Thursday, May 24, 2012

"...no net new job in ten years..." and Romney states 6% unemployment in four years.



Six percent is going to happen even without Romney in the White House. All the rhetoric in his speech is simply Republican mind speak, there is nothing new here.


President Obama is pro-business, too. The difference between President Obama and Romney is; President Obama doesn't only count on Wall Street and Big Box Supply Chain stores to participate in the American economy. President Obama believes in "Made in America" and that has been the slogan of unions for decades.



New home sales are up. (click here) The unemployment rate is falling. Companies are buying one another, signaling confidence in the economy.
But investors are turning their back on positive economic signs, looking nervously at Europe's seemingly never-ending debt troubles and Facebook's flat IPO, wondering whether the global economy is beginning yet another deep dive....

Wall Street is leaving the American job market. They aren't interested and haven't been interested in investments where a labor force is necessary. They are playing with commodities, currency and futures; they don't make rock solid investments anymore. They like the adrenalin rush of 'money now' too much. They are even laying new Trans-Atlantic cable to play that game. Romney can't do anything here, his methodologies are old and out dated. President Obama is on the ground with people that have been stalled in the economic platform for so long their trades were picked up by China. Romney's ideas won't work and he is not willing to move the needle for new business opportunities that come with paradigm shifts. 

President Obama is doing a great job. He is even covering the hole left where one was not believed to exist when the final numbers were in on the global economic collapse from 2008. He is incredible for what he preserved of our culture and where it is headed. I honestly believe there isn't anyone else with the 'city kid' diligence that would have reached as far and took the risks to keep the USA stable and growing. I might have the 'city kid' philosophy wrong, but, I've never seen him on a horse or milking a cow, so I think I am right about that.