candidates.
When the rescue of major banks in 2008 and its aftermath was discussed, Romney took the lead. He explained why the $700 billion bailout was necessary to save the economy and the currency. Later, he insisted the massive regulations in the Dodd-Frank bill, passed last year, would crush small and community banks and dry up their ability to lend. On both issues, his opponents for the GOP nomination deferred to him.
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