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The Battle Over The Economy

We’ll look at the battle over the U.S. economy that’s shaping up at the heart of the fall campaign.

Republican presidential candidate, former Massachusetts Gov. Mitt Romney, campaigns at a pancake breakfast event in Milwaukee, Wis., Sunday, April 1, 2012. (AP)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney, campaigns at a pancake breakfast event in Milwaukee, Wis., Sunday, April 1, 2012. (AP)

It’s tipping point time for Mitt Romney in the GOP primary race. Clean sweep yesterday in DC, Maryland, Wisconsin, and it’s a tall – all but impossible – order now for anybody but Romney. And the first and towering issue as the contest for the White House clarifies: the American economy.

President Obama came out swinging yesterday. Painted Republicans as radicals for the rich who would sink the country. Romney blasts Obama as an out-of-touch Big Government bust.

This hour, On Point: the battle over the US economy shaping up at the heart of the fall campaign.

-Tom Ashbrook

Guests

Reid Epstein, a reporter with Politico.

Robert Reich, is Chancellor’s Professor of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton.

Kevin Hasset, a senior fellow at the American Enterprise Institute, he was formerly a senior economist at the Board of Governors of the Federal Reserve System and an associate professor of economics and finance at the Graduate School of Business of Columbia University, as well as a policy consultant to the Treasury Department during the George H. W. Bush and Clinton administrations.

From Tom’s Reading List

CNN “The Obama re-election campaign has recently started drawing battle lines around what is likely to be the most talked about issue until Nov. 6: the economy.”

Politico “Take a look at members of Congress and their challengers, who are going all out to express concern about the plight of American motorists — often with personal stories of their own sticker shock.”

The New York Times “President Obama opened a full-frontal assault Tuesday on the budget adopted by House Republicans, condemning it as a “Trojan horse” and “thinly veiled social Darwinism” that would greatly deepen inequality in the country. “

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