Archive for ‘Jobs’

July 25, 2012

[FACTCHECK] Romney’s Tax Plan [video]

Barack Obama says Mitt Romney’s tax plan “would cut taxes for the folks at the very top”

After a flurry of attack ads in the past two weeks, President Barack Obama this week released a TV ad in which he spoke directly into the camera and discussed how his policy approaches differed from Mitt Romney’s. He cited taxes as one area where they had different philosophies. Obama said, “Gov. Romney’s plan would cut taxes for the folks at the very top.”

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July 22, 2012

[FACTCHECK] Stimulus Outsourced Jobs

From Energy Fact Check

CLAIM: The stimulus bill’s support for clean, renewable energy sent jobs overseas.

FACT: Even the author most cited to support this claim says it’s not true. The stimulus has supported tens of thousands of jobs and billions in investment for renewable energy technologies.

Russ Choma of American University’s Investigative Reporting Workshop, who is often cited by critics of the stimulus bill’s clean, renewable energy policies, told the Washington Post on July 12 that his reporting actually showed no evidence of jobs being sent overseas. (Source: Washington Post, http://wapo.st/S96Mys)

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July 6, 2012

The Daily Scoop: Is Congress to blame for a slowing US economy?

A rising chorus of voices, inside and outside Washington, is warning that political gridlock in Congress is now so severe that it has actually done damage to the economy – and threatens to do a lot more.

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July 2, 2012

The Daily Scoop: Should Small Businesses Really Fear Obamacare?

One of the Affordable Care Acts’ opponents ‘most repeated claims is its “job killing” nature. According to the law’s critics, it has caused widespread uncertainty for the business community throughout the US keeping them from effectively budgeting for premium costs which results in companies putting off hiring. Other claims call the law’s coverage requirements prohibitive which will cause small businesses to choose between retaining costly employee health insurance plans & eliminating coverage and just pay the cheaper penalty. Opponent are positive the burdens of the health care reform will eventually drive people out of business and kill the entrepreneurial spirit in the US.

But is any of this true?

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June 26, 2012

Daily Scoop Xtra: States Lacking Income Tax Get No Boost in Growth

In the wake of the Norquist “No Tax” Pledge, the gridlock caused in Congress over raising taxes in any form and attempts by many Republican-controlled state legislatures to further reduce state taxes to spur growth, a new study finds how misguided supply-side economics is during times of economic recovery.

BLOOMBERG- Governors seeking to expand their economies by eliminating income taxes find little support for the idea in the record of U.S. states that lack such a levy.

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June 22, 2012

Daily Scoop Xtra: Romney’s Bain invested in companies that outsourced jobs

Mitt Romney’s financial company, Bain Capital, invested in a series of firms that specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India.

During the nearly 15 years that Romney was actively involved in running Bain, a private equity firm that he founded, it owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories making computer components, according to filings with the Securities and Exchange Commission.

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June 22, 2012

The Daily Scoop: Romney Camp Said to Ask FL Gov to Downplay Job Gains

Mitt Romney’s presidential campaign asked Florida Governor Rick Scott to tone down his statements heralding improvements in the state’s economy because they clash with the presumptive Republican nominee’s message that the nation is suffering under President Barack Obama, according to two people familiar with the matter.

Scott, a Republican, was asked to say that the state’s jobless rate could improve faster under a Romney presidency, according to the people, who asked not to be named.

What’s unfolding in Florida highlights a dilemma for the Romney campaign: how to allow Republican governors to take credit for economic improvements in their states while faulting Obama’s stewardship of the national economy. Republican governors in Ohio, Virginia, Michigan and Wisconsin also have highlighted improving economies.

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June 14, 2012

Poll Update: Americans still blame Bush for economy over Obama

This poses a interesting couple of questions… at what level does this reflect the perceptions displayed in an earlier poll which found 49% of voters think the GOP has intentionally sabotaged the economy for political gain and also how closely aligned to Bush’s economics do voters perceive current Republican policy to be?

More than two-thirds of Americans—including half of Republicans—still blame former President George W. Bush for the country’s economic ills, according to a new Gallup poll released on Thursday, hours before President Barack Obama was to deliver a high-stakes speech defending his handling of the weak economy.

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June 12, 2012

Poll Update: 49% Believe GOP Stalling Recovery To Beat Obama

Despite the Democratic-leaning source this is the first poll I’ve come across that broaches the perception of voters on this topic. It’s worth asking and it may well be a valid issue for other polling institutes to track. In addition, one must wonder why Democrats and the Obama campaign are not hounding the Republican Party on this and the 2009 inaugural night meeting with the top GOP leadership to develop a strategy of obstructionism designed to make Obama a one-term president, a strategy which overrode the needs of a country in economic crisis.

Nearly half of voters believe that Republicans are deliberately hamstringing efforts to resuscitate the economy in order to bolster their chances of defeating President Barack Obama, according to a new poll released Tuesday.

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June 12, 2012

The Daily Scoop: North Dakota’s Oil Boom Brings Damage With Prosperity

This is quite a long investigative reporting article by ProPublica but well worth the time reading it through.

Oil drilling has sparked a frenzied prosperity in Jeff Keller’s formerly quiet corner of western North Dakota in recent years, bringing an infusion of jobs and reviving moribund local businesses.

But Keller, a natural resource manager for the Army Corps of Engineers, has seen a more ominous effect of the boom, too: Oil companies are spilling and dumping drilling waste onto the region’s land and into its waterways with increasing regularity.

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