Tag Archives: job

8 Really Dumb Questions From the First Republican Debate

I think that choosing a president is serious business. We need serious, thoughtful people to run the country. In order to figure out who is serious we need these candidates to be asked good, solid questions. Fluff is for those goofy reality TV shows.

From TP:

1. “Sen. Santorum, you won the Iowa caucus 4 years ago and 10 other states. But you failed to beat Mitt Romney for the nomination…. Has your moment passed, senator?

2. “The president is reluctant to label these terrorists Islamic extremists, but you’ve said you have no problem with that label. But then comes the hard part, here is the question: how afar are you willing to go to root out this problem here at home? Would you put mosques, for example, potentially under surveillance? And keep in mind that conservatives are increasingly concerned in this country about religious freedom.”

3. “Gov. Perry, you were in charge of the 12th largest economy in the world and you recently said that 4 years ago you weren’t ready for this job. Why should somebody vote for you now?

4. “There is an increasing willingness in this country to accept assistance. How do you get Americans who are able, to take the job instead of a hand out?

5. “Many think that America has lost its can do spirit and that it’s not the nation that it once was. Ronald Reagan was confronted with a similar atmosphere and he said that it could be morning in America again. JFK said it was a new frontier. FDR said that we had nothing to fear but fear itself.On this level, Carly Fiorina, can you inspire this nation?

6. “Gov. Gilmore, you ran for the White House once and lost. You ran for the Senate once and lost. You haven’t held office in 13 years. Similar question. Is it time for new blood?

7. “How would you describe the Democratic frontrunner in two words?

8. “Gov. Pataki, four years ago this month you called it quits for a race for the White House in 2012.Mitt Romney declined to run because he believed that the party needed new blood. Does he have a point?

Continue reading 8 Really Dumb Questions From the First Republican Debate

Obama the Steady – January Jobs Report

There was a ton of good news in the job report that was released last week.

From BLS:

Total nonfarm payroll employment rose by 257,000 in January, and the unemployment rate
was little changed at 5.7 percent, the U.S. Bureau of Labor Statistics reported today.
Job gains occurred in retail trade, construction, health care, financial activities,
and manufacturing.

The economy continues to slowly but surely add more and more jobs. I wish we could have done this sooner and quicker but we have a Congress that doesn’t want to do anything that would help the average American worker. Can you spell – STIMULUS? An additional stimulus would have avoided the pain that millions of Americans felt because they were out of work for months or years.

59 straight months with private section adding jobs
Term Private Sector Jobs Added (000s)
Carter 9,041
Reagan 1 5,360
Reagan 2 9,357
GHW Bush 1,510
Clinton 1 10,885
Clinton 2 10,070
GW Bush 1 -844
GW Bush 2 381
Obama 1 2,018
Obama 2 5,5421 (124 months into 2nd term: 11,084 pace.)
Read more at http://www.calculatedriskblog.com/2015/02/public-and-private-sector-payroll-jobs.html#zK1jpdLecMH5Db00.99

Let’s let this last table sink in for a while. With all of the bad-mouthing of Obama he is on pace to have created more jobs during his last 4 years in office than any other president over the last 35 years. This includes Reagan.

Continue reading Obama the Steady – January Jobs Report

Mitt Romney and Bain Capital

Gov. Mitt Romney, former CEO and founder of Bain Capital, has in essence told us that he is qualified to be president because of his knowledge of the economy and his success as a businessman. Personally, let me say that I have no grudge or animosity towards Mitt Romney, Bain Capital or the fact that Mitt Romney is extremely wealthy. Mitt Romney has proven beyond a shadow of a doubt that he knows how to make money. He and Bain Capital have used every trick in the book in order to make money. They have used the tax system to their advantage. They’ve been able to mark off or depreciate assets in order to make money. They have skeletonized operations and moved some jobs overseas in some companies. None of this is bad if your goal is to make money. Mitt Romney’s job at Bain Capital was not to create jobs in the United States. His job was to make money for himself and his investors. He did that. He should be congratulated.

The problem for Mitt Romney is that some of the techniques that were used at Bain Capital just don’t sit well with voters. Voters love successful businessmen. Voters don’t care so much for businesses that seem to have manipulated the tax code. Voters don’t care so much for businesses that ship jobs overseas in order to make more profit. These are facts. So, what Mitt Romney has tried to do, like all politicians, is to play both sides of the fence. He wants all the notoriety and adulation for being a successful businessman, but does not want to take any of the blame for some of the business techniques that voters don’t like. This is why it becomes critically important to find out when Mitt Romney severed ties with Bain Dapital. Was it in 1999? Or was it some time later?

From MaddowBlog:

In 2002, a Boston Globe article quoted a former Bain Capital executive named Marc B. Wolpow who said Mr. Romney remained in a very active role at Bain Capital while he was supposedly on a leave of absence for his Senate race. Wolpow specifically said of Romney’s role, “I reported directly to Mitt Romney…. You can’t be CEO of Bain Capital and say, ‘I really don’t know what my guys were doing,'” Continue reading Mitt Romney and Bain Capital