Economic Uncertainty? You Can Thank Mitt Romney and Republicans

Robert Reich says Mitt Romney offers a question-mark when it comes to his plans for the economy. We’ve heard Romney and Republicans say that businesses are uncertain because of Obama’s big government agenda, but Reich posits that it is Romney who is offering uncertainty. Whether it’s his promise to repeal Obamacare (with no details on what he would replace it with) or his $5 trillion tax cut (with no details on which loopholes he will eliminate), Romney comes up short on specifics.

• • •

Unemployment Rate Falls To 7.8 Percent, Ending Another Republican Talking Point

There goes one more Republican talking point against President Obama. Just as Mitt Romney and Republicans can no longer say there are fewer jobs now compared to when Obama took office, they also cannot say the unemployment rate has been above 8% for (x) months. That’s because today the Labor Department released September’s job numbers and the unemployment rate fell to 7.8% from 8.1% in August. It’s the lowest unemployment rate in 44 months, equaling the unemployment rate when President Obama took office. Note that the unemployment rate peaked at 10% later in 2009, so the economy has shown steady improvement for three years.

• • •

Voter Fraud: Republicans Still Haven’t Found What They Are Looking For

When it comes to voter fraud, Republicans are singing the U2 song “I Still Haven’t Found What I’m Looking For.” But that won’t stop them. They will continue to waste time, money and resources going after a non-existent problem. After all, they need to prove their voter restrictions (i.e., voter suppression efforts) are sound, whether it be voter ID laws or voter registration purges.

• • •
1 19 20 21 22 23 45