Skip to comments.Obama Says Jobs Report Is 'Welcome' News, as Romney Blasts Job Growth As 'Weak'
Posted on 04/07/2012 5:38:31 AM PDT by Son House
Economists have worried all along that job growth couldn't sustain the strong December-to-February pace.
They also worry that a 66-cent run-up in gasoline prices (to a national average $3.94 a gallon) so far this year will discourage consumer spending -- though American households are more resilient financially after cutting their debts.
Most economists expect annual growth this year of just 2.5 percent. Normally, it takes annual growth of 4 percent to lower the unemployment rate 1 percentage point over a year.
The job market is improving largely because the pace of layoffs has fallen sharply. The staffing firm Challenger, Gray Christmas reported Thursday that planned layoffs fell 27 percent from February to March. Hiring, meanwhile, is still running nearly 20 percent below pre-recession levels.
(Excerpt) Read more at foxnews.com ...
Americas individual tax code applies relatively high marginal tax rates on a narrow tax base. Those high rates discourage work and entrepreneurship, as well as savings and investment. With 54 percent of private sector workers employed outside of corporations, individual rates also define the incentives for job-creating businesses. Lower marginal tax rates secure for all Americans the economic gains from tax reform.
The U.S. economys 35 percent corporate tax rate is among the highest in the industrial world, reducing the ability of our nations businesses to compete in the global economy and to invest and create jobs at home. By limiting investment and growth, the high rate of corporate tax also hurts U.S. wages.
Romney (of Soros Romney) ALWAYS increases
TAXES ... but he calls them “FEES”.
Romney is EXACTLY like OBAMA, but changes the words.
OBAMACARE ===> ROMNEYCARE
TAXES ===> FEES
but in the end, they both advocate death panels,
more taxes, more TARP, more sharia, and of course
Kingships for themselves.
Also keep in mind it was W. Bush that started “government stimulus” with his tax rebate checks, so we were already stuck with liberal solutions, and worse, primary supporters gave us McCain, than the general election was won by a Democrat which should have been an obvious loser if economic plans were compared, be it Hillary or Obama or Edwards or Biden or Tsongas or Ron Paul...
The Obama administration never ceases to put lipstick on pigs.
It seems that even “the other side” is picking up on this and talking about it openly.
If you don’t vote for Tweedle Dum then its the same as reelecting Tweedle Dee.
Good Luck America.
Thanks Son House.
The jobs “growth” is being trumpeted by the media shills. One let it slip that the “growth” was more than 100,000 jobs fewer than had been predicted, iow, the reasons for the “growth” are unrelated to White House policies.
Romney care is different from Obama care. Romney care is a state mandate, is legal. Obama care is a federal mandate and is illegal. Romney care charges a large fee for those who do not have health insurance, to provide incentive to buy insurance, and to pay for health care. Obama care charges a minimal fee, and steals money to pay for health care from other programs, to discourage insurance coverage. Further, Obama care reimburses doctors at a low level, so that fewer doctors are available.
In general we need more than 300,000 new jobs every month to keep up with increases in the population.