Quote of the Day

“Ed Gillespie is getting a world of criticism this morning for ‘retroactively retired’ and the whole Mitt team is getting lectured on extremely poor handling of the mix of offshore accounts, outsourcing, and Romney’s quantum physics approach to having been CEO and not CEO of Bain at the same time.  But any campaign operative or observer will tell you that it’s very, very difficult for a campaign to be more forthcoming, agile or aware than the candidate himself.”  Italics in original.

Josh Marshall, “Rotting from the Top,” Talking Points Memo

Mitt the Cry Baby

Mitt’s campaign is insisting that WaPo retract its story from last week asserting that Bain specialized in helping grow companies that offered job outsourcing services to other U. S. companies.  They have demanded a sit down with the Post!

Meanwhile, President Obama is running ads in swing states saying we don’t need an “Outsourcer in Chief.”  Amen to that.

Mitt is whining that we “little people” don’t understand the difference between “outsourcing” and “offshoring.”

That’s a distinction you might make in a Harvard Business School paper, but if Mitt thinks that argument will help him win the election, he’s more trapped in his 1% bubble than I thought.

The GOP Keeps Unemployment High

We hear so much about jobs being outsourced.  But the job losses that are really dragging down our economy right now are public sector jobs (teacher, firefighters, police officers, etc.) that can’t be outsourced.  We’ve lost more than 600,000 of these jobs in the last three years, mostly in states controlled by Republicans.  If these jobs still existed, unemployment would be about 7%.

If you have a problem with your credit card bill, you can get help from a guy in India.  If your house is burning down, not so much.

The GOP is attacking President Obama for not reducing unemployment enough, but we’ve gained back all the private sector jobs that were lost in the Great Recession.  It’s the GOP, using their power at the state and local levels to fire people, and using their power at the federal level to block more stimulus in the form of direct aid to states to retain those teachers and firefighters, that is keeping unemployment high.