Dodd-Frank, championed by President Obama, is permitting those big banks to scarf up community banks and monopolize markets. Now those hardly pay any interest to the elderly on certificates of deposit but continue doling out unconscionable bonuses.

That sure grows the middle class -- taxing Grandma to pay Goldman Sachs!

Mr. Obama has made the tax code even more complicated, and harps daily he wants to raise rates on small businesses to finance more crony projects like Solyndra. He has crippled petroleum development in the Gulf, off the two coasts and in Alaska, and has proven too weak to deal effectively with Beijing on currency and trade.

Obama and Biden accuse Mitt Romney of wanting to take America back to the failed policies of President Bush.

Mr. Romney would give Americans a good dose of what they want: a tax system they could understand; financial regulations that don't pay off Mr. Obama's Wall Street pals and abuse the elderly; freedom to develop American energy instead of stuffing the pockets of adversaries abroad and pick their own investments; and a whole lot less condescension and paternalism.

During the debates, voters heard the same old same old about terrible problems inherited and watched Obama and Biden grin contemptuously, interrupt and fail to listen courteously to their opponents.

No one has a corner on good ideas. Successful leaders listen to their competitors and embrace their successful approaches.

No surprise Obama and Biden enjoy little success working with Republicans. They simply don't have what it takes to bring Americans together and move the country forward.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Professor Peter Morici, of the Robert H. Smith School of Business at the University of Maryland, is a recognized expert on economic policy and international economics. Prior to joining the university, he served as director of the Office of Economics at the U.S. International Trade Commission. He is the author of 18 books and monographs and has published widely in leading public policy and business journals, including the Harvard Business Review and Foreign Policy. Morici has lectured and offered executive programs at more than 100 institutions, including Columbia University, the Harvard Business School and Oxford University. His views are frequently featured on CNN, CBS, BBC, FOX, ABC, CNBC, NPR, NPB and national broadcast networks around the world.

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