GOP candidate Mitt Romney says he supports one-year extension of payroll tax cuts
Romney’s comments Monday were his first unequivocal statement of support for the measure. Democrats immediately argued that he changed his position based on public opinion.
“After belittling the middle-class tax cut the president proposed by calling it a ‘little Band-Aid,’ and saying he is ‘not looking to put money in people’s pockets — that’s the other party,’ Mitt Romney flip-flopped and now says he’s for it,” the press secretary for the Obama campaign, Ben LaBolt, said in an email.
Earlier Monday, Obama called the payroll tax extension “the last line of defense between hardship and catastrophe” for many middle-class families. While some congressional Republicans are still reluctant to extend the tax cut, many of the disagreements center on how to pay for it.
The Republican Rhetoric to justify the continuation of the Bush Tax Cuts and opposing a Millionaires Surtax is extremely flawed. Romney has made the point he would not raise taxes on anyone during a recession. The recession ended a long time ago. This is different and President Obama could not be more correct. No one is paying attention.
The latest jobs report from the US Department of Labor indicated growth in the private sector in all categories EXCEPT one. There were loss of jobs in construction. Now while that is reversible to some extent by infrastructure projects the point is there is a net loss of construction jobs from the 2008 global financial collapse.
I have said it before, the loss of economy in 2008 will not return. The Bush/Cheney Economy hung its hat on construction, every bill passed in the Republican Majority was a jobs bill pandering to the construction industry. It is how the USA has more homes than homebuyers and why real estate value has fallen. There isn't anything else to build except infrastructure. There was a mild increase in housing starts, but, the employment of construction workers has fallen consistently. THOSE JOBS ARE GONE.
This is not a recession whereby simply offering tax breaks will allow the economy to be stimulated back to its original composition. This is a paradigm shift based in solid market analysis. The only way this economy is going to improve is to infuse the private and public sector with funding to GROW NEW JOBS. It is why the Alternative Energy Industries are so important. It is why returning capacity of manufacturing to USA soil is happening. There needs to be a return of American jobs in places where the country has no longer any jobs at all. All those workers need new careers, their old skills are no longer needed.
This is not a continuing recession, it is a paradigm shift. The Republicans have it "W"rong as they always do. The money has flowed to the top income brackets and is stagnant there. The surtax will return monies to the USA Treasury to pay down the debt, close in the gap of the deficit and used for stimulating a new economy.
Since when is 8.6% unemployment not 8.6% unemployment? We saw similar dynamics for most of the Bush/Cheney economy. There were lower unemployment ratings because people gave up, it is a well traveled path for over a decade. I sincerely believe, the drop in unemployment is due to higher temporary jobs since October. I know people that are working a second job or a temporary job now to help with their home budgets, but, they know they are primarily temporary jobs.
Offering temporary work is a Wall Street dream come true. They don't have to offer benefits and only have to pay employment to people when they see it necessary to do so. This has been a growing paradigm with Wall Street and we know it. People look for these opportunities and know that temporary jobs need to be taken advantage of for as long as they last because the permanent employment promised as part of the American Dream is becoming a thing of the past.
This paradigm shift is why local economies have to thrive. The local economies will build demand to the extent it can and add NEW employment in meaningful ways. Local economies seek stability, not highs and lows. Local economies is where economic infrastructure can be rid of corruption. President Obama is most correct in his statements regarding the economy when he focuses on keeping the markets moving with infusion of disposable income to the largest number of people; the Middle Class and Working Poor. Their focus can bring about new jobs and increased opportunity.
This is NOT a recession whereby tax cuts are going to solve the problem of one again expanding Wall Street's market share. This is a paradigm shift because the previous administration had NO IDEAS, butonly old methods of exploiting the American Dream which in turn destroyed it. The Democrats have to stand firm on the Millionaires Surtax.
Where is the focus on services in the new economy for CHILDREN? There is market share there for those that want to specialize in "Child Craft" that brings about achievement in education and physical well being. The Child has been forgotten and exploited during the past administration along with the construction industry and is why they are failing in achievement, both intellectually and physically. Our nation's children have been used along with the homes they once lived in. We need an entire new economy based in "Child Craft."
"Child Craft" isn't simply more electronics either. It is a matter of getting out of doors, playing tag, kick ball, using energy for fitness rather than bullying and learning what coloring is with crayons, paints and finger paint. Expanding expertise in knowledge of math, spelling and composition of both. There is a wide field to child craft and it does not end with the new electronic program. Competency is not secured with electronic exercises alone. "Child Craft" is about being human and not the extension of a computer. Computers aren't going anywhere, but, the competency to do math with paper and pencil and slide rule is dwindling rapidly.
A Mission to Mars that include human beings DEMANDS engineers. Real engineers. The electricity to power computers may not be available at times that are crucial. NASA needs to not just build trajectories and rockets, they need to perfect the composition of those PERFECTLY qualified for such missions and have an outreach through our Department of Education to inspire learners. There is a lot to "Child Craft" but most importantly it has to believe in the individual, the potential and the diversity of each of them.
Have a better day.
“After belittling the middle-class tax cut the president proposed by calling it a ‘little Band-Aid,’ and saying he is ‘not looking to put money in people’s pockets — that’s the other party,’ Mitt Romney flip-flopped and now says he’s for it,” the press secretary for the Obama campaign, Ben LaBolt, said in an email.
Earlier Monday, Obama called the payroll tax extension “the last line of defense between hardship and catastrophe” for many middle-class families. While some congressional Republicans are still reluctant to extend the tax cut, many of the disagreements center on how to pay for it.
The Republican Rhetoric to justify the continuation of the Bush Tax Cuts and opposing a Millionaires Surtax is extremely flawed. Romney has made the point he would not raise taxes on anyone during a recession. The recession ended a long time ago. This is different and President Obama could not be more correct. No one is paying attention.
The latest jobs report from the US Department of Labor indicated growth in the private sector in all categories EXCEPT one. There were loss of jobs in construction. Now while that is reversible to some extent by infrastructure projects the point is there is a net loss of construction jobs from the 2008 global financial collapse.
I have said it before, the loss of economy in 2008 will not return. The Bush/Cheney Economy hung its hat on construction, every bill passed in the Republican Majority was a jobs bill pandering to the construction industry. It is how the USA has more homes than homebuyers and why real estate value has fallen. There isn't anything else to build except infrastructure. There was a mild increase in housing starts, but, the employment of construction workers has fallen consistently. THOSE JOBS ARE GONE.
This is not a recession whereby simply offering tax breaks will allow the economy to be stimulated back to its original composition. This is a paradigm shift based in solid market analysis. The only way this economy is going to improve is to infuse the private and public sector with funding to GROW NEW JOBS. It is why the Alternative Energy Industries are so important. It is why returning capacity of manufacturing to USA soil is happening. There needs to be a return of American jobs in places where the country has no longer any jobs at all. All those workers need new careers, their old skills are no longer needed.
This is not a continuing recession, it is a paradigm shift. The Republicans have it "W"rong as they always do. The money has flowed to the top income brackets and is stagnant there. The surtax will return monies to the USA Treasury to pay down the debt, close in the gap of the deficit and used for stimulating a new economy.
Since when is 8.6% unemployment not 8.6% unemployment? We saw similar dynamics for most of the Bush/Cheney economy. There were lower unemployment ratings because people gave up, it is a well traveled path for over a decade. I sincerely believe, the drop in unemployment is due to higher temporary jobs since October. I know people that are working a second job or a temporary job now to help with their home budgets, but, they know they are primarily temporary jobs.
Offering temporary work is a Wall Street dream come true. They don't have to offer benefits and only have to pay employment to people when they see it necessary to do so. This has been a growing paradigm with Wall Street and we know it. People look for these opportunities and know that temporary jobs need to be taken advantage of for as long as they last because the permanent employment promised as part of the American Dream is becoming a thing of the past.
This paradigm shift is why local economies have to thrive. The local economies will build demand to the extent it can and add NEW employment in meaningful ways. Local economies seek stability, not highs and lows. Local economies is where economic infrastructure can be rid of corruption. President Obama is most correct in his statements regarding the economy when he focuses on keeping the markets moving with infusion of disposable income to the largest number of people; the Middle Class and Working Poor. Their focus can bring about new jobs and increased opportunity.
This is NOT a recession whereby tax cuts are going to solve the problem of one again expanding Wall Street's market share. This is a paradigm shift because the previous administration had NO IDEAS, butonly old methods of exploiting the American Dream which in turn destroyed it. The Democrats have to stand firm on the Millionaires Surtax.
Where is the focus on services in the new economy for CHILDREN? There is market share there for those that want to specialize in "Child Craft" that brings about achievement in education and physical well being. The Child has been forgotten and exploited during the past administration along with the construction industry and is why they are failing in achievement, both intellectually and physically. Our nation's children have been used along with the homes they once lived in. We need an entire new economy based in "Child Craft."
"Child Craft" isn't simply more electronics either. It is a matter of getting out of doors, playing tag, kick ball, using energy for fitness rather than bullying and learning what coloring is with crayons, paints and finger paint. Expanding expertise in knowledge of math, spelling and composition of both. There is a wide field to child craft and it does not end with the new electronic program. Competency is not secured with electronic exercises alone. "Child Craft" is about being human and not the extension of a computer. Computers aren't going anywhere, but, the competency to do math with paper and pencil and slide rule is dwindling rapidly.
A Mission to Mars that include human beings DEMANDS engineers. Real engineers. The electricity to power computers may not be available at times that are crucial. NASA needs to not just build trajectories and rockets, they need to perfect the composition of those PERFECTLY qualified for such missions and have an outreach through our Department of Education to inspire learners. There is a lot to "Child Craft" but most importantly it has to believe in the individual, the potential and the diversity of each of them.
Have a better day.
