O'Malley: Romney Has "An Economic Recipe for Disaster"

DGA Chair Gov. Martin O'Malley on ABC's This Week, July 8, 2012.

Partial transcript:

MORAN: Well, OK, so, Governor O'Malley, this is a forward-looking program, according to Governor Jindal.

O'MALLEY: The Romney program?

MORAN: Yes.

O'MALLEY: You mean the health care program that Governor Romney passed?

MORAN: No, the whole economic recipe.

O'MALLEY: Oh, the economic recipe. That would say -- or an economic recipe for disaster. And it's been proven. You want to talk about insanity, doing the same thing over and over again? You know, nostalgia is not want it used to be. I don't think most Americans want to go back to the days of George W. Bush, record spending increases, record deficits, record unemployment, record job losses.

I mean, the fact of the matter is, while we would all like the recovery to be happening faster, unemployment is lower now than it's been in three years, home foreclosures are now lower than they were before President Obama took office.

Look, the direction's clear. We need to move forward. And we need for the Republican Party, the party of Lincoln, to reclaim their party from the radical Tea Party Republicans that would rather kill our economy than -- in order to try to score points in this election rather than move forward.

MORAN: It may be a tough sell for voters to say that the economy is doing as well as you point out.

O'MALLEY: No, I'm not saying -- I'm saying, look, this is hard. The economy is moving in a better direction than it was, but it needs -- the acceleration needs to happen, and that requires both parties to work together for the common good.

• For the entire transcript, please visit: http://abcnews.go.com/Politics/week-transcript-gov-bobby-jindal-gov-martin-omalley/story?id=16717738&page=4