Mitt Romney

thank you all veri much __PUNCT__

it good to be back in iowa __PUNCT__

so mani friend here hold a special place in my heart __PUNCT__

i come here todai to talk to you about an issu that affect the veri heart of america __PUNCT__

of cours __PUNCT__ iowa is much more than a collect of beauti farm and small_town and citi bound by two of america_great river __PUNCT__

iowa is a collect of the valu that built america and that have sustain us through good_time and bad __PUNCT__

you know them well __PUNCT__ hard_work __PUNCT__ take care of our neighbor __PUNCT__ famili __PUNCT__ faith in god and countri __PUNCT__

common_sens __PUNCT__ kitchen_tabl valu __PUNCT__

not fanci __PUNCT__ but endur __PUNCT__

these aren't the valu that lead to out __PUNCT__ of __PUNCT__ control_spend spend_spree __PUNCT__ or to pile up massiv_amount of debt you know your children __PUNCT__ and grandchildren __PUNCT__ will have to work all their live to pai off __PUNCT__

these aren't the valu of put off difficult decis with the hope that mayb someon els will solv them __PUNCT__

todai america_face a financi_crisi of debt and spend that threaten what it mean to be an american __PUNCT__

here in the heartland you know in your heart that it wrong __PUNCT__

we can't spend anoth four year talk about solv a problem that we know we ar make wors everi singl_dai __PUNCT__

when the men and women who settl the iowa prairi saw a fire in the distanc __PUNCT__ thei didn't look around for someon els to save them or go back to sleep hope the wind might blow anoth direct __PUNCT__

thei knew that their surviv wa up to them __PUNCT__

a prairi fire of debt is sweep across iowa and our nation and everi dai we fail to act that fire get closer to the home and children we love __PUNCT__

thi is not sole a democrat or a republican problem __PUNCT__

the issu isn't who deserv the most blame __PUNCT__ it who is go to do what it take to put out the fire __PUNCT__

the peopl of iowa and america have watch presid_obama for nearli four year __PUNCT__ much of that time with congress control by hi own parti __PUNCT__

and rather than put out the spend fire __PUNCT__ he ha fed the fire __PUNCT__

he ha spent more and borrow more __PUNCT__

the time ha come for a presid __PUNCT__ a leader __PUNCT__ who will lead __PUNCT__

i will lead us out of thi debt and spend inferno __PUNCT__

we will stop borrow unfathom sum of monei we can't even imagin __PUNCT__ from foreign_countri we never even visit __PUNCT__

i will bring us togeth to put out the fire __PUNCT__

a lot of peopl think thi is a problem we can't solv __PUNCT__

i reject that kind of __PUNCT__ can't do __PUNCT__ defeatist talk __PUNCT__

it wrong __PUNCT__

what happen here isn't complic __PUNCT__

washington ha been spend too much monei and our new presid_made thing much wors __PUNCT__

hi polici have taken us backward __PUNCT__

almost a gener_ago __PUNCT__ bill_clinton announc that the era of big_govern wa over __PUNCT__

even a former mcgovern campaign worker like presid_clinton wa signal to hi own parti that democrat should no longer try to govern by propos a new program for everi problem __PUNCT__

presid_obama tuck awai the clinton doctrin in hi larg drawer of discard idea __PUNCT__ along with transpar and bipartisanship __PUNCT__

it enough to make you wonder if mayb it wa a person beef with the clinton __PUNCT__ but realli it run much deeper __PUNCT__

presid obama is an old school liber whose first instinct is to see free_enterpris as the villain and govern as the hero __PUNCT__

america count on presid_obama to rescu the economi __PUNCT__ tame the deficit and help creat_job __PUNCT__

instead __PUNCT__ he bail out the public __PUNCT__ sector __PUNCT__ gave billion of dollar to the compani of hi friend __PUNCT__ and ad almost as much debt as all the prior presid combin __PUNCT__

the consequ is that we ar endur the most tepid recoveri in modern_histori __PUNCT__

the consequ is that half of the kid graduat from colleg can't find a job that us their skill __PUNCT__

half __PUNCT__

the consequ is that retire can no longer get by on save and social_secur __PUNCT__

the consequ is that the length of time it take an unemploi_worker to find a job is the longest on record __PUNCT__

thi is why even those who vote for barack_obama ar disappoint in him __PUNCT__

disappoint is the kei in which the presid re __PUNCT__ elect is be plai __PUNCT__

american will not settl for four more year of the same melancholi song __PUNCT__

we can and we must do better __PUNCT__

presid_obama start out with a near trillion __PUNCT__ dollar stimulu_packag __PUNCT__ the biggest __PUNCT__ most careless on __PUNCT__ time expenditur by the feder_govern in histori __PUNCT__

and rememb thi __PUNCT__ the stimulu wasn't just wast __PUNCT__ it wa borrow and wast __PUNCT__

we still ow the monei __PUNCT__ we still pai interest on it __PUNCT__ and it be that wai long after thi presid end __PUNCT__

then there wa obamacar __PUNCT__

even now nobodi know what it will actual cost __PUNCT__

and that uncertainti ha slow our economi __PUNCT__

employ delai hire and entrepreneur put the brake on start new busi __PUNCT__ becaus of a massiv __PUNCT__ european __PUNCT__ style entitl that american didn't want and can't afford __PUNCT__

when you add up hi polici __PUNCT__ thi presid ha increas the nation_debt by five trillion_dollar __PUNCT__

let me put that in a wai we can understand __PUNCT__

your household share of govern_debt and unfund_liabil ha reach more than __MONEY__ under thi presid __PUNCT__

think about what that mean __PUNCT__

your household will be tax year after year with the interest cost of that debt and with the princip payment for those liabil __PUNCT__

of cours __PUNCT__ it won't be paid off by the adult in your household __PUNCT__

it will be pass along to your children __PUNCT__

thei will struggl throughout their live with the interest on our debt __PUNCT__ and presid_obama is ad to them everi singl_dai __PUNCT__

and that the best case_scenario __PUNCT__

the interest_rate on that debt is bound to go up __PUNCT__ like an adjust mortgag __PUNCT__

and there a good_chanc thi debt could caus us to hit a greec __PUNCT__ like wall __PUNCT__

subprim_mortgag came close to bring the economi to it knee __PUNCT__

thi debt is america nightmar mortgag __PUNCT__

it is adjust __PUNCT__ no __PUNCT__ monei down __PUNCT__ and assign to our children __PUNCT__

politician have been try to hide the truth about thi nightmar mortgag for year __PUNCT__ just like liar __PUNCT__ loan __PUNCT__

thi is not just bad econom __PUNCT__ it is immor __PUNCT__

dure my time in busi and in state_govern __PUNCT__ i came to see the economi as have three big player __PUNCT__ the privat_sector __PUNCT__ the state and local __PUNCT__ and the feder_govern __PUNCT__

of these three __PUNCT__ the privat_sector is by far the most effici and cost effect __PUNCT__

that becaus score of busi and thousand of entrepreneur ar compet everi dai to find a wai to deliv a product or a servic that is better than anyon els __PUNCT__

think about smart phone __PUNCT__

blackberri got thing go __PUNCT__

then appl introduc the iphon __PUNCT__

now the android platform lead the market __PUNCT__

in the world of free_enterpris __PUNCT__ competit bring us better and better product at lower and lower_cost __PUNCT__

innov and chang or you go out of busi __PUNCT__

and the custom __PUNCT__ us __PUNCT__ benefit __PUNCT__

govern doesn't begin to compar when it come to chang and improv that provid better and less expens servic and product __PUNCT__

but among govern __PUNCT__ the state and local ar more respons than the feder_govern __PUNCT__ probabl becaus there is a degre of competit between them __PUNCT__

the slowest __PUNCT__ least respons sector is the feder govern __PUNCT__

nobodi hear __PUNCT__ washington __PUNCT__ d.c __PUNCT__ and think __PUNCT__ effici __PUNCT__

imagin if the feder govern wa the sole legal supplier of cell_phone __PUNCT__

first __PUNCT__ thei still be under review __PUNCT__ with hear in congress __PUNCT__

when final approv __PUNCT__ the contract to make them would go to an obama donor __PUNCT__

thei be the size of a shoe __PUNCT__ with a collaps solar_panel __PUNCT__

and campaign donor would be compet to becom the all __PUNCT__ power app czar __PUNCT__

my point is thi __PUNCT__ as presid_obama and old __PUNCT__ school liber absorb more and more of our economi into govern __PUNCT__ thei make what we do more expens __PUNCT__ less effici __PUNCT__ and less us __PUNCT__

thei make_america less competit __PUNCT__

thei make govern more expens __PUNCT__

what presid_obama is do is not bold __PUNCT__ it old __PUNCT__

as presid __PUNCT__ i will make the feder_govern simpler __PUNCT__ smaller __PUNCT__ smarter __PUNCT__ and __PUNCT__ by the wai __PUNCT__ more in keep with the vision of the framer of our constitut __PUNCT__

thi is why i do not __PUNCT__ for on moment __PUNCT__ share my oppon belief that our spend problem can be solv with more tax __PUNCT__

you do not ow washington a bigger share of your paycheck __PUNCT__

instead of put more limit on your earn and your option __PUNCT__ we need to place clear and firm limit on govern_spend __PUNCT__

as a start __PUNCT__ i will lower feder_spend to __NUM__ percent of gdp within four year __PUNCT__ time __PUNCT__ down from the __NUM__ percent todai __PUNCT__

the presid plan assum an endless expans of govern __PUNCT__ with cost rise and rise with the spread of obamacar __PUNCT__

i will halt the expans of govern __PUNCT__ and repeal_obamacar __PUNCT__

work togeth __PUNCT__ we can save social_secur without make ani chang in the system for peopl in or near retir __PUNCT__

we have two basic option for futur retire __PUNCT__ a tax_increas for high __PUNCT__ incom retire __PUNCT__ or a decreas in the benefit growth_rate for high __PUNCT__ incom retire __PUNCT__

i favor the second option __PUNCT__ it protect everyon in the system and it avoid higher_tax that will drag down the economi __PUNCT__

i have propos a medicar plan that improv the program __PUNCT__ keep it solvent __PUNCT__ and slow the rate of growth in health_care_cost __PUNCT__

both of these reform ar rel simpl __PUNCT__ compar to the far more difficult choic we face if we do noth __PUNCT__

of cours __PUNCT__ medicar and social_secur ar also easi to demagogu __PUNCT__ and i expect the presid to continu do that in thi campaign __PUNCT__

but american ar on to that game __PUNCT__ and i not go to insult voter by pretend that we can just keep put off entitl_reform __PUNCT__

i will continu to speak honestli __PUNCT__ and __PUNCT__ if elect __PUNCT__ i will do what is right for the peopl of america __PUNCT__

the presid ha made littl effort to rein in redund and wast __PUNCT__

in __NUM__ the govern_account_offic found __NUM__ area where agenc __PUNCT__ offic __PUNCT__ or initi in the feder_govern had overlap object or were provid similar servic __PUNCT__

the gao estim that fix thi redund could save over __MONEY___billion __PUNCT__

yet __PUNCT__ on year later __PUNCT__ onli three of these __NUM__ area had been fulli address __PUNCT__

onli on program wa actual defund __PUNCT__

in __NUM___feder feder_govern govern_agenc gave __MONEY___billion to more than __NUM___unit unit_nation program __PUNCT__ billion of it voluntarili __PUNCT__

anoth exampl __PUNCT__ there ar __NUM___feder feder_program in __NUM__ agenc that encourag __PUNCT__ green __PUNCT__ build __PUNCT__

a report found that the result of their initi and invest ar __PUNCT__ quot __PUNCT__ unknown __PUNCT__

we see the same bureaucraci and overhead in our anti __PUNCT__ poverti program __PUNCT__

last year __PUNCT__ the feder_govern spent more than __MONEY___billion on more than __NUM__ differ program that aim to help the poor __PUNCT__

my approach to feder_program and bureaucraci is entir differ __PUNCT__

move program to state or to the privat_sector where thei can be run more effici and where we can do a better job help the peopl who need our help __PUNCT__

shut down program that aren't work __PUNCT__

and streamlin everyth that left __PUNCT__

it time for the peopl of america to take back the govern of america __PUNCT__

entitl_reform __PUNCT__ do awai with redund and wast __PUNCT__ and shift servic and program to the econom player who can deliv them best __PUNCT__ these ar all seriou step toward get our debt and spend under control __PUNCT__

but abov all __PUNCT__ we need to shake off the static big __PUNCT__ govern mindset of these past few year __PUNCT__ and all the limit and regul that go with it __PUNCT__

we need a big turnaround here __PUNCT__ and it requir a focus __PUNCT__ unrel __PUNCT__ long __PUNCT__ term agenda for econom_growth __PUNCT__

instead of lead the world in how much we borrow __PUNCT__ america must continu to lead the world in how much we build __PUNCT__ creat __PUNCT__ and invent __PUNCT__

with all that we been through these past few year __PUNCT__ the challeng can seem awfulli big __PUNCT__ and some might look at america and wonder if we have lost our confid __PUNCT__

but confid is not what is miss __PUNCT__

all that lack now is direct and leadership __PUNCT__

these have been year of disappoint and declin __PUNCT__ and soon we can put them behind us __PUNCT__

we can prosper again __PUNCT__ with the power recoveri we all been wait for __PUNCT__ the good_job that so mani still need __PUNCT__ and __PUNCT__ abov all __PUNCT__ the opportun we ow to our children and grandchildren __PUNCT__

all of thi can be more than our hope __PUNCT__ it can be our futur __PUNCT__

it can begin thi year __PUNCT__ in the choic you make __PUNCT__ so i ask for your help __PUNCT__ your support __PUNCT__ and your vote on the sixth of __DATE__ __PUNCT__

thank you all __PUNCT__ and god_bless_america __PUNCT__