Are Romney’s Pledges As Good As They Seem-When He Says He Will Provide Jobs

 

Last week Mitt Romney committed himself to picking a Federal Reserve Board chairman that will try to keep workers’ wage down, likely costing them tens of thousands of dollars over the next decade. You remember reading the front page news stories on this pronouncement?
Of course you didn’t read them, because the media largely ignored President Romney’s statement about his choice of Fed chairs. And all of them ignored its implications for people’s wages and living standards. The media would rather focus on the ongoing debate over President Obama’s birth certificate or, when we are lucky, tax policy decisions that might in the extreme case make $1,000-$2,000 a year in difference to the typical family. The much more important policy decisions that allow people like Mitt Romney to be incredibly wealthy and the rest of the country to be struggling are totally off the media’s radar screen.
Romney’s statement about the Fed fits in the latter category because he said that he would pick a chair who supports a “strong dollar.” The implication is that he wants the Fed to run policies that keep the dollar over-valued relative to other currencies, making U.S. goods uncompetitive in international markets. Courtesy of Dean Baker – Huffington Post 

My Personal View: 

Will this type of action not cut wages and at the same time create a no-jobs for the man in the street, mentality? As anyone knows by keeping wages low you cut the ability of the economy to grow by the power of your workers! The sheer fact that there is less money in the economy will prevent growth and with the Fed ready to issue another round of fiscal stimulation, this will help overheat an already massive debt burden! Then the only way is that the balance of debt over growth will tip them into a deeper recession than the 1930’s!

The only way any country, nation or people can make any country prosperous is by rewarding people for a job well done, that are at the sharp-end. As these people are the coal on which any economy will grow! Then instead of warming themselves on Capitol Hill on the embers of a dying economy they can look out and see a nation of people proud to be Americans,once again.

 

#barack-obama-citizenship-conspiracy-theories, #current-events, #dean-baker, #federal-reserve-system, #mass-media, #mitt-romney, #obama, #politics, #republican, #romney, #united-states

Only Good Citizens Need Apply!

The Mail on Sunday claims that Ed Miliband has been embarrassed by MPs in his own party, after the Labour leader called for ‘good citizens’ to be fast-tracked up council-housing lists. The paper notes that the local Labour council in Camden has said that they don’t have enough houses, while Labour runMerton Council has said such a move would breach Harriet Harman’s equalities legislation.

I read this story with dismay as the word ” Good ” has many onerous ways to be understood!  The free dictionary has many ways to tell us how it should be used, please read it at this link http://www.thefreedictionary.com/Good 

The good l mean is who decides one man or woman is good and by what guidelines do we apply this meaning? If we refer to one person being good at sport ,do we believe those people get a council house first! Or maybe someone who teaches our children and who earns enough, to pay for a home and does not need this type of help! Or maybe simply the tramp in the street, who for no fault of his own is on their uppers! Once a shopkeeper and a supermarket is allowed to open up and his business goes crash!

So l look at good as what one person does for another and not by what that person expects in return! The meaning of giving of oneself for no reward is a seldom gift and so easily abused, by us and our society!

#current-events, #ed-miliband, #free-dictionary, #good-citizens, #government, #harriet-harman, #jon-cruddas, #labour, #labour-council, #labour-leader, #mail-on-sunday, #member-of-parliament, #miliband, #politics