Wednesday, February 29, 2012

Romney assaults Middle Class

Romney wants to run on his record at Bain as a job creator.  So, let's take a look at that.  He has already stated he would have eliminated the unions in the Auto Industry Bailout.  That wouldn't have effected Ford and if GM and Chrysler were allowed to destroy their unions all their skilled labor would have walked out the door.  Besides, I don't believe a bailout should take the 'side' of the Plutocrats, but, the people in majority effected, which were the unions and other manufacturers of parts that would have been destroyed along with it.


So, Romney has no moral grounds, but, to understand his lust for money all one has to do is look at his record and contribution to the destruction of jobs able to sustain a life in the USA.
February 27, 2012 5:00 AM

Romney's Retail Jobs Offer More Low Wages Than Middle Income (click title to entry - thank you)

Feb. 27 (Bloomberg) -- Mitt Romney says the U.S. can be “the best place in the world to be middle class again” and points to his hand in founding companies such as Staples Inc. and The Sports Authority Inc. to show he can create jobs to get people there.
While these retailers provide salaried positions, including store manager, that offer a path to the middle class, the majority are hourly jobs that don't. Sales associates at the two chains make less than $9 an hour on average, according to survey data from Glassdoor.com. At that rate, which is common in the industry, someone working 40 hours a week would earn below the poverty line of $19,090 for a family of three.
“Some people in those companies in management do fine,” said Stephanie Luce, who studies low-wage labor issues as an associate professor at the City University of New York's Murphy Institute. However, “the way to make a living wage is to get into a management position, and there are very few of those.”
According to the Bureau of Labor Statistics, more than 60 percent of workers in office supply and sporting goods stores are salespeople or cashiers, who are generally paid even less.
While Romney, a former private equity executive, has pegged his bid for the Republican presidential nomination on aiding the middle class, the bulk of the retail jobs he touts underscore the widening income gap that can make reaching it more elusive....
Romney is the one percent and not just by tax return only.  He facilitated the destruction of the Middle Class.  He is counting on his billionaire buddies at the his superpacs to buy him the election so he can do it all over again for them.
We all know Republicans have a long history of saying one thing during elections and doing quite the opposition once in office.  What makes anyone believe that is going to change?
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