Quotation for Today: Romneynomics Is Wrong for America

Republican presidential wannabe, Mitt Romney, has made the return to Bushnomics the central idea of his political campaign. These are the same economic policies that provided tax breaks for American companies that off-shored thousands of American jobs to foreign countries. Conversely, President Barack Obama has advocated tax breaks for American companies who create jobs for Americans, not foreigners.  


Across the jump, the quotation for today captures the essence of the economic policies that GOP presidential wannabe, Mitt Romney, thinks is good for America.

Quotation for Today: American Jobs and Republican Bullying

The employment report for today shows the economic policies of the Obama Administration  -- the stimulus established in March of 2009 -- are still creating a steady growth in jobs. According to an April 2012 article by the Center on Budget and Policy Priorities, four million private-sector jobs have been created over the last 25 months.  


Now, and as the quotation for today highlights, the Obama Administration has been "swimming" against a horrific and unpatriotic Republican current of obstructionism and bullying that has thwarted job creation. This Republican obstructionism and bullying are being done for the sake of political gain for the Republican Party.

Quotation for Today: Republican-Controlled Congress Is Obstructing U.S. Economic Recovery

The quotation for today gets to one of the core reasons as to why the economy of the United States is sluggish. Although the reason cited for economic sluggishness in the United States has nothing to do with regulations or the economic policies of the Obama Administration, it does help highlight the failure of the Republican-controlled Congress' economic policies; policies that have blocked job-creating actions, thereby obstructing the economic recovery in the United States.

Quotation for Today: Creating Jobs the Republican Way

Via the quotation for today, we are introduced to the Republicans' job program; it will surely cause a drop in the nation's unemployment rate.

A Thousand Words, Vol. 1, Issue 1.

The failure of American political leadership during the past three decades is well captured in a picture that accompanies a story about Apple and Foxconn.  The picture can be viewed here.

Quotation for Today: Wrongheaded Republican Economic Policies Harm Nation

The quotation for today, on the other side of the break, highlights the fact that the United States  --  mainly due to wrongheaded Republican economic policies over the past 30-plus years  --  has fallen far behind other first- and second-world nations in investing in its infrastructure, manufacturing, education, job skills and alternative energy.

Lawrence O'Donnell and KIND

On the other side of the break is an MSNBC video that features Lawrence O'Donnell discussing the charitable organization Kids in Need of Desks (KIND).  

Channeling Thomas Jefferson to Understand Modern Class Warfare

 This post will take us onto historical and contemporary economic ground.

Quotation for Today

"If I were looking for effective management of a project, a company or a country, this is exactly the kind of management I would not want to have.  Bain partners think the profits they made are a sign of their brilliance. It's not brilliance. It's lurking around the corner and mugging somebody."


David Foster

Thought for Today

"Indeed, work — once the pathway to a rising standard of living — has become for many a route to downward mobility."

"Been Down So Long ... ." Editorial. The New York Times 2 December 2011, online edition.