Surprise! The New York Daily News Has Endorsed Mitt Romney for President
Well, I’m pretty sure not many people saw this endorsement coming. The NY Daily News, which endorsed Barack Obama 4 years ago, endorsed Mitt Romney for President. So why the flip? According to the NY Daily News:
America’s heart, soul, brains and muscle — the middle- and working-class people who make this nation great — have been beset for too long by sapping economic decline.
So, too, New York breadwinners and families.
Paychecks are shrunken after more than a decade in which the workplace has asked more of wage earners and rewarded them less. The decline has knocked someone at the midpoint of the salary scale back to where he or she would have been in 1996.
Then, the subway fare, still paid by token, was $1.50, gasoline was $1.23 a gallon and the median rent for a stabilized apartment was $600 a month. Today, the base MetroCard subway fare is $2.25, gasoline is in the $3.90 range and the median stabilized rent is $1,050, with all the increases outpacing wage growth.
A crisis of long duration, the gap between purchasing power and the necessities of life widened after the 2008 meltdown revealed that the U.S. economy was built on toothpicks — and they snapped.
Nine million jobs evaporated. The typical American family saw $50,000 vanish from its net worth, and its median household income dropped by more than $87 a week. New Yorkers got off with a $54 weekly hit.
The NY Daily News took apart the President, slamming his policies, including ObamaCare.
Next came Obamacare. While the country bled jobs, the President battled to establish universal health insurance — without first restraining soaring medical bills. Then he pushed one of the largest social programs in U.S. history through a Democratic-controlled Congress without a single Republican vote.
R.I.P. and never to be resurrected — Obama’s promised bipartisanship.
While the legislation has yet to take full effect, the typical family’s health insurance premium has risen and many businesses will experience a hike of $70 per week per employee, further restraining wages or producing part-time jobs that lack coverage.
Next came trillion-dollar deficits. Deep in the hole thanks to former President George W. Bush, Obama helped run up a $5 trillion increase in the national debt.
Along the way, he appointed a bipartisan commission to devise a plan for restoring America’s fiscal health, but he abandoned the panel’s menu of spending cuts, entitlement reductions and tax reform. Finally, Obama failed to close a deal with Republican House Speaker John Boehner for budgetary discipline and a path to job creation.
I guess all that talk about Obama looking Presidential during Hurricane Sandy had no effect on the Daily News. It will be interesting to see how this plays in New York which is a solid blue state. The Obama campaign has got to be embarrassed that a major paper in a deep blue state endorsed Romney.