Romney warns of ‘prairie fire of debt’

Updated
Mitt Romney speaking during a campaign stop in Des Moines, Iowa on Tuesday.
Mitt Romney speaking during a campaign stop in Des Moines, Iowa on Tuesday.
Charlie Neibergall/AP Photo

Mitt Romney called for government austerity on the road in Iowa and compared spending under the Obama admin to a burning “prairie fire of debt” that’s engulfing the country.

“This debt is America’s nightmare mortgage. It’s adjustable, no-money down, and assigned to our children,” Romney warned voters in his first trip back to the Hawkeye state after briefly being declared the winner of the Iowa caucuses. “And politicians have been trying to hide the truth about this nightmare mortgage for years — just like liar-loans. This is not just bad economics; it is morally wrong and we must stop it.”

Following that theme of economic turmoil, Team Romney tried to put names and faces to just a few of the millions of Americans currently suffering hardships in this economic climate via a new ad. The gloomy video focuses on three unemployed people from northern Iowa, all struggling to make ends meet.

 

Iowa, Debt and Mitt Romney

Romney warns of 'prairie fire of debt'

Updated