Archive for ‘unemployment’

October 17, 2012

Armchair Debating Mitt Romney

The 2nd presidential debate last night was nothing if not exciting and tension filled. The Obama we knew from 2008 was back with fervor while Romney fought back hard to maintain his momentum and success from the first debate. There were several moments of clear disagreement or misunderstanding of the facts between the two candidates. Romney pressed the president on oil and gas permitting, the actual events surrounding the attack in Benghazi, budget deficits and immigration. The President, while much improved this time around, was unable to fully push back. So to play a bit of armchair debating and employ a healthy dose of 20/20 hindsight let’s revisit a few of these issues from last night.

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September 17, 2012

Boehner’s Misconception of Governance & other Political Missteps

A few events over the intervening week held sway enough to make me ponder aloud, “Does John Boehner truly understand American governance?”; “Are the embassy attacks about US policy?” and “Does President Obama flagrantly advocate abortion?

      Election years are crazy enough with the monkey poo fights that erupt across the political ad-osphere but the complete abandon of facts this time around has sent this season into a tailspin of opportunistic malfeasance as its players seek to rouse emotion at the expense of rationality.

September 10, 2012

The Daily Scoop: GOP wish for Power vs Economic Recovery

Today we have two articles which delve into a disturbing possibility which has developed over the past 3 1/2 years. Has the Republican Party purposefully sabotaged the economic recovery from the Great Recession for no other reason but to regain power? It’s a tough question to answer definitively and is hard to believe all members of the party would subscribe to prioritizing the attainment of the presidency over the needs of average Americans amidst such an economic crisis. However, it’s just as difficult to dismiss such an accusation given the actions witnessed since the Obama presidency began. From the national GOP leaders inauguration evening adoption of a strategy to oppose everything put forth by the Administration to their subsequent, consistent opposition to middle class tax cuts, small business support legislation and anything stimulative in nature to record senatorial filibusters, the trend which has developed speaks volumes. It speaks to a coordinated effort to essentially disrupt economic recovery to ensure a Republican victory in 2012.

July 6, 2012

The Daily Scoop: Is Congress to blame for a slowing US economy?

A rising chorus of voices, inside and outside Washington, is warning that political gridlock in Congress is now so severe that it has actually done damage to the economy – and threatens to do a lot more.

June 22, 2012

Daily Scoop Xtra: Romney’s Bain invested in companies that outsourced jobs

Mitt Romney’s financial company, Bain Capital, invested in a series of firms that specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India.

During the nearly 15 years that Romney was actively involved in running Bain, a private equity firm that he founded, it owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories making computer components, according to filings with the Securities and Exchange Commission.

June 22, 2012

The Daily Scoop: Romney Camp Said to Ask FL Gov to Downplay Job Gains

Mitt Romney’s presidential campaign asked Florida Governor Rick Scott to tone down his statements heralding improvements in the state’s economy because they clash with the presumptive Republican nominee’s message that the nation is suffering under President Barack Obama, according to two people familiar with the matter.

Scott, a Republican, was asked to say that the state’s jobless rate could improve faster under a Romney presidency, according to the people, who asked not to be named.

What’s unfolding in Florida highlights a dilemma for the Romney campaign: how to allow Republican governors to take credit for economic improvements in their states while faulting Obama’s stewardship of the national economy. Republican governors in Ohio, Virginia, Michigan and Wisconsin also have highlighted improving economies.

June 12, 2012

The Daily Scoop: North Dakota’s Oil Boom Brings Damage With Prosperity

This is quite a long investigative reporting article by ProPublica but well worth the time reading it through.

Oil drilling has sparked a frenzied prosperity in Jeff Keller’s formerly quiet corner of western North Dakota in recent years, bringing an infusion of jobs and reviving moribund local businesses.

But Keller, a natural resource manager for the Army Corps of Engineers, has seen a more ominous effect of the boom, too: Oil companies are spilling and dumping drilling waste onto the region’s land and into its waterways with increasing regularity.

June 11, 2012

Daily Scoop Xtra: Private Sector under Obama

After President Obama’s out-of-context comment, “The private sector is doing fine.” caused a stir across the politcal spectrum on Friday, fact checkers and economic experts began assessing its accuracy. While it is very true there is a long way to go before we reach pre-recession status, the current state of the private sector is quite positive, especially when it compares to the public sector which has suffered from austerity measures imposed at local and state levels.
So what has happened with the private sector under the Obama Administration?
First, after tax corporate profits have never been higher.
June 8, 2012

Playing Politics with Government Workers

Earlier today President Obama was ridiculed by his Republican rivals for asserting “The private sector is doing fine.” The statement came during a brief press conference with the president of the Philippines, where he was urging Congress to act on public sector job creation.

While the six word phrase garnered the most attention, the context in which it appeared was largely ignored. The full statement made by the president was; 

May 26, 2012

In the Event of Austerity…”BREAK GLASS”

via #ThinkProgress (@nytimes)

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