Mitt Romney's new running mate has authored some provocative policy proposals to cut budget deficits and overhaul Social Security, Medicare and Medicaid. But Rep. Paul Ryan has also been an advocate for a different course for the central banking system of the United States, the Federal Reserve.
For the past 35 years, the Fed has had a dual mandate from Congress: to set interest rates at levels that will both foster maximum employment and keep prices stable. Put another way, the Fed's goals are to get unemployment as low as possible while keeping inflation in check.
Originally published on Tue August 14, 2012 4:32 pm
Republican presidential candidate Mitt Romney greets coal miners during a campaign rally in Beallsville, Ohio, on Tuesday.
Credit Justin Sullivan / Getty Images
Republican presidential candidate Mitt Romney was in far eastern Ohio on Tuesday — seemingly in the middle of nowhere.
But Beallsville is in the middle of coal country, and this site was carefully chosen. There's a battle over messaging on coal in Ohio, a state with huge coal reserves and an important but troubled coal industry.
Vice President Joe Biden and Wisconsin Rep. Paul Ryan.
Credit Evan Vucci/Jae C. Hong / AP
Who Is He?
Joe Biden: Biden, whose own presidential aspirations sputtered in 1988 and again in 2008, brought to the Democratic ticket foreign policy chops and an ability to relate to working-class voters. In his 36 years representing Delaware in the U.S. Senate, he became known as more pragmatist than ideologue. He has also made a somewhat dubious name for himself because of his volubility and not infrequent verbal stumbles. But he has parlayed those potential liabilities into an effective, if occasionally unpredictable, campaign trail presence.
I heard about her death on the radio today and I was furious. The woman was a pioneer on women's and feminist issues, wrote "Sex and the Single Girl" and edited Cosmopolitan for decades. And yet, rather than honor this woman, the report on the radio insisted on mocking her, referring to her as Helen "Girlie" Brown. Given all that women have had to overcome in this country, she deserved more respect than that. Shameful.
Equally shameful is this week's easy ScuttleButton puzzle.
New Jersey Gov. Chris Christie greets Republican presidential candidate Mitt Romney in Des Moines, Iowa, on Dec. 30, 2011.
Credit Evan Vucci / AP
The man some Republicans once hoped would be their party's 2012 presidential nominee, New Jersey Gov. Chris Christie, will instead deliver the keynote speech at the national convention that will make Mitt Romney the GOP's official standard-bearer.
Christie has won plaudits from Republicans for an everyman style, for taking on the New Jersey teachers unions, and for generally not suffering lightly those he considers fools — whether they're voters, members of the media or even some members of his own party.
On a Tuesday, it's MORNING EDITION from NPR News. I'm David Greene.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
Paul Ryan's addition to the Republican ticket brings a number of advantages, including youth and conservative credentials. One thing he doesn't add is racial diversity. Yesterday, Mitt Romney was campaigning in Florida, a state where more than a third of eligible voters are minorities. NPR's Ari Shapiro offers this look at whether a ticket of two white men is a disadvantage in 2012.
President Obama continues his campaign bus trip across Iowa. He's traveling from west to east, drawing sharp contrasts with the Republican ticket. Obama warned some jobs could be in jeopardy if a wind power tax credit is allowed to expire, as Romney has proposed.
On Monday, GOP Rep. Paul Ryan made his first solo campaign trip since being named Mitt Romney's vice presidential running mate. Ryan went to the Iowa State where candidates are a common sight. Ryan drew a big crowd but it wasn't always friendly.
Rep. Paul Ryan at the Iowa State Fair in Des Moines on Monday.
Credit Conrad Schmidt / AP
With Rep. Paul Ryan officially in the mix as Mitt Romney's vice presidential pick, the 2012 race for the White House was fully engaged Monday, as all four members of the two major-party presidential tickets campaigned in swing states.
Both President Obama and Ryan were in Iowa, while Romney, the all-but-official Republican nominee, campaigned in Florida. Meanwhile, Vice President Biden was in North Carolina, hitting a state the Republican ticket visited over the weekend.