I've got a little request for Republicans out there:
Explain to us how it is that President Obama is a "job killer" again?
The United States added 200,000 new jobs last month, the Labor Department said Friday, a robust number that came on the heels of a flurry of heartening economic news. Consumer confidence lifted, factories stepped up production and small businesses showed signs of life. The nation’s unemployment rate fell to 8.5 percent, its lowest level in nearly two years.
Yes, that's a killing all right.
Meanwhile, as people who badly need and want jobs search the help wanted ads and stand in line at unemployment offices, Republicans in Washington and elsewhere have jobs, but refuse to do them. Sad irony, huh?
Lucky for us, President Obama recently stepped in this week with a recess appoinment to run the CFPB because those Republicans woudn't do their jobs. Naturally the GOP was outraged, OUTRAGED I say, that someone would dare do something to help the people they are supposed to work for: Americans. That's a big help for consumers, which makes Republicans and their banker buddies even angrier. (When you've finished reading this post, head on over to the brand new CFPB website and check it out for yourself. I've also added it to my FYI link list for future reference.)
Getting back to the subject of "job killing" and all, there's another good reason the GOP is screaming so loud to convince you that it's President Obama who kills jobs. It's because the real job killer is none other than the current GOP front-runner: Mitt Romney.
In case you missed it, back in December The New York Times published a profile of Mittens and his history at Bain Capital, where he made some mighty hefty profits at the expense of American workers. Not surprisingly, a former top executive from Bain is also a financial backer for Romney's campaign now. Yet Mitt is busy promising to create jobs if he wins. If you believe that, than Mitt's got a steel mill he'd like to sell you. Oh, wait:
The young men in business suits, gingerly picking their way among the millwrights, machinists and pipe-fitters at Kansas City's Worldwide Grinding Systems steel mill. Gaping up at the cranes that swung 10-foot cast iron buckets through the air. Jumping at the thunder from the melt shop's electric-arc furnace as it turned scrap metal into lava....
...Apparently they liked what they saw. Soon after, in October 1993, Bain Capital, co-founded by Mitt Romney, became majority shareholder in a steel mill that had been operating since 1888.
It was a gamble. The old mill, renamed GS Technologies, needed expensive updating, and demand for its products was susceptible to cycles in the mining industry and commodities markets.
Less than a decade later, the mill was padlocked and some 750 people lost their jobs. Workers were denied the severance pay and health insurance they'd been promised, and their pension benefits were cut by as much as $400 (258 pounds) a month.
Funny thing, the same Mitt Romney who poo-pooed President Obama's bailout of the auto industry, and famously said: “Let Detroit Go Bankrupt.” who left those workers with slashed pensions? Well, say it with me here: "bailout:"
What's more, a federal government insurance agency had to pony up $44 million to bail out the company's underfunded pension plan. Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees.
Romney wants to shrink government too, so if he were in the Oval Office, there wouldn't even be those crumbs left behind. I guess you could call him The Grinch who double-dips?
Then we move on to taxes. There's another touchy subject for Mr. Personality. There's a real good reason Romney is hiding his tax returns from voters. That's because people who make the kind of income he does, while doing, well, not much of anything really, would be the biggest beneficiaries of his proposed tax plan. Because poor little rich folks like him aren't getting enough tax breaks as it is I guess. (Can you do better than zero?)
Well, voters may want to tuck any extra cash they may still have under their mattresses, because they'll need it. The Romney tax plan means the average working family would be picking up the slack in the tax paying department. The bottom 20 percent would see an increase to the tune of about $157, but the top one percent would save around $82,000.
Meanwhile, those of you here in Florida may have seen these new ads telling you what a great guy Mitt Romney is, where one of the most famous flip-floppers in history laughably tells you about his "constancy." He tells you he's been married to the same woman, attended the same church, and yes, he worked at the same company, Bain Capital for years.
What you won't see in those ads is the truth about what he did for a living, or how much he pays, or rather, doesn't pay, in taxes. The biggest constancy about Romney is probably the climb in his income.
Don't be distracted from the truth who the real "job killer" is: Mitt Romney.
If you buy what he's selling, you'll pay dearly.
We all will.