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Romney: Obama Has a 4-4-4 Plan Romney: Obama Has a 4-4-4 Plan

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The Trail: 2012 Presidential News from the Field / CAMPAIGN 2012

Romney: Obama Has a 4-4-4 Plan

photo of Sarah B. Boxer
November 2, 2011

Riffing on businessman Herman Cain’s “9-9-9” economic plan, Republican presidential candidate Mitt Romney tried out a new campaign slogan on Wednesday, saying that he has heard that President Obama has a “4-4-4” plan--four years in office, $4 trillion more in debt, and 4 million jobs lost.

The comments by the former Massachusetts governor, made at a private fundraiser in New York City, played off Cain’s proposal to replace the U.S. tax code with a flat tax of 9 percent on income, businesses, and consumer goods. However, Romney’s 15-minute address to a group of about 300 donors at the Manhattan’s Grand Hyatt was mostly about foreign policy and his own ideas for fixing the economy, according to New York Republican Chairman Ed Cox. Romney did not comment on the sexual-harassment scandal engulfing his rival’s campaign.

Event hosts included New York Jets team owner Woody Johnson and hedge-fund manager John Paulson. Outside the hotel, about 15 protesters loosely affiliated with  Occupy Wall Street gathered, some holding signs of Romney in a doctored poster from the film Wall Street and captioned “Greed is good: Romney-Gekko 2012.”

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