Mitt Romney said he knows how to create jobs but when he ran Bain Capital, he created a lot of money for himself while he threw companies' employees out of work.
When Bain took over a company it would lay off workers, cut salaries and pension funds and it paid itself a huge management fee.
This worker also knows how good Mitt Romney is at creating jobs.
"I'm going to be talking to as many people as I can as much as I can using any platform," said Johnson, now 57 and living outside Pittsburgh. "His campaign bus says 'businessman' on the side. He's never worked in a plant, he's never managed in a plant, he's never been a supervisor in general management ... he's only been the CEO of making money. That's a big, fundamental difference with creating jobs."
There was no language in the Marion, Indiana plant's labor contract that continued it after a sale, and Johnson recalled shock in July 1994 when workers learned they had to reapply for jobs, without regard to senior and often with lower wages. They attempted to bargain a new contract, eventually striking the plant that fall.
It should come as no surprise to anyone that Mr. Romney's tax plan would give tax cuts to the wealthy while increasing taxes for the middle and working classes and the poor. Oh, and the Romney tax cuts would be added to the deficit.
The Economist blasted Romney for his tax plan, saying that it is a throw back to the 15th Century.
THE Tax Policy Center has completed an analysis of the distributional effects of Mitt Romney's tax plan, and as might be expected it's quite good for you if you're raking in the big bucks, and not particularly helpful if you're not. For the bottom 80% of the income distribution, federal tax rates would drop between 0.6% and 3.4%. For the top 20%, they'd drop 5.9%; for the top 1%, they'd drop 8.6%. That means the regular-joe taxpayer at the middle of the distribution gets a cut of about $1,400, while a taxpayer in the top 1% gets a cut of $171,000
The tax reductions would give Romney and the Republicans an excuse to cut government programs. What else is new? The GOP has been on a ruthless crusade to do just that for decades.
Romney's tax proposal would also dramatically increase the deficit, and increase pressure for more drastic cuts to government programs.
It seems to be that Romney's policies are a clone of W.'s. It does not matter who the Republican nominee is. Their policies and ideologies are all the same: tax cuts for the rich, endless ginned up wars, deregulation of all corporate entities thereby letting financial institutions, oil, gas, insurance and the pharma industries run roughshod over the people. All would get rid of Medicare and Social Security in a New York nanosecond if they could. The hated government would be seen as a cash cow in which to award contracts and fatten the pockets of crony donors.
We've seen this horror show before. No more reruns, please.
Speaking of shows there is a clown show called the GOP debates on ABC at 8:00 p.m. this evening. There is also a GOP puppet show on at 9:00 a.m. on NBC Meet the Press.
Get out the popcorn, serve up a mimosa or two and enjoy.
