Sunday, May 27, 2012


ACTUALLY....The President is taking aggressive steps to put Americans back to work.  Before the economic crises middle class security was slipping away, wages were at a standstill and health care costs were rising.  We've added back more than 4.2 million private sector jobs and seen 26 straight weeks of job growth. Way to go Mr. President!!!

There is nothing causing more pain for middle class Americans than being out of work.  We are facing a real sense of urgency over joblessness because from there it's a downward spiral to not being able to pay your home mortgage, putting enough food on the table, having proper health care and in some parts of the country heating your home.   OMG! That sounds like too much to handle! Yet there are millions of Americans facing this crises.  On top of all this, we have Gov. Mitt Romney sticking his wealthy nose in things by sucking the life out of companies across the U.S. and often loading them down with more debt.  He slashes pensions, health care benefits, and causes workers to loose their jobs.  But not to worry about Gov.Romney because he makes a healthy profit for himself and his partners by outsourcing jobs and bankrupting companies.  I'm sure he's quite proud of himself and he undoubtedly added a bit more lavishness to his La Jolla split level beach house.

Manufacturing has added 489,00 jobs since 2010 and plants and equipment business can expense 100% of their investment under a proposed tax extension.  The President also included a proposed 20% income tax credit on expenses for companies moving their operations back to the U.S.  Quickly after taking office the President passed the American Recovery and Reinvestment Act.  This cuts taxes for small businesses and 95% of working families.  This Act also included emergency funding for about 300,000 educator jobs and at least 4,600 law enforcement positions, as well as investments in the clean energy sector that supported over 200,000 jobs through 2010.  Terrific!!!

In the last couple of weeks, President Obama released his administrations plan to boost job creation.  His straight forward, emphatic words were "This is a bill that Congress needs to pass".  "No games.  No politics. No delays".  Pretty strong words wouldn't you say?  His administration announced a series of tax policy changes that officials say will pay for the costs of the Presidents job creation plan.  The provisions, announced by the Office of Management and Budget would raise a projected $467 billion over a 10 year period.  The American Job Act, outlined by the President, would cost an estimated $447 billion.

Oh! Let's not forget that Chrysler, GM and Ford are profitable for the first time in years and are adding  jobs and facilities across the country. Mitt Romney said "let Detroit go bankrupt".  WOW, that turned out to be not such a good idea, huh?  Gov. Romney is not so much about job creation as he is about profit creation.